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  • "We know what the weather market wants"
  • Milbank Tweed Hadley & McCloy hopes to attract lawyers suffering from the dot.com downturn to staff its new Palo Alto office.
  • Ian Garth McGill and Tom Poulton Allen Allen & Helmsley and Arthur Robinson & Hedderwicks have agreed to merge. After a 15-year courtship the two firms have finally agreed to formalise its relationship.
  • The referral of powers from states to the federal government is a necessary prelude to the enactment of Australia’s corporations legislation. Don Harding, a partner of Freehills in Sydney, explains how the Corporations (Commonwealth Powers) Bill 2001 of New South Wales provides a model for juggling constitutional concerns
  • Simmons names new senior partner
  • One of Clifford Chance's most senior asset finance partners has left the UK firm to become a director in the leasing and tax-based finance group of ANZ Investment Bank in London. The departure has forced the UK firm to rejig the lawyers in its asset finance team.
  • Once completed, the planned shake up of Turkey’s electricity industry should provide a wealth of opportunties for foreign investors. In the meantime, however, there is likely to be a degree of uncertainty. Kristin Meikle, Chadbourne & Parke, and Begum Durukan with the Birsel Law Offices, look at the prospects for the next few years
  • Derivatives have traditionally been viewed as forbidden territory to insurance companies. But is this always true? Maria Ross and Charlotte Davies of Norton Rose, London, ask if the two can be reconciled
  • Many senior Canadian issuers access the Canadian capital markets through the shelf prospectus system, which allows an issuer which meets certain criteria to issue securities over a two-year period. A shelf prospectus is filed qualifying the total amount of securities which the issuer expects to issue over a two-year period and the issuer then issues securities in tranches depending on market conditions and its needs.
  • The Polish government, when implementing the "Principles of Operation of the Energy Market in Poland in 2000 and Subsequent Years", which determes the agenda of actions to be taken towards liberalizing and privatizing Poland's energy sector, organized the creation of the Polish Power Exchange. Its founding act was signed in November 1999 and the first market transactions were concluded in June 2000.