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  • Simmons & Simmons grabs two deals in Hong Kong
    Simmons & Simmons has been used as adviser on two of Hong Kong's largest recent deals, underlining its status in the market. In the first, the UK firm advised Pacific Century Cyberworks (PCCW) on its acquisition of Cable & Wireless HKT. The successful bid is one the largest takeovers in Asia with a value of $36 billion. Cable & Wireless owns a 54% stake in HKT. The merger will make PCCW the third largest company on the Hong Kong Stock Exchange.
    March 31 2000
  • Shearman & Sterling recruits non-lawyer to board
    US law firm Shearman & Sterling has hired a non-lawyer, Clinton Kendrick, to its executive board. The firm calls Kendrick "an international financial services executive and entrepreneur". He joins the firm from Matrix Global Investments, where he was CEO. The other members of the four-man board are: Stephen Volk, senior partner; Whitney Pidot, managing partner; and David Heleniak, European coordinator.
    March 31 2000
  • All change as Freehills adopts national partnership
    The regional partnerships of Australia's Freehill Hollingdale & Page voted at the start of March to adopt a single national partnership. The new arrangement will become effective as of July 1 of this year.
    March 31 2000
  • Switzerland
    Tax relief for venture capital firms
    March 31 2000
  • First European shopping centre securitized
    The Trafford Centre in Manchester, one of the UK's largest shopping centres, has become the first of its kind in Europe to launch a securitization financing.
    March 31 2000
  • Athens ring road financing completes ... at last
    It's been a long time coming. In fact, it's taken longer to complete than any other syndication. But — at last — the financing agreements for Athens' new ring roads were signed in early March.
    March 31 2000
  • Telewest and Flextech announce £13 billion merger
    Telewest Communications and Flextech have announced that they intend to merge. The two companies have approximate market capitalizations of £10.1 billion ($16 billion) and £2.5 billion respectively.
    March 31 2000
  • US structured finance
    The rapid development of the e-commerce industry had made it difficult for regulators to keep up. David Schumacher of Chadbourne & Parke looks at recent efforts in the US to provide certainty to electronic transactions
    March 31 2000
  • Salans Hertzfeld bolsters Warsaw telecommunications practice
    Salans Hertzfeld & Heilbronn announced in March that it has hired Krzysztof Stefanowicz as its new IT and telecommunications partner in the Warsaw office. The arrival of Stefanowicz will increase the office's number of partners to four, and significantly expand its high-tech and telecommunications practice. Stefanowicz joins from Hogan & Hartson, also in Warsaw.
    March 31 2000
  • Two heads are better than one at Garrigues & Andersen
    Garrigues & Andersen, has appointed Jose Maria Alonzo and Miguel Gordillo as joint managing partners. The directors of Garrigues voted unanimously to maintain the joint-management system that was introduced three years ago when the Spanish firm merged with the big five's Arthur Andersen. They replace Daniel Garcia-Pita and Alberto Terol. Antonio Garrigues will remain as president.
    March 31 2000
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