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  • On November 16 2012, the National Bank of Ukraine (NBU) adopted the Resolution On Amendments to the Terms for Settlements under Export/Import Operations and Establishment of an Obligation to Sell Foreign Currency Proceeds (Resolution). This provided for two important changes to the Ukrainian exchange control regime.
  • It's understandable that Mongolia's democratic government is concerned about its citizens benefiting from the enormous inbound investment targeting its natural resources. But resource nationalism is not the answer.
  • "Notoriously ambiguous", "historically obscure", "troublesome" – these are just a few of the words IFLR readers have used to describe the boilerplate sovereign pari passu clause in recent months. Great news then, that this month could see the grand finale to the long running and superlative-friendly sovereign debt restructuring trial – NML Capital v Argentina... right? Well, not so much.
  • Jeff Legault Margarita Oliva Sainz de Aja William Sturman In a sign of the region's growing attractiveness to foreign investors, lenders, and sponsors, corporate law firms are eagerly snatching up partners with experience in Latin America. CHADBOURNE & PARKE has recently expanded its Latin America banking and finance practice by hiring Margarita Oliva Sainz de Aja to work out of the firm's New York, Mexico City, and Sao Paulo offices. Sainz, who was previously with Allen & Overy, will apply her cross-border corporate finance and capital markets experience in this multi-jurisdictional role. Just days before Oliva's hiring, JONES DAY announced that it had recruited Alberto de la Parra, who had spent five years as an in-house counsel of Mexican mining and infrastructure giant Grupo Mexico. De la Parra now works as a partner in Jones Day's Mexico City office, putting to use his broad experience with power plant, wind farm, airport, infrastructure, and other project financings.
  • Dr Daniel Staehelin is president of INSOL Europe, a pan-European professional association for restructuring and insolvency specialists. He works as an attorney and notary public at Kellerhals Anwälte Attorneys at Law and is an honorary professor at the University of Basel in Switzerland. He sat down with IFLR to share his thoughts on the state of cross-border insolvency proceedings in Europe
  • The third public offering of this Mexican real estate investment trust has been widely reported as a transactional breakthrough with the potential to help the REIT asset class attract new investors from around the world
  • The first Iraq Stock Exchange listing since 2003 is expected to transform the frontier exchange
  • Conservative attitudes and inadequate staffing of credit rating agencies is crippling the recovery of European securitisation, in-house counsel have said.
  • Alexander Vogel, Wolfgang Muller and Debora Durrer-Kern of Meyerlustenberger Lachenal explore the restructuring options available to Swiss companies in times of difficulty
  • Some innovative reforms have created new possibilities – and flexibility – for Italian companies in distress. Chiomenti Studio Legale’s Carmelo Raimondo and Marco Pagani disucss the new rules for pre-insolvency creditor arrangements