Search results for

Giving Japan's distressed assets a well-needed workout Japanese companies accept that they need private - mainly foreign - money to help them out of their financial troubles, and restructurings and buyouts are booming. Andrew Crooke asks Fumitaka Eshima, UBS's head of legal in Japan, what challenges investors and their financiers face when structuring these deals

Lawyers and businesspeople have welcomed the decision by the UK government to soften the standard of care for companies when they prepare newly introduced operating reviews together with their annual reports.

NYSE: busy holiday season The US securities markets traditionally have a short burst of activity sandwiched between Thanksgiving in late November and Christmas the following month.

Clifford Chance has advised DEPFA Bank on the UK's first private finance initiative (PFI) loan securitization. The £392 million ($758 million) synthetic, partially funded collaterized loan obligation (CLO) securitized a pool of UK PFI loans, which are used to fund public infrastructure assets, in a publicly rated debt transaction.

After an 18-month wait, the first deal has closed under the German true-sale initiative (TSI) platform that was designed to facilitate Germany's nascent true-sale securitization market.

Milbank Tweed Hadley & McCloy represented Mexican issuer Gruma in the first perpetual bond deal by a corporate issuer in any market.

Allen & Overy advised Lecico Egypt on its $132.6 million initial public offering (IPO) in November, the first IPO by an Egyptian company since 2000.

A judgment from the Hong Kong High Court to order the winding up of a PRC government window company is encouraging, says Susan Kendall. No longer will foreign creditors have to rely entirely on unfamiliar local courts

As takeover activity grows in Australia, bidders are finding new techniques to ensure success both on hostile and friendly deals, explains Rodd Levy

Steven Christopher, Mallesons Linklaters' Asia practice has suffered a rare defection after Steven Christopher, head of its banking group, resigned to join Mallesons Stephen Jaques as a partner in its Hong Kong office from early this month. Christopher, a debt-financing specialist, is a 14-year veteran in the region. His decision to join the Australian firm follows soon after it merged with Kwok & Yih to give it greater China access. Mallesons chief Robert Milliner said the new hire is a direct response to growing client demand for an increased presence on the ground in Hong Kong.