Channel Islands law firm Carey Olsen advises more clients listed on AIM (the London Stock Exchange’s alternative investment market) than any other offshore law firm and remains the only offshore firm in the top ten, ranking alongside UK legal advisers to AIM listed companies, according to the latest rankings produced by market analysis firm Hemscott for the quarter ending 9 July 2010.
Carey Olsen takes sixth place for advising FTSE AIM 100 companies on listings and has maintained its second ranked position in relation to the number of current AIM-listed financial clients. The firm was also confirmed as a top ten legal advisor in the more comprehensive Hemscott Corporate Advisers Rankings Guide published earlier this year in May which includes all the FTSE listed companies. This report highlights Carey Olsen as advising more FTSE and AIM clients than any other offshore law firm.
Chairman John Kelleher said the latest Hemscott rankings show that Carey Olsen continues to match major City firms in providing services to listed clients.
“These latest rankings clearly demonstrate that Carey Olsen continues to be the leading Channel Islands’ offshore law firm as ranked by the clients we advise. The report reflects the position of the Channel Islands as leading jurisdictions for the establishment of AIM and main market investment companies and is an endorsement that Carey Olsen is the firm of choice for legal advice in the Channel Islands."
Carey Olsen has recently advised Bellzone Mining plc on its listing on AIM. The firm has also recently acted on two prominent migrations from AIM to London’s main market, having advised Macau Property Opportunities Fund Limited, a Guernsey domiciled Asian property investment fund, and Raven Russia, a commercial property investment company, on their respective LSE moves.