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  • graves.jpg
    Asia-Pacific
    Cleary Gottlieb Steen & Hamilton hired Norton Rose's former corporate finance head in China, Freeman Chan, as a partner in its Hong Kong office. Effective in early 2011, the appointment coincides with the launch of the firm's Hong Kong law practice.
    December 21 2010
  • New structures, new service
    Deals have picked up – and they're no longer emerging from the traditional financial centres. Instead, banks are finding themselves advising on bonds, mergers and project financings in young legal regimes.
    December 21 2010
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    Heading off the competition
    Private practice and in-house counsel met at IFLR’s inaugural Indonesia Forum to discuss the legal issues the country needs to tackle to stay competitive
    December 21 2010
  • Isda 2010 Hire Act Protocols
    As discussed in more detail in a prior column, the Hiring Incentives to Restore Employment Act (Hire Act), which was enacted in March of this year, treats as a US-source dividend any dividend equivalent for purposes of US withholding tax provisions. The effect of this provision, which applies to payments after September 14 2010, is to impose a 30% withholding tax on such payments unless reduced by treaty.
    December 21 2010
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    New tribunal for financial disputes
    Philip Reeser Cuperus In the first half of 2011, a new tribunal is to be instituted in the Hague in the Netherlands to settle international disputes relating to complex financial products. This initiative was launched at the roundtable meeting International Dispute Resolution Facility for the Financial Markets held by World Legal Forum (WLF) on October 25 2010.
    December 21 2010
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    Sovereign guarantee of Irish financial institutions
    Nollaig Murphy Liam Carney
    December 21 2010
  • Securitised debt listing arrangements in flux
    On October 6 2010 the Securities and Exchange Board of India (Sebi) placed the Draft Securitized Debt Listing Agreement (the Listing Agreement) on its website, inviting comments from various stakeholders.
    December 21 2010
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    Creation of an integrated Latin American market
    <> Carlos Fradique Méndez Over the past decade, a number of stock exchanges around the world have merged or entered into strategic alliances to address the growing needs of the global investment community. Beginning in 2003, the northern European stock exchanges started merging into what is now known as the Nasdaq OMX.
    December 21 2010
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    Distressed funds litigation in the BVI
    Phillip Kite
    December 21 2010
  • Film Industry Law enacted
    The Dominican government enacted the Film Industry Law with the aim of stimulating the development, production, dissemination and preservation of Dominican films as a means of communication and cultural diversification as well as an activity of great economic potential.
    December 21 2010
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