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Slovak Republic: Litigation reforms

Radka Sláviková Geržová Martin Ilavský The new Code of Civil Contentious Procedure entered into force on July 1 2016. It aims to speed up the litigation process. Previously, cases would often drag on for several years because the parties to the dispute had submitted their allegations and offered evidence to the court in small bits at a time. This may have been for tactical reasons, or because the facts and evidence did not arise all at once.

September 26 2016

Testing times ahead for UK derivatives trading

Brexit could impact bespoke derivatives trading documentation. And the possibility of dual compliance requirements will further add to transaction costs

IFLR Correspondent, September 26 2016

Deal of the month: Poland looks east

The nation is the first European entity to tap the third-largest bond market in the world, setting the benchmark for others to follow

September 26 2016

Europe Middle East and Africa

Guilain Hyppolyte Sonya Paul Ben Davis The Baltics has seen the creation of its latest alliance. Aivar Pilv in Estonia, Fogels Vītols & Paipa in Latvia and Balčiūnas & Grajauskas in Lithuania will rebrand as the LEADELL group of firms, known as Leadell Pilv in Estonia, Leadell Fogels Vitols & Paipa in Latvia and as Leadell Balčiūnas & Grajauskas in Lithuania.

September 26 2016

How Asian OTC clearing regimes compare

In the second part of a three-part series, a senior lawyer at a US investment bank analyses divergent regimes in Hong Kong and Singapore

IFLR Correspondent, September 26 2016

Asia: Footloose and debt-free

After months of speculation and indecision, China's State Council finally gave on July 18 its official backing for the planned revival of the debt-to-equity swap initiative which was last used in 1999. This was followed by a new document issued by the Council on August 22 urging non-financial enterprises, such as suppliers, to swap their accounts receivable for equity in their indebted clients.

September 26 2016

Editorial: A question of class

Anheuser-Busch InBev landmark £79 billion takeover of UK rival SAB Miller could face some interesting times ahead, after the UK High Court ruled that two of the target's main shareholders had to be classed separately when voting on a scheme.

September 26 2016

Americas

Keith Noreika The past month witnessed a bit of a slowdown in terms of lateral moves in the US. In contrast to the previous two months, there were no multi-partner jumps from one firm to another, and fewer partner moves overall.

September 26 2016

Reviving EU project bonds

Credit enhancement initiatives are restoring investor confidence, and helping boost infrastructure projects

September 26 2016

Cyprus: Client identity checks

Elias Neocleous In June 2016 the Cyprus Securities and Exchange Commission (CySEC) issued circular 143, which clarifies the effect of recent amendments to article 62 of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007. Article 62 sets out the requirements regarding verifying the identity of clients and beneficial owners.

September 26 2016

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