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Elena Tsohou, Maria Tzavelakou, Spyridoula Megalokonomou, Irini Kefaloyanni and George Pergamalis of Norton Rose outline some of the issues of trading on the Greek capital markets

IFLR continues its series of reports on the implementation of the Prospectus Directive with briefings on changes to the legal environment for securities offerings in France, Malta and Portugal

Nicholas Moussas of Moussas & Tsibris says criminal proceedings can be just as effective as civil action when protecting industrial property rights in Greece

When Portuguese companies need money to invest in new technology or overseas expansion, they often rely on bank loans or EU funds administered by the government.

The House of Lords has reversed Siebe Gorman, the landmark case on establishing a fixed charge, meaning that there is no longer a simple way for a clearing bank to take an effective fixed charge on book debts. By Geoffrey Yeowart

Simon Tortell explains the reforms Malta must make to ensure compliance with the Directive

Despite missing the July 1 deadline, France is now putting the finishing touches to its implementation, says Marc-Etienne Sébire

On June 24 2005, the Electricity Generating Authority of Thailand (EGAT) was converted into a public limited company. Two royal decrees were published:

Regulators and rating agencies are taking a close look at the collateralized debt obligation (CDO) market and its participants. Simon Hart assesses whether regulatory concerns are transitory or more deep-rooted

Davis Polk & Wardwell hired its first non-US law partner. The firm hired French corporate lawyer Arnaud Peres from Freshfields Bruckhaus Deringer in Paris. Said John Ettinger, managing partner of Davis Polk: "France is a key market for us. Arnaud's excellent legal skills, market reputation and client service philosophy perfectly match our goals and practice and will allow us to take advantage of the significant business opportunities we see in the French market. In the near future, we anticipate building out our Paris team with additional French partners and associates." The firm's strategy is usually to practice only US law while partnering with the best independent firms for local law advice. But the firm has made an exception in Paris to answer the needs of French clients, who apparently want their law firms to practice more than just US law.