Mourant du Feu & Jeune and Ozannes, two of the leading law firms in the Channel Islands, have announced their intention to merge in a new firm to be known as Mourant Ozannes.
It will be one of the world's largest offshore law firms, with more than 200 fee-earners and 50 partners practising from offices in the Cayman Islands and London, as well as Guernsey and Jersey.
It will include highly respected trusts practitioners in the Channel Islands advising on commercial trusts and trusts litigation for blue chip companies, intermediaries and ultra high net worth individuals. Mourant has been a market leader in establishing Jersey Foundations structures while Ozannes has developed Guernsey trust law.
The deal, which is subject to regulatory approval, will be structured as a full economic merger of the existing businesses, effective from May 1, 2010.
The new partnership will be run by a management committee comprising representatives of both firms. Jonathan Rigby of Mourant du Feu & Jeune will be appointed as group managing partner. Peter Ferbrache of Ozannes will become senior partner and Ian James of Mourant will become chairman.
Rigby commented: "The opportunity to combine premier practices in Jersey and Guernsey was too good to miss. We are very excited by this development and are looking forward to working together on our shared vision, to be consistently recognised as the leading law firm offshore."
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