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  • By David Thorp, BVCA chairman and managing director, Friends Ivory & Sime Private Equity plc
  • A year of rapid law firm consolidation, which kicked off with the January 1 2000 merger of Clifford Chance and New York's Rogers & Wells, is making life increasingly tough for smaller firms.
  • Central Department Reform and Non-Action Letter by FSAKomatsu, Koma & Nishikawa, Tokyo
  • Allen & Overy appoint new Moscow managing partner
  • Latham & Watkins's Singapore and Hong Kong offices represented the shareholders in Sithe Pacific's $490 million sale of plant assets and investments in Thailand. Freshfields represented Tractabel.
  • Lovells is the latest UK firm to make a play for the Dutch legal market, announcing a merger with Amsterdam firm Ekelmans Den Hollander. The addition of the Dutch firm, which has 40 lawyers and 13 partners, brings Lovells' European partnership to 233.
  • China’s first comprehensive attempt to regulate its telecoms industry represents another firm step towards World Trade Organization (WTO) accession. Xiangmin Xu and Chlorophyll Yip of Clifford Chance, Hong Kong, explain the new framework for operational licensing, interconnection, the setting of telecoms charges and standards of telecoms services
  • ETSA Utilities, the recently privatized entity that acquired South Australia’s electricity distribution network, has led the way in Australia in the use of the public debt markets for non-recourse financing. David Olsson, a partner at Mallesons Stephen Jaques, discusses the challenges in financing long-term infrastructure leases in the capital markets
  • After 14 years of negotiations, China has reached the final stage of its admission to the World Trade Organization (WTO). As a result China has promised to lift many, but not all, restrictions imposed on foreign investment in its insurance industry. Andreas Lauffs and Andrew Ning of Baker & McKenzie, Hong Kong analyze the scope of China’s concessions
  • NASD, NYSE and SEC to adopt new disclosure rules for TV and radio stock recommendationsLandwell, London