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  • Clifford Chance advised HSBC bank on the UK’s first collateralized loan obligation (CLO) securitization using revolving trust technology. With a value of $850 million, the deal is also the largest CLO by a UK bank this year.
  • Akin, Gump, Strauss, Hauer & Feld has expanded its corporate practice team in Washington DC with two Korea-focused partners. Jaemin Park and Jay Cohen joining from New York's Brown & Wood.
  • In the Philippines, knowing who to talk to can be one of your most important assets, both as a client and as a lawyer. With investors returning and foreign firms still barred, finding a way through the network is as important as ever. By Greg Ford
  • Deutsche Bank has lost a senior counsel to one of the law firms that it regularly outsources work to. Wolfgang Gross moved to Hengeler Mueller Weitzel Wirtz in Frankfurt in April and was immediately sent on a three-month secondment to the New York office of US 'best friend' Davis Polk & Wardwell.
  • Linklaters & Alliance has added four corporate lawyers to its expanding Madrid office. The four lawyers include Ignacio Santillán formerly head of legal at the SCLV-trading and settlement body for the Spanish stock exchanges and wholesale private debt market, AIAF. Santillán was also an adviser to the CNMV, Spain's securities regulator.
  • Limitations on oil exports from Kazakhstan
  • McCarthy Tétrault, Canada's largest law firm, is to form an alliance with New York firm Fried, Frank, Harris, Shriver & Jacobsen. The relationship will initially involve the Canadian firm have a small team working in Fried Frank's New York office, but may deepen over time. Both firms specialize in M&A and corporate finance.
  • Tony Foster of Freshfields, Vietnam discusses the implications for foreign and domestic lenders of two decrees on security and the problems for clients in reconciling the two regimes
  • By Michael S Francies of Weil, Gotshal & Manges LLP, London
  • Dr Lorenzo Olgiati LLM, Schellenberg Wittmer Zurich