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  • The national winners from the 2009 IFLR Asia awards
  • Linklaters has been named International Law Firm of the Year at IFLR’s annual Asia awards in Hong Kong
  • Banque Fédérale des Banques Populaires (BFBP) and Caisse Nationale de Caisses d’Epargne et de Prévoyance (CNCE) met last week to agree the principles of a merger. When completed, the merger will create France’s second largest banking group.
  • After more than three months, the US Treasury Department and Federal Reserve launched the Term Asset-Backed Securities Loan Facility yesterday with some unexpected omissions
  • In this wave of restructurings, the key players will be the fulcrum creditors – those whose place in the capital structure is where the value of the company breaks
  • Freshfields Bruckhaus Deringer is advising construction firm McCarthy & Stone on the restructuring of debt agreements with its senior lenders. Freshfields have been assisting McCarthy & Stone since May 2008.
  • Recent Delaware decisions lay the groundwork for business judgement suits applied to actions taken by companies before the housing mortgage crisis
  • Court-led insolvency proceedings are likely to become more common as complex debt structures and time pressures make consensual restructurings more difficult
  • DLA Piper has appointed Betty Louie as counsel in its Rome corporate practice. She joins the firm from K&L Gates’ New York office.
  • Freshfields Bruckhaus Deringer has advised a consortium of 14 banks on a $1.2 billion project financing to provide satellite communication to the United Arab Emirates armed forces.