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  • New Commercial Companies Code to be enacted Effective January 2001, enactment of Poland's new Commercial Companies Code is expected. The bill introduces new regulations pertaining to, among other things, limited liability companies and joint stock companies — the two vehicles for foreign investments.
  • A number of UK firms have gained the mandate to work on German travel company Preussag's recommended bid for Thomson Travel Group. The bid values Thomson at £1.8 billion ($2.7 billion) and was announced in mid-May.
  • It is expected that UK firms will win most, if not all, of the five Singapore joint-venture licences on offer. The successful candidates will be announced on July 30.
  • Regulators in Singapore and the US have joined forces to crack down on fraud. The SEC and the Commodity Futures Trading Commission (CFTC) will both work with the Singapore Monetary Authority (MAS) on possible violations of securities and futures rules.
  • Garrigues & Andersen has emerged as the firm with the highest revenues in Spain for the second year in succession, according to a report in Spanish newspaper Expansión. The result underlines Garrigues' position as the flagship of the Andersen Legal network and will fuel the intense debate over the future for multi-disciplinary practices (MDPs).
  • CMS Cameron McKenna has announced that it is to include a Swiss firm in its European alliance. Von Erlach Klainguti Stettler Wille is to join the group in June and will adopt the CMS moniker.
  • By Rino Caiazzo, Ughi e Nunziante, Rome
  • By Luca Picone of Brosio, Casati e Associati in association with Allen & Overy, Milan
  • By Maurizio M Maiano and Gabriele Capecchi of Pisano, De Vito, Maiano & Catucci, Milan
  • By Alberto Giampieri and Giovanni Nardulli of Gianni, Origoni & Partners, Rome