In the journals

Is it goodbye to GAAP as we know it?
What will a move to international financial reporting standards mean for borrowers and lenders?

The ISDA 2002 Master Agreement
Major changes summarised.

Recent developments in English law
Notes from an article on cases covering interest rates, sub-participation agreements, liability of co-sureties and demand guarantees.

Struggling corporates attacked by distressed debt investors (or vulture funds)
The decisions in two recent English cases are as expected, but the mere fact of the litigation should serve as a warning to both lenders and borrowers.

Enquiries and information

For more information on any of the cases, articles and features in Financial Services Quarterly, please email Rachel Gowing or call on 64 9 916 8825.

Disclaimer

This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.