Jersey law firm to launch Cayman Islands operation
Thursday, July 29, 2004
ST HELIER, Jersey: Jersey-based offshore law
firm, Mourant du Feu & Jeune has announced that it intends to launch an
operation in the Cayman Islands in order to expand its multi-jurisdictional
presence, which so far includes Jersey, Guernsey, Luxembourg, and the United
Kingdom. According to Mourant, the Cayman
legal practice will focus exclusively on international financial business,
including structured finance and capital markets, asset and project finance,
derivatives and private equity and hedge funds.
Additionally, however, the firm is applying for the necessary licences to be
able to offer the range of outsourced administration services which Mourant
International Finance Administration already provides from its European
jurisdictions. Speaking following the
announcement of the planned move, Mourant chief executive, Nicola Davies said,
"This exciting development is an important step towards strengthening the
Mourant brand in the markets whose traditional choice of offshore jurisdiction
has been Cayman." "We intend to expand our
Cayman capabilities through further organic expansion to complement our
services in Europe," she added.
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