Search results for

Song-Il An and Je Won Lee of Lee & Ko discuss the Korean legal issues relating to a financial institution's participation in a private equity fund

Wachtell Lipton Rosen & Katz and Sullivan & Cromwell advised the New York Stock Exchange (NYSE) on its headline-grabbing acquisition of electronic trading system Archipelago. When completed, the deal will enable the NYSE to become a public company and might spell the end of its 200-year old floor-based auction trading system. O'Melveny & Myers also advised the NYSE with Sullivan & Cromwell representing Archipelago.

Ben Moshinsky looks back over 12 months in which retail investors remained nervous and the equity markets stayed quiet but securitization continued to grow

In one of the largest Austrian deals of the year, Cerha Hempel Spiegelfeld Hlawati advised OMV in the sale of its subsidiary Agrolinz Melamine International to the Abu Dhabi-based International Petroleum Investment Company. M&A partners Clemens Hasenauer and Albert Birkner led the team advising OMV on the deal, which was worth €241 million. A team fromHadef Al Dhahir & Associates in Abu Dhabi represented IPIC. DLA Weiss-Tessbach Rechtsanwälte advised IPIC in Austria. Hilmar Kroat-Reder acted as OMV's in-house counsel on the transaction and David Forbes led the in-house team at IPIC group.

The Turkish budget for 2005 came into force on January 1. The budget fixes expenditure for 2005 at about NTL154 billion ($115 billion), against expected revenues of about NTL124.3 billion ($93 billion). The difference between expenditure and revenue will be funded through borrowings.

Defence lawyers have hailed the Supreme Court's ruling in Dura Pharmaceuticals for restricting securities fraud litigation. William Sullivan and Tracey DeLange, counsel to Dura, argue that the ruling is also good for the economy

The implementation of the Directive on Financial Collateral Arrangements in Spain has improved the legal framework for lenders. Gabriel Núñez and Juan Martín Perrotto explain

To meet the deadline for transposition of the EU Prospectus Directive, legislation aiming to implement the Directive into the 1995 Act on the Supervision of the Securities Trade (Wte 1995) was submitted to Dutch parliament in March 2005. A consultation document describing the necessary amendments to the 1995 Decree on the Supervision of the Securities Trade (Bte 1995) has also been published and a similar document for the Exemption Regulation relating to the Wte 1995 is expected shortly.

Europe’s overhaul of the way securities are traded must balance market efficiency with competition for trading between banks and stock exchanges. Peter Gomber and Jochen Seitz look at how new rules will do that

Dale Gabbert looks back over the history of Ucits legislation and argues for a more liberal approach when the European Commission carries out its promised review of the law later this year