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  • 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
  • The UK Parliament is expected to pass the Financial Services and Markets Bill by spring 2000
  • The SEC’s new rules on cross-border M&A offers and rights offerings become effective in the New Year.
  • Clifford Chance has advised Deutsche Bank on the first securitization of receivables from a single airline lessee in Europe — a euro 195 million ($210 million) deal for Iberia. The transaction applies a well-developed US structure in Europe for the first time, creating a product that could radically change air finance in the region. It allows single airlines to raise money through securitization as an alternative to the conventional bank-loan and leasing markets, which are increasingly expensive and becoming less liquid.
  • LeBoeuf, Lamb, Greene & MacRae Moscow
  • Following reports of discontent at the decision to merge with Clifford Chance, the Paris office of Rogers & Wells has agreed to become the first overseas office for New York's Kramer Levin Naftalis & Frankel LLP.
  • Spain