LATEST ANALYSIS
June 2012
29 Jun 2012
Miners big and small are turning their gaze to the Hong Kong Stock Exchange following recent confirmation that the Asian bourse is purchasing the London Metal Exchange…
29 Jun 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…
29 Jun 2012
Barclays Bank agreed to pay £290 million in fines over its role in manipulating Libor and Euribor rates, and the allegations that could have a much wider reach…
29 Jun 2012
While the wind energy industry is lobbying to renew the federal Production Tax Credit for wind power, as of now developers are putting aside plans for new projects…
29 Jun 2012
Sukuk are labelled as an "alternative" form of financing to conventional bonds; they mirror the economic effect of conventional debt but are in compliance with…
28 Jun 2012
Vancouver’s Fortress Paper has filed a preliminary short-form prospectus in connection with the company’s bought deal offering of $60 million of convertible…
28 Jun 2012
Bond investors are getting worried that ultra-low interest rates may tempt Asian companies to pursue aggressive expansion plans at a time when global economic growth is looking vulnerable...
28 Jun 2012
Minimum share ownership requirements are a critical tool in aligning the interests of directors and executives with those of shareholders…
27 Jun 2012
Intermediate oil and gas company Twin Butte has agreed to acquire Avalon Exploration for total consideration of approximately $88.9 million. Twin Butte will issue…
27 Jun 2012
As Japan Airlines taxies towards its initial public offering in September, the airline will pitch investors on the hard-won cost-cuts and fuel-efficient fleet that helped it emerge from bankruptcy...
26 Jun 2012
FINRA’s new suitability rule expanding customer information requirements and applying them to more transactions is set to go into effect July 9, after delays requested by firms...
26 Jun 2012
Wind and solar farm operator, China WindPower Group Limited, recently disclosed that it had transferred interests in two energy assets to Liaoning Energy…
26 Jun 2012
Europe may have narrowly avoided “Drachmageddon” but it is not out of the woods yet. Spain’s financial position looks precarious and companies around the world…
26 Jun 2012
An uptick in SEC enforcement actions against foreign securities issuers trading on U.S. stock exchanges has drastically slowed listing activity involving…
25 Jun 2012
A U.S.-listed paper products manufacturer in northern China recently agreed to settle a securities class action lawsuit launched by The Rosen Law Firm…
22 Jun 2012
A federal judge's decision that otherwise went against Goldman Sachs Group Inc has made it easier for companies to defeat shareholder claims that litigation threatened by...
22 Jun 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…
22 Jun 2012
Tough capital markets, a savage recession and banks' unwillingness, or inability, to lend cheaply are providing the best chance in years for distressed debt funds focused on snapping up...
22 Jun 2012
Mergers and acquisitions activity fell 25 percent worldwide in the first half of 2012 as global economic uncertainty reined in companies' expansion plans...
21 Jun 2012
The escalation of student “strikes” in Quebec into broad-based events involving hundreds of thousands of protesters is just one example of how social unrest can…
21 Jun 2012
M&A lawyers are looking to bridge the discrepancies between optimistic sellers and pessimistic buyers with contingent value rights…
21 Jun 2012
Given the number of new regulations and regulatory requirements, firms are faced with a growing number of policies and procedures to develop and implement. This often leads to the question, “are we ready for our regulatory exam?"
21 Jun 2012
Talk of a pick-up in private equity deals is back on the agenda after KKR & Co LP sold Alliance Boots to a U.S. pharmacy group, allowing KKR to exit its 2007 leveraged buyout...
21 Jun 2012
Private equity firm H.I.G. Capital appears set to acquire embattled income fund Arctic Glacier. The bid by the firm, submitted under a court-approved sale process…
20 Jun 2012
Four months after disclosing plans to privatize its Hong Kong-listed e-commerce unit, the Alibaba Group Holding Limited delisted Alibaba.com from the Hong Kong Stock…
20 Jun 2012
B2B Trust has agreed to buy AGF Trust from AGF Management Limited for $242 million in cash. B2B, a subsidiary of Laurentian Bank of Canada, will also…
20 Jun 2012
Montreal’s Genivar has announced an all-cash recommended offer to acquire WSP Group PLC, a professional services firm based in London for $442 million…
20 Jun 2012
China Development Bank's presence in a number of high-profile jumbo acquisitions, including Hong Kong Exchanges and Clearing Ltd's purchase of the London Metal Exchange, has met with...
19 Jun 2012
Non-U.S. hedge fund and private equity managers are working under the false assumption that, if they have no U.S. investments and only a handful of American clients, FATCA has no relevance...
19 Jun 2012
KPN may unleash a risky "poison pill" defence to scupper the bid by Mexican tycoon Carlos Slim for more than a quarter of the Dutch telecom operator, if only to buy time for a side deal with...
