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  • Uría Menéndez has advised a group of creditors on the restructuring of debt belonging to the Sanahuja Group, majority shareholders in Spanish real estate company Metrovacesa.
  • Several recent enforcement actions undertaken by the Dubai Financial Services Authority (DFSA) demonstrate that the regulator will not hesitate to impose financial penalties. Set against the current global backdrop, the DFSA's recent interventions may appear relatively low-key. They do however mark an important development in the DFSA's maturity as a financial services regulator in the Middle East.
  • An IFLR webcast on US debt buybacks, refinancings and debt-for-equity swaps has been announced
  • Convertible structures need to be modified if they’re to remain a main source of financing for Asian companies. Investors want more protection and more liquidity
  • How foreign investors can extract their money from China, and avoid lawsuits for improper withdrawal
  • The French refinancing plan is an effective and novel way to deal with unprecedented problems
  • IFLR has added a new category to the Europe awards, to reward the most innovative US law firm operating in Europe
  • Convertible bonds are being restructured with lower conversion premiums, synthetic stock-borrow and more investor protection
  • Milbank Tweed Hadley & McCloy represented Inter-American Development Bank (IDB) in the $153 million project finance loan of two sugar and ethanol plants in Brazil.
  • The Gulf Cooperation Council and its regulators have never been through a large financial crisis before. In that they are almost unique in the world