For those focused on the debt restructuring market, the Greek sovereign crisis (covered extensively in our recent updates) has drowned out news of other debt restructuring matters this year. Our Alert below addresses key...more
First Circuit Rules Bankruptcy Code Preempts Puerto Rico's Recovery Act -
On Monday, July 6, the Court of Appeals for the First Circuit affirmed the February 6, 2015 order and injunction of the Puerto Rico District...more
Federal Law No. 42-FZ dated 4 March 2015 (On Amendments to Part I of the Civil Code of the Russian Federation) (the "Law") was signed by the President of the Russian Federation on 8 March 2015 and is aimed at amending certain...more
This is an update of our alert dated 5 December 2012. Since our prior alert, there have been certain legislation changes addressed below.
The public unified register of pledges of movable property (the Register) was...more
1. Concept of a security trustee (security manager).
Given that the English-law concept of a 'trust' is not recognized by the Russian legal system, currently, under Russian law, only a creditor can hold the security...more
This law alert relates to the changes made in the Russian securities law by Federal Law No. 210-FZ dated July 23, 2013 (On Amendments to the Federal Law on the Securities Market and to Certain Russian Laws and Regulations). ...more
In This Presentation:
1. Why were changes needed?
2. How are things changing?
3. The process of change
4. Amendments in place now
5. What is still to change?
- 2nd Draft Amendment
- 3rd Draft...more
Federal Law No. 166 dated 2 October 2012 (the “Law”) amends the existing Law on Pledge and laws on public notaries. On 10 January 2014 a Unified notary information system comes into effect that shall include a Register for...more