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  • Germany signs up for e-commerce bill
  • White & Case has helped the Slovak government to complete the privatization of the Slovak Republic's state monopoly telecommunications company. The deal was signed on August 4 when Deutsche Telekom bought a 51% stake in the company, Slovak Telekom, for euro 1 billion ($900 million).
  • Andersen Legal has created Brazil's first combined legal and auditing practice. Thiollier, Pinheiro e Branco Advogados formally started operations on August 4 with the merger of Andersen Legal firm Branco Advogados Associados and local firm Thiollier e Pinheiro Advogados. The merger had been opposed by some Brazilian firms, which argued that a combined accountancy and legal practice would cause client conflict and referral problems.
  • Angela Clist, Allen & Overy
  • Bill Tudor John
  • The Securities and Exchange Commission has hired the managing partner of Pillsbury, Madison & Sutro's Washington, DC office.
  • Lon Bouknight, Steptoe
  • Law firms in Germany are rubbing their hands at the prospect of the London and Frankfurt iX merger, and many have been limbering up over the last six months with a host of landmark deals. Rufus Jones reports from Frankfurt
  • US financial institutions fear they will be exposed to more lawsuits following the adoption of new disclosure rules by the Securities and Exchange Commission (SEC).
  • Although the privatization process began in Turkey in the early 1980s, it has accelerated recently as a result of the IMF and World Bank-sponsored economic reform program. Within the framework of this program, a decree (the decree) was enacted in July to start the privatization of Türkiye Vakiflar Bankasi (Vakif Bank). This privatization is the first step in what is expected to be a radical restructuring of the public banks in Turkey.