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  • Introduction of Limited Liability PartnershipsLandwell, London
  • Simmons & Simmons is the latest UK firm to boost its securitization capability in Asia, hiring one local specialist and relocating two lawyers to Hong Kong. Among the new faces, Simmons has hired the head of the Bank of Tokyo Mitsubishi's Asia Pacific securitization group.
  • At a time when Germany is pressing ahead with the development of an energy derivatives market, its banking regulator has issued a statement calling for more stringent regulation of traders. Jörg Fried and Frank Herring of Oppenhoff & Rädler, Linklaters & Alliance, discuss how recent events have highlighted the need for clearer guidelines
  • PolyMirae’s dual currency $184 million equivalent limited recourse financing is Korea’s first international project financing. Ashley Wilkins and Francois Favret of SG Asia and Huw Jenkins, Alisha McPherson and Valerie Hoong of Clifford Chance describe the deal
  • Adopting transfer pricing lawBaker & McKenzie, Almaty
  • New rules for reverse convertible or exchangeable notes (II)KPMG Legal Advisers, Brussels
  • Participation of non-Finnish persons in shareholders’ meetings to be facilitatedRoschier-Holmberg & Waselius, Helsinki
  • New rule for merger disclosureSmith Lyons, Toronto
  • The $45 billion mega-merger between General Electric Company and Honeywell International, the largest ever industrial acquisition, has attracted a crowd of interested firms. Arnold & Porter has deployed a heavyweight team of antitrust lawyers to advise General Electric, led by firm chairman Michael Sohn and including head of antitrust William Baer. Clifford Chance has been retained for competition work outside the US and Canada. Simon Baxter, Chris Bright and Marlene Van Kerckhove lead a team including lawyers from London, Brussels, Budapest, Prague and Warsaw.
  • Pay rises at law firms to counter the threat of losing lawyers to other industries are causing expenses to rise faster than revenues, according to a November survey.