Although individual states in the United States have laws that govern the relationship between debtors and their creditors, insolvency law in the United States is primarily dictated by ...

The SEC may soon adopt Regulation SCI, which it proposed in March 2013 in the wake of several high-profile systems problems in the securities markets. In a recent guest commentary in Trad...

It has been several years since the financial crisis, and now banks seeking acquisitions know that they need to have high levels of capital, strong management teams and good asset quality...

2013 was another landmark year for the United States Department of Justice’s Antitrust Division. Despite severe budgetary restrictions, hiring freezes, and a 16-day government shutdown,...

Syndicated term loans continue to adopt selected features traditionally found in high yield bonds. The implications of this trend and the related risks are important to the credit decisio...

Interested parties in the largest and most complex bankruptcy cases are increasingly turning to mediation as a means of reaching consensual plan terms, in addition to more targeted mediat...

The Chinese government has substantially beefed up its anti-corruption enforcement in recent years, resulting in arrests and trials of high-level state officials and prominent executives ...

Despite pressure on US public companies to adopt certain governance practices, a review of the largest initial public offerings (in terms of deal size) show that newly public companies co...

Corporate governance remains a hot topic worldwide this year, but for different reasons in different regions. In the United States, this year could be characterised as largely ‘business...

In a recent guest commentary in Risk Magazine (subscription required), Annette Nazareth and Jeff Dinwoodie of Davis Polk’s Financial Institutions Group discuss several key questions con...