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  • Be warned: regulators want to be braver
    Much to the dismay of counsel, the chief executive of the FSA has put the regulator's new short-selling rules on a pedestal. He has heralded them as the start of a new decisive culture at the regulator
    July 23 2008
  • Bloomberg buys back stake in itself
    Bloomberg has spent $4.4 billion for a 20% stake in itself from Merrill Lynch. The investment bank decided to sell due to the massive losses it has faced due to the credit crisis.
    July 23 2008
  • DLA Piper appoints Moscow partners
    DLA Piper is to hire Jonathan Socolow and Brian Konradi will work in the firm's project finance and corporate practices in Moscow. Both join from Akin Gump Strauss Hauer & Feld where Socolow worked as senior counsel and Konradi as counsel respectively.
    July 23 2008
  • New finance head for Shearman & Sterling
    Clifford Atkins is set to succeed Anthony Ward as head of Shearman & Sterling's European Finance Group.
    July 23 2008
  • Rushed law will undermine derivatives contracts
    The government's efforts to save failing banks could undermine contractual obligations and rights – such as swaps, futures and options – counsel warn
    July 23 2008
  • Asian corporates can't cope with compliance
    Corporate counsel in Asia are struggling to deal with a myriad of new laws and regulations, according to an IFLR poll
    July 23 2008
  • New Spac on Euronext
    Germany1 Acquisition listed on Euronext Amsterdam today. The special purpose acquisition company (Spac) will raise €275 million. Weil Gotshal & Manges, led by James Cole, advised the Guernsey-based Spac. Germany1 also turned to Carey Olsen in Guernsey and Loyens & Loeff in the Netherlands.
    July 23 2008
  • Latham strengthens Middle East offices
    Latham & Watkins is to relocate four partners from various worldwide offices to its Middle East practice.
    July 22 2008
  • Linklaters boosts Asia competition practice
    Linklaters is relocating a senior competition and antitrust partner to Asia.
    July 22 2008
  • Banco Santander purchases Alliance & Leicester
    Banco Santander's £1.25 billion ($2.5 billion) offer for Alliance & Leicester has been recommended and is due to complete in October if it receives regulatory clearance. Spanish bank Santander is being advised by Slaughter and May headed by Frances Murphy in the UK, Uría Menéndez led by Salvador Sánchez-Terán in Spain and Davis Polk & Wardwell led by Nicholas Kronfeld in the US.
    July 16 2008
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