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  • Cleary Gottlieb Steen & Hamilton and Clifford Chance have secured euro 4.5 billion ($4.1 billion) worth of funding for two deals in one of the biggest business acquisitions in Germany.
  • Franco Vigliano
  • Shearman & Sterling has finalized the $440 million financing of a third international passenger terminal at Manila's Ninoy Aquino International Airport.
  • Credit Suisse First Boston (CSFB) has appointed Gary Lynch, a partner at Davis Polk & Wardwell and former head of the SEC's enforcement division, as its new global general counsel.
  • Dozens of companies have taken advantage of temporary trading rules, introduced after the terrorist attacks on the US, to buy back their own shares.
  • The Brazilian senate has approved legislation to protect minority shareholders. The Corporations Law Reform Bill, which was passed on September 20, will also grant the country's securities and exchange commission, the CVM, increased independence from the government.
  • Mayer, Brown & Platt is set poach three partners from its German rivals, after taking its new banking and finance head from Clifford Chance Pünder.
  • On August 16 2001 the Finnish Financial Supervision Authority (FSA), the authority supervising the Finnish securities market, issued an official statement regarding the use of agents in offering banking and investment services. The FSA has reviewed its views on the outsourcing of certain operations of investment firms and credit institutions. This statement replaces a previous statement issued in February 1999.
  • The statute of August 10 2001 on modifications of the Belgian of workmen's compensation insurance system was published in the Belgian Official Gazette of September 7 2001 and entered into force on September 17.
  • Davis Polk & Wardwell has advised Deutsche Telekom on US aspects of the company's sale of six regional cable television companies in Germany to Liberty Media Corporation. The transaction is valued at approximately euro 5.5 billion ($4.9 billion).