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  • Internet provider Freeserve, advised by Shearman & Sterling and Linklaters, launched its much-anticipated IPO on July 26. The offering included an institutional tranche and a US tranche and closed at a 37% premium on the offer price at the end of its first day of trading in London.
  • US firm Skadden Arps Slate Meagher & Flom is advising UK Cable company NTL on its aquisition of part of the business of Cable & Wireless communications. Travers Smith Braithwaite are advising NTL on UK law.
  • The proposed three way merger between Clifford Chance, Rogers & Wells and Pünder is set to create the world’s largest law firm. Ben Maiden reports on the reaction of City firms
  • US firms have been hired to advise on Europe’s biggest and most recent high yield issue.
  • The leading US firms in London talk candidly about the strengths and weaknesses of their capital markets practices. By Rob Mannix
  • Roschier-Holmberg & Waselius
  • Sometimes the magnitude of issues involved in specific transactions does not become clear immediately. To avoid being overwhelmed by legal issues Standard & Poor’s recommend deal parties confront certain legal issues in advance.
  • Tokyo Disneyland is the first corporate to seek cover through a catastrophe bond rather than traditional insurance. Jonathan Shann of Wilde Sapte, London outlines the structure and presents the firm’s report on alternative risk transfer
  • Uría & Menéndez
  • Pünder Volhard Weber & Axster