Search results for

Sidharth Bhasin of Shearman & Sterling in Hong Kong explains how private equity deals are structured

Sale to a Spac has tended to be considered a last resort exit route for a private equity fund. Graham Defries and David Willbe of Dechert explain why the time has come to reconsider

Benoît Merkt and Marcel Meinhardt of Lenz & Staehelin describe recent developments in competition law

China's Anti-Monopoly Law recently came into force. Andrew McGinty and Kirstie Nicholson of Lovells provide a comprehensive outline

Anand S Pathak of P&A Law Offices explores India's new Competition Act

Dr Mohamed S Abdel Wahab of Shalakany Law Office offers reflections on the practical challenges of and potential for PPPs in Egypt

Ricardo M Arango and Roy C Durling of Arias Fábrega & Fábrega offer a primer to lenders financing energy and other infrastructure projects

Thomas Starlinger of Fiebinger Polak Leon & Partner discusses the implications of European energy project financing

Andrew Ruff of Shearman & Sterling leads us through a comprehensive history of project finance in China

September 7 2008 will be remembered by US capital markets participants as the day on which the government took over operation of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Association (Freddie Mac). To be precise, the Director of the Financial Housing Finance Authority (FHFA) placed Fannie Mae and Freddie Mac into conservatorship. The appointment of the FHFA as conservator was based on legislative provisions that had been enacted in the summer under the Housing and Economic Recovery Act of 2008. The announced purpose of the conservatorship is to assure the entities' safety and soundness while providing stability and liquidity to the housing market. In addition, the US Treasury agreed to purchase preferred shares of both entities and to provide additional capital support to them under certain scenarios, as well as provide short-term secured credit to them when, and if, needed, and purchase mortgage-backed securities issued by them in the secondary market.