Capital Markets

Selecting the Right Counsel in the New Capital Markets Era

Facundo Gomez Minujin

Managing director JP Morgan Chase (head of legal department for Latin America)

Over the past 20 years capital markets have expanded exponentially from issuers in developed economies to issuers in emerging markets.

read more

Post-Transparency Directive - Liability for Reports and Statements

Nick Eastwell

Historically there was no statutory regime conferring a right to compensation on shareholders and investors for errors in, and omissions from, a company’s financial statements, and the common law of torts had to be relied upon in any such action. It is generally accepted, applying the principles laid down by the House of Lords in Caparo Industries plc v Dickman (which concerned the liability of auditors), that directors have a duty of care to shareholders as a whole to enable them to exercise their governance rights but not, in the absence of circumstances creating proximity or a special relationship, to individual shareholders in relation to their investment or to potential investors or other third parties.

read more

Capital Markets and the Selection of The Capital Markets Lawyer

Christoph Wolf

Executive director Morgan Stanley (legal and compliance division)

Capital markets had a strong year in 2006 and 2007 has also had a solid first half; they are characterised by high liquidity and investors’ quest for attractive investments.

read more

Capital Markets in South Africa

Megan McDonald

Director, Securitisation Standard Bank of South Africa Limited

Unlike many of its African and emerging market counterparts, South Africa relies more on its domestic capital markets for funding than on international borrowing. This is partly due to its historical legacy and the preferences of the current government.

read more