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  • Union Bank of Switzerland (UBS) group general counsel Urs Roth has had to deal with more pressure in the last 10 years than most in-house lawyers deal with in a lifetime. Roth talks to Rufus Jones about a life less ordinary in one of the world’s biggest banks
  • Corporate divisionsKomatsu, Koma & Nishikawa, Tokyo
  • US Steel, the largest steel-maker in the US, has bought the Slovakian steel group Vychodoslovenske Zeleziarne (VSZ) for $475 million. The deal represents the second-largest acquisition in Slovakia's history.
  • Mayer Brown & Platt has advised on the $40 million syndicated project financing of the Julietta gold mine in Eastern Siberia. The deal is thought to be the first Russian mining project to be funded by commercial banks.
  • US firm Baker & McKenzie worked hard to overcome local insolvency laws as adviser to the lead arrangers on a recent $410 million project financing in Oman. The financing will be used to build around 1,000 kilometres of gas pipelines.
  • Baker & McKenzie's Hong Kong office has won a place on China Mobile's acquisition of seven mobile-telephone networks. Freshfields, which advised on the two previous acquisitions, in 1998 and last year, is not involved.
  • Orange, the mobile telephone company, is set to launch one of the world's largest initial public offerings (IPO) early next year. If it succeeds it will be with the help of Freshfields and Slaughter and May.
  • The European market has been slow to take advantage of collateralized debt obligation (CDO) issues when compared to the US. In recent weeks, however, two deals have completed which may help open up this potentially lucrative avenue of fund raising.
  • The new rules for Fair Disclosure became effective on October 23, despite calls to set back the implementation date.
  • Australia's law firms are among the most profitable in Asia. They are sophisticated, large and close to southern Asian markets such as Indonesia and Malaysia. At first glance it is no surprise then that rumours of international mergers persist.