Guernsey law firms and lawyers have once again been highly
praised in the latest Legal 500 publication.
The highly regarded directory's reviews take into account
the views of clients, competitors and industry members.
The 2009 review acknowledged how Guernsey firms have been
adapting to working with a raft of new legislation, including the
companies law and an overhaul of the funds regime. It also
highlighted Ozannes and Carey Olsen as the two dominant local
firms, while the second tier of firms consists of Babbé,
which rebranded two years ago and refocused on corporate finance
and fiduciary work, and Collas Day.
Ozannes is regarded as the leading Guernsey firm, placing in the
top tier of all seven practice areas.
Managing Partner Robert Shepherd said: "There are a number
of publications within which we are proud to be listed as a leader,
but to be continually listed as a top firm within the Legal 500,
arguable the leading international directory for law firms, is
testimony to the strength and depth which we possess across all
practice areas and the strong working practices which have
established a real team culture across the firm."
Carey Olsen placed in the top tier of six areas and across both
Guernsey and Jersey has 14 lawyers recommended as leading
individuals, more than any other Channel Islands firm.
John Greenfield, Managing Partner of Carey Olsen in Guernsey,
said: "The Legal 500 is an important guide to the legal
community and due to the rigorous nature of the research gives an
unparalleled insight into law firms.
"With lawyers from our offices in Guernsey and Jersey
receiving positive mentions it bodes well for the future and our
commitment to being a full service."
Other firms to appear in the top tier of practice areas were AO
Hall for employment, Collas Day for commercial property and Ogier
for commercial and banking.
Collas Day Senior Partner Chris Bound said he was pleased for
the firm to have ranked so highly and the directory recognising the
company as a young and vibrant firm with a new management
William Simpson, Managing Partner of Ogier in Guernsey, said he
was pleased that as well as placing in the top tier for commercial
and banking, the Legal 500 had seen that Ogier's investment
funds practice had been a key growth area for the firm.
"Our market share has increased dramatically in areas such
as investment funds in recent years. It is particularly satisfying
to see that the legal directories are acknowledging our
progression," he said.
As well as Guernsey firms placing in the top tier for specific
practice areas, there were also a varying number of appearances in
the second tiers for Carey Olsen, Collas Day, AO Hall, Ogier,
Babbe, Bedell Cristin, Ashton Barnes Tee, Mourant de Feu &
Jeune and AFR Advocates.
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We were recently instructed by a Bank in relation to a regulatory matter. The Bank had made a suspicious activity report to the Financial Investigation Unit ("FIU") due to their concerns about the potential source of funds in an account.
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