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  • The UK mobile phone retailer Carphone Warehouse has decided to float on the London Stock Exchange, with a valuation that could reach as high as £2 billion ($3 billion).
  • Kyung Wook Hur, director of the international financial policy Pision of the Korean Ministry of Finance and Economy, is circling the globe to promote investment in Korea.
  • Coudert Brothers will complete its withdrawal from Vietnam later this year when it closes its Hanoi office. Last year it closed its Ho Chi Minh office.
  • The US Competitive Telecommunications Association (CompTel) has warned the US Chamber of Commerce in Taiwan that it must support CompTel's recommended local telecom reforms, ensuring Taiwan conforms to WTO commitments.
  • Palo Alto's Wilson Sonsini Goodrich & Rosati sat across the table from New York's Sullivan & Cromwell to advise on the Nasdaq IPO of India's Rediff.com.
  • The Ministry of Justice in China has granted White & Case a licence to open an office in Shanghai. This will be the firm's first office on the Chinese mainland. Until now the firm has operated its China practice from Hong Kong.
  • A choice collection of firms from New York, London and Beijing advised on China Unicom's $4.9 billion Hong Kong and New York IPO. It is the biggest ever Asian IPO outside of Japan.
  • Tax partner Joe Doloboff has left Skadden Arps Slate Meagher & Flom to become the co-director of Ernst & Young's US West Coast tax practice. Doloboff is the first partner that Skadden Arps has lost to a big five firm.
  • Lovells Frankfurt hires asset finance partner
  • Partners at White & Case and German firm Feddersen Laule Ewerwahn Scherzberg Finkelnburg Clemm voted last month to merge the two firms with effect from July 1. The move is the first significant merger between a US and German firm and is the largest strategic move into Germany from the US since Shearman & Sterling arrived in the early nineties.