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According to a May 1998 Ernst & Young survey, 87% of respondents thought the incidence of fraud would increase over the next five years, yet fewer than half had taken the necessary cost-effective steps to protect themselves.

The London office of Weil, Gotshal & Manges this month finished working with Morgan Stanley Dean Witter on the structuring of the Eurocredit collateralized debt obligation. The offering, worth euro416.5 million ($439.7 million) is the first wholly European take on a US-originated financing. Lead partner Erica Handling explains the deal

The SEC's rules have been troubling high-tech start-ups.

Many forms of security are commonly used as a means of eliminating credit risk and assuring payment.

Switzerland's lawyers have been immune to the invasions seen in other European jurisdictions.

Following reports of discontent at the decision to merge with Clifford Chance, the Paris office of Rogers & Wells has agreed to become the first overseas office for New York's Kramer Levin Naftalis & Frankel LLP.

The repo lawyer is not like an ordinary lawyer.

UK law firms Wilde Sapte and Denton Hall announced on October 12 that the partnerships of both firms had voted to combine the two firms. The merger will create a new firm with around 1,500 staff. It will be the seventh largest in the UK, with just under 500 lawyers in the jurisdiction. The merged entity will be called Denton Wilde Sapte.

Clifford Chance has advised Deutsche Bank on the first securitization of receivables from a single airline lessee in Europe — a euro 195 million ($210 million) deal for Iberia. The transaction applies a well-developed US structure in Europe for the first time, creating a product that could radically change air finance in the region. It allows single airlines to raise money through securitization as an alternative to the conventional bank-loan and leasing markets, which are increasingly expensive and becoming less liquid.

Development of the investment funds industry By Philip Millward and Qiao Gangliang of Paul weiss Rifkind Wharton & Garrison, Hong Kong and Beijing