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  • In-house counsel have argued that securities litigation could aid the quality of disclosure in Europe, despite previous blanket objection to regulatory changes aiding litigation
  • Mexican Airport operator Grupo Aeroportuario del Sureste announced that its chairman and interim chief executive, Fernando Chico Pardo, has made an unsolicited tender offer for the company
  • Skadden Arps Slate Meagher & Flom has appointed three partners in Asia, as part of a worldwide expansion, which sees 29 new partner appointments.
  • The China Securities Regulatory Commission appears to be preventing companies from listing in Hong Kong unless they go to mainland China first
  • Royal Dutch Shell today announced it will pay shareholders $450 million in compensation for overstating its oil reserves between 1997 and 2003
  • Isabelle MacElhone has left her position as senior M&A partner at Freshfields Bruckhaus Deringer in Paris to join Hogan & Hartson.
  • Salans continues its expansion in Europe, announcing new offices in Madrid and Barcelona this week. The firm has acquired the Madrid-based law firm Masons Buxeda Menchen, adding 24 lawyers to the practice.
  • Last week's IPO of Rexel saw the electrical supplies distributor come back to the equity markets two years after being taken private.
  • William McGlone has joined Latham & Watkins' Washington, DC office as a partner.
  • US software company webMethods has agreed an offer from Software AG, Europe's biggest software provider. The cash tender offer transaction, valued at around $546 million, is expected to close during the second quarter of 2007 subject to regulatory approvals.