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The uncertainty regarding representations and warranties leaves acquisitions potentially less protective

The recent US legislation has good intentions, but its exemptions and emphasis on disclosure and standards undermine its purpose

The European Supervisory Authorities could wield significant influence over national supervisors and individual firms

In September 2010, the US Fifth Circuit Court of Appeals vacated the district court opinion and instructed the district court to make findings of fact relating to the SEC's allegations that Mark Cuban traded unlawfully on inside information. While some of the facts of this case are yet to be established, the SEC's view of the facts and the law are clear. The SEC alleges that in 2004 Cuban sold shares of an internet company after receiving a call from the company's CEO advising that the company would soon announce a Pipe (private investment in public equity) transaction and inviting him to participate. Prior to the call, Cuban had been a large stockholder.

The new French banking act includes a framework for a novel type of covered bond

Emma Tooley

Zeynep Lale Mustafa Yazgan Turkey has been dreaming of a nuclear power plant (NPP) on its soil since the early 1960s. Although several tenders have been held since that time, not one has come to fruition. Because the establishment and operation of an NPP is a more delicate and complicated process than for any other type of power plant, NPPs require a comprehensive and detailed legislative framework. It has been a long, drawn-out adventure, and the end is not yet in sight.

The Lower Mekong River basin is attracting increasing interest on the part of developers of mainstream hydropower projects.

Sweden has, a bit late for some reason, now implemented the Payment Services Directive 2007/64/EC (the Directive). The Ministry of Finance, which is responsible for the implementation of the Payment Services Directive, presented a draft Government bill (lagrådsremiss) on March 9 2010. On June 22 2010, the parliament decided to adopt the new Payment Services Act (Lag (2010:751) om betaltjänster – the Act). It entered into force on August 1 2010.

Dovetailing with the momentous economic reform that has been taking place in Syria over the past few years, the Syrian banking sector has witnessed a number of reforms starting with the enactment of Law No 28 in 2001 that, after forty years of state monopoly, established the framework for private banking activity.