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  • Exclusive take on China's controversial law
  • Davis Polk & Wardwell worked with Banc of America and JP Morgan in an SEC registered offering by General Dynamics Corporation of $1 billion of 5.25% notes, due in 2014. As joint book-running managers the firm worked alongside Jenner & Block, which represented General Dynamics, a military vehicle producer.
  • "There is no tripartite regulation any more. I've been in those meetings and the FSA just sits in the corner"
  • UK removes ban but keeps disclosure. Why?
  • While US hedge fund advisors face registration with the Securities and Exchange Commission later this year, further regulation could force smaller funds out of the market.
  • On February 20 2009, the Act on Liability for Damages Arising from Unsafe Products, BE 2551 (2008) comes into force, one year after its publication in the government gazette. Although the Act is short, with only 16 sections, it introduces several new concepts concerning the liabilities of manufacturers and resellers of products defined as unsafe products:
  • The Supreme Court of the Philippines promulgated the Rules of Procedure on Corporate Rehabilitation, superseding the interim rules issued in 2000.
  • The present international crisis of the economic, financial and banking system has urged the Italian legislator to come up against the crisis through the adoption of new provisions in favour of banks.
  • The need to improve borrowers' rights when a lender defaults has been shown up by the credit crisis. Syndicates should consider these reforms in their next deal
  • The Caribbean Financial Action Task Force (CFATF) has published a mutual evaluation report on the British Virgin Islands' anti-money laundering and combating the financing of terrorism (AML/CFT) regime.