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  • Commission publishes blueprint for euro legal framework
    Geoffrey Yeowart of Lovell White Durrant, London, answers some of the most frequently asked legal questions relating to the forthcoming introduction of the euro
    January 01 1997
  • The death of the misappropriation theory?
    Two recent decisions by US federal courts appear to have nullified an important legal weapon in the fight against insider trading. By Jonathan Blackman of Cleary, Gottlieb, Steen & Hamilton, New York
    January 01 1997
  • Termovalle power project in Colombia
    The US$150 million financing has been agreed for Termovalle I, a 200Mw gas-fired power project located near Cali, Colombia. The project was developed by a consortium consisting of KMR Power Corporation of the US and Marubeni Corporation of Japan.
    January 01 1997
  • Largest foreign takeover of US company
    British Telecom has launched a US$21 billion bid for the 80% of US telecommunications company MCI Communications which it does not already own. This is the largest ever foreign takeover of a US company. The combined company will be called Concert.
    January 01 1997
  • Britannia buys £1.1 billion Citibank mortgage book
    The UK's Britannia Building Society has bought a £1.1 billion (US$1.8 billion) mortgage book from Citibank International. The book consists of about 30,000 residential mortgages in the UK. On the same day, Britannia issued £100 million step-up subordinated notes under its MTN programme.
    January 01 1997
  • Book review
    Transnational Tort Litigation
    January 01 1997
  • European law firm cooperation
    Belgian firm Liedekerke Wolters Waelbroeck & Kirkpatrick, France's Siméon & Associés and Wessing Berenberg-Gossler Zimmerman Lange of Germany have entered into a cooperation agreement. The firms will establish a European Economic Interest Grouping, called the Conference of European Lawyers. This will form the basis of future cooperation in all fields of law.
    January 01 1997
  • Asian specialist back in London
    Clifford Chance partner Tim Soutar is returning to London from Hong Kong to bolster the firm's Asian capability in London. He will also assist with the coordination of the firm's global projects group, headed by Rodney Short.
    January 01 1997
  • Chinese citizen Herbert Smith partner
    Jeremy Xiao, who in August became the first Chinese citizen to qualify as a Hong Kong solicitor, will become a partner in the Hong Kong office of UK firm Herbert Smith.
    January 01 1997
  • Canadian firm opens in Singapore
    Toronto-based Goodman Phillips & Vineberg has launched its third office in Asia, opening in Singapore in December. Goodman Phillips has had an office in Hong Kong for some 25 years and is the only Canadian firm with an office in Beijing.
    January 01 1997
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