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Peter Linthwaite of The British Private Equity and Venture Capital Association extols the virtues of his industry and its benefits for the UK economy

Paragraph 739 of Article one of Law 296 of December 27 2006 (the 2007 Financial Law), as clarified by the circular of the Ministry of Economy and Finance dated January 31 2007, has expanded the definition of debt contained in paragraph 17 of Article three, of Law 350 of December 14 2003 in the light of the position recently taken by Eurostat.

Skadden Arps

Lachlan Edwards

The new stakeholders in insolvent companies, and the rise of a rescue culture, mean the next wave of restructurings will be radically different from the last

Asia law firm of the year Kate Williams of Major Lindsey & Africa presents Asia law firm of the year to Connie Heng and Alexander Lloyd of Clifford Chance Clifford Chance stepped up another gear in 2006, and was involved on innovative deals across the board. The firm was nominated for a remarkable five deal categories, and was especially dominant in both debt and equity-linked and M&A. Yet again, its lawyers tackled some of the year's most difficult deals and were praised by in-house clients for their fresh approach in often challenging circumstances.

Pekin & Pekin outlines the framework for M&A transactions in Turkey's media sector and the country's plans to reduce restrictions on foreign ownership

Turkish lenders are increasingly willing to work with debtors to turn around struggling companies. The Guner Law Office describes Turkey's debt restructuring process