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  • In a letter to IFLR, Morgan Stanley, underwriter of Formula One’s $1.4 billion asset-backed Eurobond, responds to the European Commission’s statement of June 30 — in which it outlines its objections to F1’s business. Rob Mannix reports
  • Clifford Chance and Freshfields advised Schroders and Rotch Property on the setting up of a £1 billion ($1.5 billion) Eurobond programme allowing for flexible refinancing of the future projects sponsored by Rotch.
  • Ratings agency Standard & Poor’s has appointed Petrina Dawson as general counsel. Dawson will step into the vacancy left by Joanne Rose after her promotion to executive managing director for Standard & Poor’s structured finance ratings unit.
  • Dean M Colucci of Cadwalader Wickersham & Taft, New York, examines why the leveraged lease has become an attractive alternative to traditional non-recourse financing
  • Belser Altorfer & Partner
  • Dragsted Schlüter Helmer Nielsen
  • Stibbe Simont Monahan Duhot
  • Derman Ortak Avukat Bürosu
  • Canada’s Osler Hoskin & Harcourt has closed its London office. Its resident lawyers will go their separate ways; partner Mark Trachuk is headed back to Toronto while associate Rob Stewart has joined Allen & Overy.
  • Pünder Volhard Weber & Axster