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  • Debt-equity swaps — a solution for Russian loans?
    Robert Sexton of Salans Hertzfeld & Heilbronn, Paris explains how debt-equity swaps could help foreign creditors seeking recovery of Russian loans given the precedent of the US junk bond crisis
    January 01 1999
  • Spain
    Non-voting shares regime
    January 01 1999
  • Salans partner moves to Freshfields
    UK firm Freshfields has appointed US arbitration lawyer Eric Schwartz, a former partner in the Paris office of Salans Hertzfeld & Heilbronn, as partner in its arbitration practice. Resident in the Paris office of Freshfields, Schwartz expects to take advantage of a greater depth of resources than he found at his old firm.
    January 01 1999
  • Kelley Drye & Warren poaches top partners for expanding practices
    New York law firm Kelley Drye & Warren has made lateral hires to set up an International Trade and Investment Group and expand its Financial Institutions Group.
    January 01 1999
  • UAE
    Interest on deposit
    January 01 1999
  • KPN and Qwest to form Europe’s biggest internet traffic network
    Dutch communications utility KPN, and US communications carrier Qwest are joining forces to put $700 million-worth of fibreoptic links into a network that will provide internet links across Europe. The venture, named KPN Qwest, will start in January. The companies plan to spend $500m more on the project in the next two years.
    January 01 1999
  • Stephenson Harwood in Brussels joint
    UK law firm Stephenson Harwood is to join forces in Brussels with Italian firm De Berti Jacchia Perno & Associati and Paris firm Barbé Carpentier Thibault Groener. The firm’s association with France’s largest law firm, Fidal, part of the KPMG legal network, is over. In its new association Stephenson Harwood plans to look at joint business
    January 01 1999
  • Telekomunikacja Polska IPO raises $930 million
    The Polish government has completed the second stage of its sale of a 15% stake of Telekomunikacja Polska SA (TPSA), the state telecoms company.
    January 01 1999
  • Allen & Overy advises on $20 billion
    UK law firm Allen & Overy advised Citibank Credit Structures on the launch of new secured debt programmes with a total value of $20 billion.
    January 01 1999
  • London firm in Irish association
    The City firm Kennedys has formed an association with Dublin firm O’Connor Walshe as part of a strategy to provide legal advice throughout Ireland.
    January 01 1999
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