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  • Euronext: a strategic move towards one European Stock Exchange
  • Limitations on the authority of the competition commission
  • It had become an article of faith that the US Securities and Exchange Commission would never accept non-US financial statements unless reconciled to US standards. Sara Hanks of Clifford Chance Rodgers & Wells discusses the SEC's latest release on accounting disclosure which could lead to a flood of new issuers entering the US markets.
  • Akin, Gump, Strauss, Hauer & Feld has expanded its corporate practice team in Washington DC with two Korea-focused partners. Jaemin Park and Jay Cohen joining from New York's Brown & Wood.
  • Australian firms benefited in 1999 from record levels of mergers and acquisitions, and none gained more than Freehill Hollingdale & Page. Figures compiled by Thomson Financial Securities Data show Freehills once again topped the tables, advising on 129 transactions worth more than A$23.7 billion. That represents 42% of the total market.
  • Allen & Overy is set to offer its clients Japanese legal advice. According to bar rules foreign firms cannot directly offer Japanese advice, but Allen & Overy is setting up a joint venture with a local firm.
  • US firm Sullivan & Cromwell has boosted its M&A capability in its London office by relocating a highly-rated M&A partner from New York, together with two colleagues. Neil Anderson has arrived in the UK, gaining the title of head of the firm's European M&A practice. Joining him from New York is fellow M&A partner George Sampas and litigation partner Ted Edelman.
  • Brown & Wood corporate and securities partner Michael Schiavone has joined the New York office of Shearman & Sterling. He specializes in new product development, financial institutions and telecommunications companies.
  • Hubert Blanc-Jouvan of Allen & Overy, Paris argues that without reforms French companies are prevented from freely investing in certain categories of securities outside France
  • Linklaters & Alliance has added four corporate lawyers to its expanding Madrid office. The four lawyers include Ignacio Santillán formerly head of legal at the SCLV-trading and settlement body for the Spanish stock exchanges and wholesale private debt market, AIAF. Santillán was also an adviser to the CNMV, Spain's securities regulator.