Month: January 2025

This Article will focus on how lawyers in countries with a tradition of bank secrecy have played a part in maintaining their clients’ anonymity vis-`a-vis bankers. For comparative purposes the Article will also comment on the banker’s interest in knowing his or her customer’s identity in a tax context, particularly when the customer claims the Read More …

One of the more popular means utilized by foreign private issuers in recent years to create a market for their securities and to raise capital in the United States has been the issuance of American Depositary Receipts (“ADRs”). The estimated total dollar volume of ADR trading on U.S. exchanges in 1992 was approximately U.S.$125 billion. Read More …

I would like to thank everybody involved for providing me with this opportunity to speak to you about the wonderful world of American Depositary Receipts (“ADRs”). Today I will attempt to provide you with an overview of the ADR market. I will talk about the different types of ADR programs available, and I will talk Read More …

Discusses the Exon-Florio Provision of the Omnibus Trade & Competitiveness Act. It gives the President of the United States the power to prohibit or to prevent on a temporary basis a non- U.S. corporation from merging with or acquiring a U.S. corporation when the transaction could potentially impair U.S. national security. The Note examines U.S. Read More …