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  • Delta Networks launches IPO
    Herbert Smith has advised Goldman Sachs as sole global co-ordinator and sponsor of the global offering of Delta Networks, a Taiwan-based manufacturer of networking products.
    July 12 2007
  • Latham provides counsel in Alcan and Rio Tinto sale
    Rio Tinto and Alcan announced on July 12 an agreement for Rio Tinto to make an offer to acquire all of Alcan's outstanding common shares.
    July 12 2007
  • EC closes down antitrust warehouse
    Yesterday saw the adoption of the European Commission's Jurisdictional Notice for merger control, with antitrust warehousing identified as an area for concern.
    July 10 2007
  • India breaks equity records
    Despite fears over a lack of legal market reform, India has witnessed its largest-ever initial public offering (IPO) and equity offering from DLF and ICICI Bank, respectively.
    July 10 2007
  • Hedge fund reveals general counsel requirements
    In a move demonstrating the unique recruitment demands of hedge funds, former UBS director and tax lawyer Paul Freilich has joined Stonebrook Capital Management as general counsel.
    July 10 2007
  • Belgium undermines Prospectus Directive
    New Belgian rules on primary market practices could dirty the waters that the Prospectus Directive has just clarified.
    July 10 2007
  • Shearman & Sterling opens third China office
    Shearman & Sterling announced on July 9 2007 the opening of its Shanghai office, the firm's third in China and its 20th worldwide.
    July 10 2007
  • Cold feet send cov-lites cov-loose
    Signs of a pushback against covenant-lite loans have begun to emerge as several covenant-lite deals came unstuck last week.
    July 10 2007
  • SEC proposes capital raising reforms
    In changes designed to reduce costs of capital and increase liquidity, US regulators are set to reduce the regulatory burden imposed on smaller companies.
    July 10 2007
  • Khazanah's debut to open up Dubai
    Khazanah's successful second exchangeable sukuk could open up Dubai's International Finance Exchange (DIFX) for future Islamic bonds, following the $850 million listing.
    July 10 2007
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