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  • On July 5 Kaili become the first company to sue the China Securities Regulatory Commission – and the first to win. Jingzhou Tao and Zhao Yong of Coudert Brothers, Beijing, look at the implications of this historic case
  • Jerome Cohen, the first foreign lawyer to enter China in 1979, discusses China’s ability to comply with the legal requirements of WTO entry and sees a sometimes difficult road ahead
  • In July the Supreme People’s Court of China issued an explanation to help guide lower courts through the maze of domain name disputes. William Farris, Latham & Watkins Hong Kong, discusses the PRC’s progress
  • The final report of the Department of Trade and Industry's (DTI) Company Law Review was published on July 26 2001. The report is a major undertaking which lays down a blueprint for reform and modernization of UK company law. Among other things the Review recommends:
  • On March 23 2001, the Swiss parliament passed a bill revising the legislation on consumer credits. The deadline for a referendum having run out on July 12 2001, the bill has overcome the most important obstacle to its becoming law. According to government plans, the new legislation will come into force on January 1 2003.
  • Ireland has followed the lead of other European jurisdictions by proposing covered bond legislation based upon the model of the German Pfandbriefe legislation. The Asset Covered Securities Bill is expected to be enacted into law in the last quarter of 2001.
  • The New Economic Regulations Act (loi sur les Nouvelles Régulations Economique, or NRE), which came into force in May 2001, has introduced a wide range of provisions to strengthen the legislative framework in the fields of competition law, company law and banking law.
  • Cadwalader, Wickersham & Taft 55 Gracechurch Street
  • 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
  • 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