According to statements made by a number of market observers and regulators, over 700 unsponsored American Depositary Receipt (“ADR”) programs have been established in the weeks follo...

In the last several years, there have been a number of situations where issuers have failed to file reports with the SEC on a timely basis and bondholders alleged that such failure violat...

Recently, Senators Harkin and Collins separately proposed bills covering OTC derivatives, clearing of credit default swaps and regulatory restructuring, to be presented to the lame duck C...

On November 21, 2008, the FDIC released the Final Rule for its Temporary Liquidity Guarantee Program (the TLG Program), which guarantees certain senior unsecured debt issued by eligible b...

The New York State Department of Insurance will delay indefinitely its previously outlined plan to regulate credit default swaps, while remaining on active surveillance of the various fed...

While the current economic slowdown and credit crunch have limited refinancing options for companies that have previously issued debt securities, the recent decline in secondary market pr...

The FDIC’s Temporary Liquidity Guarantee Program (the TLG Program), which guarantees certain senior unsecured debt issued by eligible banking entities and provides unlimited deposit ins...

Last week, Treasury completed its investment in the nine systemically important banks and, on October 31 st , Treasury posted standardized final documents on its website. The final docume...

On September 30, 2008, the SEC Office of the Chief Accountant and the FASB staff issued a joint press release (“Joint Press Release”) aimed at providing financial statement users, pre...

While the current worldwide economic slowdown and credit crunch have limited refinancing options for companies which have previously issued debt securities, the recent decline in secondar...