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Russel Rodriguez John Christian Joy Regalado The Financial Rehabilitation and Insolvency Act of 2010 (FRIA) provides more transparent, effective and efficient dealings between creditors and financially-struggling debtors. According to FRIA, a debtor or creditor may initiate rehabilitation proceedings to restore an insolvent debtor to solvency when (1) this is economically feasible, and (2) the projected recovery under the rehabilitation plan would be greater if the debtor was allowed to continue its business than if it was constrained to cease operations and liquidate its assets.

James Sattin While this summer's grand inauguration of the expanded Panama Canal has rightfully taken centre stage in the conversation on Panama's role in facilitating international trade, other more subtle efforts by the government are also beginning to produce noteworthy results. In particular, in April Panama's legislature passed Law 8 of 2016, which, among other things, restructured the Colon Free Zone. This is a long-standing international free trade zone located in the city of Colon on the Atlantic side of the Panama Canal. Law 8 replaced the 68 year-old Law 18 of 1948, which was understandably in need of modernisation.

Radka Sláviková Geržová Martin Ilavský The new Code of Civil Contentious Procedure entered into force on July 1 2016. It aims to speed up the litigation process. Previously, cases would often drag on for several years because the parties to the dispute had submitted their allegations and offered evidence to the court in small bits at a time. This may have been for tactical reasons, or because the facts and evidence did not arise all at once.

The World Bank's inclusion of RMB in its first issuance in the country has raised some questions in the investor community

A $2 billion motorway construction concession deal has closed in Russia, the only such project so far for 2016

The Blackstone Group and ArcLight are acquiring four Midwest power plants from subsidiaries of American Electric Power for $2.17 billion

The government has moved to prevent banks from being directly involved in swaps, further restricting solutions available to tackle the country's mounting bad debt problem

The financing structure for Europe’s biggest-ever infrastructure project has changed drastically since negotiations began in 2008

The PDF of the entire book is available to download here

The city-state's decision has been welcomed but market participants have recommended safeguards over board composition