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  • Stock exchange to merge with Brussels and Paris exchanges
  • Derivatives transactions with Hungarian investment funds
  • McCarthy Tétrault, Canada's largest law firm, is to form an alliance with New York firm Fried, Frank, Harris, Shriver & Jacobsen. The relationship will initially involve the Canadian firm have a small team working in Fried Frank's New York office, but may deepen over time. Both firms specialize in M&A and corporate finance.
  • Effective July 1 2000 Canadian technology law firm, Gowling, Strathy & Henderson will merge with Montreal corporate finance banking law firm Lafleur Brown. The merged firm will include more than 550 lawyers, patent and trademark agents. The merger puts the firm within the top three firms in Canada, rivalling March's Borden Ladner Gervais five firm merger.
  • New Zealand’s Kensington Swan is set to join KPMG Legal. KPMG hopes its present New Zealand legal staff will eventually be able to integrate with the 43-partner Kensington Swan, but at the moment New Zealand does not allow multidisciplinary partnerships and so the two groups of lawyers will work separately.
  • Deutsche Bank has lost a senior counsel to one of the law firms that it regularly outsources work to. Wolfgang Gross moved to Hengeler Mueller Weitzel Wirtz in Frankfurt in April and was immediately sent on a three-month secondment to the New York office of US 'best friend' Davis Polk & Wardwell.
  • The Paris office of UK firm Freshfields has welcomed the arrival of one of Europe's leading securities lawyers. Patrick Bonvarlet started at the firm on April 17, leaving behind Dutch/Belgian/French practice Stibbe Simont Monahan Duhot & Giroux. At Freshfields, Bonvarlet has teamed up with partners Gavin Darlington and Arnaud Peres, helping to develop the firm's European securities and M&A practice.
  • SJ Berwin acts for Eurocity Properties on listing, CMG bids £1.4 billion for the UK’s Admiral, Davis Polk advises DLJ’s merchant bank funds, Herbert Smith acts for Stagecoach Holdings
  • Baker & McKenzie is acting for a Polish leasing company on its dual equity listing. Europejski Fundusz Leasingowy (EFL) has launched an international and domestic offering of shares and global depositary receipts (GDRs) on the London and Warsaw stock exchanges. Bakers’ role is international transaction and company counsel. The value of the offering, consisting of new issue shares, was $82 million.
  • Herbert Smith acted for Lazard Capital Markets, joint lead manager in a secondary offering of 8% of the issued share capital of Yazicilar Otomotiv ve Gida Yatirim ve Pazarlama Sanayi ve Ticaret Anonim Sirketi, a company incorporated in Turkey. The offering raised approximately $125 million