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  • Name partners Christopher Tite and Mark Lewis have resigned from Arnheim Tite & Lewis, the UK correspondent law firm of Big Five professional services firm PricewaterhouseCoopers (PwC). They have moved to big five rival Ernst & Young to help establish its legal arm.
  • By resisting the advances of the international legal networks Spanish firms hope to forge a global role of their own. Ben Maiden reports
  • The Spanish Government has approved the creation of a new technology market for high growth companies. The Spanish National Securities Market Commission's (CNMV) Circular 1/2000 of February 10 develops a Ministerial Order of December 22 1999. The main features of the Spanish New Market are as follows:
  • US firm Shearman & Sterling has attracted leading London securitization partner Marke Raines from City firm Allen & Overy.
  • IFLR’s unique data once again reveals the leading legal advisers on international bond issues. Linklaters tops the stand alone issues while Clifford Chance and Allen & Overy lead the market in securitization and MTNs. Rob Mannix reports
  • Portugal’s status as a small economy on the EU’s outer rim has often left the Portuguese feeling removed from the Union. The real opportunities may be elsewhere. Ben Maiden reports
  • International firm Salans Hertzfeld & Heilbronn has added to its employment department in its London office.
  • Mannesmann has agreed to a $176 billion merger with Vodafone AirTouch in a partnership that will create Europe's biggest telecoms company.
  • US firm Weil Gotshal & Manges has lost Maurice Allen, joint head of its London office, in what the firm has described as a mutual understanding. Allen resigned together with corporate partners Nick Holt and Martin Hughes. Holt specializes in equity transactions, Hughes in international bank finance. They were followed a couple of days later by Rachel Hatfield, a capital markets partner.
  • The general principles for the regulation of telecommunications were laid down in the Telecommunications Act adopted in 1992.