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  • Lazard sells one-month old Astra stake
    Singapore's Cycle and Carriage (C&C), which last month led a consortium to buy a $506 million stake in Indonesia's leading car-maker Astra, is now in talks to buy an additional 3.9% stake - 103 million shares - from its fellow consortium member, Lazard Fund Asia.
    May 31 2000
  • Deacons dumps Graham & James
    Deacons and Graham & James have called an end to their 10-year association. As of July 1 Deacons Graham & James will cease to exist. They are parting company after coming to a "crossroad in [their] respective strategies", said Mark Roberts, Deacons' managing partner, in a statement to the press.
    May 31 2000
  • Garrigues heads Spanish league as MDPs come under SEC fire
    Garrigues & Andersen has emerged as the firm with the highest revenues in Spain for the second year in succession, according to a report in Spanish newspaper Expansión. The result underlines Garrigues' position as the flagship of the Andersen Legal network and will fuel the intense debate over the future for multi-disciplinary practices (MDPs).
    May 31 2000
  • US regulators’ reach extends into Singapore
    Regulators in Singapore and the US have joined forces to crack down on fraud. The SEC and the Commodity Futures Trading Commission (CFTC) will both work with the Singapore Monetary Authority (MAS) on possible violations of securities and futures rules.
    May 31 2000
  • Conference report: 25th Annual Conference of IOSCO
    Richard Forster reports from the 25th Annual Conference of the International Organization of Securities Commissions (IOSCO)Sydney on how regulators are rising to the challenge of a global market for capital
    May 31 2000
  • Bang Bo signals welcome return of project financing
    Project financiers are tiptoeing back into the Asia Pacific region. And law firms in the area are chasing after their coat-tails. The open-necked polo shirts of Latham & Watkins' west coast dealmakers were clashing recently with the pinstripes of Norton Rose's City gents when the two firms sat across the table to lawyer Eastern Power & Electric's development of the 350MW Bang Bo independent power project.
    May 31 2000
  • New accounting standards for cross-border offerings
    The International Organization of Securities Commissions (IOSCO) has set out 30 accounting standards issued by the International Accounting Standards Committee which its Presidents Committee approved for adoption by IOSCO members at the annual conference in Sydney.
    May 31 2000
  • CMS expands into Switzerland
    CMS Cameron McKenna has announced that it is to include a Swiss firm in its European alliance. Von Erlach Klainguti Stettler Wille is to join the group in June and will adopt the CMS moniker.
    May 31 2000
  • Tender offer rules
    By Luca Picone of Brosio, Casati e Associati in association with Allen & Overy, Milan
    May 15 2000
  • Telecoms
    By Rino Caiazzo, Ughi e Nunziante, Rome
    May 15 2000
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