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  • A stellar team of law firms has been assembled to represent Exxon and Mobil on their $79 billion merger, the largest in history. The merged company will be known as Exxon Mobil and, with a market value of $250 billion, will be the world’s biggest quoted energy company, ahead of Royal Dutch/Shell Group. The different firms are needed to cover regulatory and antitrust aspects, as well as corporate issues, for the US and the companies’ principal foreign subsidiaries.
  • Guernsey law firm, Ferbrache & Co (soon to be renamed Ferbrache Morgan) plans to poach partners from City firms in a bid to compete with other firms on the island. The planned growth has resulted from Ferbrache & Co receiving more work as a result of its alliance with The Bank of East Asia.
  • "We are in conversations with Brown & Wood, looking towards a merger," says James Hurlock, chair of the management committee of New York firm White & Case. Talks began in late October, and the firms hope to have an agreement, if the discussions progress satisfactorily, by the end of February. A merger would create the world's fifth largest law firm.
  • Thomas Bischof, general counsel of the finance department at Swisscom, Berne, talks to Stephen Mulrenan
  • Firms in Asia are all looking to restructuring to survive but who’s really bringing in the corporate recovery work in the region? Alison Shaw reports from Hong Kong
  • Non-voting shares regime
  • Denmark adapts to the euro
  • US law firm Weil Gotshal & Manges is advising the City of Krakow on its Dm66 million ($40 million) eurobond issue. The deal, which was challenging to structure because of the Polish authorization procedure, has raised hopes in the market.
  • UK firm Freshfields has appointed US arbitration lawyer Eric Schwartz, a former partner in the Paris office of Salans Hertzfeld & Heilbronn, as partner in its arbitration practice. Resident in the Paris office of Freshfields, Schwartz expects to take advantage of a greater depth of resources than he found at his old firm.
  • New York law firm Kelley Drye & Warren has made lateral hires to set up an International Trade and Investment Group and expand its Financial Institutions Group.