LATEST ANALYSIS
May 2012
31 May 2012
The Glencore-Xstrata merger represents a $200 million-dollar pay-day for bankers and other advisers at a time when blockbuster deals are few and far between. None, though, have played...
31 May 2012
CGI Group has announced the £1.7 billion all-cash recommended offer for Logica as North Americans snap up another UK technology jewel...
31 May 2012
Last month, Greece quietly announced that it was planning to repay an English law €450 million floating rate note after failing to reach a deal with holdout investors…
31 May 2012
Canadian public issuers, commentators and investors may well be scratching their heads in the wake of several recent developments on the securities front…
31 May 2012
Just days after completing a $52.5 million offering of convertible unsecured subordinated debentures, First Capital Realty has announced a bought deal offering of $100 million…
31 May 2012
Danone will look at assets Nestle may need to sell to get its baby food deal with Pfizer cleared, as the French food group is keen to expand in baby milk in Latin America...
31 May 2012
Equipment finance company Element Financial has agreed to acquire TLS Fleet Management from Scotiabank and the company’s minority shareholders for…
30 May 2012
As law firm Dewey & LeBoeuf embarks on the humbling process of working through bankruptcy, creditors and former partners are bracing themselves for a nasty court battle...
30 May 2012
The "sleepy backwater" of sanctions compliance has "emphatically" changed into a priority for firms and regulators, a seminar has heard...
30 May 2012
Energy companies are facing uncertainties as to the scope of CFTC and FERC jurisdiction over, respectively, industry derivatives activities and related enforcement proceedings...
30 May 2012
Budget cuts in India’s banking, financial services and insurance sector are beginning to bite into local businesses and service providers supporting these financial industries…
29 May 2012
U.S. corporate officers and directors are increasingly concerned over the business and legal challenges their entities face from potential securities enforcement and criminal probes...
29 May 2012
Public companies are increasingly using the Internet to collect proxy votes. But shareholder activists say shortcuts within the most popular U.S. online proxy system give it a pro-management slant...
29 May 2012
U.S. regulators are looking to use their new oversight authority over foreign derivatives trades to reduce the chances of new shocks such as JPMorgan Chase & Co’s trading loss of at least...
29 May 2012
While the United States continues to attract commercial litigation from parties as far away as China, U.S. litigants have begun to look more and more to PRC courts to…
29 May 2012
The Claris Group signaled a return to the much maligned world of collaterialised debt obligations recently with a synthetic €20 billion mortgage-backed CDO…
25 May 2012
The slow market for merger deals is driving big-name investment banks into combat with smaller rivals for business from companies they usually ignore...
25 May 2012
Factoring has long been used as a source of cash capital for companies, but recent Hong Kong case law could create uncertainty for contracting parties in…
25 May 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…
24 May 2012
For many companies, alternative dispute resolution (ADR) mechanisms are the route of choice versus traditional litigation. In part, that reflects the modern business world…
24 May 2012
The UK’s Financial Services Authority (FSA) is gunning for senior executives and their advisers, but questions persist about whether its approach has gone too far and if this tact will...
24 May 2012
In-store media specialist Mood Media has completed a bought deal private placement of 6.8 million common shares at a price of $4.12 per common share…
24 May 2012
Eaton Corporation, an Ohio based electrical manufacturer, has agreed to make a recommended cash and share offer for Cooper Industries…
23 May 2012
Syswin Inc, a real estate service provider in China, has managed to claw its way back into the good graces of a U.S. securities regulator. The company recently disclosed…
23 May 2012
Canadian uranium giant Cameco has agreed to purchase nuclear fuel trader and broker NUKEM Energy GmbH from private equity buyout firm Advent International and…
23 May 2012
The massive losses which resulted from JPMorgan Chase hedging its positions against derivatives has once again cast the spotlight on the Volcker Rule and whether systemically...
22 May 2012
Hong Kong’s SFC commenced a legislative consultation earlier this month to gauge public opinion on new rules for investment banks sponsoring IPOs…
22 May 2012
Under intense pressure from the banking industry, U.S. regulators have already proposed a very generous interpretation of the Volcker Rule prohibition on proprietary trading...
21 May 2012
Proposed regulation in Mongolia threatens to derail a takeover bid between the Aluminum Corporation of China Ltd and Australia’s Ivanhoe Mines…
21 May 2012
Media Corporation plc has announced the £1.53 million cashless acquisition of Intabet Limited, after its shareholders took a dim view on a separate, complex reverse takeover...
