North America: Finance and Banking

In Wilmington Savings Fund Society v. Tamisi, the U.S. District Court for the Eastern District of New York upheld a bankruptcy court's ruling that Wilmington lacked the necessary standing...

In a notable trend in state consumer financial regulation, state legislatures are increasingly seeking to regulate a variety of marketing and advertising practices...

Licensing Link is a periodic publication that will keep you informed on hot topics and new developments in state licensing laws, and provide practice tips and primers on important issues...

Raising capital through a private offering can be a powerful growth lever—but only if it's done within the bounds of federal and state securities laws.

The Cayman Islands' revised Securities Investment Business Act (SIBA) introduces a clearer, more efficient regulatory framework for investment managers.

The global private markets landscape is undergoing a profound transformation, marked by rapid growth, heightened competition, and a wave of innovation...

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.

In what has been one of the most litigated and acrimonious takeover bids of the past year, the Bureau de décision et de révision (Québec) (the "Bureau") exercised its public interest discretionary power to cease trade the issuance of shares by Fibrek Inc. ("Fibrek") to a "white knight".

New Chapter 64 of the Texas Property Code, entitled "Assignment of Rents to Lienholder" which became effective on June 17, 2011, brings much needed clarity to the law of assignment of rents.

On May 9, 2012, the Federal Reserve Board ("FRB") released three orders approving investments in the U.S. banking market by entities based in China.