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  • New rules for reverse convertible or exchangeable notes
  • The Hong Kong Stock Exchange has listed on its own exchange with the help of Allen & Overy. Hong Kong Exchanges and Clearing (HKEx) was created last year by the merger of the stock exchange, the futures exchange and their associated clearing houses.
  • Debevoise & Plimpton is the latest US firm to gain at the expense of the SEC. Kenneth Berman, associate director of the SEC's Investment Management division, will join Debevoise's Washington practice as partner in August after 12 years with the commission.
  • Simmons & Simmons has been advising US online retailer priceline.com in its strategic alliance with Hutchison Whampoa.
  • 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.
  • Cormac Kissane of Brown & Wood in London explains the structure of KBC Bank's innovative CLO transaction and looks at the consequences for the European market
  • Amendments to Polish energy law
  • The new French Electricity Act
  • Mid-July saw the largest Turkish initial public offering (IPO) to date with Turkcell's floatation on the New York and Istanbul exchanges. The 11% stake in the company released in the IPO raised a total of $1.7 billion, valuing the company at approximately $16 billion.