Welcome to the April 2011 edition of Banking update. This newsletter is produced by Linklaters’ Banking lawyers worldwide and is intended to keep you up to date with current issues in international banking law and practice.
The articles in this edition are:
- Bank lending clauses favouring "Big Four" auditors likely to come under scrutiny;
- Changes to U.S. withholding tax regime;
- Balance sheet insolvency: the point of no return?;
- The Financial Markets and Insolvency Regulations (Settlement Finality and Financial Collateral Arrangements) (Amendment) Regulations 2010;
- Changes to the Chinese regime on external security and guarantees;
- Revised security regimes in Africa: the OHADA reforms;
- When do you have security over "substantially the whole" of a company's property?; and
- Subordination and insolvency proceedings in France.
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