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  • The most recent developments at SAir Group and Switzerland's flag carrier SAirLines (Swissair) merit a short outline of the formal proceedings regarding moratorium and composition agreement under Swiss Debt Collection and Insolvency Law. The following three steps are to be distinguished:
  • On October 3 2001 Standard & Poor's raised the Republic of Ireland's long term sovereign credit rating from AA+ to AAA. Ireland is now one of only six EU countries to have a AAA rating, the others being Austria, France, Germany, Luxembourg and The Netherlands. Although, in comparison with other EU countries, Ireland has a small economy, the diversity and stability of the economy is reflected in this new rating.
  • Davis Polk puts JP Morgan loan in the picture
  • Last month commissioner Laura Unger announced plans to step down from the SEC. Her departure will leave a massive gap in an already under-staffed Commission, and not just in terms of numbers. Tom Nicholson meets the woman who led the SEC for most of a crucial year in its history, and discusses how she has fought Regulation FD, tried to narrow the digital divide and championed human rights through financial regulation
  • Coudert Brothers LLP 7 Ul Gasheka
  • Russia has been riding a wave of economic progress as a new government, rising oil prices and legal reforms lead the way. But, as Thomas Williams reports from Moscow, there’s plenty to be done before everyone feels comfortable
  • The legal framework for energy in Mexico By Miguel Angel Quintana of Thacher Proffitt & Wood, SC
  • The establishment of Mexican bank subsidiaries and representative offices, and the principal Mexican legal issues raised by cross-border bank financing to Mexican borrowers James E Ritch Grande Ampudia and Mauricio Gárate Meza of Ritch, Heather y Mueller, SC
  • Amendments to the Mexican Securities Law Antonio Franck C, Rafael Robles Miaja and Manuel Galicia R of Franck, Galicia y Robles, SC
  • Regulation of the telecommunications industry Andrés Acedo and Paola Jiménez Pons of Barrera, Siqueiros y Torres Landa, SC, Mexico City