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  • A UK ruling could mean that payouts to some Lehman Brothers investors will be diluted, and established administration plans thrown into doubt
  • Rules must be clarified for suspicious activity in cross-border transactions
  • Greece’s situation could already constitute a credit event. What are the consequences if it does?
  • New bond structures are starting to reappear across markets, with precedent-setting deals dominating central and Eastern Europe and Asia
  • Leon Black of Apollo Apollo Management's establishment of a new bank is novel, but it uses old techniques.
  • Corruption is easing in Indonesia but offshore arbitration remains the best choice for foreign parties
  • Where can companies attempting mezzanine financing in the Middle East expect to succeed? Here's a regional roundup of preference share treatments in the region:
  • The strangest thing about the Committee of European Securities Regulators' (Cesr) recommendations for a consolidated tape at the end of July was the apathy with which they were greeted. The band of European securities regulators has proposed that a consolidated tape – a complete record of all trading – should be established for exchange-traded funds (ETF) and other equity-like instruments. This would bring the EU into line with the US, where all ETF trading, both on and off-exchange, has to be reported.
  • Takrir’s financing will allow the company’s refinery at Mostorod to be redeveloped Egyptian Refining Company's (Takrir) $3.5 billion financing has overcome completion risk and credit support fears, in what is Africa's largest project financing.
  • The Pear River delta Hopewell Highway Infrastructure has closed the first renminbi-denominated bond offered to international investors.