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As of February 1 2007, an amendment of the Slovak Commercial Code, published in the collections of laws under number 19/2007, came into force. The amendment: (i) tightens the obligations of companies with respect to their company seats, (ii) regulates the voluntary publication of data and deeds in languages other than the Slovak language with respect to third parties, (iii) relates to entrepreneurs who offer their goods or services on the internet, and (iv) stipulates some changes with respect to joint stock companies.

In March a record number of lawyers from around the world were rewarded as part of IFLR's annual awards celebrations. Read all about all the winners in Europe, the Americas and Asia

Bharat Vasani of Tata Group explains why Indian companies lack both internal and external counsel

Spain keeps a local lending quirk intact

Ravi Kulkarni, Haigreve Khaitan and Avaantika Kakkar of Khaitan & Co say the many opportunities available in India make it an ideal destination for venture capital

The implementation of the Markets in Financial Instruments Directive (Mifid) is reaching its final stages. The government bill for the legislative proposals to implement Mifid is expected to be presented to the Finnish parliament in April 2007. It is expected that the amended legislation would be enacted on July 1 2007 and enter into force on November 1 2007.

The Americas law firm of the year Peter G Naismith, Duncan C McCurrach, Donald R Crawshaw, Mitchell S Eitel, Lisa DiNoto and Michael D Horwitz of Sullivan & Cromwell Starring roles in a litany of IFLR's top debt issues, equity deals and mergers & acquisitions wins Sullivan & Cromwell a place on our overall shortlist.

Red chip companies are poised to list on the Chinese mainland exchange, but are waiting for clarification from the China Securities Regulatory Commission (CSRC). Three Hong Kong-listed units of China National Oil Corp (Cnooc) are trying to issue shares on the mainland, to tap higher equity valuations, but are waiting for the CSRC to clarify the opaque legal issues that affect how overseas-registered mainland companies can list on the domestic stock exchange.

Hedge funds are again stepping onto investment bank territory, by forming a lobbying group for membership on MTS.

Betting on a bust: loan CDS market to eclipse CLOs A US public loan-only credit default swap (LCDS) index could be in place by May.