Isle of Man: Cains Features In ALB’s List Of 10 Firms To Watch In 2009
Last Updated: 29 January 2009

Asian Legal Business, the leading Asian legal journal, has featured Cains in their Watchlist of ten law firms for 2009.

Asian Legal Business has included in the Watchlist those firms which it believes "have managed to balance the often-competing concerns of ambition, risk and growth with pragmatism; they have identified their niches and discovered that which separates them from the rest." Cains was listed along with leading firms from jurisdictions such as India, Singapore, Hong Kong and China.

Andrew Corlett, managing director of Cains, commented "We are very pleased that Asian Legal Business has recognised the firm through our inclusion in the Watchlist. Although our office in Singapore only opened 6 months ago, it is making its presence felt, acting on significant transactions and is a key element of the firm’s strategy for growth."

Cains’ Singapore office recently advised the financiers on the Isle of Man law aspects of GMR’s US$1.1 billion acquisition of Intergen NV and the transaction was recently a runner-up in the banking and finance category of Asialaw’s India Awards. The deal was the largest ever acquisition of an energy/utility group by an Indian company.

Mike Edwards, a director of Cains and head of its Singapore office, said "As a firm we have been involved in India-related work for some time. The opening of our Singapore office has allowed us to deepen the relationships which we have developed with other professional advisors active in India and elsewhere in Asia, resulting in us being instructed in a broader range of major transactions in the region. We have also advised in the past few months in relation to the financing of the US$4.4 billion Sentosa integrated resort in Singapore which was one of the largest syndicated credit facilities ever written in Singapore."

About Cains

Cains is a leading Isle of Man law firm and is expert in advising clients in the fields of international financial services, e-business, space and satellite, shipping and capital markets. The business acts for a broad range of clients including multi-national corporations, financial institutions, regulatory bodies and family offices. The business also has a strong track record of working in partnership with leading law firms to effect international transactions for clients, including market listings.

Cains is the exclusive Isle of Man Member of Lex Mundi, the world's leading association of international law firms. In addition to the Isle of Man, the firm has offices in London and Singapore.

Cains was named the ‘offshore firm of the year’ at Legal Week’s 2007 British Legal Awards and also at the Lawyer Awards in 2008.

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