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Many stores stayed open, despite the company’s bankruptcy RadioShack's global asset sale has demonstrated how a retail business can maintain operations throughout a bankruptcy process and avoid total liquidation. The US electronics company has sold the bulk of its assets, including stores and franchise agreements, and entered into a transitional agreement with the main acquirer General Wireless. On June 25, RadioShack representatives announced that the company had reached an agreement to liquidate its few remaining holdings.

The European Commission's (EC) merger control enforcement rate is double that of the US and China, according to a recent report.

Richard Levin Amy Leder The start of summer has been a time of change in the competitive offshore legal market. In the Cayman Islands, HARNEYS announced that Ian Gobin, a partner and former head of the investment funds practice at Appleby, will be moving over to the firm along with Matthew Taber and Jonathan Bernstein, who have worked with him as counsel and senior associate, respectively. Harneys made another major gain in the British Virgin Islands with the addition of offshore investments specialist Greg Boyd from Carey Olsen. In the US, SIDLEY AUSTIN has been expanding. In May, the firm opened its second Los Angeles office, in Century City. The firm appointed Daniel Clivner, head of Simpson Thacher & Bartlett's LA practice since 1998, as co-managing partner of the new office. Clivner is joined by Matthew Thompson, former M&A partner at Stroock & Stroock & Lavan, and real-estate specialist Joel Rothstein from Paul Hastings.

Sylvain Dhennin Celia Gardiner Graeme Sloan James Wood

The city-state's new bail-in regime contains an exemption of senior notes that could set a precedent for the rest of the region

Pieced together, recent initiatives reveal RMB’s internationalisation Banks and corporates must quickly adjust to the continuing internationalisation of the renminbi – including the need for hedging strategies – according to speakers at the release of a report on the currency. Announcements over the past few weeks have highlighted the pace of reform. This includes the introduction of mutual recognition of mainland China and Hong Kong funds, the opening of the China International Payments System (CIPS) by end-2015, and MSCI and Vanguard's decision to include A-shares in their respective indices.

Following Fried Frank Harris Shriver & Jacobson's decision to withdraw from Asia, firms have taken the opportunity to look at the firm's partnership. K&L GATES is the latest, bringing on board Carolyn Sng, one of Fried Frank's last two Asia-based partners.

The increasing number of data breaches has led to the growing promise of regulation. But national authorities need a benchmark

Conversion of an out-of-the-money interest rate hedge into a super senior swap term loan sets a significant precedent for distressed securitisation

The lighter side of the past month in the world of financial law