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Daniel Fournier heads the energy structured finance lending group in the Calgary office of Blake, Cassels & Graydon LLP. He is involved in all aspects of public and private debt financing, both from the lender and borrower perspective. He also regularly provides advice on structuring and financing joint ventures on major capital projects in the energy industry. In recent years, he has provided advice on the structuring and financing of Canada's offshore East Coast exploration development; the construction and expansion of leading petrochemical facilities in Alberta as well as the deregulation of the power industry in Alberta.

By Mark Newbery of Herbert Smith

Albert Birkner has been with Cerha Hempel Spiegelfeld since 1995. His main areas of practice are mergers & acquisitions, in particular takeovers, and corporate restructurings. Albert Birkner has represented various national and international clients in takeover proceedings and general M&A matters before the Austrian Takeover Commission. He also advises on company law issues, in particular the transaction-related restructuring.

By Amit Kapur of J Sagar Associates

The Brazilian real keeps on falling. But a new law will enable debtors to control payments inflated by devaluation. Walter Douglas Stuber of Amaro Stuber e Advogados explains

The application of the EU's new Insolvency Directive will not be as uniform in practice as is hoped, say Raffaele Rizzi and Georgina Caldwell of Credit Suisse First Boston

In the August issue of IFLR, Simon Gleeson of Allen & Overy criticized elements of the UK market abuse regime. Here, Charles Abrams of SJ Berwin says why he believes it is perfectly safe

The US should not meddle in the organization of companies outside its jurisdicion, even if those companies access the US markets, says Ed Greene of Cleary Gottlieb Steen & Hamilton

The Superintendency of Securities has set out to unify the provisions regarding the issuance of mortgage bonds in Colombia. This comes with the issuance of Resolution 542 of 2002 which replaces Resolution 89 of 2000.

The Ministry of Foreign Trade and Economic Cooperation (Moftec) has issued a notice which permits the establishment of joint venture logistics enterprises in certain pilot cities and provinces in China. The Notice on Issues Related to the Launch of Pilot Projects for the Establishment of Foreign-Invested Logistics Enterprises was issued on June 20 2002 and came into force 30 days later. It applies in Beijing, Tianjin, Shanghai, Chongqing, Zhejiang, Jiangsu, Guangdong and the Shenzhen Special Economic Zone.