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Ben Maiden looks at the leading legal advisers as securitization of life insurance takes off

The shortlists for the IFLR Middle East awards, to be held in Dubai on September 5. Read on for deals of the year, teams of the year and national winners.

The opportunity to reform the EC Regulation on jurisdiction, to stop forum shopping in breach of contract, needs to be seized by the European Parliament, says Tom Lidstrom

Cadwalader suffers partner losses James Croke leaves Cadwalader for Orrick Cadwalader Wickersham & Taft has suffered a series of partner departures in recent weeks, notably from the firm's highly regarded structured finance practice. James Croke and Peter Manbeck left Cadwalader to join fellow securitization high-flyer Orrick Herrington & Sutcliffe last month, taking a team of associates with them. Croke was head of Cadwalader's UK capital markets group from 1999 to 2004, where he was closely involved in the legal development of the European asset-backed commercial paper market (ABCP). Croke said that he was attracted to Orrick in part by its active international strategy, which has seen the firm take on board the French M&A specialist firm Rambaud Martel and take on resources in other financial centres in recent months.

The construction industry in Tanzania has evolved over the years to include more and more capabilities, such as all kinds of civil works (roads, bridges) and more advanced forms of residential and commercial buildings, as well as electrical and specialist fields. Between 1997 and 2005 the number of registered construction contractors grew from about 100 to about 1400.

The parliament of Latvia recently passed its new Public Procurement Law 2006.

The Tokyo Stock Exchange (TSE) has announced that it is looking to revise its listing system to enhance investor protection by improving corporate information disclosure policies and taking appropriate measures against corporate activities that hinder market function.

Stephen Rooney explains how a conservative life insurance rule has sparked a securitization boom

No one quite knows what is going to happen with Mifid, the Markets in Financial Instruments Directive. It was supposed to improve the efficiency of the single market in Europe by removing some of the drawbacks of the previous regime, the Investment Services Directive. But the aims seem to have got lost in the implementation.

Derek Woodhouse explains the challenges facing lawyers and lawmakers as Mexico embarks on a programme of public works projects