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  • Clifford Chance has advised on the UK's largest multi-loan commercial mortgage securitization, which continues a trend that will see European issuance this year well above 1999's $9.6 billion.
  • UK firm Norton Rose has lost its second partner to a multi-disciplinary partnership (MDP) in recent weeks. Celia Gardiner, a banking partner, has left to head up the banking team at PricewaterhouseCoopers' (PWC) legal arm, Landwell. She follows in the footsteps of capital markets head Gilles Thieffry who left Norton Rose to join Garretts, Andersen Legal's UK member firm.
  • Foreign investors to file tax return upon transfer of ownership of investmentsGómez Pinzón & Associados, Bogota
  • Brobeck Hale & Dorr adds to tech IPO list
  • Toronto law firm Miller Thomson has merged with Swinton & Company from Vancouver, which specializes in securities law.
  • White & Case's Frankfurt office has lost two partners to Lovells Boesebeck Droste. Oliver Kessler is a securities partner and Thomas Schrell a corporate partner. Both have had short tenures at White & Case, Kessler having arrived in June 1999 from Wessing Berenberg-Gossler, and Schrell having joined from then-Freshfields Deringer in late 1999.
  • 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.