Finance Law and Banking Law

In order to clearly explain the effects of the Carriage of Goods by Sea Act 1992¹ and to make an attempt to consider whether or not the new legislation can be regarded as an exhaustive and satisfactory piece of work we have to go back to 1855.

The new Turkish Commercial Code ("NTCC") will enter into force as of July 01, 2012. Although the provisions regarding the commercial agents ("agents") are in parallel with the current Turkish Commercial Code ("TCC") in general, the NTCC has introduced some important novelties in order to harmonize the agency provisions with the Council Directive 86/653/EEC . In this article, these novelties will be briefly examined.

Providers of financial services must remain vigilant when providing financial advice to clients.

The Trump administration's attack against the Canadian economy may have more than just economic consequences.

The standard Canadian mid-market buyout transaction involves both a senior loan with a Canadian bank and the buyer contributing equity to fund the purchase price.

Chinese companies continue strategically deploying capital overseas.

M&A activity increased significantly in 2011, marking the second consecutive year of growth after the market decline of 2008 and 2009.

On May 21, 2012, FINRA issued Regulatory Notice 12-25, in which FINRA provided additional guidance on its new suitability rule, FINRA Rule 2111.

Last week, the International Swaps and Derivatives Association released a letter it submitted to the Ontario government in support of the Ontario Bar Association's proposal to provide an automatic first priority ranking to financial institutions that have a security interest in cash in financial accounts perfected by control.

On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups Act (the JOBS Act).

On June 7, the Federal Reserve Board, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation jointly proposed new capital rules.

The JOBS Act (the "Act"), signed into law on April 5, 2012, promises to have a significant impact on two popular exemptions to registration of securities under federal securities laws.