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Linklaters advised ING Bank on the establishment of its €40 billion global-issuance programme. The new programme consolidates ING Bank's previous note issuance and is structured to comply with the EU Prospectus Directive. The programme allows ING to issue a variety of securities: MTNs, share-linked notes, index-linked notes, exchangeable notes, inflation-linked notes, fund-linked notes, credit-linked notes and warrants. The Linklaters team was led by partner Richard Levy. Loyens & Loeff advised on Dutch taxation matters.

Michael R Tsibris of Moussas & Tsibris provides an overview of merger and acquisition processes in Greece and highlights recent legislative developments

Nicholas Moussas of Moussas & Tsibris says criminal proceedings can be just as effective as civil action when protecting industrial property rights in Greece

Greece has drafted legislation to implement the latest EC competition directive. Constantine Lambadarios and Melina Katsimi of Lambadarios and Associates outline the changes

Michael Parshall and Jonathan Swain explain how a Takeovers Panel decision in Australia is set to force disclosure of cash-settled equity swaps in some M&A transactions

When Portuguese companies need money to invest in new technology or overseas expansion, they often rely on bank loans or EU funds administered by the government.

The government of India has launched Phase II of providing FM radio services for 336 broadcasting stations across 90 cities. To encourage private FM industry, the government of India has permitted players to migrate from the current licence fee structure to a 4% revenue-sharing regime. New participants would pay a one-time entry fee through a closed bidding process.

The central challenge of China's corporations is to deliver results that will satisfy an ownership base that is increasingly comprised of institutional investors. Unlike most of the OECD, China has to reconcile from the outset the twin demands of corporate managerial risk-taking, which is the essence of robust economic growth, and institutional investor prudence, the main pillar of which is liquidity of investment (at least in the same currency).

The House of Lords has reversed Siebe Gorman, the landmark case on establishing a fixed charge, meaning that there is no longer a simple way for a clearing bank to take an effective fixed charge on book debts. By Geoffrey Yeowart

Simon Tortell explains the reforms Malta must make to ensure compliance with the Directive