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  • A legal action in Indonesia begins when a plaintiff submits a complaint to the chairman of the district court that has jurisdiction over the matter. In the plaintiff's complaint, certain pre-judgment actions can be requested. Pre-judgment remedies, which either can be adjudicated jointly with the substance of the case or separately, are generally in the form of conservatory attachments, ownership attachments, and immediately enforceable provisional judgments (in the form of an injunction or otherwise).
  • The new BVI Business Companies Act (Act) introduces a new regime for the creation, registration and priority of charges that differs considerably from the position under the IBC Act.
  • In early 2005, the first large securitization of trade receivables was completed, with over DKr1 billion ($1.75 billion) of trade receivables sold into an existing platform.
  • Is now the time for the EU to consider a single financial regulator? Some commentators on the fallout from Citigroup's controversial government bond trades last year seem to think so.
  • Convergence in Europe's securities markets is leading two of the most influential capital markets trade groups to merge. The International Securities Market Association (Isma) and the International Primary Market Association (Ipma) will in July form the International Capital Market Association (ICMA) to be headquartered in Zurich.
  • An influential European parliament report has rejected proposals for a directive on clearing and settlement because of the risk of disrupting Eurobond and domestic settlement.
  • Linklaters widened its lead at the top of the equity linked table and broke the century mark with a total of 119 deals for the year in 2004
  • Income trusts have become a powerful structure for Canadian and cross-border securities offerings. Simon Romano and Jeffrey Singer explain how they work
  • The timeframe imposed on the MyTravel restructuring by regulatory considerations forced the company to take a tough line with bondholders. William Underhill and Caroline Edwards report
  • Legal & General's success in challenging the UK Financial Services Authority's enforcement procedures offers hope to companies dealing with an enforcement investigation. Kirsten Younger offers some practical advice