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  • Brazilian oil company Petroleo Brasileiro, known as Petrobras, has completed the country's largest ever international equity issue. The deal, one of the biggest ever stock sales in Latin America, was a coup for Mattos Filho, Veiga Filho, Marrey Jr, Moherdaui e Quiroga Advogados, the only national firm involved in the deal.
  • Glen Scarcliffe, Cleary Gottlieb
  • Simmons & Simmons and Clifford Chance have advised Korea Asset Management Corporation (Kamco) on its first international securitization. Clifford Chance advised Deutsche Securities and Warburg Dillon Read, the joint lead managers, and Simmons advised Kamco.
  • Weil Gotshal & Manges has lost its second head of banking in eight months. James Chesterman, who has been with Weil Gotshal's London office since 1995, is leaving to become banking partner at Latham & Watkins.
  • Leading multinationals are lobbying the Chinese government in an attempt to create positive Internet rules for the development of China's e-commerce industry. The coalition of companies hopes to prevent stringent legislation from hampering e-commerce growth.
  • Duane Quiani
  • The head of Cameron McKenna's Hong Kong corporate finance practice, along with several of his team, is heading for Brown & Wood. According to Cameron McKenna, the firm is refocusing its corporate practice in an attempt to win more lucrative cross-border M&A and securities deals.
  • Michael Taylor, Norton Rose
  • Thomas Reid, one of Davis Polk's London partners, has left the firm in favour of long term client Morgan Stanley Dean Witter. Reid has become managing director in the corporate finance services department of the bank, and will continue to focus on initial public offerings and other capital markets products. Unlike many lawyers who move in-house Reid has left legal practice behind, but says he is not aware of missing his old profession just yet.