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  • US Steel, the largest steel-maker in the US, has bought the Slovakian steel group Vychodoslovenske Zeleziarne (VSZ) for $475 million. The deal represents the second-largest acquisition in Slovakia's history.
  • Mayer Brown & Platt has advised on the $40 million syndicated project financing of the Julietta gold mine in Eastern Siberia. The deal is thought to be the first Russian mining project to be funded by commercial banks.
  • US firm Baker & McKenzie worked hard to overcome local insolvency laws as adviser to the lead arrangers on a recent $410 million project financing in Oman. The financing will be used to build around 1,000 kilometres of gas pipelines.
  • Baker & McKenzie's Hong Kong office has won a place on China Mobile's acquisition of seven mobile-telephone networks. Freshfields, which advised on the two previous acquisitions, in 1998 and last year, is not involved.
  • The European market has been slow to take advantage of collateralized debt obligation (CDO) issues when compared to the US. In recent weeks, however, two deals have completed which may help open up this potentially lucrative avenue of fund raising.
  • The new rules for Fair Disclosure became effective on October 23, despite calls to set back the implementation date.
  • Law firms in Switzerland are emerging from the shadows of stifling secrecy laws, and 2000 might have seen the start of an influx of foreign firms. But old habits die hard. Rufus Jones reports from Zurich
  • European court causes confusion over corporate location rulesBaker & McKenzie, Frankfurt
  • New circular in relation with the autonomy of the management of collective investment undertakingsKPMG Legal Advisers, Brussels
  • Dutch auction issuer bids find marketSmith Lyons, Toronto