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  • Due to an administrative error, Bruckhaus Westrick Heller Löber was omitted from some tables in IFLR's European equity survey (IFLR October 1999). The corrected tables appear below
  • The Hungarian government has completed the sale of OTP Bank, the largest Hungarian commercial bank in terms of assets and branch network.
  • German firm Bruckhaus Westrick Heller Löber is to open a new office in Munich on January 1 2000
  • Jones Day Reavis & Pogue has recruited two new partners. Conrad Everhard has joined the firm's New York office from Bryan Cave. Everhard will be a member of the firm's business practice group and technology specialized industry practice. Geoffrey Stewart joins the firm's Washington office from Hale and Dorr and will operate in the litigation group. He is experienced in complex commercial litigation.
  • China's agreement with the US has paved the way to WTO entry
  • Linklaters & Alliance is to gain three new offices in central and eastern Europe. The offices, in Hungary, Romania and Slovakia, add to the Alliance's network in the region, which already includes Warsaw and Prague. The offices in Bratislava, Budapest and Bucharest will open on January 4 and will be incorporated into the Alliance under the co-ordination of Nick Eastwell, capital markets partner responsible for emerging markets
  • Milbank Tweed leads on first US-style LBO in post-recession Asia
  • The US's Holland & Knight has formed an alliance with an Argentinean firm in its second international link-up this year. The firm has established a representative office as part of its strategic alliance with local firm Alvarez Prado, Cabanellas & Kelly
  • The SEC has lifted its $5 million fixed limit on stock incentive plans for foreign companies with US operations.
  • Securities fraud can lead to regulatory sanctions, civil suits and even possible criminal prosecution