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  • Turkey amends Banks Act
  • Alain Gauvin of Coudert Brothers, Paris, argues that proposed reforms should not limit the rights of French OPCVMs to use credit derivatives
  • Bankruptcy and insolvency; special rules on banks and financial institutions
  • Morgan Stanley Dean Witter and Chase Manhattan have set up a £1.3 billion ($1.95 billion) working capital facility and a £2.5 billion senior facility for NTL Communications, helping to cover the acquisition of Cable & Wireless' UK residential cable business.
  • Seven firms are involved in the proposed $46 billion combination of Vivendi with the Seagram Company and the Canal+ television station.
  • Antonio Sáinz de Vicuña, European Central Bank: In an exclusive interview, the general counsel of the European Central Bank talks to Rufus Jones about European stock market mergers, the future for regulation and the performance of the euro
  • Portuguese firm Morais Leitão, J Galvão Teles & Associados and US firms Cleary, Gottlieb, Steen & Hamilton have been working on the euro 250 million ($234 million) IPO of Impresa. Impresa is a leading Portuguese media company whose activities include television broadcasting and newspaper publishing.
  • 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.
  • Jaap Willeumier and Rogier Raas of Stibbe Simont Monahan Duhot look at how the cross-border nature of the internet is causing the Netherlands to reexamine the ways in which issuers control information about securities offerings
  • 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