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  • 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
  • Heard at the bar
    US law firm Morgan, Lewis & Bockius has promoted Zoë Ashcroft to partner. Ashcroft is the tenth partner at the firm’s London office, and its first female partner. Her practice focuses on corporate and banking finance, with particular emphasis on transatlantic mergers and acquisitions transaction.
    January 01 1999
  • Italy
    Transparency requirements
    January 01 1999
  • Inside-New chairman for UK Law Commission
    Lord Irvine, the Lord Chancellor, has appointed a new chairman for the UK Law Commission, the body responsible for examining possible reforms to legislation. Justice Robert Carnwath will take up his position in February.
    January 01 1999
  • Finland
    Netting laws to be extended to payment systems
    January 01 1999
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