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As European high yield issuance continues to soared in the first half of 2011, it proved to be a very busy and successful period for the Clifford Chance leveraged finance team, closing several high yield transactions in the last few months. The most recent ONO...

Leading international law firm Clifford Chance has today announced that Fabio Diminich has joined the firm's growing European high-yield practice as a partner. Fabio will continue to be based in London, and becomes the sixth partner with high-yield expertise in...

The Czech Act on Bonds No. 190/2004 Coll. has been amended several times during its llifetime. These amendments have usually entailed the modification of very specific issues. The latest amendment to the Act on Bonds was published in the Czech Collection of Laws...

Mark Twain once said, “Never allow someone to be your priority while allowing yourself to be their option”. He had a point. Why commit to someone who’s sometimes there and sometimes not? Unfortunately for many business owners, particularly in...

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...

On 18 December 2012, the State Duma (the lower chamber of the Russian parliament) adopted in the final, third, reading the first set of amendments to the Civil Code of the Russian Federation. The adopted amendments represent only a small part of the amendments...

On 18 December 2012, the State Duma (the lower chamber of the Russian parliament) adopted in the final, third, reading the first set of amendments to the Civil Code of the Russian Federation. The adopted amendments represent only a small part of the amendments...

Limitation of the deductibility of financial expenses.   Abolition of the free depreciation incentive for large companies.   Partial exemption regarding the transfer of stakes held by nonresident entities.   Limitation on...

Limitación de la deducibilidad de gastos financieros.   Eliminación del incentivo de libertad de amortización para grandes empresas.   Exención parcial en la transmisión de participaciones de entidades...

The Eurozone crisis continues to dominate the global economic landscape. What once was unthinkable – a discussion about the possibility of a Eurozone member departing from the currency union – has now been touched on publicly by leaders of European...