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  • Bryant Edwards: high-yield chair Latham & Watkins partner Bryant Edwards has been appointed chairman of The European High Yield Association (EHYA). Edwards is a corporate partner at the firm specializing in high-yield and mezzanine finance. He is joined on the EHYA board by three new directors: James Amine, co-head of global leveraged finance at Credit Suisse First Boston; Eric Capp, managing director of high-yield capital markets at JP Morgan in London; and Tim Flynn, managing director and co-head of leveraged finance at Goldman Sachs in London. The EHYA was set up in 2000 to promote knowledge about non-investment grade debt instruments and work towards standardizing products.
  • In the months since the controversial Welcome Break restructuring, bondholders have been analyzing multi-tiered security packages of corporate securitizations with extra care. Bodo Schaar explains how documentation should evolve
  • Linklaters has advised Deutsche Bank on securitizing public-private partnership (PPP) road construction contracts in Portugal.
  • In the second of two articles, Jack Lange and Marcia Ellis consider how investors in a Chinese company might realize their gains
  • William Braithwaite and John Ciardullo discuss new secondary market liability regimes soon to take effect in Canada
  • Hong Kong is one of the few common law jurisdictions to still operate a deeds registration system for recording interests in land and property, rather than a system of registration of title. In a property transaction, a solicitor has to review the deeds for at least the past 15 years to establish title, unlike a system of registered title, where the register itself gives the evidence of ownership and interests in the property.
  • Robert Falkner counters the presumption that equity contracts for differences give rise to market abuse
  • Conflicting court decisions over the transfer of receivables have held back whole-business securitization in France. Yet the government has postponed legislative settlement of the issue. Clotilde Dirnat and Jonathan Souffir explain
  • Parties pursuing the kind of state-investor arbitrations that have mushroomed in Latin America are wrong if they think the Icsid Convention ensures that awards will be enforced, say Edward Baldwin, Mark Kantor and Michael Nolan
  • A recent decision from the Delaware Court of Chancery may limit the effect of a previous case in which the Delaware Supreme Court invalidated takeover lockups that guaranteed approval of a deal. By Rod Howard, Norman Veasey and Frederick Green