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Fondazione Enasarco v Lehman Brothers Finance is an important decision in the context of characterising which claims will fall as insolvency-derived claims.
An order has been upheld against two defendants for failing to produce adequate disclosure, resulting in judgment being entered against both for more than $7m.
Where parties to a contract wish to exclude claims for damages under s50 Sale of Goods Act 1979, said contract must contain clear and specific wording to that effect.
A recent court decision has demonstrated that if a party can establish that information is truly confidential, then it is likely to benefit from wide protection.
Allen & Overy in Luxembourg has announced the launch of its international desk in London.
Allen & Overy has advised Deutsche Bank, Crédit Agricole Corporate and Investment Bank and Société Générale as mandated lead arrangers on two murabaha facilities for Mobily.
With the World Cup only three months away, employers need to consider the impact that a four-week international football event may have on the workplace.
Allen & Overy has updated its Access Assist iPad app: a free Q&A tool supported by targeted summaries of applicable law, legislation, case law and guidance.
Practically every aspect of financial law is regulated and controlled to the highest degree. Not so state insolvency.
The purpose of this paper is to examine the impact of a sovereign state restructuring on credit default swaps.
The pari passu clause typically provides that the bond debt will rank pari passu with other debt or, in the case of sovereigns, other external debt.
This paper explores how the Greek debt reorganisation of 2012 changed the rules of sovereign insolvency.
Shadow banking is an incredibly complex and complicated subject that regulators themselves still do not know how to tackle.
This paper is a summary checklist of the state of the art about contingency planning for a euro break-up.
This briefing reviews the role of the euro in the context of the formation and break-up of currency unions.
Cyprus is a tiny economy but the treatment of its financial problems by the eurozone could have symbolic and far-reaching consequences.
Barack Obama has signed an executive order authorising targeted sanctions against persons determined to be contributing to the ongoing situation in Ukraine.
This note contains a brief commentary on some of the main legal terms in international debt issues of or guaranteed by Ukraine.
Allen & Overy has hired Karan Dinamani as a partner in its London corporate group. The appointment underlines the firm’s commitment to growing its private equity practice.