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  • Jini Lee Linklaters' tough year failed to get any easier as it suffered another string of departures in Asia last month. Its Hong Kong office lost corporate partner Samantha Thompson who returned to London to take on an in-house role at PRICEWATERHOUSECOOPERS (PwC). The same department took another blow when US-qualified Jon Gray joined DAVIS POLK & WARDWELL in Tokyo. The New York-headquartered firm is re-emphasised its commitment to Japan.
  • Prime Minister Abe’s push to end cross-shareholding has had mixed results Counsel in Japan have questioned the country's corporate governance code, at a time when Prime Minister Shinzo Abe has reiterated his intention to clean up its corporate sector.
  • Under UK rules, retail deposits will be separated from the bank’s other activities
  • An internationally universal approach to insolvency proceedings is still a distant illusion, according to panellists at the International Bar Association's annual conference in Vienna last month.
  • Geoffrey Levin Jai Khanna US firms made significant investments in talent as fall got underway. SIDLEY AUSTIN bolstered its private equity practice by hiring Geoffrey Levin, who had been a mainstay of Cadwalader Wickersham & Taft's transactional practice in New York. Levin represents sponsors and their portfolio companies in M&A and corporate governance.
  • Dubai's incoming public-private partnership (PPP) law has piqued the interest of developers, sponsors and public authorities. But questions linger over the government's ownership and control rights and the treatment of unsolicited bids.
  • Every financial crisis seems to follow a similar pattern. After a long, hot bask in the sun, there comes the crash. Economic growth suffers. Businesses and households suffer. It's miserable. Everyone wants a return to growth.
  • Since the Capital Markets Union's action plan was released in late September, all talk has turned to unification and harmonisation. But for Europe's capital markets to unite in a truly meaningful way, there is far more work to be done. Surely the most pertinent of all is to agree on a uniform insolvency regime.
  • Ahead of the anticipated lifting of economic sanctions against the country, Iran is testing the international financial community's appetite by issuing around 400 billion rials ($13.4 million) worth of short-term treasury bills.
  • The UK's plans to ringfence its largest banks is looking like an expensive, and ultimately futile, exercise.