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New law on insolvency of credit organizations
April 30, 1999
BP Amoco buys Arco for $26.8 billion
BP Amoco is to buy the Atlantic Richfield Company (Arco) for $26.8 billion.
April 30, 1999
The leading firms for privatization revealed
Baker & McKenzie, Freshfields, Sullivan & Cromwell and Davis Polk & Wardwell lead the rankings for privatization issues in 1998, according to tables published in Privatization International.
April 30, 1999
Gide exodus prompts management rethink
Beleaguered French firm Gide Loyrette Nouel has ousted Xavier de Roux as chairman of its management committee.
April 30, 1999
Negotiations continue on the proposed withholding tax directive
In February 24, the Economic and Social Committee of the EU welcomed a proposal for a minimum effective taxation of interest paid to individuals who are resident for tax purposes in a member state other than the one in which an interest payment is made.
April 30, 1999
Anderson Kill in partner cull, office closures
New York-based firm Anderson Kill & Olick has made 22 partners redundant and is closing its offices in San Francisco and Phoenix
April 30, 1999
Private sector targets Irish energy projects
The Irish government has taken the first step towards liberalization of the electricity market with a bill to appoint a regulatory commission. Kevin Hoy of Mason Hayes & Curran discusses how the industry will be transformed by the implementation of EU policy
April 30, 1999
Imperial Tobacco offers first Yankee Bond
UK company Imperial Tobacco has issued its first ever Yankee bond, worth $600 million with the aid of US firms Weil Gotshal & Manges and Brown & Wood.
April 30, 1999
Leading US firms for M&A revealed
Minneapolis-based firm Dorsey & Whitney has completed more M&A deals in the US than any other firm.
April 30, 1999
Ontario sets new agenda for debt-like derivatives
The Task Force created by the Ontario Securities Commission has released its report on debt-like derivatives recommending legislation for the protection of retail investors. Clint Calder and Ron Schlumpf of CIBC World Markets, Toronto review the proposals
April 30, 1999
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