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  • Dr Trevor A Carmichael, QC of Chancery Chambers explains why Barbados is great for holding companies with Chinese interests, among other things
  • On March 31 2009, the Study Committee on the Amendment to the Civil Claims Law published a report entitled The Policy Underlying a Proposed Amendment of the Claims Law, which proposes model statutory text and explanatory commentary intended to stimulate and assist the Diet in amending Japan's Civil Code. The Committee, formed on October 7 2006 with the aim of making a new Civil Code model that integrates case law, established practices, contemporary legal theories and insightful legal commentary with the existing statutory code, is comprised of Japanese civil law scholars.
  • Recently the Slovak Republic, in an attempt to foster the attractiveness of investments in renewable energy technologies and to meet the country's EU targets, adopted a bill on the promotion of the renewable energy and high-efficiency cogeneration (RES Promotion Act). Main incentive schemes will enter into force on January 1 2010.
  • Politicised enforcement and inconsistency is frightening corporate counsel. That and Satyam
  • The listing of special purpose acquisition companies or Spacs on the Main Market of Bursa Malaysia Securities Berhad was introduced in May 2009 as part of a number of measures comprised in a new regulatory framework. In a joint launch of the new framework on August 3 2009, the Securities Commission and Bursa expressed the hope that the competitiveness of the Malaysian bourse as an equity-raising and listing destination will be enhanced and that the advent of Spacs, in particular, will not only promote private equity activity but also spur corporate transformation and encourage mergers and acquisitions.
  • Changes to Tokyo Stock Exchange rules on private placements could pave the way for rights issues, foreign takeovers and independent directors
  • The UK Insolvency Service’s proposed amendments, designed to help distressed companies, are worrying banks by threatening their rights as secured creditors.
  • Sovereign documentation must strengthen trustee responsibilities and prevent states from buying debt they have defaulted on
  • Jane Ross and John Brockland are joining Dewey & LeBoeuf from Cooley Godward Kronish.
  • Davis Polk & Wardwell has advised Warner Chilcott on the US aspects of its $3.1 billion acquisition of Procter & Gamble’s pharmaceutical business.