Search results for

Philippe Borens, Lionel Aeschlimann, and Anita Schläpfer, Schellenberg Wittmer, Zurich and Geneva, discuss the Swiss impact of the latest global financial scandals and latest trends

Dr Christina Tarnanidou of the Legal Affairs Division of Hellenic Exchanges analyses the impact of the new post trading laws in the Greek capital market system, as adopted following Mifid

During 2008 the Swedish Financial Supervisory Authority (SFSA) conducted live inspections at no less than 106 Swedish securities companies holding local Swedish licences to conduct securities operations. The purpose of the inspections was to assess how well those companies have adapted to the new rules imposed by the Markets in Financial Instruments Directive (Mifid) and also whether the companies held the correct licences for their businesses. The inspections resulted in an SFSA report which was published on April 9 2009.

In order to help Slovenian companies access liquid assets necessary for investment funding and working capital financing amid the credit crunch, the government has introduced a new measure entitled the Guarantee Scheme Act that entered into force May 1 2009 and will remain in force until December 31 2010. The Act aims to facilitate access to funding for companies incorporated in Slovenia by providing state guarantees to banks that grant loans to these companies, thereby reducing the banks' credit risk (the Guarantee Scheme). Due to recently proposed amendments to the Act, the Guarantee Scheme has not yet been applied.

The UK budget is encouraging funds onshore. But income tax and the hedge funds directive are pushing managers offshore

Getting Spacs more time for an acquisition can be tricky. Make sure you consider disclosure, authority and contractual issues

The Federal Deposit Insurance Corporation may have to put the final Legacy Loans Programme on the shelf in response to banks’ requests to buy toxic assets as well as selling them

Freshfields Bruckhaus Deringer is advising German car parts manufacturer Honsel on its restructuring. Slaughter and May, Gleiss Lutz and Linklaters have been counselling RHJ International, which is investing €50 million ($69.4 million) into Honsel in return for a 51% stake. Honsel's senior term lenders will hold the remaining 49%, following a debt-for-equity swap on which it was advised by Latham & Watkins in London and Hamburg. Sullivan & Cromwell is acting for the mezzanine, payment-in-kind and security agents. Orrick Herrington & Sutcliffe is advising the Senior Agent.

Private equity houses object to the scope of the AIFM directive, while some politicians want it to go further

It is essential that partners know all the options available to them for rights issues. At 11am on Wednesday June 3, IFLR is hosting a web seminar on the options and examples to choose from