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  • 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
  • Cyprus
    Cyprus has attracted offshore enterprises from almost 100 countries, and in the past few years Europe has been the main source of new company registrations. In the first half of 1997, 79.2% of the registrations originated from Europe, 12.9% from America, 5.5% from Asia, 1.7% from Africa and 0.7% from Australia.
    August 31 1997
  • Colombia
    To carry out proper due diligence as required by Colombian law, the following general guidelines on corporate duties, government permits, labour matters and taxation should be followed.
    August 31 1997
  • Project Prime completed
    Partnership Property Management, a consortium led by Goldman Sachs, was chosen to take over the UK Department of Social Security's 700 properties. This deal, known as Project Prime, is the largest Private Finance Initiative transaction to date with a total value of £4 billion (US$6 billion)
    August 31 1997
  • Burlington Resources and Louisiana Land combine
    Burlington Resources and Louisiana Land and Exploration have combined. The deal is valued at US$3 billion. The combined company will be one of the leading independent energy exploration and production companies worldwide.
    August 31 1997
  • Bruckhaus Westrick Stegemann closes in Japan
    German firm Bruckhaus Westrick Stegemann has announced the closure of its Tokyo office. The office had been staffed by a single German lawyer since it opened in 1990.
    August 31 1997
  • Mergers and acquisitions: How to structure an M&A deal
    McCarthy Tétrault, Toronto and London
    August 31 1997
  • Banking: Canada welcomes foreign branches
    Aird & Berlis, Toronto
    August 31 1997
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