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Pedro Cortés Calvin Chui Even as 2015 was winding down and coming to an end, the government of the Macau Special Administrative Region was busy putting together a robust draft law to amend various aspects of the legal framework for lease agreements. At present, the rules set out in the Macau Civil Code (1999) govern lease agreements.

John Breslin In Ireland activity continues to increase in the commercial lending, structured and aviation finance markets. The general consensus is that Ireland is firmly in recovery mode. However, recent comments by George Osborne, the UK Chancellor of the Exchequer, warning of the potential impact of global risks to the UK economy merit close attention. These risks include the decline in commodity prices, developments in Asian economies including China, and the potential impact on the world economy of increases in interest rates. In addition, the outcome of a referendum in the UK to decide whether the UK will remain part of a reformed European Union is expected to have a significant impact on the Irish economy.

Benedicto P. Panigbatan 'Land to the landless!' is a popular battle cry in the Philippines where agriculture is the mainstay of the economy. Accordingly, the Philippines has long embarked on what is known as the Comprehensive Agrarian Reform Programme (CARP) to distribute land to landless farmers. CARP found impetus when Republic Act No. 6657 (R.A. 6657) was enacted and, subsequently, when Republic Act No. 9700 (R.A. 9700) amended it to extend the timeline for land acquisition and distribution.

The lighter side of the past month in the world of financial law

In a more LP-centric world, European carry has become the industry benchmark for all funds. Augentius's Brendan Tyne outlines why

Beijing’s latest attempt at propping up the country’s plummeting stock markets lasted just seven days. Here's how it played out

Akin Gump’s Christopher Leonard and Chris Poon outline why European legislators’ desire for reform has outpaced their ability to implement rules

The Basel Committee's framework has led to further liquidity fears among lawyers in the US

Here are the highlights from last week's IFLR Indian Capital Markets forum in Mumbai

Higher demand and fewer deals will dictate deal trends across the region this year