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  • On April 23 1999, the Commission approved the takeover of Bankers Trust Corporation by Deutsche Bank.
  • The new regulations on securitization in Italy allow for more flexible structuring of deals. Raffaele Rizzi of Baker & McKenzie, London explains how to match the right structure to the securitized assets
  • Eversheds’ associated Bulgarian office in the capital Sofia is to have a full time English qualified lawyer based there. Until now the UK firm has been represented in the jurisdiction by local firm Georgiev Todorov & Co, which has 32 lawyers.
  • New York-based firm Paul, Weiss, Rifkind, Wharton & Garrison has appointed a firm chairman for the first time, with the aim of focusing on long-term issues and studying international opportunities. Alfred Youngwood, who is both chair of the firm and chair of the firm’s management committee, reveals that the first option being considered is a London office.
  • Baker & McKenzie, Freshfields, Sullivan & Cromwell and Davis Polk & Wardwell lead the rankings for privatization issues in 1998, according to tables published in Privatization International.
  • 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.
  • 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
  • Nicholas Moller of Baker & McKenzie, Sydney, formerly of Siam Niti Law Office, Thailand explains how to set up effective security structures for Thai projects
  • Sweden plans a new regime for asset-backed issues from January 1 2000, allowing for onshore structures to securitize local assets. Svante Hultqvist and Tomas Gärdfors of Advokatfirman Lindahl outline the proposals