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  • Hong Kong
    The Hong Kong Landlord and Tenancy (Consolidation) Amendment Ordinance 2003 (the Ordinance) was passed on June 30 2004 and came into effect on July 9 2004. It aims to remove security-of-tenure provisions for residential tenancies and to remove the minimum notice period requirement in relation to non-residential tenancies.
    August 31 2004
  • Does Gate Gourmet make comfort letters binding?
    Australian courts are increasingly likely to hold corporates accountable for letters of comfort they give to local subsidiaries. Abigail Gruzman and Geoff Sutherland explain why
    July 31 2004
  • Corporate Australia faces crackdown on disclosure
    The success of Australia's corporate law reforms depends on the regulators taking a tougher, but still realistic and understanding, stance to ensure listed entities meet their continuous disclosure obligations, says Alison Lansley
    July 31 2004
  • India's please-all budget points to mixed reforms
    Is the reform-minded budget good for the economy or just for the new government's popularity, asks Sandeep Parekh
    July 31 2004
  • iflr-dragontree-aug04.jpg
    Subordinated bonds offer lifeline for China's banks
    Detailed rules allowing China's commercial banks to issue subordinated debt will pave the way for them to improve their capital adequacy ratios, says Andrew Godwin
    July 31 2004
  • A negative pledge to fit the securitization age
    Bond covenants can deny developing-markets companies access to securitization as a financing option. Jim Patti looks at standard clauses and considers how they might change to make structured deals easier
    July 31 2004
  • SEC proposes final rules on bank-broker divide
    US securities regulators have set down plans affecting the ability of banks to act as brokers. Winthrop Brown and Naomi Beard report
    July 31 2004
  • Where Spectrum Plus leaves book debt charges
    The Court of Appeal has upheld the Siebe Gorman decision, meaning clearing banks can continue to take fixed charges on book debts. Geoffrey Yeowart tracks the progress of case law on a controversial topic
    July 31 2004
  • iflr-praga-aug04.jpg
    Bank conflicts raise threat of lawsuits over M&A
    Fairness opinions given by investment banks on mergers and acquisitions deals are the most recent focus of regulators' concerns over potential conflicts of interest. Deborah A DeMott explains
    July 31 2004
  • spitzer-may04.jpg
    Spitzer v Grasso: a story of greed, ego or publicity?
    A civil lawsuit against the former chairman of the New York Stock Exchange is the latest US suit to grab the business headlines. Henry Morgenbesser discusses the case and its implications for the market
    July 31 2004
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