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  • In-house counsel are relieved that Ecofin’s plan relies primarily on national supervisors, with an EU board taking responsibility for overseeing and coordinating regulation
  • As Chinalco licks its wounds, other Chinese companies looking to invest overseas should take note
  • Skadden Arps Slate Meagher & Flom represented BlackRock in its $2.7 trillion acquisition of Barclays Global Investors from Barclays PLC.
  • Cliford Chance has represented Qatar Telecom (Qtel) on the establishment of its medium term note (MTN) programme on May 27. Qtel’s first issue was for $900 million in five-year notes and $600 million in 10-year notes, to trade on the London Stock Exchange. The issuer, a wholly owned subsidiary of Qtel, was counselled by Appelby,and Allen & Overy advised a group of dealers on both UK and US law.
  • US financial institutions will abide by executive compensation guidelines or face binding rules from a united regulatory front
  • Mark Kirsch, Joel Cohen and Christopher Joralemon have moved from the New York office of Clifford Chance to Gibson Dunn & Crutcher.
  • Two of Hong Kong’s most respected lawyers have been given top posts in the Hong Kong Stock Exchange’s listing committee.
  • Baker & McKenzie has recruited a real estate lawyer to its Tokyo team.
  • Milbank Tweed Hadley & McLoy has assisted on a S$1.44 billion ($1 billion) rights issue.
  • Davis Polk & Wardwell has advised Deutsche Bank as dealer manager on a $400 million tender offer.