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Elias Neocleous and Maria Kyriacou of Andreas Neocleous & Co explain why Cyprus’s corporate insolvency regime may, despite its age, offer an attractive legal framework for restructuring

Some innovative reforms have created new possibilities – and flexibility – for Italian companies in distress. Chiomenti Studio Legale’s Carmelo Raimondo and Marco Pagani disucss the new rules for pre-insolvency creditor arrangements

Daniel Futej and Daniel Grigel explain the practicalities of bankruptcy and restructuring in Slovakia

Jeff Legault Margarita Oliva Sainz de Aja William Sturman In a sign of the region's growing attractiveness to foreign investors, lenders, and sponsors, corporate law firms are eagerly snatching up partners with experience in Latin America. CHADBOURNE & PARKE has recently expanded its Latin America banking and finance practice by hiring Margarita Oliva Sainz de Aja to work out of the firm's New York, Mexico City, and Sao Paulo offices. Sainz, who was previously with Allen & Overy, will apply her cross-border corporate finance and capital markets experience in this multi-jurisdictional role. Just days before Oliva's hiring, JONES DAY announced that it had recruited Alberto de la Parra, who had spent five years as an in-house counsel of Mexican mining and infrastructure giant Grupo Mexico. De la Parra now works as a partner in Jones Day's Mexico City office, putting to use his broad experience with power plant, wind farm, airport, infrastructure, and other project financings.

Frank Sun, Kirkland & Ellis BAKER & MCKENZIE made a significant hire within its Greater China practice last month with the addition of Lance Chen who will head up the US Security Practice Group in Hong Kong and China. Chen had been at ICBC International Capital before rejoining the firm he had worked at between 2000-2004. Elsewhere, KIRKLAND & ELLIS looked to fellow US firm Paul Weiss to bolster its M&A team in Hong Kong, hiring partner Frank Sun who has experience in both M&A and private equity. Sun had previously worked at Kirkland as an associate between 2007-8.

Anita Krizmanic, Ivana Manovelo and Jelena Zjacic of Macesic & Partners explore Croatia’s evolving framework for dealing with struggling companies

The first Iraq Stock Exchange listing since 2003 is expected to transform the frontier exchange

China’s OTC equities markets are kicking off. A selling point is that they will help clear a PE exit gridlock, but more development is needed before they’re an option

Reg AB II and clashes over CEO certification were highlights from ASF 2013

New beneficial ownership and information disclosure rules affect eurobond and other financing structures in Russia