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  • US law firm Shearman & Sterling has hired a non-lawyer, Clinton Kendrick, to its executive board. The firm calls Kendrick "an international financial services executive and entrepreneur". He joins the firm from Matrix Global Investments, where he was CEO. The other members of the four-man board are: Stephen Volk, senior partner; Whitney Pidot, managing partner; and David Heleniak, European coordinator.
  • Clifford Chance has boosted its international securitization practice by attracting one of Lovells' leading capital markets partners, Peter Voisey. The loss will be a blow to Lovells and gives Clifford Chance a total of eight partners in its stand-alone group.
  • Share buy-backs allowed in Sweden
  • Investment funds
  • Trading regulations
  • Third release of the Easdaq rule book
  • Davis Polk & Wardwell is advising on its second recent high-tech merger (see Network Solutions). The US firm is advising Mission Critical Software on its intended merger with NetIQ Corporation. Both companies are valued at $1.4 billion in what they describe as "a merger of equals".
  • The SEC’s new tender offer and M&A rules went into effect on January 24 and are already proving to be very different from the old rules. Meredith M Brown, Alan H Paley and William D Regner, of Debevoise & Plimpton, examine how the new rules are working in practice
  • The Trafford Centre in Manchester, one of the UK's largest shopping centres, has become the first of its kind in Europe to launch a securitization financing.
  • Allen & Overy is beginning to see the fruits of its new London-based Italian desk, with the recent completion of what it says is one of the most important deals in Italy.