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  • Tax partner Kathleen Ferrell led the Davis Polk & Wardwell team for BSCH.
  • Following the UK’s latest alternative to an EU withholding tax and an OECD report, there could be big changes ahead for global banking secrecy. Rufus Jones reports
  • HSBC was advised by Clifford Chance. In the UK, Jonathan Elman, Michael Brosnahan and Helen Smith handled tax aspects of the transaction, along with John Lutz and David Hepp in the US.
  • Milbank, Tweed, Hadley & McCloy represented the lead arrangers, who comprised Amro Bank, Bank of America, Westdeutsche Landesbank Girozentrale, Citibank and Wachovia Bank. Milbank associates Nicholas DeCarlo, Julie Jacobs and Dean Manson worked on the deal, led by partner Glen Gerstell, of the Washington DC office.
  • The share scheme issues are being handled by Robin Tremaine of Clifford Chance in London and Andy Oringer of the New York office. Daniel Bushner in London and David Bernstein in New York, together with Sema chief legal counsel Nick Deeming are leading the merger negotiations.
  • ASSA ABLOY turned to David Lewis, tax partner with Allen & Overy in London for advice.
  • Asia's top advisers are sitting pretty. Work in China continues to develop at a frantic pace, and Japan has bounced back with an increased appetite for tax planning. More changes are due and clients are calling for more firms to get in on the act. Rufus Jones reports
  • The UK chancellor of the exchequer presented his budget on March 21, and the Finance Bill was published on April 7 – at 558 pages it was by far the longest ever. The bill has to be debated in and approved by parliament before it becomes law. Thus, while many of the measures take effect immediately, changes could be made during the parliamentary process.
  • Milbank, Tweed, Hadley & McCloy represented IBRA. Global corporate finance partners Oren Azar and Richard Gray, assisted by associate David Zemans, negotiated and structured the sale. Mochtar, Karuwin & Komar served as Indonesian legal counsel.
  • Nina Buchan has been made a partner with Clifford Chance's tax practice in London, becoming one of the 72 lawyers in the firm's 29-office global network to be promoted to partnership status as of May 1 this year.