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  • While Clifford Chance has suffered a setback, Baker & McKenzie has finally won its own joint law venture licence (JVL). The firm's original application needed to be resubmitted thanks to its dual-partnership system with local entity Wong & Leow which ran foul of the JVL terms.
  • 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.
  • The International Swaps and Derivatives Association (ISDA) issued its "Operational Regulatory Approach Discussion Paper" in October. The paper was complied in co-operation with ISDA member firms and argues that regulatory appraisal of operational risk management by financial institutions should include a set of qualitative criteria.
  • Allen & Overy ul. Zelazna 28/30
  • Morrison & Foerster's China practice continues to expand. The firm's west coast credentials are proving so attractive to hi-tech clients with operations in the mainland that MoFo is having to hire new bodies to cover the demand.
  • Corporate departments in central European law firms are enjoying a slew of mergers and acquisitions, but capital markets lawyers are slugging it out in a tight and ever-developing market. Rufus Jones reports
  • What do you do if you are a successful Thai company wanting to access greater capital supplies and build a global rather than just a regional reputation? Melisa Uremovic, of Coudert Brothers in Bangkok, examines the regulatory issues that will arise for Thai companies preparing for a US and, in particular, a Nasdaq listing
  • The Securities and Exchange Commission has finally adopted the much-discussed Regulation FD – but not in its entirety. Paul Bird and Paul Brusiloff of Debevoise & Plimpton examine the new regulation and how it has been modified to reflect market criticisms