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  • Finland
    Netting laws to be extended to payment systems
    January 01 1999
  • The DaimlerChrysler revolution
    When DaimlerChrysler’s stock began to trade on the NYSE in mid-November, a quiet revolution began for foreign equity securities trading in the US. By Nicholas DS Brumm of Cravath, Swaine & Moore, New York*
    January 01 1999
  • Tyco buys AMP for $11.3 billion
    The industrial conglomerate Tyco has announced that it is to acquire AMP in an all-stock deal. The offer has rescued the Harrisburg, Pennsylvania-based electrical equipment manufacturer from the hostile takeover attempt by AlliedSignal announced in the summer. Tyco’s offer tops AlliedSignal’s cash bid by $1.6 billion.
    January 01 1999
  • New investment opportunities in German energy
    The German government has been formulating plans for energy reform since early 1996 and a new energy bill has finally been completed. By Jan Byok of Wessing
    January 01 1999
  • Debt-equity swaps — a solution for Russian loans?
    Robert Sexton of Salans Hertzfeld & Heilbronn, Paris explains how debt-equity swaps could help foreign creditors seeking recovery of Russian loans given the precedent of the US junk bond crisis
    January 01 1999
  • Chile
    Law 19,589, enacted on November 14 1998, reformed Decree Law 3,475 of 1980 which regulates the stamp tax applicable to documents containing loans and other credit transactions, including foreign loans granted by foreign entities to Chilean companies and individuals.
    January 01 1999
  • Uruguay
    Public offering and private placement under Securities Law
    January 01 1999
  • United Kingdom
    Banks prepare for Emu
    January 01 1999
  • Switzerland
    Parallel imports
    January 01 1999
  • Allen & Overy advises on $20 billion
    UK law firm Allen & Overy advised Citibank Credit Structures on the launch of new secured debt programmes with a total value of $20 billion.
    January 01 1999
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