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| Carey Olsen Secures Top-Ten Berth |
by Robert Lee, Tax-News.com, London
Friday, August 13, 2010
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, according to the latest rankings produced
by market analysis firm Hemscott for the quarter ending July 9, 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 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.
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