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  • Canada’s Osler Hoskin & Harcourt has closed its London office. Its resident lawyers will go their separate ways; partner Mark Trachuk is headed back to Toronto while associate Rob Stewart has joined Allen & Overy.
  • Dean M Colucci of Cadwalader Wickersham & Taft, New York, examines why the leveraged lease has become an attractive alternative to traditional non-recourse financing
  • The proposed three way merger between Clifford Chance, Rogers & Wells and Pünder is set to create the world’s largest law firm. Ben Maiden reports on the reaction of City firms
  • Belser Altorfer & Partner
  • In a letter to IFLR, Morgan Stanley, underwriter of Formula One’s $1.4 billion asset-backed Eurobond, responds to the European Commission’s statement of June 30 — in which it outlines its objections to F1’s business. Rob Mannix reports
  • Benelux firm Loeff Claeys Verbeke has split into three factions. One group of around 35 partners are set to merge with Allen & Overy and another group of 26 partners will link with Dutch tax firm Loyens & Volkmaars.
  • Ratings agency Standard & Poor’s has appointed Petrina Dawson as general counsel. Dawson will step into the vacancy left by Joanne Rose after her promotion to executive managing director for Standard & Poor’s structured finance ratings unit.
  • Tokyo Disneyland is the first corporate to seek cover through a catastrophe bond rather than traditional insurance. Jonathan Shann of Wilde Sapte, London outlines the structure and presents the firm’s report on alternative risk transfer
  • Overview of developments in the past year By Richard M Gray of Milbank, Tweed, Hadley & McCloy LLP, Singapore
  • The London office of US firm Weil Gotshal & Manges has recruited partner Bruce Johnston from UK firm Wilde Sapte to boost its project finance capability.