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  • By Fred Pucci and Bruce Whittaker of Blake Dawson Waldron, Sydney and Melbourne
  • While the US has led the world in securitization for many years, the Canadian market has also witnessed rapid growth. Martin Fingerhut of Blake Cassels & Graydon, Toronto, looks at how issuers are using Canada’s legislative framework and reform to exploit new asset classes and increase issuance
  • As the first cross-border merger of stock exchanges in Europe, Euronext and its experiences will inevitably set an important precedent for any future consolidation of Europe’s financial markets. Sandrine Hirsch and Vanessa Marquette of Stibbe Simont Monahan Duhot, Brussels, advised on the Euronext merger and explain both the challenges involved and what still needs to be done
  • Hurdles to employee stock option plansHergüner Bilgen & Özeke, Istanbul
  • The new Argentine law on financial leasingAllende & Brea, Buenos Aires
  • FBC accepts innovative Tier 1 capital instrumentsWenger Vieli Belser
  • Employee stock option plansWierzbowski & Szubielska, Warsaw
  • Corporate divisionsKomatsu, Koma & Nishikawa, Tokyo
  • US Steel, the largest steel-maker in the US, has bought the Slovakian steel group Vychodoslovenske Zeleziarne (VSZ) for $475 million. The deal represents the second-largest acquisition in Slovakia's history.
  • US firm Baker & McKenzie worked hard to overcome local insolvency laws as adviser to the lead arrangers on a recent $410 million project financing in Oman. The financing will be used to build around 1,000 kilometres of gas pipelines.