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  • Public companies could be more vulnerable under shareholder law suits following Mexico’s collective action law enacted on March 1, lawyers have said. But much remains unclear regarding the potential costs to companies
  • Clifford Chance has won international law firm of the year at IFLR’s Europe awards in London
  • The UK’s competition reforms may increase efficiencies and lower costs, but they could lead to far more individual cartel prosecutions and jeopardise the country’s respected dual-level system for investigations
  • Improved liquidity has fostered more sophistication in Chile and Colombia’s banking sectors, and reduced the necessity of international banks
  • Asia’s commercial banks are expected to ramp up project financings this year, as their international counterparts retreat to their home markets. But lawyers in Hong Kong have warned new entrants must be prepared for a highly-complex, relatively immature market
  • South Korea With every month that goes by a new firm seems to register its interest in launching in South Korea. March was no exception, with SQUIRE SANDERS joining a host of UK and US firms looking for office space in Seoul. The UK-US firm, which recently rebranded, is planning on relocating partners Joon Yong Kim and Edward Kim to head up the new operation.
  • The IFLR Asia awards saw 200 in-house counsel and private practitioners gather at Hong Kong’s Island Shangri-La Hotel on February 23 to watch Linklaters awarded international law firm of the year. William Hay of Barings Private Equity was awarded outstanding in-house contribution, Apra’s John Laker won te regulatory contribution award and David Webb picked up the contribution to market reform prize.
  • UK A theme in London in the last six months has been the steady trickle of partners down from the magic circle to other players in the market. Where this has been seen most clearly is at LINKLATERS, with the firm's continuing partner restructuring cited as a possible factor.
  • Market participants in Myanmar are querying the validity of an alleged new draft of Myanmar's foreign investment law, obtained and leaked by Reuters on March 16, and have branded the significance of the proposed changes as over-hyped.
  • Following the release of the EC's shadow banking green paper, lawyers are concerned about how regulators are going to be internationally consistent in their oversight of the industry.