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Vaults running out of space for gold
Deep in the 7.4-acre Singapore FreePort next to Changi International Airport's runways is the bullion vault of Swiss Precious Metals, behind seven-metric-ton steel doors built to survive a plane crash or earthquake.The rooms are almost full after demand rose fivefold in the year since the Geneva-based company opened the facility.Norton Rose Joins Clifford Chance on Record Islamic Financing
Clifford Chance and Norton Rose have bagged lead roles on the largest Islamic financing of a U.K. property to date -- the sale of Chelsea Barracks in a deal worth almost 1 billion pounds. Clifford Chance advised the buyer, Project Blue, while London rival Norton Rose acted for the underwriting banks on a deal that values Chelsea Barracks at $1.9 billion.Canada Report: Canadian Peacekeeper
At the close of his career, Canada's corporate fix-it specialist, Purdy Crawford, led marathon efforts to rescue a stalled $34 billion securities market. But a few unhappy investors stood in the way.Asia Deal Digest: July 25, 2013
* Olympus turns to Shearman for $1.2 billion overseas equity offering* Three firms on loan deal for boardshort maker Billabong* Latham on $222 million international private schools mergerAsia Deal Digest: December 8, 2011
A shopping mall developer bags a triple pack of Aussie firms for its restructuring; Freshfields ensures its role on a Chinese insurer's IPO; and Allen & Overy moves in for a Singapore property fund's notes issue.Asia Deal Digest: April 19, 2012
* Hadiputranto Hadinoto weighs in for Indonesia's biggest buyout * Freehills helps Asian investors mine Australia's iron ore assets * MoFo helps a Japanese giant bag a U.S. retail electronics dealCite as: In Re Nortel Networks Corp., 01 Civ. 1855 (Rmb), NYLJ 1202470874626, at *1 (SDNY, Decided: August 20, 2010)District Judge Richard M. Bermanp class
Foreclosures fall to lowest level in 18 months
The number of U.S. homes taken back by lenders dropped to the lowest level in 18 months in November, the result of foreclosure freezes enacted by several banks following allegations that evictions were handled improperly.Cite as: Hess v. Cohen & Slamowitz, 10-424, NYLJ 1202483096129, at *1 (2d Cir., Decided February 23, 2011)Before: Pooler, Katzmann and Wesley, C.JJ.p c
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