Search results for

Jean-Baptiste de Cabanes has joined Hogan & Hartson from an in-house role, in the latest of a series of European recruitments by the US firm

Sidley Austin and Wachtell Lipton Rosen & Katz advised on the IPO of investment bank KBW, which operates through its registered subsidiary Keefe Bruyette & Woods.

The sale of structured financial products, including equity bonds, index bonds and index-linked deposits, is increasing in Norway as well as the rest of Europe. According to unofficial numbers from the Financial Supervisory Authority of Norway (FSAN), about NKr50 billion ($7.5 billion) was invested in these instruments with 22 of the largest banks in Norway in the second quarter of 2006, representing an increase of NKr3.8 billion since the official survey made by the FSAN in the third quarter of 2005. Half of the investments in these structured products appear to be debt-financed and secured on the same instruments. Most of the funds invested originate from investors in the mass retail market. The real numbers might be even higher, because the FSAN survey does not include all foreign financial institutions represented in Norway.

US stock exchanges' loss is UK law firms' gain in Hong Kong

A recent ECJ decision will prompt a rethink of the UK's controlled foreign company rules

Investment advisers in the UK and Hong Kong might have more liability to their clients than they think

The complicated system of liability both to customers and the wider market in the DIFC

The intricacies of investing in Portugal's growing distressed and defaulted debt market

Issues of subordinated debt instruments can now be treated as tier one capital in Argentina

Equity capital markets Four firms were brought on board to help Greek shipping company Danaos list on the New York Stock Exchange. Danaos, which is based in Piraeus and owns a fleet of container ships, raised $215 million through the initial public offering (IPO). Stephen Farrell of Morgan Lewis & Bockius was the issuer's lead US counsel, with White & Case offering tax advice and specialist shipping firm Watson Farley & Williams advising on matters relating to Marshall Islands and Liberian tax and law. John Gaffney of Cravath Swaine & Moore acted for the underwriters, Citigroup and Merrill Lynch.