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Daniel Agbor and Joseph Eimunjeze of Udo Udoma & Belo-Osagie dissect the growing trend for eurobond issuance in the country

The country is gearing up for new regulation and products that will make the jurisdiction more attractive and easier to operate in. Philippi Prietocarrizosa & Uría's Juan Fernando Gaviria and Carolina Duque explain how

BLP's Adriana Castro and Adelina Villalobos explain why the presence of the country's free trade zone since 1980 has helped to make it one of the most desirable capital destinations in the region

Indonesia has tremendous potential, but has traditionally been held back by poor infrastructure and graft, as Wayne Palmer of CLSA Capital Partners explains

Despite political risk and lingering corporate governance issues Nigeria is fast becoming a highly lucrative investment destination, according to James Wilson

You are a small to mid-size bank and you have learned you are the target of a probe by US regulators. Baker & McKenzie's Marnin Michaels, George Clarke and Doug Tween explain what should you do

Class-action lawsuits are thought to be an important aspect of investor protection. Syren Johnstone, adjunct associate professor at Hong Kong University, explains why the SFC’s powers may be a meaningful alternative

The European Commission’s revised Regulation on Insolvency has been finalised. But Linklaters' Jo Windsor and Richard Hodgson query how effective the changes will be

A recent tax case out of the Fifth Circuit approved a taxpayer's strategy to make the best of a bad investment. According to the facts of Pilgrim's Pride v Commissioner, the taxpayer purchased preferred stock from two corporations (Issuers) for a total of $98.6 million in 1999. By 2004, the stock had declined significantly in value and the Issuers offered to buy back the stock for $20 million. The taxpayer determined that the best course of action was to abandon the stock for no consideration because a $98.6 million ordinary abandonment loss would generate tax savings more valuable than the $20 million offered by the Issuers. Accordingly, the taxpayer surrendered the stock to the Issuers, terminating its ownership rights with respect to the Issuers. The taxpayer then claimed an ordinary loss of $98.6 million. The Internal Revenue Service (IRS) disagreed with the character of the loss, arguing that the abandonment should be treated as a sale or exchange, resulting in a capital loss (subject to limitation), rather than an ordinary loss.

US term loan B-style loans are spreading globally. Linklaters' Danelle Le Cren and Jeff Norton explain why before borrowers and lenders hop on board, they should consider the legal precedents in their local market