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  • 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.
  • Allen & Overy appoint new Moscow managing partner
  • 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.
  • 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.
  • 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
  • Foreign capital in the Brazilian financial systemNoronha Advogados, London
  • Partial elimination of stamp duty on securities dealingWenger Vieli Belser, Zurich
  • 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.
  • Cleary Gottlieb Steen & Hamilton has put together a secondary offering for Reed Elsevier enabling the company to raise $1.7 billion and expand its shareholding base without making a rights issue to existing investors.