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  • Russian government securities market opens to foreigners
    The Central Bank of Russia recently issued Instructions giving foreign investors greater scope to invest in rouble-denominated bonds. By Mira Davidovski and Robert Chernoff of Salans Hertzfeld & Heilbronn, Paris and Moscow
    November 01 1996
  • Benelux lawyers join forces to compete
    With small home markets, Benelux lawyers have been among the first in Europe to consider cross-border mergers and alliances. Their successes will be a model for others to follow. Paul Lee reports
    November 01 1996
  • Australia
    On September 11 the Bankruptcy Legislation Amendment Bill 1996 passed the House of Representatives in amended form. Key provisions contained in the Bill include:
    November 01 1996
  • City Litigation
    Limiting professional liability; Lending to local authorities; Disqualification of directors; Enforcing an assigned debtBy Neil Mirchandani, City Litigation Group, Lovell White Durrant, London
    November 01 1996
  • New Zealand
    Part II of the New Zealand Securities Amendment Act 1988 requires substantial security holders in a public issuer to disclose relevant interests, and changes in such interests, to the public issuer and any stock exchange on which the securities are listed. The disclosure regime was enacted to ensure that market participants know the identity of persons in a position to control a public issuer.
    November 01 1996
  • Bankers' acceptances smooth Canadian-US cross-border credit
    Despite their frequent use in Canada, US lawyers are often puzzled by bankers' acceptances. Lisa Boulton of Tory Tory DesLauriers & Binnington, Toronto, explains why they are so popular in Canada's money markets
    November 01 1996
  • New Arbitration Act aims to restore London's supremacy
    Arbitration is an increasingly popular form of dispute resolution. The recent Act for England and Wales boosts London's position. By David Wyld and Simon Nurney of Macfarlanes, London
    November 01 1996
  • Brazil's insurance industry opens to foreign investment
    Uncertainty over the Brazilian's state's right to control the domestic insurance industry appears to have been temporarily resolved – to the advantage of foreign insurance firms. By Manoel Ignácio Torres Monteiro of Amaro, Stuber e Advogados Associados, São Paulo
    November 01 1996
  • Milbank's Moscow practice defects to Allen & Overy
    Since UK firm Allen & Overy announced the appointment of David Slade as a project finance partner in the New York office (see Insides, IFLRev, October), three other lawyers have joined Slade at Allen & Overy, effectively wiping out the Russian practice of US firm Milbank, Tweed, Hadley & McCloy.
    November 01 1996
  • US government's project financier
    Charles Toy, vice president and general counsel of the Overseas Private Investment Corporation, Washington DC, talks to Richard Forster
    November 01 1996
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