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  • Methodology
    The aim of the research was to identify the best law firms providing services to the oil, gas and power sectors. The research project was completed in six months by teams in London and New York. The primary data for the research was collected through questionnaires asking respondents to rank law firms, financial institutions and accountancy firms across different functions in three areas (upstream, downstream and power) on a global basis
    August 31 1999
  • Cutting Edge-Weil Gotshal advises Netia on $121 million IPO
    US firm Weil, Gotshal & Manges advised Polish telecommunications company Netia on its $121 million initial public offering (IPO) on the Nasdaq stock exchange. Netia is the first Polish company to list on Nasdaq and only the second eastern-European company to do so. US firm Latham & Watkins advised underwriters Donaldson, Lufkin & Jenrette.
    August 31 1999
  • SEC allows expanded stock incentive plans
    The SEC has lifted its $5 million fixed limit on stock incentive plans for foreign companies with US operations. But as Michael Alcamo of Morgan, Lewis & Bockius, New York, explains, tougher disclosure requirements present new challenges
    August 31 1999
  • Can China ensure stability of the renminbi
    The Chinese government's robust defence of the renminbi during the Asian financial crisis prevented devaluation.
    August 31 1999
  • Belgium
    By Prof Dr J Steenbergen of Loeff Claeys Verbeke Brussels, University of Leuven The amendments are concerned primarily with the rules on merger control and joint ventures. The law of April 26 1999 also addresses a number of procedural issues. Belgian Competition Law is modelled on the EU rules of competition
    August 31 1999
  • Austria
    Share buybacks facilitated
    August 31 1999
  • Italy's Toffoletto to merge with Negri-Clementi, Montironi & Soci
    In a sign of further consolidation in the Italian market, Toffoletto has agreed to merge with Negri-Clementi, Montironi & Soci. Turin-based firm Ganna & Asociati will also join the new firm, to be called Negri Clementi, Toffoletto, Montironi & Soci. The firms signed agreements at the end of June but the merger will not be effective until January 1 2000
    August 31 1999
  • Brazil
    Privatization of the electricity sector is resumed
    August 31 1999
  • Legal certainty for securities held as collateral
    The EU’s Finality Directive is designed to provide greater legal certainty following the introduction of the euro. Richard Potok of Potok & Co, London, looks at the progress of the implementation of Article 9(2) of the Directive throughout the Union.
    August 31 1999
  • Ashurst represents Deutsche Telekom in acquisition of One2One
    Ashurst Morris Crisp is advising Deutsche Telekom on the acquisition of the UK's fourth largest mobile telephone operator, One2One. The deal is worth £8.4 billion ($13.5 billion) comprising £6.9 billion in cash and £1.5 billion in assumed debt, the largest cash acquisition by a German company.
    August 31 1999
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