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  • Five European law firms are involved in the agreed sale of Spray Networks, the Dutch subsidiary of Sweden's Spray Ventures, to Lycos Europe in one of the first significant steps towards consolidation in the European internet portal industry. The sale is valued at euro674 million ($566 million).
  • The European market has been slow to take advantage of collateralized debt obligation (CDO) issues when compared to the US. In recent weeks, however, two deals have completed which may help open up this potentially lucrative avenue of fund raising.
  • Creeping-in regulationsCMS Strommer Reich-Rohrwig, Karasek Hainz, Vienna
  • Corporate divisionsKomatsu, Koma & Nishikawa, Tokyo
  • As the first cross-border merger of stock exchanges in Europe, Euronext and its experiences will inevitably set an important precedent for any future consolidation of Europe’s financial markets. Sandrine Hirsch and Vanessa Marquette of Stibbe Simont Monahan Duhot, Brussels, advised on the Euronext merger and explain both the challenges involved and what still needs to be done
  • In October IFLR’s international equity survey highlighted the leading firms and key deals of 2000 so far. This month Torsten Busch of Germany’s Hengeler Müller Weitzel Wirtz gives his account of working on the biggest equity deal of the first half of 2000 – the mighty DT3
  • White & Case and French firm Jeantet & Associés have called off their proposed merger. It is a disappointing end to a summer that has seen the US firm add 10 partners to its London practice and secure a merger with German firm Feddersen.
  • Law firms in Switzerland are emerging from the shadows of stifling secrecy laws, and 2000 might have seen the start of an influx of foreign firms. But old habits die hard. Rufus Jones reports from Zurich
  • While the US has led the world in securitization for many years, the Canadian market has also witnessed rapid growth. Martin Fingerhut of Blake Cassels & Graydon, Toronto, looks at how issuers are using Canada’s legislative framework and reform to exploit new asset classes and increase issuance
  • Clifford Chance has advised on the UK's largest multi-loan commercial mortgage securitization, which continues a trend that will see European issuance this year well above 1999's $9.6 billion.