• The key to understanding borrowing in a non-base or foreign currency begins with the age-old premise that there are no free lunches.

A paper on corporate financial risk management policy (52K) written by John R. Rush. This paper was first published in Lawlink Volume 15 Issue 3, Auckland, December 2000.

• "Doing nothing" IS doing something! If company directors and managers ever legitimately had the option of "doing nothing" about the management of their financial risks, those times are long gone - unless, of course, such individuals enjoy defending legal actions initiated by disgruntled shareholders. This paper discusses some of the fundamentals which companies ought to recognise and practise so as to avoid "ugly incidents" occasioned by deficient financial risk management.