Leading Channel Islands’ law firm, Carey Olsen, has opened its Singapore office following the granting of its licence by the Attorney-General's Chambers.
Carey Olsen managing partner, Alex Ohlsson, said the addition of a South East Asian office allowed the firm to provide advice on British Virgin Islands (BVI), Cayman, Guernsey and Jersey law from a network of international offices that covered all time zones and key financial markets.
"We have 43 partners and over 200 lawyers across the globe; opening a Singapore office gives our clients in the region direct access to our offshore legal services in their own time zone," he said.
"We have a longstanding track record of providing offshore advice to international law firms and clients in Asia on an extensive range of matters and transactions. Establishing an office in Singapore is a logical step for the firm."
The new office is led by managing partner Linda Lee who has been a high-level corporate practitioner in Singapore and Hong Kong for many years. Linda was formerly a partner in Allen & Overy's Singapore and Hong Kong corporate practices having joined the firm in 2000. She is joined by senior associates Elizabeth Killeen and Alan Hughes from Carey Olsen's BVI corporate team.
Ms Lee said: "This growth represents a strategic move to build on the significant experience Carey Olsen has with clients in Asia and to strengthen the relationships we have already established.
"Our firm has a particularly good reputation for its expertise in complex cross-border matters and for acting alongside, as well as for, many of the largest international law firms. I expect the team in Singapore to grow significantly as we develop our network in Asia and we will be making further announcements of our plans in the near future.”
Carey Olsen's Singapore office will have an initial focus on corporate and commercial transactions including capital markets, mergers & acquisitions, banking & finance and investment funds. The firm has one of the largest corporate teams in the offshore world with 23 partners and over 100 lawyers.
Notable recent work in Asia includes acting for West China Cement Limited, a Jersey incorporated, Hong Kong Stock Exchange-listed public company on its issuance of a US$400m high yield bond and advising China-based Reignwood International Investment (Group) Company Limited on its £135 million acquisition of shares in WG Acquisitions Limited – owner of the prestigious Wentworth Golf Club in the UK.