Russian IPO goes without New York counsel

Author: | Published: 1 Jul 2007
The big apple looks less and less attractive for equity

In a deal demonstrating the shifting preferences of emerging markets issuers, Russian bank VTB completed its $8 billion initial public offering.

A cross-border Latham & Watkins team acted for the bank on the deal, but that team was comprised of lawyers from the US firm's London and Moscow offices: no New York...

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