Legal
• Linklaters, the top-ranked legal adviser on mergers and acquisitions in 2005, said its 160 Chinese lawyers are outperforming the firm in profitability and are having to turn away deals.
• The UK may seek to collect about £1bn in taxes from hedge-fund managers, who may be concealing income abroad, a partner at accounting firm KPMG said.
• Royal Dutch Shell, Europe's second-largest oil company, plans to appeal against a Nigerian court decision demanding it pay $1.5bn into an escrow account for damages to Nigerian communities.
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