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  • As bankers and investors demand more complex debt repackagings, Rob Mannix identifies the structures and lawyers which have shaped the market
  • Suez Lyonnaise is selling its 68.3% stake in the life insurance product manufacturer La Hénin Vie to La Mondiale, a mutual life insurance group.
  • To permit foreign bank branches
  • New York’s Kaye, Scholer, Fierman, Hays & Handler has appointed Susan Rahm chair of the firm’s international practice group.
  • The government has published a policy paper as part of its budget proposals setting out far reaching reforms for the securities and futures markets. James Walker of Clifford Chance, Hong Kong outlines the proposals which include the merger of the Hong Kong exchanges
  • The downturn in emerging markets has seen counterparties resort to preemptive strikes against banks. Christopher Style and Stuart Dutson of Linklaters & Alliance, London explain how to reduce the risks of litigation on derivatives sales
  • The Eastern Petrochemical Company (SHARQ) is to expand its plant at Al-Jubail in Saudi Arabia.
  • Bonelli Erede and Pappalardo are the latest three firms to announce a merger as firms seek to establish credentials for those international firms still eyeing the market. Ben Maiden reports from Italy
  • Denton Hall’s European law firm association has linked with Swedish firm Wistrand.
  • In a formal ceremony last week the Chinese authorities granted 12 firms licences to practise in China.