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| Leading Channel Island Law Firms Announce Merger |
by Amanda Banks, Tax-News.com, London
Thursday, February 04, 2010
Mourant du Feu & Jeune and Ozannes, two of the leading law firms in the Channel
Islands, have announced their intention to merge under the name Mourant Ozannes.
Mourant Ozannes will also 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 and London as well as in Guernsey and Jersey.
The deal, which is subject to regulatory approval, will be structured as a
full economic merger of the existing businesses, effective May 1, 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 appointed
as group managing partner, Peter Ferbrache of Ozannes will become senior partner
and Ian James of Mourant will become chairman.
Jonathan Rigby, managing partner of Mourant du Feu & Jeune, said: "We
have always had enormous respect for Ozannes and we regard them as the leading
law firm in Guernsey. The opportunity to combine premier practices in Jersey
and Guernsey 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.”
Robert Shepherd, managing partner of Ozannes, who will become managing partner
of Mourant Ozannes' Guernsey office, added:
"This is an exciting development for both firms, which will enable us
to build on the heritage of two very successful offshore law firms. 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."
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