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With the economy in a healthy state, the Irish government is looking to develop the country’s infrastructure. The expected goldrush of private public partnership schemes will give a new boost to local firms. But the rich pickings are already attracting the attention of big international firms. Sara Ver-Bruggen reports from Dublin

Many of China’s new generation of limited liability and joint stock companies are now looking to evolve to meet increased competition. Steven Blayney of Lovells, Hong Kong, presents two case studies illustrating how companies can use acquisitions to gain a backdoor listing

Baker Botts has hired Christine Ferguson, former counsel at the European Bank for Reconstruction and Development (EBRD) to strengthen the firm's central Asian team. Partners expect a wave of projects work to flow from a gas pipeline financing in Azerbaijan. Ferguson specializes in debt and equity transactions for natural resources, banking, telecoms, and other projects work in Azerbaijan and Albania, and joins as of counsel to head the US firm's Baku office. Ferguson, a former Moscow-based Clifford Chance partner, joins four local lawyers in Baku. She will use her experience in financing and hydro-carbons in Russia, the Balkans and central Asia, to win regional work.

The start of 2001 has seen the SEC introduce a number of measures aimed at promoting the role of independent directors. Kenneth Berman and Elizabeth Kaplan of Debevoise & Plimpton, Washington, DC, assess the reforms

the exercise of discretion in makingbonus payments to employeesLandwell London

Venture capital – recent developments in The Netherlands By Marco de Lignie and Barteline Cnossen of Loyens & Loeff, Amsterdam

Venture funding in Singapore – some legal issues By Valerie Ong and Chin Sing Ping, of Orrick HelenYeo, Singapore

Corporate decision making in private equity transactionsBy Ian Johnson, Milbank, Tweed, Hadley & McCloy LLP, Hong Kong

A venture capital travelguide by Gerry Cater, Paul von Hehn and Matthew Huggins of Wilmer Cutler & Pickering

By Duncan Weston, Charles Waddell, Ian Parker, Cristina Brinzan and Geoff Perry of CMS Cameron McKenna, London, Warsaw, Prague, Bucharest and Budapest