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  • Latin America opens up – slowly
    In Central and South America lawyers are experiencing mixed fortunes as one of the world's most exciting markets digests the combined effects of the Mexican peso crisis, Nafta and privatization. Richard Forster reports
    September 30 1996
  • Secondary listings grow in popularity
    John A Kehoe and J Alan Bannister of Clifford Chance, London and New York, offer a guide to the procedures for obtaining secondary listings on the main world markets
    September 30 1996
  • Asian governments must write attractive contracts
    In the second of two articles, Tim Soutar and Judith Hanson, of Clifford Chance, Hong Kong, continue their discussion of the role played by Asian governments in developing independent power sectors
    September 30 1996
  • Cutting edge close-up: Overcoming Octagon
    The decision in Octagon Gas Systems Inc v Rimmer, 995 F2d 948 (10th Cir 1993), cert denied, 114 S Ct 554, 126 L Ed 2d 455 (1993), complicates securitization transactions in US Tenth Circuit states Colorado, Kansas, New Mexico, Utah and Wyoming. This article examines how ABN AMRO overcame Octagon and completed a transaction for a Tenth Circuit company.
    September 30 1996
  • Allen & Overy in US hire
    UK firm Allen & Overy has announced the appointment of US lawyer David Slade as partner in its New York office. In a move designed to give the firm a dual US and UK capability in project finance work, Slade will be joined by dual-qualified partner Carl Sheldon who moves from the Frankfurt office.
    September 30 1996
  • France extends loi Toubon exemptions
    The controversial loi Toubon restricting the use of English in financial documentation produced by state entities in France has been amended following protests. By Gilles Endréo of Linklaters & Paines, Paris
    September 30 1996
  • Turkey
    The following is a summary of recent developments:
    August 31 1996
  • Jersey
    The Prevention of Terrorism (Jersey) Law 1996 came into force in Jersey (with the exception of certain provisions thereof) on July 1 1996. The Law proscribes organizations involved in terrorism, contains powers to exclude certain persons from Jersey, includes offences of providing financial assistance for terrorism and provides for the investigation of terrorist activities.
    August 31 1996
  • Cyprus
    Since the establishment of the official Cyprus Stock Exchange in March 1996, large financial institutions have launched investment funds whose public offerings were oversubscribed almost by a factor of eight.
    August 31 1996
  • United States
    What is the relationship between a participant in a secured loan and the debtor when the debtor becomes bankrupt? This question has troubled many participants concerned that they may not be able to assert rights in the collateral during the course of the bankruptcy proceeding.
    August 31 1996
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