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  • Adopting transfer pricing lawBaker & McKenzie, Almaty
  • White & Case swoops on Freshfields for Moscow energy growth
  • Milbank, Tweed, Hadley & McCloy's new Asian acquisition finance group has helped Mercury, an acquisition company owned by Citicorp Venture Capital, the Carlyle Group and Prudential, to acquire the profitable remnants of Daewoo Telecom for 330 billion won ($294 million).
  • The US is an increasingly popular hunting ground for non-US companies looking to make acquisitions. Before they do so, however, they are well advised to prepare to meet the regulatory environment. Mark Bergman, head of the securities group at Paul, Weiss, Rifkind, Wharton & Garrison, New York, discusses the options and dangers ahead of them
  • Simmons & Simmons and Norton Rose have finished work on the latest mortgage-backed securitization to hit the UK market. The deal, on behalf of first-time issuer Bristol & West, raised £300 million ($421 million).
  • Telstra and Pacific Century CyberWorks (PCCW) surprised nobody with their counsel for the two companies' joint venture in Hong Kong. PCCW retained Simmons & Simmons while Telstra turned to Mallesons Stephen Jaques. Both firms have strong relationships with the repsective corporations.
  • Corporate in-house legal departments are spending more on outside counsel, according to a survey released October 31.
  • Introduction of Limited Liability PartnershipsLandwell, London
  • Private pension system to be introducedHergüner Bilgen & Özeke, Istanbul
  • New telecommunications lawWierzbowski & Szubielska, Warsaw