Image

Default Management & Litigation

Defaults typically occur when the bond issuer or borrower is unable to pay interest or the principal sum to investors or lenders. Events of default are defined in terms and conditions of the transaction document. In case of defaults, the possible outcomes are debt restructuring, winding-up or judicial management.​ At Vistra, we provide services which involve covenant monitoring for identifying early stages of default; investor communication; and coordinating with external legal counsel for enforcing the security or any other legal action against the issuer or lender.

Read More

As the world’s second largest economy and most populous country, China is a magnet for foreign investors. Despite its appeal, however, China poses considerable and unique challenges for multinational companies looking to expand. The first step to overcoming these challenges is understanding China’s legal entity options, which allow multinationals to perform business activities in the country.
The London interbank offered rate, or Libor, has been a benchmark for establishing borrowing terms around the world since 1986, used in tens of millions of contracts covering everything from mortgages and student loans to global bonds and derivatives. But Libor’s shortcomings, which mainly include a vulnerability to manipulation revealed by several crises and scandals, led global financial regulators to replace it with more secure benchmarks.
Environmental, social and governance issues have become a priority not just for investors, but also regulators. In recent years, the EU has focused on orienting private investments toward sustainable finance, beginning with taxonomy regulation to more clearly define sustainable activities. It’s also developing ecolabels for financial products and setting climate change benchmarks.
White

Contact Us

We go to the ends of the earth for you
  • 5,000 Professionals
  • 85+ Offices
  • 45+ Jurisdictions
See all locations