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  • In a formal ceremony last week the Chinese authorities granted 12 firms licences to practise in China.
  • US firm Hunton & Williams has opened a London office, the firm’s fifth office outside the US.
  • Despite political opposition, draft legislation is being prepared to allow for expanded foreign investments in electricity generation and transmission. Alexis Rovzar, Susan Grisso de Ortega and Matthew Wilhoit of White & Case, LLP, Mexico City review the proposals
  • Local authorities and their role in the reduction of the national public deficit
  • Dutch insurer Aegon has announced its intention to buy US rival Transamerica in a deal valued at $9.7 billion.
  • New York-based Brown & Wood has ended merger negotiations with rival White & Case
  • New York’s Kaye, Scholer, Fierman, Hays & Handler has appointed Susan Rahm chair of the firm’s international practice group.
  • With its first mortgage bond bank due to start trading, Luxembourg is aiming to create an international market for mortgage-backed securities. Henri Wagner, partner at Beghin Nothar Feider Loeff Claeys Verbeke, Luxembourg reviews the legislation which will govern the new banks
  • Firms are snapping at the heels of Clifford Chance following the loss of securitization head Robert Palache in September. Rob Mannix assesses the leading firms in one of the most lucrative legal markets
  • New market at the Swiss Stock Exchange for venture capital firms