IFLR Search

Letter: Defending the reputation of trade finance

Dear Sir:

December 01 2002

How to tackle debt restructuring in emerging markets

Dealing with bad debts in emerging markets is often a difficult and worrying experience. Local legislative frameworks and business practices can be bewildering and unfriendly to outside creditors. Steven Kargman* offers advice on some of the key challenges they may face

December 01 2002

Revenue bond clears some of California's energy-crisis debris

Six law firms last month advised on the completion of the largest revenue bond deal in US history. The transaction, on behalf of California's Department of Water Resources (DWR), raised $11.3 billion in power supply revenue bonds as part of the state's attempt to finance its way out of last year's energy crisis. The deal closed on November 14.

December 01 2002

Securitization industry hopes for Italian law to enable whole business deals

The Italian government's plans for civil code reform affecting businesses are likely to be pushed back, allowing the securitization industry more time to lobby officials on changes enabling a form of whole business securitization to take place.

December 01 2002

Why Asian issuers should not dismiss US offerings

Keeping Sarbanes-Oxley in perspective reveals that the new requirements should not discourage smaller non-US companies from listing in New York. Robert DeLaMater, Michael DeSombre and Melissa You of Sullivan & Cromwell argue that some Asian stock exchanges impose restrictions that create more practical burdens than those threatened by the new US legislation

December 01 2002

Will new liabilities land French banks in court?

Following recent regulations, French banks must take a share of the blame if investors feel they have been misled about a deal. Rob Mannix asks lawyers how well their clients will adapt to the new rules

December 01 2002

How French courts are holding back structured finance

Securitization lawyers in Paris are angry about court judgments that are holding back their industry. Rob Mannix finds out why the French government must legislate if it is serious about promoting structured finance

December 01 2002

Why the SEC is unfit to regulate lawyers

Last month the SEC approved proposed new rules on the conduct of lawyers under the Sarbanes-Oxley Act. Richard Hall at Cravath Swaine & Moore questions whether the Commission should be regulating the legal profession at all

December 01 2002

In brief

Herbert Smith advises insurer on rights issue and restructuring

December 01 2002

Landmark project financing sets Vietnam on new path

The signing of Vietnam's first build-operate-transfer project financing is being tipped to show the way for further deals of this type in the power sector.

December 01 2002

Search results for