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  • So far no top firm has followed Clifford Chance’s January 1 lead and completed a transatlantic merger. But as non-US firms in New York rapidly seek to build their US practices, behind the scenes negotiations are taking place at a frenzied pace. Tom Nicholson reports
  • Hong Kong's new economy is driven along by old money. This suits lawyers just fine, of course, because it means that established old economy clients can drag them effortlessly into new economy work.
  • Some US firms in London are beginning to count the cost of over-eager growth, but others are still hiring like there's no tomorrow. Rufus Jones looks at how US firms are pacing themselves in Europe's financial centre
  • Over the next few years, the vast scale of China's infrastructure and financing needs will give rise to increasing reliance on flexible and creative financing methods. Gao Peiji and Paul Kruger of Clifford Chance, Hong Kong, explain the obstacles facing clients for asset securitization in China
  • Change of domicile
  • The new French Electricity Act
  • Financial supervisor accepts internet as sole place for subscription
  • The closure of internet companies like boo.com are creating new hunting grounds for companies seeking strategic acquisitions in the US. Richard Mason, Mitchell Presser and David Silk of Wachtell, Lipton, Rosen & Katz in New York examine issues they must face
  • Mid-July saw the largest Turkish initial public offering (IPO) to date with Turkcell's floatation on the New York and Istanbul exchanges. The 11% stake in the company released in the IPO raised a total of $1.7 billion, valuing the company at approximately $16 billion.
  • Late June and early July saw a flurry of equity issues closing as bankers, lawyers and corporate chiefs alike tried to clear their desks before a well-earned summer reprieve. Among the offerings for those picking up investments before picking up the suntan lotion were two technology flotations - Zen Research and Orchestream – which took place in London under Chapter 25 of the listing rules of the UK Listing Authority. Allen & Overy, was involved in both through its relationship with UBS Warburg.