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  • Cadwalader, Wickersham & Taft 100 Maiden Lane
  • The issuance of a guidance note by the Securities and Futures Commission (SFC) in May 2001 clarifying regulatory requirements concerning online marketing and offering of Collective Investment Schemes (CIS) will help to regulate activities that are targeted at Hong Kong investors or are detrimental to the interests of the investing public or market integrity of Hong Kong.
  • Cadwalader, Wickersham & Taft 55 Gracechurch Street
  • More than a year has passed since the inception of Singapore’s seven legal joint ventures – the city state’s first step towards being part of the global legal profession. With one JV down and the others facing the challenges of integration, Nick Ferguson reports from Singapore on the progress made and lessons learned
  • This year’s IFLR international equity survey will make grim reading for firms. The results show what many have feared – that as equity capital markets have collapsed so has the number of mandates for legal advisers. In a crunch market, Linklaters & Alliance and Sullivan & Cromwell have maintained their dominance while others have been stranded by narrow practices and slipped through the rankings. Ben Maiden reports
  • China’s membership of WTO may not be the answer to foreign law firms’ sluggish Asian practices. While 1.3 billion people represents an exciting potential, there is a long way to go before China proves capable of winning the full confidence of major-league investors. Nick Ferguson reports
  • Sullivan & Cromwell has moved one of its senior partners to Frankfurt in a bid to strengthen its financial institutions practice in Europe and expand its local team.
  • With the storm clouds of recession gathering, and teams being slashed back home, US firms might be expected to be retreating into fortress Wall Street to keep out of the rain. Instead, many are counting on a European recovery to balance any losses in the US, and are using London as their base camp. Tom Williams reports
  • US firm Gibson, Dunn & Crutcher is the latest firm to move into Germany, after it confirmed last month that it was the mystery firm hiring the four partners that resigned from BBLP Beiten, Burkhardt Mittl & Wegener in July. At the same time, accountancy firm KPMG has denied reports that its local legal arm is to merge with the beleaguered German firm.
  • Willkie Farr & Gallagher is strengthening its corporate and tax practices in Milan, hiring two Italian partners and two mergers and acquisitions (M&A) lawyers scarcely 20 months after they spurned PricewaterhouseCoopers' Landwell network for the flexibility of a local firm.