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  • Pillsbury Winthrop Shaw Pittman has entered into an alliance with Agha & Shamsi, a newly formed law firm in the United Arab Emirates.
  • Italian law firms Camozzi Bonissoni Varrenti & Associati and Studio Associato LCA have merged to form CBA Studio Legale e Tributario.
  • Gide Loyrette Nouel is advising on a joint venture between Veolia Transport and RATP Développement, a subsidiary of French transit operator RATP.
  • Swedbank has raised €1.2 billion of convertible preference shares via a rights issue that was fully underwritten by a group of existing shareholders.
  • DLA Piper has opened a new office in Muscat, Oman under new managing partner Bruce Mullins.
  • Austrian firm Schönherr has welcomed five new partners as part of its takeover of the former Gleiss Lutz offices in Prague and Warsaw.
  • Davis Polk & Wardwell advised FedEx on an SEC-registered offering of $250 million, 7.375% notes due in 2014 as well as $750 million notes of 8% due in 2019.
  • Freshfields Bruckhaus & Deringer is starting a US litigation practice with the addition of three highly-regarded New York litigation partners.
  • In Vietnam, M&A is regulated by the Competition Law, which took effect in 2005. Certain unclear aspects have recently been discussed by the Vietnam Competition Administration Department of the Ministry of Industry and Trade for the purpose of issuing a decree for regulating M&A transactions.
  • On January 5 2009, the Financial Services Commission (FSC) released a draft regulation (amended regulation), which will replace the current Regulation on Securities Issuance and Disclosure (current regulation) in its entirety.