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  • 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
  • The Netherlands gives securitization a double boost
    The Dutch Supreme Court recently confirmed parties’ freedom to determine the choice of law in an assignment of receivables. In conjunction with new rules on SPVs, the result is a likely boom in Dutch securitization. By Piet-Hein de Jager of Loeff Claeys Verbeke, Amsterdam
    August 31 1997
  • Asian litigation
    The Privy Council restored Rogers J's decision in Canon Kabushiki Kaisha v Green Cartridge Co (HK) which the Court of Appeal overturned, as reported in this column in May 1995 and September 1996.
    August 31 1997
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