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  • UK firms help rehabilitate Latvian bank
    Three UK law firms have completed the rehabilitation of a bank in eastern Europe. Simmons & Simmons, Clifford Chance and Freshfields have all worked on the successful rehabilitation of Latvian bank Rigas Komercbanka, which went into administration in February of this year. The bank reopened for business on October 26 and is now known as First Commercial Bank of Latvia.
    December 01 1999
  • settlement.gif
    Legal certainty for securities held as collateral
    The EU’s Finality Directive is designed to provide greater legal certainty following the introduction of the euro. Richard Potok of Potok & Co, London, looks at the progress of the implementation of Article 9(2) of the Directive throughout the Union.
    December 01 1999
  • Barclays in largest UK credit card securitization
    Clifford Chance, Orrick Herrington & Sutcliffe and Linklaters have all advised on the largest securitization of UK credit cards. The transaction is valued at $1 billion backed by receivables from UK consumer credit and charge cards. Barclays Bank, including Barclaycard, was the originator, with Barclays Capital as seller of the bonds and lead manager.
    December 01 1999
  • News-Rogers & Wells' Paris office defects to New York rival
    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.
    November 01 1999
  • Argentina
    Structuring management buy-outs
    November 01 1999
  • Argentaria to merge
    Two of Spain's largest banks have announced a stock swap merger creating the second largest bank in the eurozone with a market value of euro 38 billion ($41 billion).
    November 01 1999
  • Switzerland's quiet revolution
    Switzerland's lawyers have been immune to the invasions seen in other European jurisdictions.
    November 01 1999
  • UK and US firms share top places in international growth rankings
    Clifford Chance, Cameron McKenna, Dorsey & Whitney, Latham & Watkins, White & Case and Linklaters are the top six law firms for overall growth in the world, according to statistics in this year's IFLR 1000 Directory
    November 01 1999
  • City litigation
    Neil Mirchandani, Lovell White Durrant, London
    November 01 1999
  • Denton Hall and Wilde Sapte agree merger
    UK law firms Wilde Sapte and Denton Hall announced on October 12 that the partnerships of both firms had voted to combine the two firms. The merger will create a new firm with around 1,500 staff. It will be the seventh largest in the UK, with just under 500 lawyers in the jurisdiction. The merged entity will be called Denton Wilde Sapte.
    November 01 1999
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