Appleby law firm news

Appleby: a fast-growing offshore firm boosts its network for clients

Beijing-based Youku.com Inc, the biggest online video company in China and considered a YouTube clone by many, has recently launched its US$203m IPO on Nasdaq.

中国最大的在线视频企业优酷网近日在纽约首次公开发行募得2.03亿美元。优酷网的国内最大竞争对手土豆网也已申请在美国首次公开发行，但尚未确定上市日期。

Bedell Cristin has become the third offshore player to enter the Mauritian legal services market, after opening an office in the Island’s capital Port Louis.

Bermuda has taken a big step towards positioning itself as the offshore jurisdiction of choice for Islamic finance after entering into an avoidance of double taxation agreement with Bahrain.

Cayman Islands boutique firm, Thorp Alberga, has opened in Hong Kong where it will be led by former Maples and Calder partners Richard Thorp and Harriet Unger

Appleby has promoted two more lawyers to partner, in addition to appointing five new counsel across its firm-wide operations.

Offshore firm Appleby has boosted its firm-wide partnership with the appointment of five new partners, three of whom arrive from its competitor – Walkers.

Offshore law firms around the world have their eyes on a potentially huge client base in the BRIC nations

Offshore firm Ogier will transfer lawyers to its Hong Kong office in a bid to become the first offshore firm with a Jersey and Guernsey law practice in Asia.

As the industry enters the New Year with a renewed sense of optimism, ALB singles out ten firms that are set to have a bigger 2010 than most.

While the rest of the world takes a year-long hiatus from making private equity transactions, China’s domestic PE industry, now led by domestic players, remains active and is fast evolving. A strong private equity market will not only drive economic growth but also foster a more sophisticated domestic PE legal fraternity.

If Joseph Bevash of Latham & Watkins is to be believed, the complexity and multi-currency nature of his recent Senoko Power finance deal could become more commonplace in the future.

Offshore firm Conyers Dill & Pearman has launched a Cyprus practice by forming an alliance with Cypriot firm Antis Triantafyllides & Sons (ATS).

Appleby and Latham & Watkins have represented Ming An Holdings in its privatisation by way of a Cayman court-sanctioned scheme of arrangement by its major shareholder, China Taiping Insurance.

中国太平保险控股私有化民安控股的交易进期获得法院会议及特别股东大会通过。

Appleby: a fast-growing offshore firm boosts its network for clients

While offshore financial centres have taken a battering throughout the financial crisis, there is light ahead.

Jersey companies have been formally approved for listings on the Hong Kong Stock Exchange.

Hong Kong’s capital markets seems to no show signs of slowing down, with yet another IPO recently closed by a string of law firms – China Lilang’s US $150m IPO.