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  • Baker & Mackenzie announced on July 9 2007 the election of 23 new partners and the recruitment of 12 lateral partners in Asia Pacific within the last 12 months, bringing the total number of partners to 310.
  • Former Lovells senior associate Veronica Pinotti and associate Martino Sforza have joined McDermott Will & Emery.
  • On July 1 2007, Clifford Chance promoted three new counsel/consultants in its Hong Kong, Singapore and Tokyo offices.
  • On July 5 2007 White & Case recruited partner Carter Brod from Baker & McKenzie.
  • Securities exchange consolidation continues apace, as the US Department of Justice cleared Chicago Mercantile Exchange's $8 billion acquisition of Chicago Board of Trade.
  • Private equity appears to be shrugging off legislative attention and credit speculation as KKR files for a proposed initial public offering.
  • LeBoeuf Lamb Greene & MacRae has advised Citigroup and JP Morgan as lead managers on the latest Eurobond issued by the Kingdom of Morocco, the country's second.
  • The UK's Financial Services Authority (FSA) today criticised mortgage lenders and intermediaries for their negligence in the subprime mortgage crisis.
  • Shariah finance showed further signs of cracking the US market this week as DP World closed a $5 billion medium term note programme and $1.5 billion sukuk – with American investors vying for stakes in the deal.
  • In a result that demonstrates the extent of the current M&A boom, Latham & Watkins has jumped to the top of the latest adviser review.