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Conyers Dill & Pearman has received Equity Deal of the Year for their work on the Alibaba Group Holding Ltd IPO on the NYSE, at the annual Macallan ALB Hong Kong Law Awards. This is the fifth award the Firm has won for the ground breaking Alibaba transaction.
Conyers provided Cayman law advice to Yahoo! Inc. (a major shareholder of Alibaba), on the IPO of Alibaba on the New York Stock Exchange which raised US$25 billion. The IPO is the largest in history and on market debut gave Alibaba market capitalisation of nearly US$230 billion.
Partner and Co-Chairman of the Firm, David Lamb, said: “We are delighted to receive the award for Equity Deal of the Year. The award is representative of the expertise of our Hong Kong office in complex high-profile transactions”.
2015 marks the 30th anniversary of the Hong Kong office – the longest established offshore law firm in the region. The Firm continues to the lead the way in providing innovative offshore legal advice to many of Asia’s largest institutional and corporate clients.
The Macallan ALB Hong Kong Law Awards is an annual event which “recognises the industry and excellence of individuals who are behind the great deals, tremendous projects and matters and cases that overturned landmark decisions to set an entirely new jurisprudence”.