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  • A consortium of five international banks, represented by Milbank, Tweed, Hadley & McCloy, came to the rescue of a Philippines power project in November, offering a bridge loan of $154 million.
  • Malaysia launches Eurobond issue
  • Dan Peel, White & Case The Croatian food and retail company Agrokor has received a $159 million financing package from a banking syndicate led by the European Bank for Reconstruction and Development (EBRD). The deal is the largest ever industrial financing in Croatia.
  • Benedikt Burger of Hölters & Elsing, Frankfurt, examines the legislative framework governing joint ventures in Germany at a time when they are becoming increasingly popular
  • Kiwi Bank: the people's bank
  • Bank loans deemed void for usurious interestStudio Legale Beltramo, Rome
  • Davis Polk & Wardwell has advised two power producers, one French and one from the US, in their acquisition of Brazilian electric distribution company Light Servicios de Electricidade.
  • A panel of securities lawyers from a number of Asia Pacific countries consider a hypothetical multi-jurisdictional offering of debt securities via the internet. The fictional issuer, Ebiz.com, seeks advice on conflicting disclosure requirements and the responses of securities exchanges and national and international securities depositories and clearing systems
  • Akin, Gump, Strauss, Hauer & Feld has completed its biggest ever expansion, snapping up 61 lawyers from Los Angeles firm Troop Steuber Pasich Reddick & Tobey. The deal comes not a moment too soon for Troop Steuber, which has been looking for a suitable merger partner for some months.
  • Tom Glocer The newsgroup Reuters has appointed one of its former in-house legal team as the company's new chief executive. Tom Glocer will take over from the present chief executive Peter Job in July 2001.