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  • Heard at the bar
    • Nancy Wodka, a project finance specialist, has moved from the Washington office of New York's Skadden, Arps, Slate, Meagher & Flom to the Washington office of Houston-based Bracewell & Patterson LLP. She will head the firm's team on international infrastructure projects .
    August 31 1997
  • What attracts and keeps laterals
    The most important consideration for a laterally hired partner in choosing his or her new firm is not the level of compensation he or she will receive. Indeed, this consideration is placed fifth out of seven significant factors according to a survey by US lawyer search consultants Major, Hagen & Africa.
    August 31 1997
  • Clifford Chance opens Dusseldorf branch
    Clifford Chance has opened a second office in Germany. The Dusseldorf office is intended to capitalize on the heavy industries present in the Rhine-Ruhr area. Jan ter Haar, managing partner of Clifford Chance's Frankfurt office, explains: "We will be doing mainly corporate and M&A work, but we expect to pick up on the presence of IT and media sectors and bolster those practices too."
    August 31 1997
  • Simmons and Fried Frank link in capital markets
    In July, New York's Fried, Frank, Harris, Shriver & Jacobson and Simmons & Simmons of the UK created an International Securities Unit to handle both the English law and New York law aspects of securities issues. The unit, to be based in London, will be staffed by partners and other lawyers from both firms. It will handle the full range of both equity and bond issues in the US, UK and worldwide.
    August 31 1997
  • Construction law: Breach of trust in the construction industry
    Cassels Brock & Blackwell, Toronto
    August 31 1997
  • Banking: Canada welcomes foreign branches
    Aird & Berlis, Toronto
    August 31 1997
  • The Netherlands gives securitization a double boost
    The Dutch Supreme Court recently confirmed parties’ freedom to determine the choice of law in an assignment of receivables. In conjunction with new rules on SPVs, the result is a likely boom in Dutch securitization. By Piet-Hein de Jager of Loeff Claeys Verbeke, Amsterdam
    August 31 1997
  • Italian Futures Market faces privatization
    The law implementing the Investment Services Directive in Italy will have an additional impact on MIF, the Italian Futures Market – it will be privatized. By Piero Salera of Pavia e Ansaldo, Rome
    August 31 1997
  • SEC sets US funds free to choose foreign custodians
    The US Securities and Exchange Commission (SEC) has amended Rule 17f-5, relaxing the rules applying to US investment funds holding foreign assets outside the US. By Marcia MacHarg and Matthew Chambers of Debevoise & Plimpton, New York
    August 31 1997
  • Asian litigation
    The Privy Council restored Rogers J's decision in Canon Kabushiki Kaisha v Green Cartridge Co (HK) which the Court of Appeal overturned, as reported in this column in May 1995 and September 1996.
    August 31 1997
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