29 September 1997


Baker & McKenzie advised bus maker North American Bus Industries on its $31m flotation on the Budapest Stock Exchange. Clifford Chance acted for the underwriter Credit Suisse First Boston. Duane Morris & Hedesher represented NABI in the US.


Woking solicitors Robbins Olivey acted for Surrey-based IS Solutions on its £6.4m share placing and listing on AIM. Martineau Johnson acted for the nominated adviser

Beachcroft Stanleys foresees trouble at EC hearing on new competition policy

Beachcroft Stanleys is predicting a ferocious row at a European Commission hearing on 6 and 7 October which is being held in order to find a new competition policy for Europe. The commission is considering which regulations will replace the current EC competition rules which are due to expire in 1999. In views canvassed by […]

In brief: Ex-merchant banker moves to Pinsents

Pinsent Curtis has appointed former merchant banker Michael Frank to its newly-created post of director of corporate client development, to help develop the business advice it provides to clients. Frank, who worked in the financial services sector for more than 30 years, was previously with NatWest Markets’ corporate finance office in Leeds, and left there […]

E&Y unveils MDPs plan to Dutch Bar

Ernst & Young is set to provide a “blueprint” to the Dutch Bar which it is hoped will provide a framework for an acceptable relationship between accounting firms and law firms in the Netherlands. Price Waterhouse and Arthur Andersen have been involved in legal wrangles with the Dutch Bar over its resistance to the setting […]

In brief: Solicitor advocates win commercial case

Solicitor advocates have broken new ground in appearing as the first silk and junior team in a Commercial Court case. Lawrence Collins QC, who heads Herbert Smith’s litigation and arbitration department, and partner Terry Mehigan won the complex insurance jurisdiction case for their Singapore client, the People’s Insurance Company. Mehigan said solicitor advocates had not […]

Canadian firm to be pioneer in Venezuela

Calgary firm Macleod Dixon has opened an office in Caracas to become the first Canadian firm to move into Latin America. The new office will be headed by Glenn Faass, who had been head of the firm’s Moscow office for the past five years. He is joined by Uisdean Vass, recruited from UK firm Clyde […]

Advice firm folds after DTI probe

Access to Justice Ltd, a benevolent company that provides legal advice to those who cannot afford a lawyer but are not eligible for legal aid, has been wound up following an investigation by the Department of Trade and Industry. The non-profit-making organisation, whose patrons include 12 Old Square silk John Roberts QC, was closed exceptionally […]

A&O lawyer joins 'young Turks' in PFI taskforce

Allen & Overy project finance senior assistant David Lee is the only lawyer to be appointed to the eight-strong Treasury Project Taskforce, which has been set up to drive forward PFI deals. Lee, who has advised on PFI projects to build several prisons, the Docklands Light Railway and the Channel Tunnel rail link, joins seven […]

Cheerful troubleshooter with a sharp business mind

The Government sought an expert to sort out PFI. It found him in the shape of former Linklaters partner Adrian Montague. Former Linklaters & Paines partner Adrian Montague is a classic City deal maker. Confident, good looking and able to smile with a charming wrinkle of the eyes, he also gives little away and is […]

Cameron McKenna advises on Energis float

Cameron McKenna is acting on what is expected to be the biggest flotation this year – National Grid’s sell-off of a minority stake in its telecoms arm, Energis. Corporate partner Sean Watson is leading the 26-strong team advising Energis, the same team which, when part of McKenna & Co, advised National Grid on its own […]

Students slam new CPE

STUDENTS at three leading law colleges have attacked the newly revised Common Professional Exam, claiming it has become too difficult to pass. Students at the University of Westminster, City University and the College of Law have sent The Lawyer a dossier of complaints about the new course. They have asked not to be named for […]

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