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Conduits are being structured in increasingly innovative ways in response to regulatory change, say Jason Kravitt and Kevin Hawken of Mayer Brown Rowe & Maw

Peter Ollier explains why the firms with longevity are winning the work on Russian equity listings in London

Protectionism and uneven takeover regimes will make European mergers more litigious and protracted, but they will go ahead, says Daniel Andrews

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Turkey

Portugal

Foreign investment requires a supportive and conducive legal environment and legal institutions. In this light, legal certainty is as vital as political stability and economic opportunities.

The rise of activist hedge funds in Asia has accelerated regional debates on corporate governance, good business and takeover defences, says Young-Joon Kim

David Bernstein argues that SEC initiatives to increase disclosure might not help investors as much as first appears

Davis Polk & Wardwell and Milbank Tweed Hadley & McCloy scored roles on India's largest IPO to date. Reliance Petroleum raised Rs 270 billion ($600 million) to finance the construction of the world's largest refinery complex. Milbank Tweed, through lead partner Tom Siebens, acted for the underwriting group which was led by JM Morgan Stanley and DSP Merrill Lynch in Mumbai. Davis Polk was international counsel to Reliance, supported by Junnarka & Associates on matters of Indian law. The underwriters used Khaitan & Co for local law advice and Amarchand Mangaldas acted as special counsel to the transaction.