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  • Former UK Ernst & Young-affiliated firm Tite & Lewis has merged with English law firm Lawrence Graham. Its five partners and 15 other lawyers specialize in corporate, outsourcing and real estate law. The hires expand the Lawrence Graham partnership to 93. The firm aims to grow its corporate and real estate practices and build a profile in the outsourcing and IT area.
  • A withholding tax exemption for UK and US financial institutions that provide debt finance to Australian companies is a welcome advantage in a market where more and more issuers are raising funds offshore. Teresa Dyson and Anna-Maria Stephens explain
  • In the first of two articles on private equity investment in China, Jack Lange tells investors how to structure deals to make the exit process as smooth as possible
  • The tightening of controls in the financial sector has prompted money launderers to seek other methods for concealing the origin of proceeds of crime. In particular, there is a trend towards the increased use by money launderers of non-financial business.
  • The Austrian parliament recently introduced a draft bill amending certain provisions of the Austrian Stock Exchange Act (Börsegesetz - BörseG) and the Austrian Securities Supervision Act (Wertpapieraufsichtsgesetz - WAG). It will implement, among others, EU Directive 2003/6/EC on insider dealing and market manipulation (market abuse) (the Directive) and repeal the existing framework (§§ 48a to 48c BörseG) in favour of a more elaborate regime.
  • The outgoing European Commission has proposed a directive to make it easier for public companies to alter the size, structure and ownership of their capital.
  • To date mortgages have not been a popular method of securing obligations in Russia for three main reasons.
  • In an attempt to increase certainty for investors in emerging market debt, trade bodies have endorsed a standard form of collective action clauses (CACs) governed by English law.
  • Data privacy is often forgotten during mergers and acquisitions, exposing buyers and sellers to private claims as well as public penalties. Wim Nauwelaerts explains
  • Two Spanish and three international law firms have benefited from roles on the initial public offering (IPO) of Spanish company Cintra Concesiones de Infraestructuras de Transporte (Cintra), the largest in Spain since 2001.