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| | Sidley Austin | Client Resources | July 29, 2005 - Latin American Edition |
 | | It was reported on July 20, 2005 that the SEC’s Office of Mergers and Acquisitions granted the Korea Fund, Inc., a Maryland investment company, in connection with its in-kind share repurchase offer, an exemption allowing it to require Japanese holders of fund shares immediately to sell the securities they received. |
 | | It has been reported that on July 27, 2005, the IDB appointed Luis Alberto Moreno as its new president, effective October 1, for a five-year term. |
 | | It has been reported that on July 22, 2005 the SENIAT, Venezuela’s tax authority, assessed a non-Venezuelan oil company US$85 million in retroactive income taxes and fines pursuant to a policy identifying fields operated by non-Venezuelan companies as being in breach of the country’s tax laws. |
| www.sidley.com /news/pub.asp?PubID=1317158232005 (447 words) |
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