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  • Although Asia’s capital markets are bubbling, private equity investors in Hong Kong are shunning the prescriptive listing requirements and longer lock-in periods of IPOs
  • 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
  • Reed Smith has hired Michael Fosh, who will become a partner at the firm’s corporate and security group in Beijing. Fosh joins from Herbert Smith where he was chief representative of the firm’s Beijing office.
  • A Chinese and Kazakh joint venture purchase of a Kazakh oil company has overcome currency concerns, being conducted on a single day in an open trade
  • Clifford Chance’s private equity team has advised Duke Street on its disposal of skincare brand Simple to Alberto Culver.
  • Kuwait’s Global Investment House's restructuring plan succeeded because of due diligence, transparent creditor meetings, and new asset-based security for unsecured lenders
  • 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.
  • The amendment to proposed legislation governing covered bonds has been welcomed by both Republicans and Democrats
  • Schoenherr has advised pharmaceutical company GlaxoSmithKline Biologicals (GSK) on it strategic cooperation with Austrian biotech company Intercell.
  • Lovells will merge with US firm Hogan & Hartson next year to become Hogan Lovells.