Publication
Transport, Trade and Logistics Update
A new form of security following the declaration of general average (GA) has the market wondering if a real change has occurred.
Publication | December 13, 2018
Global law firm Norton Rose Fulbright has issued a white paper, Living with SEC rule 15c2-12 municipal securities disclosure amendments, that discusses recently adopted amendments, effective for municipal securities offerings with continuing disclosure undertakings entered into on or after February 27, 2019.
The amendments effectively require the securities’ issuers to contract to provide prompt public notice of new financial obligations and terms, if material, as well as related defaults and similar events that reflect financial difficulties, while the securities remain outstanding. The amendments will impose significant and uncertain new burdens on municipal securities issuers, conduit borrowers, underwriters and brokers.
Written by Fredric Weber (Houston), Stephanie Leibe (Austin), Uyen Poh (New York) and Matt Lee (San Antonio), the white paper discusses the ambiguities and challenges posed by the amendments and how to meet them.
Publication
A new form of security following the declaration of general average (GA) has the market wondering if a real change has occurred.
Publication
There is much talk currently about South Africa standing at a political cross-roads, in relation to its ability to make the newly formed Government of National Unity work (and to unlock the legion economic and social benefits that would flow from making it work).
Publication
The Lloyd’s Open Form has been the maritime industry’s preferred form of agreement for salvage for over a hundred years. In response to industry concerns and the declining number of LOF contracts being concluded each year, an update to the Form was published in June this year.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023