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In a double win, Conyers Dill & Pearman (“Conyers”) scooped awards for Offshore Law Firm of the Year and Debt Market Deal of the Year at the ALB China Law Awards, which were held on April 24, 2009 in Shanghai’s Westin Bund Centre.
The ALB China Offshore Law Firm of the Year Award is presented annually to the firm which has consistently delivered excellent legal work in China. Since its expansion into Asia over two decades ago, Conyers has long been a conduit for international business growth and financing across the Asian region through its offices in Hong Kong and Singapore.
Conyers’ provision of Cayman Islands legal advice has been a key factor in this growth, as the appetite for Cayman Islands vehicles continues apace in the Asian markets. Cayman Islands companies have long been the vehicle of choice both for Asian investors entering the US market and for foreign direct investment into Asia. Asian investors making IPOs via the HKSE or Nasdaq often use Cayman Islands companies. The British Virgin Islands, Bermuda and Mauritius are also domiciles of choice for the Asian market, and Conyers’ expertise in the laws of these jurisdictions complements its Cayman Islands capabilities.
Conyers also received the Debt Market Deal of the Year Award for its role in the Country Garden Convertible Bond Offering. Other firms involved were Commerce & Finance, Jingtian & Gongcheng, Linklaters and Sidley Austin.
Lilian Woo, partner in Conyers’ Hong Kong office, commented: “These awards are a great recognition of our commitment to providing exemplary service to our clients and of the strength of our team. Over the past year we have worked with clients in the ever-growing PRC markets who are looking to become more familiar with offshore concepts and issues. We look forward to continued service to clients in the region, providing responsive, timely and thorough advice on the key jurisdictions of the Cayman Islands, British Virgin Islands, Bermuda, and Mauritius.”