Welcome to our 20th edition of Global Insight. In the last edition we concentrated on legislative reform around the world. We continue that theme this month with articles concerning new safe harbour provisions in Australia and laws to facilitate the better coordination of corporate group insolvencies in Germany.
The winds of change blow from many directions: this month, we also consider the potential long-term consequences of defensive strategies in the European leveraged loan market and the effect of the US Supreme Court's decision in Jevic on structured dismissals which seek to deviate from the ordinary priority of payment rules.
We hope you enjoy these articles and, as ever, we welcome your comments and feedback.