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  • Are French sauvegarde plans leaving creditors with less than they hoped?
  • Pari passu for foreign creditors and much more
  • The general counsel of investment banking explains that there aren't any magic tricks
  • A bill recently introduced by the Dutch Ministry of Finance is drawing the interest of foreign investors. Two novel proposals, in particular, show that the Netherlands is serious in its bid to topple Luxembourg from its prominent position as a pan-European investment jurisdiction. The rules have been recently approved by parliament and are expected to enter into force later this year.
  • The existing guidelines regulating external commercial borrowings (ECBs) by Indian corporates from non-resident lenders (including international banks, international capital markets, multilateral financial institutions, export credit agencies, suppliers of equipment, foreign collaborators and foreign equity holders) impose restrictions on the end use of ECB proceeds, including limiting their use in the real estate sector.
  • Dubai is handicapped by its strata of laws
  • There may be more houses in Europe, but there are more mortgages in America The covered bond market's shifting investor base has been confirmed by Bank of America's debut issue.
  • With markets expecting an increase in messy LBO failures, private equity have watched with interest the restructuring of beleaguered IT consultancy Damovo.
  • In a change that will see foreign lawyers take over from public officials, China's new bankruptcy law has come into effect.
  • The big apple looks less and less attractive for equity In a deal demonstrating the shifting preferences of emerging markets issuers, Russian bank VTB completed its $8 billion initial public offering.