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  • Hong Kong’s law society has appointed a new president.
  • Sullivan & Cromwell represented American International Group (AIG) in its sale of more than $1.13 billion in Transatlantic Holdings stock.
  • Marco Lantelme has joined Italian law firm Carnelutti Studio Legale Associato. Lantelme will be a partner in the firm's banking and finance practice, focusing on the debt and equity capital markets, securitisation and financial regulation. He joins Carnelutti after retiring from Clifford Chance in Milan last month.
  • Eighteen months ago minority stakes were thought to be the best way to make strategic acquisitions in China. Times have changed.
  • Companies with operations in China should prepare for dawn raids, as the State Administration for Industry and Commerce publishes its first procedural rules
  • Mayer Brown advised GMAC in two offerings totalling $4.5 billion.
  • Despite concerns that India’s competition law could discourage foreign investment, the government will implement it within 100 days
  • The Commodity Futures Trading Commission (CFTC) appointed Dan Berkovitz as general counsel.
  • Shearman & Sterling is advising Sichuan Tengzhong Heavy Industrial Machinery on the purchase of Hummer.
  • As the exchange's head of listing Mark Dickens confirms, Hong Kong is embarking on a series of listing reforms looking at procedures and prospectuses