The debate surrounding the usefulness of portability clauses in European high-yield continues, with one in-house counsel at IFLR’s Capital Markets Forum insisting it has no place in emerging market corporate-led deals
Sellers in European M&A deals took on less risk in 2014 as the region saw a major uplift in M&A deal value, according to a study by CMS Cameron McKenna
The UK Financial Conduct Authority's (FCA) review of structured product governance has criticised the ways in which the instruments are developed and sold, warning that binding rules may be necessary.
Opposition to white lists is growing as the rise of cov-lite deals exposes investors further to the practice. But the feature is expected to linger until deal volumes start outweighing demand
The regulator's review of structured product governance has criticised the ways in which the instruments are developed and sold. But blame may not lie squarely with the industry
The regulator's chief executive has called on lawyers to engage in the moral debate over foreign exchange manipulation rather than focus on bright lines
The International Capital Market Association (ICMA) has given another boost to pan-European private placements (PEPP) by publishing a market guide. But obstacles to the market's development remain, in the form of Solvency II capital charges across Europe.
The UK government’s plans to prohibit the use of cancellation schemes on takeovers is expected to lead to an increase in transfer schemes in the country
Companies seeking merger approval from the new UK Competition and Markets Authority must prepare for a time-consuming process, with early involvement from competition counsel
