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  • lastminute.com and egg.com have shown how the internet can be used successfully to promote securities offerings. But investors and issuers still face legal challenges in protecting themselves. Alero Cave, Anky Chan and Marco Crosignani of Allen & Overy, London, report
  • Bankruptcy law in Kazakhstan
  • Bankruptcy and insolvency; special rules on banks and financial institutions
  • Review of company law to examine public offering rules
  • Seven firms are involved in the proposed $46 billion combination of Vivendi with the Seagram Company and the Canal+ television station.
  • The Lithuanian government has sold a 25% stake in Lietuvos Telekomas, the country's exclusive telecom operator. The sale, valued at $180 million, represents the first capital markets transaction to come out of Lithuania, with global depositary receipts being listed on the London Stock Exchange.
  • Freshfields and Bruckhaus Westrick Heller Löber have finally agreed to merge, after the German firm took a second vote to secure the necessary majority to carry the decision through.
  • Alan Berg, Tel Aviv-based consultant to Watson, Farley & Williams, discusses the Appeal Court's recent ruling in UPC v Deutsche Bank and argues that it is inconsistent with recent authority
  • The global boom in e-commerce has focused the attention of Hong Kong companies on the use of employee share schemes as a key element in remuneration packages. But, there is often confusion over which legal and regulatory requirements need to be considered when introducing such a scheme. David Clark and Stephen Smith of Linklaters, Hong Kong explain the issues
  • China has been busy enacting laws to govern internet usage and e-commerce. Gabriela Kennedy of Lovells, Hong Kong, asks whether this legislation leaves China better prepared for the on-line age