Law firm Mourant Ozannes is the only offshore firm to be named in a recently published list of the leading international legal advisers for Russian M&A deals.
In the ‘Top 15 Legal Advisers for Russian M&A’ list, compiled by MergerMarket.com, Mourant Ozannes is ranked in fifth position by total value of work completed during the period 1 October 2010 to 31 September 2011.
The rankings reflect the role Mourant Ozannes had earlier this year in acting as sole Jersey legal adviser in the reverse transaction involving Polyus Gold, the largest gold producer in Russia, and KazakhGold Group Limited.
As a result of the transaction, the renamed company, Polyus Gold International Limited, became the largest pure gold mining company listed on the London Stock Exchange in terms of gold production and mineral resources, with a market value of approximately £6.4 billion.
Only Linklaters, Debevoise & Plimpton, Freshfields Bruckhaus Deringer and Allen & Overy featured higher than Mourant Ozannes in the list.
James Hill, Partner at Mourant Ozannes who led on the KazakhGold and Polyus Gold transaction, said:
“We were delighted to have been involved in such a significant deal in Russia this year and for that to have resulted in the firm now being recognised and placed in a list alongside such prestigious names is fantastic.
“As well as demonstrating the high regard in which Jersey company structures are held on the international stage, this ranking reflects the quality and strength of our firm on a global platform and our ambition in developing links with a rapidly evolving Russian corporate market – an area in which we intend to affirm our market leading position over the coming months.”