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  • Law firm alliances are widespread, but it can be difficult to judge how good a network is for specialized financial advice. IFLR has analyzed the research used for the latest edition of its corporate finance law directory, the IFLR1000, to reveal the top networks for financial law advice. By Nigel Savage
  • Until the amendment of the Romanian constitution by national referendum vote in October 2003, foreign citizens were not allowed to buy property in Romania. But because of this amendment, foreign citizens will be able to acquire the right to privately own land in Romania, after its accession to the EU and pursuant to other mutual international treaties to which Romania is a party.
  • At press time the Russian state Duma was considering several amendments to the Federal law on the Securities Market No. 39-FZ of April 22 1996 and the Federal law on joint-stock companies No. 208-FZ of December 26 1995. The amendments are designed to facilitate the IPO (initial public offering) process and to bring Russian IPOs more in line with western standards and practices.
  • Following the UK water industry's use of securitization as a financial restructuring tool, it now looks to be the turn of the gas industry. By Julian Davies
  • IT consultants LogicaCMG turned to an innovative rights issue and takeover offer in its proposed acquisition of French rival Unilog. By Michael Shaw
  • Ben Maiden reports on the arrival of Ecaps deals in the US capital markets
  • Allen & Overy added to its corporate presence in Shanghai by hiring Ji Zou as a consultant from Paul Hastings. Ji's experience includes foreign investments, M&A, strategic alliances, venture capital and other corporate transactions in the US and PRC. She also advises on real estate development, intellectual property and employment matters in China.
  • Stephen Christopher, Mallesons Freshfields Bruckhaus Deringer and Mallesons Stephen Jaques advised on the HK$9 billion syndicated financing of Hutchison Telecommunications International. Stephen Christopher led the Mallesons team acting for the group of 13 mandated lead arrangers, which included ABN Amro as documentation bank and Standard Chartered Bank as facility agent and security trustee. Freshfields was counsel to the borrower.
  • Competition and antitrust
  • Cash-out mergers