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  • Allen & Overy has advised the banks on a $55 billion facility for BHP Billiton.
  • Simpson Thacher & Bartlett is representing Microsoft in its proposed $44.6 billion acquisition of Yahoo. Skadden Arps Slate Meagher & Flom is acting for Yahoo with partner Kenton King leading the deal.
  • Milbank Tweed Hadley & McCloy is acting as US counsel to Inter-American Development Bank (IDB) on the $600 million senior debt financing for Columbian telecom operator Telefónica Móviles Columbia (Tempo).
  • As investors flow out of hedge funds worldwide, a new type of fund in the US is set to tempt them back with promises of greater equality and transparency
  • While the UK Financial Services Authority's (FSA) discussion paper on listing in London may have laudable objectives, counsel worry that there may be unintended consequences
  • November's edition of IFLR revealed that Asian in-house counsel were running scared of their front office. In recent weeks, the situation has deteriorated
  • The UK's Treasury Committee plans to strip bank shareholders of their voting rights, in a move which could lead to a litigious backlash
  • Latham & Watkins represented ReneSola in its $130 million initial public offering on the New York Stock Exchange.
  • European Finance House, an Islamic investment bank, has received approval from the Financial Services Authority to set up in the UK.
  • Gibson Dunn & Crutcher has hired Mitri Naijar to be a corporate partner split between the firm's offices in London and Dubai.