Based upon the papers presented at a joint session of the International Litigation and Securities committees of the Section on Business Law at the 1995 International Bar Association conference in Paris, this book collects papers on five broad topics: The work reflects the prevalence of securities litigation in the United States as compared to other jurisdictions with a comprehensive set of papers on American aspects of these topics. These papers supply a more detailed understanding of the American regulatory and litigation process as it relates to securities offerings. The papers also represent other significant capital markets, including Australia, Canada, England, France, Japan, Korea, Spain, Switzerland, and the Netherlands. This book (and the Paris conference on which it is based) provides practical information and guidance for practitioners dealing with securities offerings on an international basis. Many of the papers can serve as comprehensive and definitive reference works for practitioners in the same jurisdiction as the authors. The papers also readily lend themselves to a comparison of the approaches of a variety of significant jurisdictions to these issues.