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  • 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
  • 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
  • French firm links up with Big Six network
    French firm Thomas & Associés, with 50 lawyers, has announced it will merge with 220-lawyer firm Deloitte et Touche Juridique et Fiscal, part of Deloitte Touche Tohmatsu International, on September 1.
    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
  • 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
  • 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
  • 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
  • Mergers and acquisitions: How to structure an M&A deal
    McCarthy Tétrault, Toronto and London
    August 31 1997
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