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  • Beware rotten clauses in shiny deals Rating agency Moody's has warned that European change of control covenants offer few real protections to investors.
  • SEC leaning toward international standard
  • The impact of credit derivatives reviewed
  • KKR uses covenant-lite loans
  • Brokers copy the Google model
  • Indonesia tries to boost investment
  • Takeovers panel ruled unconstitutional
  • China's Private Equity Institute Tsinghua teaches PE Tsinghua University in Beijing will jointly develop a new research institute with Kirkland & Ellis. The Private Equity Institute, which is the first of its kind in China, will be supported by Tsinghua School of Economics and Management.
  • The amended enforcement decree of the Monopoly Regulation and Fair Trade Act relaxes the rule limiting the total amount of shareholdings and introduces changes regarding the holding company system. The Act was passed during the parliamentary plenary session held on April 2 2007 and came into force accordingly.
  • This year, two amendments to securities law came into effect that bring the Slovak legislation even closer to EU directives. Both set legal guidelines to protect the interests of minority shareholders of securities that are the subject of a purchase, takeover or change in control of a majority stake.