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  • Baker & McKenzie has advised on the latest stage in the privatization of Poland's Telekomunikacja Polska (TPSA). The deal is the second round in the sell-off of the company, under which a 35% stake was bought by a consortium of France Telecom and Kulczyk Holding. At $4.3 billion, the deal is eastern Europe's largest privatization and mergers and acquisitions transaction to date.
  • Singapore has officially opened up its market for legal services, with the government inviting foreign lawyers to practise Singapore law. Nick Ferguson looks at how foreign firms have been preparing for their grand entrance
  • Glen Scarcliffe, Cleary Gottlieb
  • Simmons & Simmons and Clifford Chance have advised Korea Asset Management Corporation (Kamco) on its first international securitization. Clifford Chance advised Deutsche Securities and Warburg Dillon Read, the joint lead managers, and Simmons advised Kamco.
  • Weil Gotshal & Manges has lost its second head of banking in eight months. James Chesterman, who has been with Weil Gotshal's London office since 1995, is leaving to become banking partner at Latham & Watkins.
  • Rodrigo Nascimbeni of Pinheiro Neto - Advogados reviews the new rules and prospects for the BDR market
  • The interaction between the internet and world stock markets is easily seen in the fortunes made (and lost) from volatile dot.com shares. But as Nancy Leigh of Baker & McKenzie, Hong Kong, explains, the net is also helping reshape the structure of the securities industry
  • Since introducing the International Collective Investment Schemes concept last May, Cyprus has been active in refining the regulations governing their use. Constantinos Adamides, Adamos K Adamides & Co examines the latest developments
  • Japanese lawyers are opposed to the outcome of a government-commissioned legal report, which recommends partnerships with foreign firms for the sake of the economy. The Corporate Legal System Study Group, set up under the Japanese Ministry of International Trade and Industry, has identified areas for legal services reform. Highlighting the globalization of the economy, the report said: "The current judicial system is incapable of adequately supporting the activities of enterprises."