IFLR is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX
Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

April 2018

Main

International Correspondents

Features

Tax Relief

Special Features

News Analysis

Editorial

Sponsored

Sponsored

  • Sponsored by Kirkland & Ellis
    Several countries want to increase national security reviews of foreign buyers, and have set plans in motion to implement investment clearance reforms
  • Sponsored by EY Law
    Their role was redefined during the financial crisis, and now they face the challenges of digital currencies and fintechs
  • Sponsored by Baker McKenzie
    Hong Kong is set to shelve its ban on dual class shares to attract new economy companies. Other exchanges are following suit
  • Sponsored by Orrick Herrington & Sutcliffe
    Diversifying the sources of funding and reducing their dependency on bankers: SMEs can kill two birds with one stone
  • Sponsored by Cuatrecasas
    In July 2017, the Spanish government announced the Extraordinary Road Investment Plan (Plan Extraordinario de Inversión en Carreteras or PIC). This plan involves investing €5 billion ($6.2 billion) to construct 2,000 km of highways over a four-year period (2017 to 2021).
  • Sponsored by Maples Group
    The Irish parliament is debating a bill which, if passed, would regulate the owners of Irish loan portfolios. The proposed legislation – the Consumer Protection (Regulation of Credit Servicing Firms) [Amendment] Bill 2018 (the Bill) is understood to have been triggered by reports of intended loan sales by particular retail banks in Ireland. Since 2015, non-regulated owners of loan portfolios comprising loans to consumers and small and medium-sized enterprises (SMEs) have been required to appoint a regulated credit servicer to manage the portfolio. This was to ensure that consumers and SMEs would continue to enjoy their statutory customer protection even though their creditor was unregulated. Broadly, this ensured consumers and SMEs were in the same position as if facing a regulated retail bank. However, in some political circles this regime has been perceived as providing insufficient protection to borrowers.
  • Sponsored by Ashurst
    Terms for high yield bonds and leveraged loans continue to converge, driven by growing similarity in investor bases, increased market size and liquidity, and more oversight
  • Sponsored by Kirkland & Ellis
    Balancing participation and risk management is key to successfully navigate the complexities of tenders
  • Sponsored by Debevoise & Plimpton
    This traditional German debt instrument is attracting international interest
  • Sponsored by Prager Dreifuss
    There are different forms and treatments of subordination agreements in Swiss insolvency. This article is inspired by the authors’ experience representing the security agent of $1.75 billion bond issue of a Swiss based oil refinery group