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  • Recent developments in capital markets legislation
  • Dutch legislation on public takeover bids
  • Swedish recommendation on mandatory offers
  • Electronic transactions bill
  • Californian firm Morrison & Foerster has poached technology specialist Steven Toronto from Coudert's Beijing office. Toronto will act as managing partner for Morrison's own Beijing office.
  • Argentina's new money laundering act
  • Baker & McKenzie is to become the first large foreign firm to open in Guadalajara, Mexico's second largest city. The firm's fifth office in the country and 61st world-wide will have five lawyers. Edmundo Elias-Fernandez will take charge, working closely with the firm's 120 local lawyers.
  • Telecom Italia has sold off an 81% stake in its software subsidiary, Italtel, to an investor group led by internet group Cisco Systems and the US private investment group Clayton Dubilier & Rice (CD&R). The cost is put at $760 million.
  • So far no top firm has followed Clifford Chance’s January 1 lead and completed a transatlantic merger. But as non-US firms in New York rapidly seek to build their US practices, behind the scenes negotiations are taking place at a frenzied pace. Tom Nicholson reports
  • Hong Kong's new economy is driven along by old money. This suits lawyers just fine, of course, because it means that established old economy clients can drag them effortlessly into new economy work.