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  • Antitrust lawyer David Evans has left Arent Fox to join Chadbourne & Parke as a partner in the firm’s Washington office.
  • Chadbourne & Parke has hired Gerald Silver as a partner in the firm's litigation practice in New York.
  • The takeover of TPV Technology in Hong Kong has used both a Pipe and a block trade – removing the need for shareholder approval
  • Dechert has strengthened its business and reorganisation group in New York by hiring partner Allan Brilliant and Craig Druehl from Goodwin Procter.
  • China’s tighter restrictions for foreign companies’ representative offices could cause some to convert to wholly foreign-owned enterprises in a bid to avoid the new rules
  • Herbert Smith has hired James MacArthur as a partner in its private equity practice in London.
  • Forcing derivatives through central counterparties could exacerbate risk in the system, creating a delicate structure that really is too big to fail
  • Shearman & Sterling has advised Citigroup Global Markets as the initial purchaser of Greek dairy company Fage’s $150 million bond offering.
  • BAA Funding has launched the first bond from its programme set up in August 2008 to provide financing for London's Heathrow and Stansted airports. Clifford Chance advised co-arrangers Citi and The Royal Bank of Scotland, as well as other members of the dealer group on the first £700 million ($1.1 billion) worth of bonds, and the dealer managers on a further issue of £235 million. A separate team from Clifford Chance assisted Deutsche Trustee Company as bond and borrower security trustee, and BAA was represented by Freshfields Bruckhaus Deringer.
  • Morgan Stanley and China Haisheng Juice's out of court settlement could embolden Chinese companies to cease derivatives payments in the future, aware of international banks' fear of court battles