Shearman And Sterling

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Jul 04, 2012

The Eurozone. What Do You Really Need to Know?

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The euro and the European Economic and Monetary Union are facing an increasingly challenging period in their evolution. The dynamic situation, influenced by economics and politics, is evolving and will continue to evolve over the coming months and years.

As a firm, we have been monitoring the situation closely and advising our clients on contingency planning. Given the continuing uncertainty, we think now would be a prudent moment for our clients to take stock, ensure they are apprised of the relevant facts and, if they have not already done so, undertake analysis of their organisation to ensure that they have implemented an appropriate approach to contingency planning.

To assist with such analysis this briefing note outlines the current status of the Eurozone predicament, details some of the legal risk issues that may be considered as part of any contingency planning and summarises some ways in which institutions have been seeking to insulate themselves from any potential fallout.

View full memo, "The Eurozone. What Do You Really Need to Know?"

Authors and Contributors

Anthony Ward

Of Counsel

Finance

+44 20 7655 5000

+44 20 7655 5000

London

Patrick Clancy

Partner

Finance

+44 20 7655 5878

+44 20 7655 5878

London

Barnabas Reynolds

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5528

+44 20 7655 5528

London

Thomas Donegan

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5566

+44 20 7655 5566

London