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  • JJB's successful CVA has brought this rare procedure into the spotlight, and government reforms could make it easier. But potential copycats will have to be diligent, realistic and fair
  • Vague drafting and political one-upmanship is getting in the way of concrete legislation, but the inevitable is just being delayed
  • Over-the-counter products have earned themselves a poor reputation over the past two years, but new regulation should be careful not to destroy them completely
  • Isda's David Geen relates the late nights and controversy surrounding the collapse of Fannie Mae, Freddie Mac and Lehman Brothers
  • The US is aggressively pursuing corruption, everywhere
  • More European issuers have US shareholders and need their involvement in rights offerings. Three structures have developed in the past year to deal with the legal issues
  • These principles have been removed from the law. But takeover defences may be challenged elsewhere
  • The problems with the PCCW scheme show that the Hong Kong clearing system has had its day. And that the courts will take a more active role in future schemes
  • Amend your arbitration agreements. The alternatives are far worse
  • India must adopt best regulatory practices followed by China, Japan and the US or it will miss out on outbound deals