This article provides an overview of the proposed crowdfunding exemption, focusing on the obligations under the proposed Securities and Exchange Commission rules applicable to crowdfundin...

Responding to a perceived gap in the regulatory framework, as well as losses experienced by certain municipalities during the financial crisis, Congress adopted as part of the Dodd-Frank ...

As restructurings become increasingly cross border, Chapter 15 recognitions of foreign proceedings have become increasingly common. Although not sought in most Chapter 15 cases (and succe...

Recent merger enforcement suggests that the U.S. antitrust authorities have engaged in detailed re-examinations of market definition in a number of industries in which the historical defi...

The third edition of A Practitioner’s Guide to the Regulation of Investment Banking, a guide to the regulation of investment banking activities in the UK, European and international con...

Bond indentures and credit agreements often contain “make-whole” provisions, which require issuers and borrowers to pay premiums if they redeem bonds or prepay loans before maturity. ...

The way in which the UK financial services industry is regulated underwent a significant restructuring in 2013 with the adoption of a ‘twin peaks’ system of regulation and supervision.

In negotiating debt covenants, lenders should avoid several common reclassification traps. Some are bargained for, others may be accidental. A few recent precedents reflect that in this a...

Through various affiliated entities, large financial institutions may have multiple touch points to a company client or multiple roles in a complex financial transaction. For example, one...