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  • By Fred Pucci and Bruce Whittaker of Blake Dawson Waldron, Sydney and Melbourne
  • Shearman & Sterling is to lose a UK partner for the first time, as London-based Rupert Walker leaves for Jersey's Mourant Group. Mourant is raiding its US peer as the offshore firm looks to capitalize on Europe's structured finance boom.
  • Corporate in-house legal departments are spending more on outside counsel, according to a survey released October 31.
  • Simmons & Simmons is the latest UK firm to boost its securitization capability in Asia, hiring one local specialist and relocating two lawyers to Hong Kong. Among the new faces, Simmons has hired the head of the Bank of Tokyo Mitsubishi's Asia Pacific securitization group.
  • White & Case swoops on Freshfields for Moscow energy growth
  • Introduction of Limited Liability PartnershipsLandwell, London
  • At a time when Germany is pressing ahead with the development of an energy derivatives market, its banking regulator has issued a statement calling for more stringent regulation of traders. Jörg Fried and Frank Herring of Oppenhoff & Rädler, Linklaters & Alliance, discuss how recent events have highlighted the need for clearer guidelines
  • PolyMirae’s dual currency $184 million equivalent limited recourse financing is Korea’s first international project financing. Ashley Wilkins and Francois Favret of SG Asia and Huw Jenkins, Alisha McPherson and Valerie Hoong of Clifford Chance describe the deal
  • Private pension system to be introducedHergüner Bilgen & Özeke, Istanbul
  • New telecommunications lawWierzbowski & Szubielska, Warsaw