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  • As debate in the US and Europe about fair value accounting grows, lawyers have drawn attention to the impact that a firesale of Lehman's assets could have on the market
  • Khaitan & Co has hired Murali Neelakantan and Kalpana Unadkat as partners in the firm's Mumbai office.
  • Sebastian Gronstedt will join Frankfurt firm Haarmann Partnerschaftsgesellschaft Rechtsanwälte Steuerberater Wirtschaftsprüfer as partner.
  • Graham Nicholson has been appointed Chief Legal Adviser and Adviser to the Bank of England.
  • Hong Kong's chief regulator has said that calls to criminalise short selling in the US and UK is a "knee-jerk reaction" and is confident that his refusal to ban the practice will not lead to hedge fund speculators targeting failing companies
  • Latham & Watkins has represented Etisalat, the Middle East's largest telecom services provider, in its purchase of a 45% stake in Indian operator Swan Telecom.
  • "They shouldn't have called it a bailout. To get widespread support, they should've called it the Freedom plan. It worked with French fries"
  • Sovereign wealth regulation unlikely to work
  • The European Commission could seriously damage structured finance, say speakers
  • Eduardo Ocampo and Jorge R Flores of Ortiz Sosa Ysusi y Cia, S.C. provide an overview of the tax applicable to corporations resident in Mexico and foreign residents doing business there