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  • Oman
    Royal Decree 78/2004 has been issued, which promulgates the law regulating and privatizing the electricity and water sector in Oman.
    September 30 2004
  • India
    Foreign investors have always viewed Press Note 18 with apprehension because it does not allow them to proceed with investments if they have taken part in previous local ventures in the same field to proceed unless the investment is backed by a no-objection certificate (NOC) from the previous local partner. This has in some cases resulted in near blackmail of the foreign investor, as obtaining an NOC became a mandatory pre-requisite for entry into India.
    September 30 2004
  • Hong Kong
    Hong Kong's Legislative Council is considering a number of substantive amendments to Hong Kong's company law, including changes to the scope, application, content, registration, amendment, construction and advertisement of prospectus documents in Hong Kong.
    September 30 2004
  • SEC faces challenge to authority on fund rules
    Several groups are challenging the SEC's authority as it tries to reform the US funds sector. Ben Maiden reports
    September 30 2004
  • Maples and Calder expands but loses lawyers to rival
    Offshore firm Maples and Calder has acquired a firm in the British Virgin Islands (BVI) and opened a new office in Jersey, but has also lost a team of lawyers to offshore rival Mourant du Feu & Jeune.
    September 30 2004
  • Cutting edge close-up: Investors find new ways to manage construction risk in Korea
    Lenders to Korea's first toll road backed by a private investor structured the security package to eliminate almost all construction risk. Dong-Eun Kim and Yong-Jae Chang explain how
    September 30 2004
  • News focus: Negative effects of Fin 46 overstated, say law firms
    The ill-effects of rules forcing banks to consolidate certain financing vehicles onto their balance sheets have been less severe than expected, reports Ben Maiden
    September 30 2004
  • EU Commission to simplify cross-border bank mergers
    The European Commission is looking to remove obstacles to cross-border mergers in the banking industry.
    September 30 2004
  • German loan sale the largest of its type
    Mayer Brown Rowe & Maw and Freshfields Bruckhaus Deringer have advised on the $3.6 billion sale of a real estate loan portfolio by German bank Hypo Real Estate to US private equity house Lone Star.
    September 30 2004
  • sibree-compyb04.jpg
    United Kingdom
    UK competition regime awaits modernization UK competition authorities must come to grips with the new legislation introduced over the past 12 months before they can move forward, says William Sibree of Slaughter and May
    September 30 2004
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