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International Edition

Italy: Protect the little guy

On 3 August 2009, Consob (the Italian securities market regulator) issued a new consultation document to regulate related party transactions carried out by listed companies and companies that issue financial instruments widely distributed among the public. The expiry date for public comment was 31 October 2009. Even though final rules might differ from those proposed, companies may wish to become familiar with the new regulations so as to plan future implementation appropriately.
8 minute read

International Edition

Linklaters signs up Spanish public law partner from CMS member firm

Linklaters has bolstered its Spanish public law and regulated sectors practice with the hire of Jose Gimenez from CMS Albinana & Suarez de Lezo. Gimenez will join Linklaters' Madrid arm as a partner next week (26 October) and will head up the firm's public law and regulated sectors practice.
2 minute read

International Edition

A fair trade

Alastair Mordaunt tells Alex Aldridge why he has no regrets about leaving Freshfields for the OFT - and how a stint in the public sector can do wonders for your CV...
5 minute read

International Edition

Madoff receives record 150-year sentence for massive fraud scheme

Fraudster Bernard Madoff has received a 150-year prison term for his gigantic Ponzi scheme, by far the largest-ever sentence for a white-collar crime. "Symbolism is important," Southern District of New York Judge Denny Chin said as he hit Madoff with the maximum possible term, imposed for offences the judge called "staggering" in size and scope.
3 minute read

International Edition

BT legal chief steps down after 18 years at telecoms giant

BT Global Services general counsel and commercial director Tim Cowen is stepping down after 18 years at the company. Cowen, a former regulatory lawyer at Lovells, joined BT Ignite as head of legal in 1991. Ten years later he became general counsel of successor organisation BT Global Services and subsequently took on the role of commercial director.
2 minute read

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