18 May 2012
Foreign borrowers could be in for more expensive issuances as well as negative effects on the liquidity of their notes in the aftermath of recent litigation…
18 May 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…
17 May 2012
Collaboration, in its many forms, is one of the key driving forces behind the modern organization, whether in the form of internal knowledge sharing networks…
17 May 2012
This year’s AGM season has seen boardroom bloodletting on a “haemoglobal” scale. Dubbed the “shareholder spring”, heads are rolling and remuneration packages…
17 May 2012
Loyalty program operator Aimia Inc. has filed a prospectus supplement in connection with a $250 million offering of seven year senior secured notes…
16 May 2012
JPMorgan’s disastrous $2 billion hedge loss has raised some thorny issues on management oversight, corporate governance and the effectiveness of…
16 May 2012
The JOBS Act consists of a package of bills intended to make it easier for smaller companies to raise public and private capital in the U.S. financial markets...
16 May 2012
China’s Bank of Communications, the nation’s fifth largest lender, has been given the green light to proceed with plans for private placements in Hong Kong and Shanghai…
16 May 2012
Ottawa’s DragonWave has entered into an agreement to acquire the microwave transport business of Nokia Siemens Networks as part of a broader strategic…
15 May 2012
Corporate executives and boards face big challenges monitoring risk at complex banks like JPMorgan, which was warned by an activist investor group last year that...
15 May 2012
Underwriters, legal counsel and accounting firms advising on initial public offerings in China are squarely under the microscope of the CSRC…
15 May 2012
The FSA has fined Martin Currie Investment Management Limited and Martin Currie Inc £3.5 million for failing to mitigate conflicts of interest between…
15 May 2012
Hit by allegations of embezzlement and accounting fraud, China Forestry Holdings Co, a U.S.-listed logging company in the PRC, continues to flounder on the OTC…
14 May 2012
JPMorgan Chase & Co’s revelation that it had trading losses of at least $2 billion on a failed hedging strategy may have tipped the hand to one way Wall Street executives plan...
14 May 2012
Barely a week goes by where there are not multiple press headlines around established investment banking houses…
11 May 2012
The SEC and the CFTC have begun to issue final rules under Dodd-Frank. Waiting until these rules are finalized to address compliance matters could be costly and unnecessary…
11 May 2012
With traditional sources of funding drying up, Chicago’s Infrastructure Trust is offering innovative solutions to municipal infrastructure needs…
11 May 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…
10 May 2012
CITIC Capital China Access Fund Limited recently subscribed for HKD 232.8 million in convertible bonds issued by China Tianyi Holdings Limited…
10 May 2012
Canada’s federal government is instituting changes intended to improve the governance and oversight of Canada Mortgage and Housing Corp…
10 May 2012
Little-known differences between English and Scottish companies present risks for the unwary. With more and more Scottish companies…
9 May 2012
IAMGOLD Corporation has entered into an agreement to acquire Canadian junior Trelawney Mining and Exploration. The transaction assigns…
9 May 2012
Insurers, banks and other financial institutions in Hong Kong are carefully reviewing their internal controls on money laundering following the recent…
9 May 2012
In a gesture of growing impatience towards foreign securities issuers with corporate governance shortcomings, NASDAQ regulators recently delisted…
8 May 2012
Property and casualty insurer Intact Financial has filed a prospectus supplement with respect to a $226 million offering of subscription receipts intended to fund…
8 May 2012
The UK’s FSA has fined Mitsui Sumitomo Insurance Company (Europe) Ltd £3,345,000 for serious corporate governance failings, as well as…
7 May 2012
Securities laws changed significantly with the JOBS Act, which eases some rules for companies seeking to access the U.S. capital markets but also poses interesting compliance challenges...
7 May 2012
Many of the world's top private equity funds will soon be examined by the U.S. Securities and Exchange Commission, Carlo di Florio, director of OCIE...
4 May 2012
With the leveraged finance market coming back to life, bank regulators want financial institutions to seriously tighten their leveraged portfolios…
4 May 2012
Stockholders are making their discontent heard through say-on-pay votes that have not been flattering to executives…
4 May 2012
China Nutrifruit Group, a health food business headquartered in China’s Heilongjiang Province, is heading towards financial hardship. The company is struggling to cope with compensation claims in connection with…
4 May 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…
3 May 2012
With the healthcare sector self-medicating on M&A, Watson Pharmaceuticals Inc is going generic with one of the largest leveraged buyouts of the year. Snapping up Actavis Group for a mere €4.15 billion…
3 May 2012
The Canadian Securities Administrators recently published two notices intended to improve compliance by public issuers and underwriters…
3 May 2012
The financial crisis has riled Swiss citizens to the point that the Alpine country's reputation for light-touch financial regulation will soon be a thing of the past...
3 May 2012
Sina Corp, China’s leading operator of the immensely popular microblogging service Weibo, has informed investors that it could face…
3 May 2012
Ivanhoe Mines and Rio Tinto have put their differences aside and reached an omnibus agreement regarding a multi-billion dollar funding plan for Ivanhoe’s…
2 May 2012
Businesses stricken by allegations of corporate bribery are scrambling to keep skeptical shareholders and even credit raters from…
1 May 2012
Endeavour Silver has agreed to acquire the El Cubo and Guadalupe y Calvo silver-gold properties in Mexico from AuRico Gold…