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  • How the chairman of German shareholder meetings has been given greater powers to restrict troublesome shareholders, by Michael Arnold and Andreas Wölfle
  • Insolvency proceedings in Albania are regulated by Law 8901 On Insolvency dated May 23 2002, which entered into force on October 1 2002. The Insolvency Law applies to all forms of companies organized under Albanian law. Special regimes apply to insurance companies and financial institutions.
  • Stephen Hibbard explains why defence lawyers may have been overly optimistic about last year's Supreme Court ruling in Dura
  • "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."
  • Until corporate Europe fully embraces high yield debt it is US law firms that will continue to take the lead. By Daniel Andrews
  • Kaupthing Bank established an ISK 200 billion ($2.6 billion) covered bond programme, the first of its type by an Icelandic entity and the first debt issuance programme of any type expected to be listed on the Icelandic Stock Exchange. Allen & Overy, led by securitization partner Salim Nathoo, advised Kaupthing Bank. LM Attorneys advised Kaupthing Bank as to Icelandic law. The firms also advised on the issue of two series of inflation linked bonds under the programme.
  • Freshfields Bruckhaus Deringer advised German chemicals company Wacker Chemie on its €1.2 billion initial public offering (IPO) on the Frankfurt Stock Exchange, the largest in Germany for a year. Sullivan & Cromwell acted for Morgan Stanley and UBS, the global coordinators and joint bookrunners, who were also advised in-house by Cristoph Wolf and Holger Meyer respectively.
  • 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
  • Simmons & Simmons added to its corporate group in London with the hire of Gavin Weir, a specialist in M&A, equity capital markets and corporate governance. Weir has particular experience of corporate finance transactions in the life sciences and financial institutions sectors. He was previously a senior associate in Allen & Overy's corporate department.