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  • Dutch auction issuer bids find marketSmith Lyons, Toronto
  • Five European law firms are involved in the agreed sale of Spray Networks, the Dutch subsidiary of Sweden's Spray Ventures, to Lycos Europe in one of the first significant steps towards consolidation in the European internet portal industry. The sale is valued at euro674 million ($566 million).
  • Norton Rose has captured the mandate to advise EasyJet, a leading European low cost flight operator, on its forthcoming initial public offering (IPO). The IPO is set to launch in mid-November. One estimate suggests the deal could raise £200 million ($289 million). Partner Mark Lloyd Williams leading the Norton Rose team with fellow partners Richard Baumann in the US and Chris Randall and Jeremy Edwards in London.
  • The International Swaps and Derivatives Association (ISDA) issued its "Operational Regulatory Approach Discussion Paper" in October. The paper was complied in co-operation with ISDA member firms and argues that regulatory appraisal of operational risk management by financial institutions should include a set of qualitative criteria.
  • US firm Coudert Brothers is planning to merge with Swedish firm Schürmann & Grönberg, its associated Stockholm office, in January 2001. The Stockholm practice was part of German firm Schürmann & Partners and became an affiliate office when its parent merged with Coudert in January this year.
  • Foreign investors to file tax return upon transfer of ownership of investmentsGómez Pinzón & Associados, Bogota
  • Dutch auction issuer bids find marketSmith Lyons, Toronto
  • Corporate departments in central European law firms are enjoying a slew of mergers and acquisitions, but capital markets lawyers are slugging it out in a tight and ever-developing market. Rufus Jones reports
  • Morrison & Foerster's China practice continues to expand. The firm's west coast credentials are proving so attractive to hi-tech clients with operations in the mainland that MoFo is having to hire new bodies to cover the demand.
  • Allen & Overy ul. Zelazna 28/30