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  • Swedish recommendation on mandatory offers
  • New code of conduct for Italian banks regarding corporate restructurings
  • Germany strengthens rules on default of payments
  • Californian firm Morrison & Foerster has poached technology specialist Steven Toronto from Coudert's Beijing office. Toronto will act as managing partner for Morrison's own Beijing office.
  • New rules for reverse convertible or exchangeable notes
  • The Hong Kong Stock Exchange has listed on its own exchange with the help of Allen & Overy. Hong Kong Exchanges and Clearing (HKEx) was created last year by the merger of the stock exchange, the futures exchange and their associated clearing houses.
  • Debevoise & Plimpton is the latest US firm to gain at the expense of the SEC. Kenneth Berman, associate director of the SEC's Investment Management division, will join Debevoise's Washington practice as partner in August after 12 years with the commission.
  • Simmons & Simmons has been advising US online retailer priceline.com in its strategic alliance with Hutchison Whampoa.
  • 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.