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  • SJ Berwin has raided Baker & McKenzie's German venture capital and private equity funds group, as the UK firm's German arm details plans to establish a presence in the emerging Munich market.
  • The EU's committee of wise men has criticised the sluggish pace at which Europe has been moving towards increased market harmonization.
  • 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
  • Rehabilitation law to increase DIP financingKomatsu Koma & Nishikawa, Tokyo
  • 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.
  • Allen & Overy advised CIBC World Markets on its AAA-rated Eiwa securitization. The financing of the Japanese consumer finance company closed in early November and used a host of structures not usually seen outside of the US.
  • George Link, Allen & Overy Clifford Chance and Allen & Overy have been chosen above local firms to advise on Deutsche Telekom's euro18 billion ($15 billion) syndicated loan facility.
  • In a year when Germany has produced some of the biggest equity offerings around, November was – in a way - just another month. This time it was the state-owned mail and logistics group Deutsche Post to turn heads with an initial public offering (IPO) raising euro6.6 billion ($5.6 billion) at its November 20 launch.
  • Argentina's Estudio Beccar Varela has strengthened its co-operation agreement with Latin America's largest law firm, Pinheiro Neto of Brazil.