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  • UK mobile telecoms company Vodafone will acquire US rival AirTouch
  • US firm Sullivan & Cromwell is hiring lawyers with English law capability, the first front rank US practice to do so
  • Xavier de Roux, managing partner of Gide Loyrette Nouel, has spoken out about his firm’s recent spate of partner losses
  • Morgan Lewis & Bockius, the third largest firm in the US, has substantially increased its bankruptcy and creditor rights capability through a merger with a New York boutique.
  • The partners at UK City law firms Theodore Goddard and Richards Butler have decided not to go through with their proposed merger
  • The US firm offering £1 million ($1.65 million) or more for an English lawyer is Chicago’s McDermott Will & Emery, IFLR can exclusively reveal.
  • Juan Andres Bautista of White & Case, Hong Kong reviews the new investment and foreign exchange laws for the Philippines in the wake of the Asian downturn
  • With banks bidding aggressively on pricing, IFLR presents part one of a roundtable of leading investment bankers, lawyers, sponsors and rating agencies on the key ingredients for a successful launch in the burgeoning project bond market
  • Choosing foreign laws to govern loans to PRC projects does not preclude the need for domestic approvals and registration of security interests. Zhang Xin, in-house counsel at China Construction Bank, Shenzhen explains how to meet local requirements
  • "We are in conversations with Brown & Wood, looking towards a merger," says James Hurlock, chair of the management committee of New York firm White & Case. Talks began in late October, and the firms hope to have an agreement, if the discussions progress satisfactorily, by the end of February. A merger would create the world's fifth largest law firm.