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  • Subordination agreements are frequently used in financing operations as a way to allow the debtor to obtain a subordinated financing from a junior creditor (usually a related party) without deteriorating the senior creditors' position
  • The Commercial Companies Law 11 of 2015 (New Companies Law) received Emiri assent on June 16 2015 and will replace Law 5 of 2002 (Old Companies Law) 30 days after its publication in the official gazette
  • The most extensive amendment to the Copyright Act, adopted due to the ever-expanding use of information technologies, is to enter into force in January 2016
  • An innovative deal has connected real-estate investment trusts to public funds for the first time. But there are structural challenges to the asset class fully taking off
  • The country’s petroleum industry is struggling under burdensome regulation, corruption allegations and depressed prices. Despite opposition, market conditions could force reforms
  • There's been much speculation over how to deal with a struggling lender from the country. Gerry Kounadis of the Greek National Resolution Authority explains what is – and isn’t – legally possible
  • Ringfencing proposals face an uncertain future. Morrison & Foerster's Jeremy Jennings-Mares explains why
  • In 2007, Vietnam pledged to the WTO (World Trade Organization) to gradually allow companies from other WTO member countries to open their branches in Vietnam
  • In April 2013, the Act Governing Private Sector Participation in the Operation of State Activities (2013) was published
  • On July 22, Martin Wheatley, outgoing chief of the Financial Conduct Authority (FCA), declared that conduct was at the top of UK bank agendas. Over the following weeks, it's become increasingly clear that Wheatley's statement rings true for a much broader range of market participants.