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  • Simmons and Fried Frank link in capital markets
    In July, New York's Fried, Frank, Harris, Shriver & Jacobson and Simmons & Simmons of the UK created an International Securities Unit to handle both the English law and New York law aspects of securities issues. The unit, to be based in London, will be staffed by partners and other lawyers from both firms. It will handle the full range of both equity and bond issues in the US, UK and worldwide.
    August 31 1997
  • Invigorating message
    Franz Nauschnigg, capital markets adviser to the Austrian minister of finance, talks to Graham Field
    August 31 1997
  • Tax: Canadian commodity tax
    Millar Wyslobicky Kreklewetz, Toronto
    August 31 1997
  • Labour & Employment: Winds of change sweep through Ontario
    Filion, Wakely & Thorup, Toronto
    August 31 1997
  • Financing the Argentine provinces
    Economic reform is beginning to reach into the Argentine provincial governments. Esteban A Mancuso of White & Case, New York, discusses ways the provinces could solve their financing difficulties
    August 31 1997
  • Philippines
    The Revised Securities Act (RSA) Full Disclosure Rules (the Rules) became effective on October 7 1996. The Rules establish an integrated disclosure system for registration statements (RS) and other reports which must be filed with the Philippine Securities and Exchange Commission (SEC) and distributed to the investing public.
    August 31 1997
  • Finland
    In August a government committee published its report on the proposed reorganization of Finnish government financing institutions.
    August 31 1997
  • Calenergy fails in bid for NY State Electric and Gas
    International independent power producer Calenergy failed in its US$1.92 billion bid for regional electricity and gas supplier New York State Electric and Gas Corp.
    August 31 1997
  • Coudert enters Canada
    Coudert Brothers has announced it is to incorporate Montreal firm McDougall, Caron into its international network. The move into Canada is rare for an international US law firm and is the first US foray into Quebec. The firm has opened new offices in Berlin, St Petersburg and Denver in the last two years.
    August 31 1997
  • Switzerland
    Audit reports are a common source of information for investors. Many rely on the balance sheet and the audit report to assess a corporation's worth. Some investors go as far as considering an audit a reliable guide to a corporation's financial health. With this kind of expectation, litigation against auditors after an unsuccessful investment is not uncommon.
    August 31 1997
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