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  • Accountants change the rules for US M&A
    The US Accountancy Board, the FASB, has brought an end to the pooling of interests for the accounting treatment of mergers and acquisitions in the US. David Bernstein of Rogers & Wells, New York reviews the effect of the decision and questions the wisdom of amortizing goodwill on M&A deals
    June 30 1999
  • Germany
    Conflict of law rules codified
    June 30 1999
  • Reforming China’s asset appraisal regime
    Before China can improve the effectiveness of foreign investment and restructure its state-owned industries it must first reform its asset appraisal industry, writes Steven Blayney, White & Case, Hong Kong
    June 30 1999
  • Weil Gotshal lures Wilde Sapte partner
    The London office of US firm Weil Gotshal & Manges has recruited partner Bruce Johnston from UK firm Wilde Sapte to boost its project finance capability.
    June 30 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-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
  • 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
  • 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
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