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  • Tax relief for venture capital firms
  • New regulations for compensation systems of directors and managers through shares and stock options
  • Trading regulations
  • Investment funds
  • Downstream mergers and financial assistance
  • Third release of the Easdaq rule book
  • The SEC’s new tender offer and M&A rules went into effect on January 24 and are already proving to be very different from the old rules. Meredith M Brown, Alan H Paley and William D Regner, of Debevoise & Plimpton, examine how the new rules are working in practice
  • Allen & Overy is beginning to see the fruits of its new London-based Italian desk, with the recent completion of what it says is one of the most important deals in Italy.
  • BP Amoco announced in mid-March that it will buy Burmah Castrol for $4.7 billion. Once the deal is concluded, Castrol will become its leading lubricants brand and will provide BP Amoco with subsidiary outlets in 55 countries around the world.
  • Davis Polk & Wardwell is advising on its second recent high-tech merger (see Network Solutions). The US firm is advising Mission Critical Software on its intended merger with NetIQ Corporation. Both companies are valued at $1.4 billion in what they describe as "a merger of equals".