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  • Intellectual property as financial security Gabriel Lidman and Per Victor, both of Advokatfirman Cederquist, give a Swedish perspective on the value of intellectual property rights as funding tools
  • Norway softens laws to boost new issues Norway has updated its securities laws in an effort to increase market activity. Sverre Tyrhaug of Thommessen outlines the developments
  • Swedish limited liability companies primed for use in corporate structures Jens Baastrup of Hamilton & Co discusses the value of Swedish limited liability companies as holding companies in international corporate structures
  • In October 2003 the Ministry of Justice published a draft outline to amend many provisions of the Commercial Code. The proposed amendments affect the authorization of bond issues and the resignation and liability of commissioned companies for bondholders.
  • Dutch retail company Eastbridge has closed the first Polish securitization to be sold internationally.
  • Motorola will soon finalize an asset-for-shares swap with a Chinese chipmaker in what will be the first deal completed under eight-month-old rules governing M&A between foreign and domestic companies.
  • US equity lawyers had reason to be grateful as they headed home for the Thanksgiving holiday. Late October saw a flurry of initial public offerings (IPOs) and as IFLR went to press the markets were bracing for one of their busiest weeks in the past two years.
  • It emerged that the EU's Prospectus Directive, published in November, restricts non-EU issuers of equity, equity-linked or low denomination debt securities in the EU to a single regulator, with immediate effect. The Directive will permanently tie issuers to the state regulator of their next issuance in the EU. Issuers that make a wrong decision could find themselves locked into using a regulator with less experience than the company would like.
  • Implementing Basel II in the US will have far-reaching implications for credit derivatives. Conrad Bahlke and Robert Lewin explain how
  • The synthetic resecuritization market is booming, but worries remain about the regulatory treatment of many products. Paul Forrester explains