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  • TPSA sale revives Polish market
    The $920 million sale in November of a 15% stake in state telecoms company TPSA doubled the capitalization of the Warsaw exchange overnight and affirmed the new government’s commitment to privatization. Ben Maiden reports as lawyers compete for further deals in banking, airlines, oil and steel
    May 31 1999
  • Inside-Bermuda firm expands in BVI
    Pillsbury Madison & Sutro, a San Francisco firm, has lost its executive director, a substantial group of compensation and benefits lawyers, and has had to fire another nine partners.
    May 31 1999
  • Inside-Heard at the bar
    New York-based firm Paul, Weiss, Rifkind, Wharton & Garrison has appointed a firm chairman for the first time, with the aim of focusing on long-term issues and studying international opportunities. Alfred Youngwood, who is both chair of the firm and chair of the firm’s management committee, reveals that the first option being considered is a London office.
    May 31 1999
  • Inside-Curtis Mallet to open Stamford office
    US firm Curtis, Mallet-Prevost, Colt & Mosle is opening an office in Stamford, Connecticut. The firm hopes to build on its corporate and litigation work. George Kahale, firm managing partner, comments: “Stamford is a growing area with a lot of corporate activity, several firms have offices there.”
    May 31 1999
  • Inside-New Cairo office bolsters Trowers’
    UK firm Trowers & Hamlins has opened an office in Cairo. The creation of the new office will allow Trowers to develop its role as a Middle Eastern regional counsel for multinational corporations.
    May 31 1999
  • Inside-Cameron McKenna confirms new European alliance
    UK law firm Cameron McKenna has joined with five European firms to form an alliance covering 19 countries and 31 offices.
    May 31 1999
  • Commission approves Deutsche Bank takeover of Bankers Trust
    On April 23 1999, the Commission approved the takeover of Bankers Trust Corporation by Deutsche Bank.
    May 31 1999
  • The Commission and the EBRD launch new financing facility for small and medium-sized enterprises in central and eastern Europe
    As part of their joint effort to support the development of small and medium-sized enterprises (SMEs) in central and eastern Europe, the European Commission and the European Bank for Reconstruction and Development (EBRD) have reached an agreement to establish a euro125 million SME Facility for the 10 central and eastern European countries that are candidates for European Union (EU) accession.
    May 31 1999
  • Vietnam shows new face to foreign investors
    After meetings with foreign investors, the Vietnamese government has introduced a series of measures to attract foreign capital. Tony Foster and Dang Duong Anh of Freshfields, Hanoi discuss the changes for new and existing investors
    May 31 1999
  • How to structure Italian securitization
    The new regulations on securitization in Italy allow for more flexible structuring of deals. Raffaele Rizzi of Baker & McKenzie, London explains how to match the right structure to the securitized assets
    May 31 1999
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