Unlike those established in many other jurisdictions, Italian companies are subject to specific rules on negative equity and quasi-negative equity. These rules have become quite a hot topic for investors in a pre-restructuring or a pre-insolvency scenario. Riccardo Sallustio of Bonelli Erede Pappalardo LLP explores the treatment of net loss under the Italian Civil Code.

The International Who’s Who of Banking Lawyers has brought together three of the leading practitioners in the world to discuss key issues facing lawyers today.

On 11 November 2010, during their summit meeting in Seoul, South Korea, the Group of Twenty Finance Ministers and Central Bank Governors (known as the “G-20”) formally endorsed the Basel Committee on Banking Supervision’s proposals for capital and liquidity requirements for banking institutions. The Basel Committee had announced an agreement on these higher capital standards on 12 September 2010.

The leading European banking lawyer according to our research shares his insight on recent regulatory initiatives and the outlook for financial institutions and the lawyers who advise them.

The current South African Companies Act was introduced in 1973 and, despite being amended several times since then, is out of date in many respects and has not reflected many of the developments in market practice over the years. A complete revision of the Companies Act was therefore begun four years ago which resulted in the enactment of a new Companies Act in 2008.

In this section we analyse the findings of our research in greater depth to identify the firms and practitioners who stand out worldwide.

With the benefit of over 10 years of research and thousands of votes from clients and private practitioners, Who’s Who Legal takes a closer look at developing trends in the banking legal marketplace worldwide.

With the benefit of over ten years of research and thousands of votes from clients and private practitioners, Who’s Who Legal takes a closer look at developing trends in the banking legal marketplace worldwide.

Our research selects 440 individuals deemed world class by the clients and peers we canvassed, taken from 65 countries worldwide. Several firms stand out in terms of the number of partners selected for inclusion and the breadth of the expertise they can command.

We identify 57 of the leading banking and finance lawyers in nine jurisdictions in the following chapter, with Russia, Belarus and Ukraine the best-represented nations.

This is the largest edition of our banking book to date, with 442 experts selected from 63 countries. Several firms stand out for the large number of leading practitioners they field, as well as the geographical breadth of their international expertise.

Tom Barnes takes a closer look at the issues affecting banking lawyers.

Our research has uncovered 20 leading banking lawyers from 15 law firms.

Recent news of the Argentine government's decision to repay $6.7 billion of defaulted debt to the Paris Club of creditor nations could help to restore the country's international economic credibility, according to its members.

Twenty-seven lawyers from 10 firms feature in the banking chapter this year.