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  • Leading Wall Street firms Simpson Thacher & Bartlett and Wachtell Lipton Rosen & Katz won the lead advisory roles on what is likely to be one of the biggest mergers of 2004.
  • The chairman of the US Securities and Exchange Commission admitted that the regulator faced new controversy last month when it released its latest set of proposals for reform of the mutual funds industry.
  • IFLR is pleased to announce the nominated deals and law firms for its annual awards, reflecting legal innovation across all areas of corporate finance. Winners will be announced at our ceremony at The Ritz-Carlton, Hong Kong, on March 11.
  • Issues of convertible and exchangeable bonds almost doubled in 2003. The European high-yield market had the best year since its inception. And tier I regulatory capital issuance grew by nearly a half. Simon Crompton reports on the leading advisers for each
  • Saudi Arabia has over the past few months revised its income tax regime in an effort to spur foreign investment. These moves are also seen as a step towards accession to the World Trade Organization, a high priority of Crown Prince Abdullah.
  • The Companies (Auditing & Accounting) Act 2003 introduces important changes to Irish company law. The Act is a response to concerns that have arisen in light of international accounting matters and it imposes additional obligations primarily on both company directors and company auditors.
  • A new interpretation of the pari passu clause in cross-border debt says borrowers must pay creditors on a ratable basis. If correct, this would change the patterns of international finance. But this ratable- payment theory is a fallacy. Lee C Buchheit and Jeremiah S Pam explain why
  • Just days after China's banking regulator raised the ceiling for single and aggregate foreign investments in the industry, three investors have signed a landmark deal to buy a combined 24.98% stake in Industrial Bank.
  • Bangkok Bank, Thailand's largest commercial bank by market value, ended 2003 by launching a $907 million public offering of new shares, the largest by a Thai company.
  • To book tables, contact Dan Rabey on +44 (0) 207 779 8142 or email drabey@euromoneyplc.com