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Dirk Leermakers and Gérald Origer of Loyens & Loeff describe the benefits of a draft bill to change the law in Luxembourg

H. Ercüment Erdem of Erdem & Erdem discusses board of director liabilities following 2001's banking crisis

Unlike the Hexion or United Rentals cases, Dow tried to pull out of its acquisition by challenging specific performance as inequitable

Investment firms providing discretionary portfolio management services and/or the reception and transmission of orders in relation to financial instruments in Austria are obliged to be members of an investor compensation scheme that operates as a liability company. The scheme compensates investors for eligible claims up to a limit of €20,000. Investors are entitled to compensation, if their claims were caused by an investment firm's inability (i) to repay funds owed to investors or (ii) to return instruments to investors that are their property and have been managed on the investors' account in connection with investment services.

Structured finance and special servicing is changing commercial property loan workouts. You need to know how a special servicer works

Two deals could be the start of a new debt market

The financial crisis is dragging more and more European companies into US courts

Following the prohibition of PCCW's attempted privatisation in Hong Kong, talk is turning to the schemes of arrangement often used to privatise companies – and essential reforms.

No one is happy with the EU's draft directive for regulating hedge funds and private equity. Not the industry and not those targeting it.

Federal Reserve stress tests are allowing the US government to take voting stakes in 19 of the country's largest banks.