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  • New Economic Regulations Bill
  • Asset transfer tax on secondary offerings of shares
  • Euronext: a strategic move towards one European Stock Exchange
  • The Paris office of UK firm Freshfields has welcomed the arrival of one of Europe's leading securities lawyers. Patrick Bonvarlet started at the firm on April 17, leaving behind Dutch/Belgian/French practice Stibbe Simont Monahan Duhot & Giroux. At Freshfields, Bonvarlet has teamed up with partners Gavin Darlington and Arnaud Peres, helping to develop the firm's European securities and M&A practice.
  • Baker & McKenzie is acting for a Polish leasing company on its dual equity listing. Europejski Fundusz Leasingowy (EFL) has launched an international and domestic offering of shares and global depositary receipts (GDRs) on the London and Warsaw stock exchanges. Bakers’ role is international transaction and company counsel. The value of the offering, consisting of new issue shares, was $82 million.
  • Hubert Blanc-Jouvan of Allen & Overy, Paris argues that without reforms French companies are prevented from freely investing in certain categories of securities outside France
  • Linklaters has advised Zambia Copper Investments, a subsidiary of Anglo American, on its acquisition of the privatized assets of Zambia Consolidated Copper Mines (ZCCM).
  • Allen & Overy has completed its second recent property securitization by advising Northern Rock on its £750 million ($1.2 billion) financing.
  • Australian firms benefited in 1999 from record levels of mergers and acquisitions, and none gained more than Freehill Hollingdale & Page. Figures compiled by Thomson Financial Securities Data show Freehills once again topped the tables, advising on 129 transactions worth more than A$23.7 billion. That represents 42% of the total market.
  • Brown & Wood corporate and securities partner Michael Schiavone has joined the New York office of Shearman & Sterling. He specializes in new product development, financial institutions and telecommunications companies.