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  • 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
  • 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.
  • Denton Wilde Sapte has completed a three year transaction which could provide natural gas for the first time to customers in Mozambique and South Africa. Denton advised Mozambique's state-owned oil company ENH on the $1.8 billion joint venture with SASOL, a South African synthetic fuel and chemicals group, which will enable them to develop Mozambique's two natural gas fields.
  • Australia and New Zealand are no longer as isolated as their far-flung locations would suggest, but their lawyers are still struggling to stay in the race for globalization. Nick Ferguson reports from Sydney and Auckland on how being big and being good may not be enough if firms’ strategies are not clear