News & Analysis as of October 19, 2024

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

English High Court Enforces Asymmetric Jurisdiction Clause in a Syndicated Loan Facility Agreement

McDermott Will & Emery on 8/19/2024

On 24 May 2024, the English High Court granted final injunctive relief to Barclays Bank Plc (Barclays), both in the form of an anti-suit injunction and an anti-enforcement injunction, arising out of a syndicated loan...more

UAE looks to sustainable finance to boost transition

A&O Shearman on 11/28/2023

There is a growing awareness and demand in the UAE for sustainable investment opportunities. To meet this demand, Jodi Norman and Will Tunstall-Prince explain how recent reforms are now putting sustainable finance at the...more

Slovak FDI regime: what does it mean for your M&A and banking deals?

A&O Shearman on 10/20/2023

The Slovak FDI regime applies from 1 March 2023. What are the first impressions? The FDI Act dramatically expands the powers of certain Slovak authorities to scrutinise investments from the perspective of national security...more

Sector trends - September 2023: Brokers/Corporate Finance

White & Case LLP on 9/21/2023

Pan-European banks, including Mediobanca and Deutsche Bank, seek senior dealmaker bench strength through high profile acquisitions....more

Sector trends - July 2022: Payments

White & Case LLP on 7/28/2022

UK & European Financial Services M&A: Sector trends H2 2021 | H1 2022 — Payments - Investor appetite is at an all-time high—while VC investors back growing service providers, PE investors supercharge IPO glide paths and...more

Financial institutions M&A: Specialty Finance/Marketplace Lending

White & Case LLP on 9/29/2021

Financial institutions M&A sector trends: specialty finance/marketplace lending — H1 2021 and outlook for H2 2021 - M&A levels dipped in H1 2021. Whilst institutional banks backed trade and B2B finance platforms and VC...more

The EU Taxonomy: the answer to the question "what is green?"

White & Case LLP on 8/20/2020

The EU Taxonomy Regulation has now entered into force – a long awaited milestone in the sustainable finance market. The EU Taxonomy is a classification tool aimed at investors, companies and financial institutions to define...more

SIDRU Judgment: Hedging Transaction Not Rendered Speculative Even if It Exposes Party to Unlimited Risk

Jones Day on 9/28/2018

The Context: In the wake of the Saint-Leu-la-Forêt decision of May 28, 2018, France's Court of Cassation issued an important decision on structured swaps concerning legal actions brought by public authorities against banks...more

ESMA Fines Five Banks for Negligently Issuing Credit Ratings

Jones Day on 8/24/2018

The Situation: The European Securities and Markets Authority ("ESMA") has fined several banks for negligently issuing credit ratings on a professional basis without obtaining the necessary authorization to be a credit rating...more

EU Risk Retention Undertakings in U.S. General Equipment ABS: Evolving Market Practice

Vedder Price on 8/23/2018

For companies seeking to finance general equipment assets via asset backed securitization (ABS) instruments, risk retention has become an important consideration. In response to the latest financial crisis, both the U.S. and...more

In Principle: 10 Things Authorised Firms Need to Know for 2018 – The World of Financial Regulation as the UK Prepares to Exit the...

Akin Gump Strauss Hauer & Feld LLP on 1/25/2018

There is much for authorised firms to consider in the year ahead. Firms have been through the intensive period of the enactment of the second Markets in Financial Instruments Directive (MiFID II), but must now step up their...more