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  • The commodity crunch is likely to change sponsors’ investment strategies in oilfield services deals, according to Pinsent Masons' David McEwing
  • In Australia, independent HWL EBSWORTH recruited technology partner Josh Messing from Herbert Smith Freehills. In other news MINTER ELLISON lured away a pair of M&A partners Con Boulougouris and Wissam Abwi from Norton Rose Fulbright.
  • After Italy's long-awaited plan for resolving its chronic non-performing loan (NPL) problem was made public in January, the too-big-to-fail debate has firmly regained its place in the spotlight – if it ever went away in the first place.
  • Lorraine Tyson Jolina Cuaresma GREENBERG TRAURIG had a busy month in the US, hiring investment fund and advisory of counsel Christopher McHugh from the SEC in Washington, DC alongside corporate and securities specialist Christopher Machera from Goldman Sachs in New York. The firm also hired corporate and project finance partners Michael Robson (Chapman & Cutler) and Lorraine Tyson (Pugh Jones & Johnson) in Chicago.
  • Ratings and taking credit risk face a similar dilemma
  • The EU's long-overdue investigation into closet tracking is tipped to force brighter-lines between asset management strategies, and could prompt the closure of more active funds.
  • The Federal Reserve Board has proposed a rule on single counterparty credit limits (SCCL) of large banking organisations. While it broadly follows the Basel Committee's international large exposure framework, there are key differences within the text.
  • Tomasz Braun Edward Smith MAYER BROWN has been among the more active firms in the UK recently, adding finance partner Kieron Dwyer from the newly merged Gowling WLG, where he was partner and head of international energy and natural resources. The US firm also added Financial Conduct Authority lawyer Guy Wilkes from the regulator's enforcement and market oversight division.
  • In a recently published (final) decision of December 2015, the administrative court of the Canton of Zurich decided on the arm’s length interest rate on up-stream loans granted to a parent company in a cash-pooling system
  • Sponsored by Allen & Overy
    Allen & Overy's Andrew Denny, Morgan Krone and Oliver Rule explain how trustees should prepare to step in when bondholder disputes arise over defaults or restructures