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  • Orrick, Herrington & Sutcliffe and Clifford Chance have acted on a landmark UK asset-backed transaction, completing a £434 million ($641 million) securitization of the government's military aircraft leasing payments. The deal is believed to be the first securitization of military equipment in the UK, and one of the first aircraft securitizations to be governed by English law.
  • Nigel Boardman, Slaughter and May Mobile telecoms group Orange has taken a deep breath and finally launched the prospectus for its flotation this month. And as the offering comes ever closer, the list of law firms advising Orange and its owner, France Telecom, gets longer.
  • Client sues Clifford Chance over conflict
  • Arthur Levitt, the longest serving chairman of the Securities and Exchange Commission in Washington, DC, is to step down in mid-February. While his term of office does not officially expire until 2003, it is common for holders of the post to leave government when a new president takes over.
  • Not so long ago, project finance work for lawyers in Washington, DC didn’t offer much in the way of cutting edge transactions. But with development agencies setting the pace with more – and more complex – projects, there’s plenty of exciting work around for leading firms. Tom Nicholson reports
  • Maples & CalderGeorge Town
  • Davis Polk advises on $1.3 billion stock offering
  • With the economy in a healthy state, the Irish government is looking to develop the country’s infrastructure. The expected goldrush of private public partnership schemes will give a new boost to local firms. But the rich pickings are already attracting the attention of big international firms. Sara Ver-Bruggen reports from Dublin
  • the exercise of discretion in makingbonus payments to employeesLandwell London
  • Improved economic situationNoronha Advogados London