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  • 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.
  • 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
  • Norton Rose has acted for France Télécom's internet operation Wanadoo on the $2.4 billion acquisition of UK Internet provider Freeserve.