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  • The SEC’s new rules on cross-border M&A offers and rights offerings become effective in the New Year.
  • On November 19 South Africa completed the partial privatization of Africa's largest airline, South African Airways (SAA).
  • Navigating uncharted waters - taking security interests in US trade marks By Deborah Schavey Ruff of Mayer, Brown & Platt, Chicago
  • Political risk insurance and emerging markets structured securities By Thomas B Siebens and Lonnie S Keene of Milbank, Tweed, Hadley & McCloy
  • Reports of a potential merger between San Francisco firm Orrick, Herrington & Sutcliffe and London IP/IT boutique Bird & Bird emerged at the end of October. The stories have been met with denials and silence at the two firms. However, rumours continue to circulate.
  • Milbank Tweed leads on first US-style LBO in post-recession Asia
  • The US's Holland & Knight has formed an alliance with an Argentinean firm in its second international link-up this year. The firm has established a representative office as part of its strategic alliance with local firm Alvarez Prado, Cabanellas & Kelly
  • The SEC has lifted its $5 million fixed limit on stock incentive plans for foreign companies with US operations.
  • CMS Strommer Reich-Rohrwig Karasek Hainz Vienna
  • Three UK law firms have completed the rehabilitation of a bank in eastern Europe. Simmons & Simmons, Clifford Chance and Freshfields have all worked on the successful rehabilitation of Latvian bank Rigas Komercbanka, which went into administration in February of this year. The bank reopened for business on October 26 and is now known as First Commercial Bank of Latvia.