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  • Brobeck Hale & Dorr adds to tech IPO list
  • Five European law firms are involved in the agreed sale of Spray Networks, the Dutch subsidiary of Sweden's Spray Ventures, to Lycos Europe in one of the first significant steps towards consolidation in the European internet portal industry. The sale is valued at euro674 million ($566 million).
  • Norton Rose has captured the mandate to advise EasyJet, a leading European low cost flight operator, on its forthcoming initial public offering (IPO). The IPO is set to launch in mid-November. One estimate suggests the deal could raise £200 million ($289 million). Partner Mark Lloyd Williams leading the Norton Rose team with fellow partners Richard Baumann in the US and Chris Randall and Jeremy Edwards in London.
  • Lovells recruits Linklaters' international manager
  • The chief litigation counsel at the Securities and Exchange Commission (SEC) has left to return to private practice.
  • US firm Coudert Brothers is planning to merge with Swedish firm Schürmann & Grönberg, its associated Stockholm office, in January 2001. The Stockholm practice was part of German firm Schürmann & Partners and became an affiliate office when its parent merged with Coudert in January this year.
  • Singapore's Wong Partnership has lost one of its top partners, bringing about the end of its short-lived relationship with Clifford Chance. In a statement issued jointly by the two firms, the resignation is mentioned as being a key factor in the decision not to proceed with the joint venture licence (JVL).
  • Nicholas Howson and Hans-Günther Herrmann of Paul, Weiss, Rifkind, Wharton & Garrison, Beijing and Hong Kong, look at the new opportunities and restrictions on outside investors seeking to use local subsidiaries as vehicles to increase their investments in China
  • For five years, the development of the Dutch repo market has been threatened by fears that local law is not consistent with the Global Master Repurchase Agreement. New legislation, however, has been introduced to confirm the validity of such transactions. Willem Rank of NautaDutilh, Amsterdam explains
  • White & Case and French firm Jeantet & Associés have called off their proposed merger. It is a disappointing end to a summer that has seen the US firm add 10 partners to its London practice and secure a merger with German firm Feddersen.