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  • UK firm Lovells is advising Corus on the proposed sale of its aluminium business
  • Baker & McKenzie has advised online recruitment company TMP Worldwide on its plan to spin-off several business units
  • Hong Kong delays sales tax Sunday, 27-Oct-02 00:00:00 GMT NewsInBrief 11349 Introducing a sales tax to help tackle Hong Kong's budget deficit is not an option, according to the Hong Kong's Chief Executive. According to press reports Tung Chee-hwa reiterated the finance secretary's (Antony Leung's) view that reducing public spending is a better solution as a sales tax could make the problems worse.
  • Cleary Gottlieb advises on Nortel disposal Sunday, 27-Oct-02 00:00:00 GMT NewsInBrief 11353
  • Landwell in Paris has poached a group of 15 tax lawyers from the defunct Andersen
  • German company Siemens Corporation has sold seven businesses worldwide to private equity firm Kohlberg Kravis Roberts & Co (KKR).
  • Professional services firms in the US may lose billions of dollars from lost tax work when the US’ Sarbanes-Oxley act is fully implemented
  • Latham & Watkins has poached a Mayer Brown Rowe & Maw tax litigator for its Washington office
  • French law firm PDGB has boosted its Paris tax practice with a senior partner hire
  • SchutGrosheide, the Dutch law firm and member of UK firm DLA’s European alliance, D&P, has boosted its tax department with the appointment of three tax specialists