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  • The UK government faces a wave of litigation after announcing emergency legislation to nationalise Northern Rock and leave shareholders with nothing
  • MW Tops' plan to list in London due to a rule change is set to spark a flurry of similar moves in the market
  • The shortlists for this year's IFLR Europe awards have been announced, with Freshfields Bruckhaus Deringer gathering the most team nominations
  • Latham & Watkins has added Guy Dempsey to the firm's New York office as counsel in the finance department.
  • Debevoise & Plimpton is representing Axa in its $1.5 billion acquisition of ING's Mexican insurance subsidiary ING Seguros.
  • Austrian firm Schönherr has appointed Ilona Zekely as the new managing partner of its Kiev office.
  • The SEC's amendments to Rules 144 and 145 became effective today, and lawyers are torn between whether they will make a difference in the US market
  • A private equity consortium headed by Montagu Private Equity and Global Infrastructure Partners (GIP), and advised by Linklaters, has offered £1.2 billion ($2.35 billion) for waste management company Biffa. Richard Youle and Adam Freeman, private equity and banking partners respectively, led the Linklaters advice.
  • As the financial world dives deeper into a bear market, Special Purpose Acquisition Companies look to be replacing permanent capital listings
  • Allen & Overy has advised Barclays Capital on a groundbreaking debt issuance.