Search results for

Allen & Overy and Linklaters have teamed up with two Finnish law firms to work on a €1billion ($1.75 billion) cross-border brewery merger. Partner Matthew Middleditch is leading a Linklaters team working with local counsel Dittmar & Indrenius to advise Scottish & Newcastle on its conditional takeover offer for Hartwall, Finland's leading beer and soft drinks company. The Scottish & Newcastle brewing group includes the UK's Scottish Courage, France's Brasseries Kronenbourg and Belgium's Alken Maes. Hartwall's portfolio includes Finland's most popular lager, Lapin Kulta.

In the wake of the Enron collapse, the US Securities and Exchange Commission (SEC) has been quick to put forward proposals to improve accounting and financial disclosure, in the hope of preventing any future disasters. Leslie Silverman and Mark Adams of Cleary, Gottlieb, Steen & Hamilton, New York, and Sebastian Sperber and Robert Williams in Hong Kong review the SEC’s statements and explain how companies should react when preparing financial disclosure press releases and reports filed with the Commission

The chairman of the UK Financial Services Authority (FSA) has called for increased due diligence on credit derivatives deals to prevent litigation over possible legal flaws.

European capital markets team of the year: Linklaters & Alliance Project finance team of the year: Allen & Overy Cross-border M&A team of the year: Shearman & Sterling Structured finance team of the year: Clifford Chance Capital markets team of the year - France: Cleary, Gottlieb, Steen & Hamilton Capital markets team of the year - Italy: Grimaldi Clifford Chance Capital markets team of the year - Germany: Hengeler Mueller Capital markets team of the year - Spain: Uría & Menéndez Capital markets team of the year - UK: Allen & Overy Central and eastern European team of the year: Linklaters & Alliance Equity deal of the year: Orange

While the EU prevaricates about key areas of corporate and capital markets legislation, France has been pushing to reform its domestic rules to free itself of old fashioned restrictions. Thomas Williams reports on the progress made, that still to come and how lawyers are making the most of the new rules

Shearman and Freshfields team up for $505 million private equity deal

A new law was introduced on June 21 2001 to regulate international arbitration proceedings in Turkey. The new International Arbitration Law No 4686 is a supplement to the existing domestic arbitration regulation, which is set out in the Code of Civil Procedure (CCP). The Arbitration Law was enacted in parallel with the general trend towards liberalization of international arbitration legislation globally.

In a recent decision, the Ontario Securities Commission(OSC) "killed the pill" put in place by coffee shop chain Second Cup to block the hostile takeover bid by Cara Operations.

Corporate governance has become a fashionable term in Switzerland in recent times. Nonetheless, there is no legal definition of the term under Swiss law. Corporate governance rules are increasingly found in various enactments, such as the Swiss Federal Code of Obligations (company law) or the Federal Law on Stock Exchanges and Securities Trading and the listing rules based thereon.

A provision of the Bank of Italy dated November 31 2002 has finally set out rules for authorization to trade in units of common investment funds not established pursuant to the relevant EU regulation (including Directive 85/611/EEC relating to undertakings for collective investment in transferable securities, the so-called UCITS Directive). These are referred to as non-harmonized funds.