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  • Michael Kennedy, Steve Camahort and Michael Dorf join Shearman & Stearling’s M&A and corporate practice in San Francisco.
  • Jackson Taylor has joined Latham & Watkins as a partner in the London office’s restructuring and insolvency group.
  • Andrew Tarbuck moves to Latham & Watkins from Norton Rose, joining the firm’s Dubai office as a partner in the corporate department.
  • Dewey & LeBoeuf will open offices in Abu Dhabi and Qatar in early 2009.
  • A session at the International Bar Association conference comparing traditional and modern ways of practising the law featured an impressive array of speakers and geographies.
  • Huge losses on western markets mean that foreign investors are looking elsewhere for new assets in which to pour their excess funds. And African countries could provide the secure returns that they are looking for
  • Vendor due diligence is becoming common in Latin American M&A, but a lack of professional insurance means that reliance letters take even more importance
  • History repeated itself at the International Bar Association conference as delegates from Argentina compared notes with Chile on the restructuring methods that solved their various banking crises, in the nineties and now
  • Davis Polk & Wardwell represented Goldman Sachs, Bank of America, Citi, Deutsche Bank, JP Morgan and Morgan Stanley as book running managers offering 547,825,000 shares of stock in General Electric. General Electric, which was advised by Weil Gotshal & Manges, raised approximately $12 billion in the transaction that qualified as the largest follow-on offering of common stock in US history.
  • With the status of Europe’s biggest banks changing every day it could be too late for a relaxation of fair value rules to have a positive effect on the market.