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Financing Hotels in the United States: Key Considerations
  • Shearman & Sterling LLP
  • USA
  • July 29 2017

Hotels differ from other types of stabilized properties in several major ways. The purpose of this article is to highlight how the distinguishing

US Regulators Launch Fintech Initiatives
  • Morgan Lewis & Bockius LLP
  • USA
  • July 29 2017

Two US regulators recently launched initiatives that will encourage cooperation between the securities industry and its regulators with respect to

Estensione del meccanismo dello split payment (art. 1)
  • CMS Adonnino Ascoli & Cavasola Scamoni
  • Italy
  • July 21 2017

Il Decreto aveva esteso l'ambito soggettivo di applicazione del meccanismo dello split payment (o scissione dei pagamenti), includendovi ulteriori

Arrangement Fee Clauses in German Loan Agreements ruled invalid by German Federal Court
  • Dechert LLP
  • Germany
  • July 21 2017

The German Federal Court issued a series of groundbreaking rulings on July 4, 2017. Arrangement fee clauses in German law loan agreements are invalid

European Central Bank's Guidance on Leveraged TransactionsImplications for Financial Sponsors
  • Sidley Austin LLP
  • European Union, USA
  • July 21 2017

From November 2017, significant credit institutions in the Eurozone that are supervised by the European Central Bank (ECB) will be

IRS Releases August 2017 Federal Interest Rates
  • Bryan Cave LLP
  • USA
  • July 21 2017

The 7520 rate for August 2017 has increased to 2.4. The August 2017 Applicable Federal Interest Rates can be found here

Department of Finance Proposes New Oversight Framework for Retail Payments
  • Blake Cassels & Graydon LLP
  • Canada
  • July 21 2017

On July 7, 2017, Canada's Department of Finance released a long-awaited consultation paper on the proposed regulation of retail payments in Canada

Third Circuit Provides Guidance to Creditors Seeking Section 503(b)(9) Administrative Expense Status
  • McCarter & English LLP
  • USA
  • July 21 2017

Unsecured creditors frequently find themselves in the lurch when a company files for bankruptcy. One of the few mechanisms for recovering the value of

MiFID II - National Discretions
  • McCann FitzGerald
  • Ireland
  • July 21 2017

The Department of Finance has published a feedback statement setting out Ireland’s proposed approach to discretions in the regulations transposing

New rules on credit agreements for consumers relating to residential immovable property
  • CMS Rui Pena & Arnaut
  • Portugal
  • July 20 2017

Decree-Law no. 74-A2017, published in the Portuguese Official Journal on 23 of June 2017 ("DL 74-A2017"), transposes into the Portuguese