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  • Choosing foreign laws to govern loans to PRC projects does not preclude the need for domestic approvals and registration of security interests. Zhang Xin, in-house counsel at China Construction Bank, Shenzhen explains how to meet local requirements
  • Liberalization of the banking sector
  • Taxpayers granted right to request tax inspections
  • CY Leung of Baker & McKenzie, Hong Kong discusses the scope of the new law and highlights some surprise omissions in the regulations
  • The Swedish government has sold its remaining 7% stake in the US/Swedish pharmaceutical company Pharmacia & Upjohn (P&U).
  • UK mobile telecoms company Vodafone will acquire US rival AirTouch
  • Pillsbury, Madison & Sutro partner Mary Cranston has become the firm’s new chairperson.
  • UK law firm Watson, Farley & Williams has appointed Caryn Hemsworth as partner in the international finance group at the firm’s New York office.
  • US firm Sullivan & Cromwell is hiring lawyers with English law capability, the first front rank US practice to do so
  • Xavier de Roux, managing partner of Gide Loyrette Nouel, has spoken out about his firm’s recent spate of partner losses