United States

As transatlantic transactions increase, so do their complexity. This US special report looks to the lessons that can be learnt from the current attempts to reduce attorney-client privilege and the Securities and Exchange Commission’s proposal to allow foreign issuers the ability to avoid the burdens of Sarbanes-Oxley by deregistering in the US. It also examines whether Europe should follow in the US’s footsteps and enable victims of terrorism the legal avenue to pursue compensation for the injustices they have suffered.