19 Jun 2012
It is not every day that a company bungles something so badly that it has to turn to a regulator for help to clean up its mess. But that is what the Nasdaq stock market has done with the Financial Industry Regulatory Authority following its blunders in Facebook's $16 billion initial public offering...
19 Jun 2012
China’s Ministry of Commerce, the nation’s main anti-monopoly watchdog has continued to dance to its own tune when it comes to reviewing proposed M&A deals…
18 Jun 2012
Businesses big and small in Hong Kong are being squeezed by ongoing market volatility. Troubled by the European sovereign debt crisis, consumer driven companies such as…
18 Jun 2012
Diageo has gulped down another emerging market acquisition with a minority stake in Hanoi Liquor Joint Stock Company in Vietnam, barely a month after…
15 Jun 2012
While opportunistic issuers step away from the high-yield primary market amid the current volatility, M&A borrowers have had to step in...
15 Jun 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…
14 Jun 2012
With the proxy season winding to an end in Canada, there have been indications of several trends emerging on the say-on-pay front…
14 Jun 2012
With the deadline for the implementation of FATCA looming, many firms remain uncertain about the impact that the new regulations will have. This, in turn, is affecting their ability to prepare...
14 Jun 2012
An institutional investor in Deyu Agriculture Corp is moving to unload some of its shareholdings in the PRC-focused agricultural company…
13 Jun 2012
The Financial Services Authority's (FSA) recent enforcement action against Greenlight/David Einhorn/Alexander Ten-Holter/Andrew Osborne/Caspar Agnew has been the subject...
13 Jun 2012
English courts and UK regulators may have set out to prune the hedge fund industry of a few bad apples, but as fraud and corporate governance failings have been cut back…
13 Jun 2012
National Oilwell Varco, Inc. has agreed to acquire Calgary’s CE Franklin for $12.75 in cash per share, totalling approximately $240 million. The transaction…
13 Jun 2012
Starved of finance from hard-pressed banks, private equity firms in Europe are sounding out yield-hungry pension funds, insurers and sovereign wealth funds as alternative sources of the finance...
12 Jun 2012
Belden Inc. of St. Louis has agreed to make an offer to purchase the outstanding common shares of Miranda Technologies. The all-cash takeover bid is valued…
12 Jun 2012
JPMorgan Chase's failure to timely disclose a major change in how it measured risk could become the centerpiece for an enforcement action by U.S. securities regulators as they probe...
11 Jun 2012
Almost buried among the more publicized parts of the Dodd-Frank Act are the amendments to the Electronic Fund Transfer Act. These amendments require providers of remittance...
8 Jun 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…
8 Jun 2012
Hong Kong capital markets have had a tumultuous month. Unnerved by global economic uncertainty and inklings of a slowdown in neighboring China...
7 Jun 2012
Influential investment bank Mediobanca's position at the heart of Italy's financial world is being challenged by a controversial rescue attempt for troubled insurer Fondiaria-SAI...
7 Jun 2012
Canada’s federal government is introducing a number of changes to the foreign investment review process with a view to encourage investment and spur…
7 Jun 2012
Dundee Real Estate Investment Trust is raising $324 million through an offering of Series A units, the proceeds of which will be used to partially fund…
6 Jun 2012
Calgary-based Pan Orient Energy Corp. has entered into an agreement to sell its 60 percent interest in certain oil-producing Thailand concessions for $178 million…
6 Jun 2012
The European Commission's proposal for a Central Securities Depositories regulation (CSDR) may attract less attention than other initiatives in the legislative pipeline, but it is an important...
6 Jun 2012
In the aftermath of the Facebook IPO, investor outrage - and lawsuits - have focused on "whisper" estimates of future results that underwriters shared only with some clients...
6 Jun 2012
New bank capital requirements designed to prevent a repeat of the 2008 banking crisis are forcing a restructuring of global banking…
6 Jun 2012
Increasing investor skepticism in the accuracy of financial disclosures, combined with ongoing market volatility, is putting a number of Chinese companies in danger of…
5 Jun 2012
On May 20, 2012, Alibaba Group Holding Limited announced its entry into an agreement to repurchase approximately 20% of the company from Yahoo Inc…
4 Jun 2012
Provisions in the new JOBS Act require regulatory rule changes and new controls at broker dealers covering research, solicitations and crowdfunding for small start-up companies. The rules...
4 Jun 2012
The Jumpstart Our Business Startups – or JOBS – Act will make it easier for issuers and their investment bankers to discuss certain pending initial public offerings with potential large...
1 Jun 2012
The collapse of U.S. law firm Dewey & LeBoeuf underscores the importance to financial companies of gaining access to their legal records, ensuring continuity of advice, and safeguarding...
1 Jun 2012
This week’s significant events in M&A, corporate governance, litigation, regulation and corporate finance…