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  • The SEC’s new rules on cross-border M&A offers and rights offerings become effective in the New Year.
  • Three UK law firms have completed the rehabilitation of a bank in eastern Europe. Simmons & Simmons, Clifford Chance and Freshfields have all worked on the successful rehabilitation of Latvian bank Rigas Komercbanka, which went into administration in February of this year. The bank reopened for business on October 26 and is now known as First Commercial Bank of Latvia.
  • The EU’s Finality Directive is designed to provide greater legal certainty following the introduction of the euro. Richard Potok of Potok & Co, London, looks at the progress of the implementation of Article 9(2) of the Directive throughout the Union.
  • Securitization, as a sophisticated form of discounting or factoring receivables, gained official recognition in 1991 when the Securities and Exchange Commission (SEC) of the Philippines issued the Rules on Registration and Sale of Asset-Backed Securities. By Rafael A Morales of SyCip Salazar Hernandez & Gatmaitan, Manila
  • The explosion of the high-technology economy and the realization that future business will be conducted online is affecting the strategy of US firms. Rob Mannix reports
  • It's moving the cash flow - stupidBy Frederick L Feldkamp of Foley & Lardner, Chicago
  • On the Formula One securitization, Morgan Stanley developed an innovative structure which allows issuers to combine the benefits of an equity offering and a bond issue. By Rob Mannix
  • Asset-backed and structuring financing By Timothy Ridley, senior partner and Anthony Travers senior partner, Maples and Calder
  • Navigating uncharted waters - taking security interests in US trade marks By Deborah Schavey Ruff of Mayer, Brown & Platt, Chicago
  • Political risk insurance and emerging markets structured securities By Thomas B Siebens and Lonnie S Keene of Milbank, Tweed, Hadley & McCloy