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  • 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
  • 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
  • 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
  • Surviving Russias meltdown
    Brenda Horrigan and Theodore Matheny of Salans Hertzfeld & Heilbronn examine the background to the crisis and suggest solutions to regenerate the securities market and banking sector
    January 01 1999
  • Advisers on the Channel Tunnel Rail Link Eurobond
    The British government and London & Continental Railways (LCR) have announced the advisers for the planned financing of the first stage of the Channel Tunnel Rail Link (IFLR December 1998). HSBC and Warburg Dillon Read have been appointed as joint lead managers and arrangers on next year’s Eurobond offering, which is expected to raise £2.65 billion ($4.45 billion). Deputy Prime Minister John Prescott says: “These appointments are a significant milestone in the financing of this exciting project.”
    January 01 1999
  • Finland
    Netting laws to be extended to payment systems
    January 01 1999
  • The DaimlerChrysler revolution
    When DaimlerChrysler’s stock began to trade on the NYSE in mid-November, a quiet revolution began for foreign equity securities trading in the US. By Nicholas DS Brumm of Cravath, Swaine & Moore, New York*
    January 01 1999
  • Tyco buys AMP for $11.3 billion
    The industrial conglomerate Tyco has announced that it is to acquire AMP in an all-stock deal. The offer has rescued the Harrisburg, Pennsylvania-based electrical equipment manufacturer from the hostile takeover attempt by AlliedSignal announced in the summer. Tyco’s offer tops AlliedSignal’s cash bid by $1.6 billion.
    January 01 1999
  • New investment opportunities in German energy
    The German government has been formulating plans for energy reform since early 1996 and a new energy bill has finally been completed. By Jan Byok of Wessing
    January 01 1999
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