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Merger creates new firm, Mourant Ozannes
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| Published on Sunday, February 7, 2010 |
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Jonathan Rigby, managing
partner of Mourant du
Feu & Jeune |
Neal Lomax, managing
partner, Mourant Ozannes
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Mourant du Feu & Jeune and Ozannes, two of the leading offshore law firms, announced this week their intention to merge.
Mourant du Feu & Jeune’s Cayman Islands’ practice was recently ranked the number- one law firm in the Cayman Islands for hedge fund legal services in a survey of onshore lawyers by HFM Week, a leading industry journal.
The merged firm, to be known as Mourant Ozannes, will be one of the world’s largest offshore law firms with more than 200 fee-earners and 50 partners practising from offices in the Cayman Islands, Guernsey, Jersey and London.
“We have always had enormous respect for Ozannes and we regard them as the leading law firm in Guernsey,” said Jonathan Rigby, managing partner of Mourant du Feu & Jeune. “The opportunity to combine premier practices in Cayman, Guernsey and Jersey was too good to miss. We are very excited by this development and are looking forward to working together on our shared vision, to be consistently recognised as the leading law firm offshore.” The deal, subject to regulatory approval, will be structured as a full economic merger of the existing businesses, effective 01 May 2010.
The new partnership will be run by a management committee comprising representatives of both firms. Jonathan Rigby of Mourant du Feu & Jeune will be group managing partner. Peter Ferbrache of Ozannes will be senior partner and Ian James of Mourant will be chairman. Neal Lomax will be the merged firm’s managing partner in Cayman.
“This is an exciting development for both firms, which will enable us to build on the heritage of two very successful offshore law firms,” said Robert Shepherd, managing partner of Ozannes, who will become managing partner of Mourant Ozannes’ Guernsey office. “There are many synergies between the firms in terms of focus, structure, culture and talented people, and by combining our market-leading offering, we endeavour to become the most sought-after offshore law firm for clients and staff.” | | | | Reads : 559 |
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