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  • US holding company Georgia-Pacific is acquiring North America’s largest paper distributing and marketing company, Unisource
  • Bermuda-based Tyco, one of the world’s leading underwater telecommunications providers, is to buy Raychem, a US company that designs, manufactures and distributes electronic components, for $2.87 billion
  • British telecoms company Cable & Wireless (C&W) has bought Japanese telephone business International Digital Communications (IDC) in the country’s first successful hostile takeover.
  • The Revised Uniform Commercial Code Article 9 By Warren F Cooke of Milbank Tweed Hadley & McCloy LLP, New York
  • Restructuring the banking system By Mira Davidovski of Salans Hertzfeld & Heilbronn, Moscow
  • The new regulation on investment solicitation By Giuseppe Scassellati-Sforzolini and Petro Fioruzzi of Cleary, Gottlieb, Steen & Hamilton, Rome
  • Euro By Markus Heidinger of Wolf Theiss & Partners, Vienna
  • Banking By Velupillai Murugesu and Kandiah Neelakandan of Murugesu & Neelakandan, Colombo
  • The Dutch Central Bank and Securities Board have given the clearest guidance to date on the qualification criteria for restricted circle offerings. By Pieter Riemer of Trenité Van Doorne, London
  • Effect of subordination agreements in bankruptcy proceedings