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Financing for the largest ever Chinese investment into the UK, nuclear power station Hinkley Point C, has successfully closed. The power station is also Europe's biggest infrastructure project.

Alicia Videon Nadim Khan Aian Abbas Shaun Lascelles

Many economic groups have been filing for judicial reorganisation in Brazil, a process similar to chapter 11 of the US Bankruptcy Code. In certain cases, local courts have claimed jurisdiction over foreign entities filing for judicial reorganisation in Brazil, even though Brazilian law does not have any cross-border insolvency rules. Well-known judicial restructuring cases such as OGX, OAS and Schahin have helped develop case law on Brazil accepting the judicial reorganisation of foreign entities. Yet, in a recent case, the court denied such a request and re-opened discussions.

The impact of the 2014 reforms to the country’s outdated bankruptcy framework has been called into question by recent court decisions

Takeshi Orihara On July 17 2015, the Act partially revising the Trade and Investment Insurance Act was promulgated. It will enter into force on April 1 2017. The Act sets out the organisation of Nippon Export and Investment Insurance (NEXI), the Japanese export credit agency, and the rules of trade and investment insurance.

João Nuno Riquito Rui Filipe Oliveira The significant economic growth that Macau has witnessed since 2002 with the liberalisation of the gaming industry has put significant pressure on the real estate market. Macau is one of the most densely populated cities in the world, meaning that multi-storey buildings with independent units make up the bulk of its property stock.

Petrobras, the Brazilian state-owned energy company, is selling gas pipeline networks in a landmark deal. Local lawyers who worked on the $5.2 billion transaction see it as a sea-change in the country's energy market.

Monica Arora Carl Frischling Following an August lull, September saw the return of lateral movement between leading US firms.

Shareholder loans which are converted into equity can be risky for both the funded subsidiary and the shareholders. Turkish law provides one illustration

John Breslin Ireland's corporate rescue legislation (now contained in the Companies Act 2014) is analogous to the US chapter 11 process. It provides up to 100 days of breathing space for an insolvent company which has a viable enterprise to see whether it can put in place a restructuring plan. An independent officer (the examiner) is appointed to examine the company's affairs and, if possible, put in place a restructuring plan. During this period the company cannot be wound up, security granted by it cannot be enforced and it is immune from legal process. Except in exceptional circumstances, the examiner does not take over the management of the company. Therefore, (as in chapter 11) it is a debtor in possession process. If the examiner can put a restructuring plan in place, this is subject to a pro-restructuring voting regime, with the ability to cram down unsecured creditor claims.