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White & Case has announced that David Robbins will join the firm as a partner in its New York office. Robbins specializes in international corporate transactions, including project development and financing, and cross-border licensing. Formerly a partner with Reid & Priest in New York, he practised for four years in Japan and has represented Japanese companies for almost 20 years.

German law firm Deringer Tessin Herrmann & Sedemund has officially opened its office in Berlin. The firm had been working out of the city since February having absorbed local practice Pfeiffer Brandes Neumann.

In the early 1980s, Riggs National Bank of Washington DC made loans to several wholly-owned entities of Peru. These loans were renewed in 1983 under the restructuring of Peru's external debt.

Differences between US and English law have always been more apparent than real. The Gustafson decision brings the two even closer in respect of issuer liability. By Simon Gleeson of Richards Butler, London

UK firm Herbert Smith has been voted top adviser on international energy law in Petroleum Economist's 1996 Energy Finance Poll. The poll, based on responses from over 100 international energy companies, has UK-based Allen & Overy relegated from last year's winner to third place behind Herbert Smith and US firm Vinson & Elkins.

UK firm Stephenson Harwood is set to open an office in Piraeus, Greece and has recruited a local shipping lawyer in Spain.

Ros Wright, general counsel and director of policy, the Securities and Futures Authority, talks to Richard Forster

With the adoption of a Communication by Sir Leon Brittan and Karel van Miert, the trade and competition commissioners, the European Commission has proposed the establishment of an international framework of competition rules. The Communication, which must still be presented to the Council, calls on the WTO ministerial conference in Singapore in December to agree to study, from 1997, the possibility of an international framework of competition rules.

Irish company law requires Irish companies to maintain registers of shareholders and debenture holders. Transfers must be in a statutory form and stamp duty is payable. Technological development in general and the introduction of CREST in particular have resulted in the Companies Act 1990 (Uncertificated Securities) Regulations 1996 ('the Regulations').

The New Zealand Stock Exchange (NZSE) has launched a new managed fund (the TeNZ fund) which tracks the NZSE10 Index (the Index). The Index is a weighted index made up of selected securities of New Zealand's top 10 listed companies, by market capitalization, which has the principal purpose of providing a measure of price trends of those companies. The TeNZ fund is a passive fund which will own a diversified portfolio of securities in the same weightings as the Index with the aim of providing investment results that correspond to the performance of the Index. Investors will purchase units in the fund, and the units will be tradeable on the NZSE.