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Stephen Hibbard explains why defence lawyers may have been overly optimistic about last year's Supreme Court ruling in Dura

Amy Ho, Clifford Chance The Hong Kong and Shanghai offices of Clifford Chance welcomed new partners following the firm's partnership elections. Amy Ho will be based in Shanghai, advising on corporate, M&A and private equity matters. In Hong Kong, Robert Ritchie specializes in finance while Andrew Whan focuses on corporate finance work.

"Now all the European states have the same rules, but we have 25 different regulators interpreting those rules. There are concerns that some regulators aren't applying the rules consistently."

James Leavy is disappointed but unsurprised that France has missed an opportunity to fully overhaul the law on security interests

Electricity, natural gas and oil will no longer be solely provided by state-owned companies as Turkey amends laws to regulate privatization. By Güner Law Office

Turkey is bringing its banking system in line with the EU and international standards by developing new laws and regulatory institutions. By Güner Law Office

Clifford Chance, Linklaters and Lovells helped to set a leveraged financing record in Japan by advising on the $12 billion bridge financing of Vodafone's Japanese mobile phone business. Lovells represented the buyer Softbank and Vodafone was advised by Linklaters. Tokyo partner Tim Jeffares led a multi-office team of Clifford Chance lawyers acting for lead arrangers Deutsche Bank and Mizuho Corporate Bank. The lead arrangers also appointed Mori Hamada & Matsumoto as Japanese counsel while Nagashima Ohno & Tsunematsu advised the lead arrangers on local law issues.

The blank cheque IPO is back, but the reputation of SPACs is still shaky, says Ben Maiden

Five different articles analyse the new mood in Germany, including new laws on squeezing-out shareholders, the encouragement of private equity, the reform of shareholder meetings and the relaxing of takeover protection

On March 21 2006, the Ministry of Finance and Economy in Korea issued a Bill on the creation and development of a financial hub. The Bill aims to further the Korean government's efforts to establish Korea as a financial hub in northeast Asia. Under the main provisions of the Bill, the Korean government undertakes to: