Press Releases

For Immediate Release
Contact: Melinda M. Bascone
Director of Marketing
Carter Ledyard & Milburn LLP


Continues Growth of World's Largest Inter-Dealer Broker

NEW YORK, April 30, 2002 - Wall Street law firm Carter, Ledyard & Milburn announced today that it has represented UK-based inter-dealer broker ICAP plc in its acquisition of First Brokers Securities, Inc. Details of the acquisition are described in the ICAP press release issued this morning in London.

"The firm is delighted to have represented ICAP in this transaction," said Robert McTamaney, Judith Lockhart, and Andris Vizbaras, the relationship partners at Carter, Ledyard & Milburn who have worked with ICAP on this and other transactions.

Carter, Ledyard & Milburn corporate partners Robert A. McTamaney, Andris Vizbaras, and James Gadsden, employment partner Judith A. Lockhart, tax partner Howard J. Barnet, Jr., ERISA counsel Patricia Matzye, and associates Richard Horne, Peter Flägel and David McDonald assisted Garban Intercapital North America's General Counsel Roger Campbell and ICAP plc General Counsel Edward Pank with the transaction.

The ICAP Group is active in the wholesale market for OTC derivatives, fixed income, money markets, futures, commodities, foreign exchange, equities and equity derivatives with daily turnover in excess of $330 billion. ICAP plc (IAP) is listed on the London Stock Exchange and is a FTSE 250 company. For more information go to

Carter Ledyard & Milburn LLP (, established in 1854, has approximately 90 attorneys and has been headquartered on Wall Street since its founding. Carter Ledyard's general practice includes corporate, securities, mergers and acquisitions, broker-dealer, on-shore and off-shore hedge and other alternative investment funds, private equity, litigation, intellectual property, environmental, employment, media and technology, immigration, investment regulation, antitrust, art law, trusts and estates, maritime, ERISA, tax-exempt organizations, real estate, tax and bankruptcy. A significant part of the firm's practice involves representing overseas-based clients and their U.S. affiliates, financial institutions and other financial services providers, governmental entities and media and technology clients.

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