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  • metronet-may03.gif
    Freshfields, Camerons and Ashursts close London Underground project
    After a five and a half year struggle, Freshfields Bruckhaus Deringer, CMS Cameron McKenna and Ashurst Morris Crisp have closed the biggest project financing of 2003 so far.
    April 30 2003
  • Court ruling clarifies limits to takeover tie-ups
    The Delaware Supreme Court handed down a ruling last week that will make it harder for bidders to lock companies into binding merger agreements.
    April 30 2003
  • New FSA chairman named
    Chancellor Gordon Brown, the UK's finance minister, has named Callum McCarthy as the new chairman of the country's finance regulator, the Financial Services Agency (FSA).
    April 30 2003
  • euflag-may03.gif
    Warm response to Europe's capital adequacy proposals
    Banks have reacted positively to the European Commission's proposals on the forthcoming Capital Adequacy Directive (CAD III), and the opportunity for early dialogue.
    April 30 2003
  • McDonough to head new US accountancy regulator
    The Securities and Exchange Commission (SEC) announced on April 15 that it had nominated William McDonough to lead the new body overseeing the accountancy profession in the US.
    April 30 2003
  • lane-may03.jpg
    SEC to look at corporate democracy
    The Securities and Exchange Commission (SEC) delighted shareholder rights advocates and dismayed many companies in April by announcing that it is to review proxy rules with a view to improving corporate democracy.
    April 30 2003
  • Cutting edge - close up: ABN Amro opens Chinese funds industry
    The first acquisition of a Chinese fund management company by a foreign investor could pave the way for greater market access and wider industry reform. May Qian and Leigh Schulz of Linklaters, reveal how the deal was done
    April 30 2003
  • Hungary
    Government decree 12/2003 on the non-judicial enforcement of liens, pledges and mortgages (collectively referred to as charges) provides detailed regulations awaited by the banking industry since September 1 2001 when the Civil Code established the basic rules of non-judicial enforcement. The Decree became effective from March 1 2003.
    April 30 2003
  • Azerbaijan
    A recent decree of the Cabinet of Ministers of Azerbaijan linking registration requirements for foreign companies for the purposes of the Ministry of Taxes and the Ministry of Justice may have useful applications wider than those originally envisaged by its drafters.
    April 30 2003
  • First Czech PPP deal collapses
    The Czech government has abandoned plans to build a highway using what would have been the country's first public private partnership (PPP) infrastructure deal.
    April 30 2003
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