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  • In previous decades, economic policymakers were either coxswains or rowers. In the case of the former, they'd sit at the back, keeping an eye on where the team is heading. The latter simply row with strength.
  • Henry Wang David Stammers Cécile Baume In Australia DLA PIPER appointed two new finance and projects partners – Alex Regan from Corrs Chambers Westgarth and Simon Huxley from Allen & Overy – to its Sydney office. NORTON ROSE FULBRIGHT meanwhile hired insurance partner Samantha Kelly from DLA Piper.
  • Bob Penn A new boutique was launched in Austria in May. Specialising in financial and corporate work, real estate and disputes, A20 was established by Marie-Agnes Arlt, Martin Oppitz, and Hermann Ortner. The former two joined from Grohs Hofer, and the latter moved from Kunz Schima Wallentin (KSW). All three founders were partners at their previous firms.
  • Should distressed debtors cutback on their favourite past-time? A series of recent cases suggest the use of English law schemes of arrangement (SOA) by foreign companies could be at risk.
  • The idyllic Mediterranean island is modernising financially
  • Foreign investors are worried about a lack of legal recourse following a bond default in China. That was a key message from speakers at ASIFMA's China Capital Markets Conference in late April.
  • The Securities and Exchange Commission (SEC) turned its attentions to private equity (PE) in 2012 and introduced the need for funds to register. Four years on, counsel are still considering the impact of the changes, and PE funds themselves are learning to live with increased scrutiny.
  • The current economic downturn has caused many Brazilian companies to file for judicial reorganisation in local courts (a procedure similar to Chapter 11 of the US Bankruptcy Code)
  • A recent English court ruling serves important lessons for how to draft junior creditor rights regarding the miscalculation of interest due
  • On February 26 2016, the State Bank of Vietnam (SBV) issued Circular 03/2016/TT-NHNN, which provides guidance to enterprises on foreign exchange management for borrowing and repaying foreign loans (Circular 03)