International Financial Law Review

Issue: XXII, 11

http://www.lawmoney.com

Europe

• Italian corporate law clears path for whole-business deals James Gerard and Arturo Meglio report on Italy's latest step to make securitizations easier  49 - 50
  Gerard, James
  Meglio, Arturo

Comment

• Why blaming Cesr won't help Europe's issuers A constructive approach from lobbyists might have secured a more favourable outcome on recent EU legislation  25 - 25
  Hurstel, Daniel

Cover Story

• How Enron is changing structured finance Banks are re-examining their structured lending after Enron enforcement actions that show regulators will take an unforgiving line. Chris Groobey reports on what they should look for  26 - 29
  Groobey, Chris

Europe

• Buying non-performing loans in Germany Jürgen Börst provides advice for first time investors in the country's burgeoning market for distressed debt  56 - 57
  Börst, Jürgen

International

• In a case against Credit Suisse First Boston, Nomura used the UK's Part 8 procedure to secure a quick win  36 - 38
  Sparrow, Edward
  Cash, Brendan

• Korean Air Lines securitizes future yen ticket receivables Neil Campbell and Norifusa Hashimoto explain how Japan's first deal backed by airline ticket sales will work  16 - 17
  Campbell, Neil
  Hashimoto, Norifusa

Asia

• What Asia should do to boost debt issuance Paul Lejot, Douglas Arner and Mylene Chan set down nine reforms that, they say, regional governments should implement  43 - 44
  Chan, Mylene
  Arner, Douglas
  Lejot, Paul

• Why raters changed their view about Czech securitization On the Home Credit Finance deal lawyers were able to coax a u-turn out of rating agencies  14 - 15
  Lewis, Christopher
  van Berkum, Harm
  Otruba, Tomas

Interview

• Guardian of the London market Ken Rushton, director of listing at the Financial Services Authority, tells IFLR about his plans to shake-up the UK regime  39 - 41
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Europe

• British Energy: how government ministers held creditors in check A firm hand from members of the UK government was crucial to a successful workout  45 - 46
  Barraclough, Emma

International

• What investor demands mean for Eurobond covenants Bondholders have joined together to push for tougher pledges in Euromarket documents. Rob Mannix finds out whether issuers will oblige  33 - 35
  Mannix, Rob

News

• - New York Stock Exchange acts against specialist firms as self regulation is questioned - Russia finalizes mortgage-backed securities law - Corporate bond issues mark new era for Hong Kong retail market  6 - 9
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Iosco Conference Report

• - Regulators chart course for disclosure crackdown - Tightening the net on cross-border fraudsters - Vox pop: The biggest challenge facing securities watchdogs  20 - 24
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Asia

• India restores tax savings for investors Foreigners can again invest through Mauritius without fear of tax dodging charges  54 - 55
  Parekh, Sandeep

Americas

• SEC plans close watch on hedge funds New proposals could prove burdensome  51 - 53
  Riley, David
  Hobbs, Bill

International Briefings

• India - Fraudulent trade practices in the securities market Italy - Italian banking foundations: recent changes Japan - Dematerialized shares The Netherlands - Financial supervision legislation Sweden - New rules on right to priority  58 - 60
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Asia

• Danareksa judgment alerts foreign lenders in Indonesia A recent case shows the value of arbitration clauses for overseas lenders  47 - 48
  Savage, John

The Month in a Minute

• The Month in a Minute  4 - 5
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Cutting Edge

• - White & Case acts on first Kazakhstan securitization - Freshfields cheers World Cup bond - A&O advises on Hungarian bank privatization  10 - 13
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• Malaysian restructuring pioneers use of novel convertibles The MBf workout combined the terms of an international and a Malaysian scheme of arrangement  18 - 18
  Cohen, Evan
  Ladwa, Bobby

International

• Is this the end for the global share? Five years after its debut, it looks like the global share has failed. Megan Murphy asks why  30 - 32
  Murphy, Megan