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  • Allen & Overy is advising reinsurance company Beazley on its rights issue to raise £150 million ($214.6 million) for its acquisition of First State Management Group and its intention to redomicile to Ireland.
  • Does a person have to disclose cooperation with a significant shareholder in a US company even if it doesn’t own shares?
  • After what some lawyers described as a “knee-jerk” ban last year, the UK Financial Services Authority has finally issued a discussion paper on short selling
  • Allen & Overy is advising Icelandic retailer Baugur on its filing for bankruptcy protection. Baugur, which has stakes in several UK high-street stores, is in talks with Landsbanki about the potential restructuring of £1 billion of debt. Landsbanki are being advised by SJ Berwin.
  • Former US Attorney General Michael Mukasey will join Debevoise & Plimpton’s New York litigation team at the end of the month.
  • Lawyers in Islamic finance firmly believe that if company financing had been done entirely along shariah lines, this financial crisis would not have happened
  • Despite fighting talk last month, Hong Kong’s listing committee has shortened the blackout period, bowing to pressure from company lobbyists – and the regulator
  • This article was moved to the March issue.
  • Sidley Austin named former presidential assistant Daniel Price back to its Washington DC office as partner for global issues.
  • Latham & Watkins is advising Live Nation in its merger with Ticketmaster Entertainment. The tax-free, all-stock merger is expected to close by the second half of 2009, subject to shareholder and bank lender approval.