Resource Library

The purpose of this brief note is to help market participants make contingency plans where the political crisis involving Ukraine results in sanctions and embargoes, exchange controls, expropriations and the break up of Ukraine. It focuses in particular on the legal impact these events might have on financial contracts, such as bond issues, bank loan agreements, deposits and investments. It does not deal with wider political and economic consequences, such as the impact on a country’s economy and its banking system.

Your company has just announced it will be filing for reorganization under chapter 11. First, take a deep breath. Now what? You and your team have a staggering amount of work to accomplish in a short period of time, without any guarantee of success or even employment upon completion. Plan appropriately and your company’s story might not end at chapter 11.

This issue includes articles on class actions, employment, and tax issues in Canada.

The Federal Reserve and the Office of the Comptroller of the Currency have issued extensive new guidance to financial institutions about the use of third parties to perform functions for the institution or company, or to provide products or services to their customers. If your company has a relationship with third-party service providers, then this article is a must-read.

This article addresses how globally, the hedge fund industry is impacted by countless reforms; including European short selling bans, global derivatives reform and shadow-banking.

This resource provides an overview of basic aspects of Colombian law.

This issue of Canadian Briefings includes: Canadian Government Clarifies its Position on the Investment Canada Act by Dany Assaf, Jason McKenzie and Sarah McLean; International practice Almanac: British Columbia Canada Professional Regulation; Protocol Signed Amending the Canada-US Tax Treaty by Adrienne Oliver; Canada Shines Spotlight on World Stage by Carolyn Boyle; Canada Reconsiders Its Foreign Investment Policy by Terence Dobbin

Without complicated stimulus bills or other governmental prodding of their economies, China and India stand to become the collective antithesis of American recession. How will their free markets play a part in the rebuilding of global finance? Readers of this article will better understand the present and predicted standings of these potential powerhouses.

Counterparty risk is an inevitable component of any financial transaction. Organizations faced with a financially distressed debtor are wise to have defenses in place before issues arise. With proper protection in place, those organizations also have the opportunity to capitalize on the distress of the debtor. Arm yourself with the weapons that your organization will need to protect itself when dealing with an insolvent or bankrupt corporate group, as well as deal protection measures to consider when managing distressed merger and acquisition transactions in an international context.

This is a sample form of guarantee agreement between subsidiaries of a corporation.