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  • Commission rethinks views on vertical restraints
    The European Commission has published its deliberations on antitrust and distribution in Europe, giving an opportunity for debate on the framework for a new policy for the next century. By Ivo Van Bael of Van Bael & Bellis, Brussels
    March 31 1997
  • European Union
    The Court of First Instance recently delivered its judgment in WWF UK v Commission (T-105/95) in which it considered the Commission's decision to refuse the World Wildlife Fund (WWF) access to documents relating to its investigation into the Irish Mullaghmore project to build a visitors' centre in the Burren National Park in Ireland.
    March 31 1997
  • Making the case for legal compliance audits
    Costly asset management failures are dramatic evidence of the need for third party audits of advisers’ practices, says Marcia MacHarg of Debevoise & Plimpton, New York
    March 31 1997
  • Williams seeks Chubb Security
    UK security, fire protection and home improvement group Williams Holdings is making a US$1.3 billion bid for rival Chubb Security.
    March 31 1997
  • Interim bids for Michael Page
    Interim Services, a Florida staffing company, is paying US$575 million for British recruitment and staffing business Michael Page Group. The acquisition is proof of the growing international importance of the temporary service industry. It will allow Interim Services to expand through Europe and east Asia.
    March 31 1997
  • US firms embrace English law capability
    The last 18 months have seen an explosion in the number and size of US firms with English law capability in their London offices. Other firms are steadfastly following their own strategy. Paul Lee reports
    March 31 1997
  • Roche buys Tastemaker
    Roche Holding of Switzerland is buying US company Tastemaker for an estimated US$1 billion. The transaction is planned to boost Roche's flavours and fragrances division, Givaudan-Roure.
    March 01 1997
  • Tory Tory leaves Hong Kong
    Canadian firm Tory Tory DesLauriers & Binnington has closed its Hong Kong office after five years. The move follows the departure of partner Melissa Thomas to UK rival Freshfields.
    March 01 1997
  • Accountants lose Dutch bar case
    "The accountants have lost the first round," says Dolph Stuyling de Lange, general secretary of Dutch/Belgian firm Loeff Claeys Verbeke. On February 7 the District Court of Amsterdam upheld the Dutch bar rules banning mergers between accounting and law firms.
    March 01 1997
  • Heard at the bar
    • US firm Oppenheimer Wolff & Donnelly has opened an office in Geneva. Jean Russotto, managing partner in the firm's Brussels office, will work out of the office of Swiss firm Cabinet Mayor in Geneva. The new office is to complement the work the firm does in Brussels in financial services, corporate, trade and tax law.
    March 01 1997
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