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  • New York-based firm Anderson Kill & Olick has made 22 partners redundant and is closing its offices in San Francisco and Phoenix
  • Beleaguered French firm Gide Loyrette Nouel has ousted Xavier de Roux as chairman of its management committee.
  • US firm Vinson & Elkins has added Edward Gilbert as a partner in its Singapore office
  • The Irish government has taken the first step towards liberalization of the electricity market with a bill to appoint a regulatory commission. Kevin Hoy of Mason Hayes & Curran discusses how the industry will be transformed by the implementation of EU policy
  • Rules governing the listing of derivative warrants have just been introduced by the Cayman Islands Stock Exchange. The Exchange’s Chief Executive Officer, Ann Nealon explains the rules and the success they have already achieved with issuers
  • Nicholas Moller of Baker & McKenzie, Sydney, formerly of Siam Niti Law Office, Thailand explains how to set up effective security structures for Thai projects
  • As bankers and investors demand more complex debt repackagings, Rob Mannix identifies the structures and lawyers which have shaped the market
  • Based on its experiences with European exchanges, the Commodity Futures Trading Commission plans to allow US customer access to foreign electronic trading systems. By Michael S Sackheim, Brown & Wood LLP, New York
  • UK firms Simmons & Simmons and SJ Berwin are advising on British Land’s £1.54 billion ($2.5 billion) securitization.
  • BP Amoco is to buy the Atlantic Richfield Company (Arco) for $26.8 billion.