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  • McDermott Will & Emery welcomed a new partner to its banking and finance team this week.
  • Covered bonds could offer banks a way to refinance mortgage loans and give structured finance lawyers a substitute for securitization instructions
  • Japan's M&A prospects look even bleaker following the government's decision to impose controls on foreign acquisitions of domestic weapons companies
  • Rashane Leerabandu has joined Herbert Smith's Bangkok office to lead the firm's corporate and commercial team.
  • Linklaters has appointed Michael Guilday as counsel and head of the firm's investment management practice in Asia. He will be based in the Hong Kong office.
  • Andrew Oringer has joined White & Case as co-head of its US Executive Compensation and Benefits Practice.
  • Securitization specialists are encouraged by the lack of a contagion effect from US subprime in emerging markets
  • Private equity specialists disagree on whether the credit squeeze will mean the end of covenant-lite loans. But they agree on one thing: the potential for litigation from failed commitments is huge
  • Corporate partner William Charnley is to join Mayer Brown from McDermott Will & Emery on October 1. Charnley has over 18 years of experience across many industries with a strong focus on corporate finance in private equity and hedge funds. He will join Mayer Brown's London corporate practice.
  • Mifid specialist Patrick Buckingham has left his role as European regulatory counsel at Lehman Brothers to join Herbert Smith. As of yesterday, Buckingham is part of Herbert Smith's financial services regulatory practice, where it is hoped he will strengthen the firm's non-contentious regulatory offering.