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Changes for Real Estate Funds - February 2011
1 March 2011
Publication
The German Government has passed the draft act on the strengthening of investors' protection and enhancing the efficiency of capital markets (Gesetz zur Stärkung des Anlegerschutzes und Verbesserung der Funktionsfähigkeit des Kapitalmarkts, AnsFuG) and...
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Changes for Real Estate Funds - February 2011
1 March 2011
Publication
The German Government has passed the draft act on the strengthening of investors' protection and enhancing the efficiency of capital markets (Gesetz zur Stärkung des Anlegerschutzes und Verbesserung der Funktionsfähigkeit des Kapitalmarkts, AnsFuG) and...
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Euro area member states take collective action to facilitate sovereign debt restructuring
5 December 2012
Publication
A new agreed form of model collective action clause for euro area member states to adopt (the Model CAC) in respect of their sovereign debt was published by the EFC Sub-Committee on EU Sovereign Debt Markets in March 2012. Following the publication, Germany is...
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Operators of Mortgage REITs Exempted from Requirements for Commodity Pool Operators
10 December 2012
Publication
The Commodity Futures Trading Commission's ("CFTC") Division of Swap Dealer and Intermediary Oversight has issued a no-action letter that exempts an operator of a mortgage REIT ("mREIT") that satisfies certain specified criteria from the requirements applicable...
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CFTC Staff Letter Grants Additional Relief to the Securitization Market
11 December 2012
Publication
On December 7, 2012, the Division of Swap Dealer and Intermediary Oversight (the "Division") of the U.S. Commodity Futures Trading Commission (the "CFTC") issued a letter incrementally expanding the types of securitization vehicles that are...
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Financing in Ukraine
12 September 2012
Publication
Whether lending directly to a Ukrainian borrower, or relying on guarantees or
security from a Ukrainian obligor, there are a number of important Ukrainian law
issues which lenders need to consider. When structuring any deal involving
Ukraine care needs to...
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Clifford Chance advises China Longyuan Power on its US$375 million H share placement
20 December 2012
News
Leading international law firm Clifford Chance has advised China Longyuan Power Group Corporation Limited on its H share placement of 572,100,000 new H Shares at HK$5.08 each raising approximately US$375 million (HK$2.906 billion). UBS AG, Hong Kong Branch and...
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What future for unilateral dispute resolution clauses?
16 October 2012
Publication
It is common practice to insert into contracts unilateral choice-of-court clauses,
granting to one party only the option to refer the dispute to one of several
jurisdictions. Until now, the validity of this type of clauses did not seem
problematic. However,...
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Quel avenir pour les clauses attributives de juridiction asymétriques ?
16 October 2012
Publication
En pratique, il est assez courant d’insérer dans les contrats des clauses attributives de juridiction asymétriques, permettant à l’une des parties seulement de bénéficier d’une option entre plusieurs tribunaux....
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The Eurozone crisis and its impact on the international financial markets
30 May 2012
Publication
How are current events in the Eurozone affecting the international financial markets? What are the likely outcomes ahead and how can market participants prepare for them? Clifford Chance partners from the firm’s sovereign debt rescheduling, regulatory and...