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  • Adopting transfer pricing lawBaker & McKenzie, Almaty
  • New online brokerage regulationStudio Legale Beltramo, Rome
  • Participation of non-Finnish persons in shareholders’ meetings to be facilitatedRoschier-Holmberg & Waselius, Helsinki
  • New rules for reverse convertible or exchangeable notes (II)KPMG Legal Advisers, Brussels
  • Redemption by a company of its own shares — application of the Austrian Takeover CodeKarasek Hainz, Vienna
  • New rule for merger disclosureSmith Lyons, Toronto
  • Incentives for production and exportation of natural gasGómez-Pinzón y Associados, Bogota
  • Provision of link services for offshore internet-listed securities transactionsClaro y Cia, Santiago
  • When Ecuador defaulted on its Brady bonds in August 1999, it entered new territory for a sovereign issuer. More than a year later it seems to have answered many of the questions raised by its attempts to reschedule the debt. Lee C Buchheit of Cleary, Gottlieb, Steen & Hamilton, New York, adviser to the Republic, explains the challenges involved and the legal innovations used to save Ecuador from its default
  • The $45 billion mega-merger between General Electric Company and Honeywell International, the largest ever industrial acquisition, has attracted a crowd of interested firms. Arnold & Porter has deployed a heavyweight team of antitrust lawyers to advise General Electric, led by firm chairman Michael Sohn and including head of antitrust William Baer. Clifford Chance has been retained for competition work outside the US and Canada. Simon Baxter, Chris Bright and Marlene Van Kerckhove lead a team including lawyers from London, Brussels, Budapest, Prague and Warsaw.