The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Mourant

22 GRENVILLE STREET, ST HELIER, JE4 8PX, JERSEY
Tel:
Work 01534 676 000
Web:
www.mourant.com/jersey

Mourant Ozannes is one of the leading offshore law firms, advising on the laws of the BVI, the Cayman Islands, Guernsey and Jersey.

The firm: The firm has 59 partners and over 500 staff in six offices, spanning Asian, American and European time zones; and is the exclusive Lex Mundi member firm for Guernsey and Jersey. Lex Mundi is an exclusive worldwide network of top-tier independent law firms that provides for the exchange of professional information about the local and global practice and development of law; facilitates and disseminates communications among its members; and improves members' ability to serve the needs of their respective clients.

Types of work undertaken: Banking and finance: the partners working in this area are experts in their field with practices that span the full range of offshore banking and finance work. The firm is well-known for its work on the most complex and demanding transactions. The team acts for a range of finance parties and advises 80% of the world's top 50 banks (Bankers Almanac, 2016). The firm is regularly appointed as listing sponsor to debt securities listed on the International Stock Exchange.

Corporate: the firm's corporate lawyers bring their expertise, versatility and problem-solving approach to bear on a full range of corporate transactions, whether small or large in scale. Known internationally for its work on the most complex and demanding transactions, the firm advises more FTSE 100 & 250 companies than any other offshore law firm (Corporate Adviser Rankings Guide, 2016).

Employment: the firm's team provides specialist employment law advice in Jersey. The team of highly experienced lawyers, who are all members of the Employment Lawyers' Association, predominantly advises large and medium sized employers and the offshore operations of many global financial institutions. The firm has the largest dedicated employment team in Jersey.

Financial services and regulatory: the firm's financial services and regulatory practice draws together expertise on the conduct of regulated financial services, insurance and banking business in Jersey. The firm provides highly commercial and focused legal advice in relation to a full range of offshore regulatory issues and problems that arise for financial service providers, regulators and governments.

Funds: in Jersey, Mourant Ozannes dominates the funds sector in relation to offshore law. The firm's investment funds team is known for the quality and quantity of complex work it delivers, across a range of fund asset classes and global markets. It has been the number one legal adviser to funds in Jersey for 16 consecutive years with a market share of 55% (Monterey Funds Directory 2016).

Insolvency and restructuring: the firm's insolvency and restructuring practice draws together banking, corporate, insolvency, investment funds, litigation, regulatory and restructuring expertise. The firm deploys carefully integrated, multi-disciplinary teams to work closely with leading professionals in the US, the UK and elsewhere. Mourant Ozannes plays a leading role in the largest and most high-profile insolvency-related cases in Jersey, usually cross-border in practice requiring rapid and efficient co-ordinated advice. We advise on all aspects of complex coreporate restructurings, providing pragmatic and workable solutions for our clients.

Insurance: the firm's insurance team specialises in advising on the establishment, regulatory compliance and business operations of insurance and reinsurance companies, as well as insurance managers and brokers based in Jersey.

International trusts and private client: the international trusts and private client team contains some of the most experienced and well regarded trust and private client advisers, litigators and draftsmen in the offshore world. Their overriding aim is to provide exceptional client service through a substantial, integrated team covering both contentious and non-contentious matters in each jurisdiction.

Litigation: the firms litigation partners, who are highly experienced and industry renowned, play a leading role in the largest and most high-profile disputes in Jersey and in international cross-border cases requiring rapid and efficient coordinated advice.

Property: Mourant Ozannes' highly skilled and experienced Jersey property law team is focused on providing expert residential and commercial property advice.

Other offices: BVI, Cayman Islands, Hong Kong, Jersey, London

  • Number of partners: 24
  • Number of other fee-earners: 79

Above material supplied by Mourant.

Legal Developments in Jersey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Enhanced Information for Cayman Entities

    The Cayman Islands Government has passed a number of amendment laws to strengthen Cayman's anti-money laundering and counter-financing of terrorism regime. The laws, published on 8 August 2019, are intended to help address certain recommended actions in Cayman's legislative framework identified by the Caribbean Financial Action Task Force in its evaluation report published in March 2019.
  • New Cayman Data Protection Law – A guide for Cayman funds

    The Cayman Islands Data Protection Law, 2017 ( DP Law ) is currently scheduled to come into effect on 30 September 2019.  Once commenced, it will enact a framework of rights and duties to regulate the processing of individuals' personal data broadly based on the same internationally recognised privacy principles that form the basis for other data protection laws globally.  The DP Law will regulate the processing of all personal data in the Cayman Islands and will affect any entity established in the Cayman Islands, including investment funds, that processes personal data regardless of whether such processing takes place within the Cayman Islands and regardless of whether the personal data relates to Cayman individuals.  For our full briefing see Cayman Islands Data Protection Law: An Ogier Client Guide .
  • Exempt bodies: Substance regulations may still apply

    The Income Tax (Substance Requirements)(Implementation) Regulations, 2018 as amended (the Substance Regulations ) came into force on 1 January 2019 and have recently been further updated by The Income Tax (Substance Requirements)(Implementation)(Amendment) Regulations, 2019 (the Amendment Regulations ), with effect from 1 August 2019.  The Amendment Regulations have extended the scope of the Substance Regulations to include all tax exempt bodies that have been granted an exemption under paragraphs (3) and (5) of Schedule 1 of the Income Tax (Exempt Bodies) (Guernsey) Ordinance, 1989 (as amended) (the Exempt Bodies Ordinance ).  In addition, the Amendment Regulations clarify the scope of the Substance Regulations in relation to IP Assets and High Risk IP Companies – the balance of this note focuses on the change in status of tax exempt bodies. 
  • Cayman Islands wills law heralds a more flexible approach

    The rules recognising the legal formality of wills in the Cayman Islands are prescriptive, requiring the will to be executed in writing, signed at the foot of the document by the testator and witnessed by two witnesses who formally attest the will in writing in the presence of the testator.
  • Luxembourg Government submits bill to Parliament implementing the EU Anti-Tax Avoidance Directive 2

    On 8 August 2019, the Luxembourg Government submitted a draft law to the Parliament (the Draft Law ) to implement the Council Directive (EU) 2017/952 of 29 May 2017 ( ATAD 2 or the Directive ) into Luxembourg domestic law.
  • Ogier fund finance team now offers Luxembourg legal advice from US time zone with return of Catharin

    Ogier's fund finance team now offers Luxembourg legal advice from a US time zone with the return of fund finance specialist Catharina von Finckenhagen to the Cayman Islands as a dual-qualified Luxembourg advocate and Cayman attorney.
  • Enhanced Information for Cayman Entities

    The Cayman Islands Government has passed a number of amendment laws to strengthen Cayman's anti-money laundering and counter-financing of terrorism regime. The laws, published on 8 August 2019, are intended to help address certain recommended actions in Cayman's legislative framework identified by the Caribbean Financial Action Task Force in its evaluation report published in March 2019.
  • Register of beneficial owners deadline approaching – are you ready?

    As of 1 March 2019, the Luxembourg law of 13 January 2019 (the Law ) creating a register of beneficial owners ( Registre des bénéficiaires effectifs or " RBE ") is in force.
  • Jersey substance proposals – the Banking and Finance perspective

    EU finance ministers have formally approved Jersey's economic substance legislation by removing the jurisdiction from the "grey list" on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies - Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019.
  • Ogier advises on $889 million acquisition of AIM traded payment services company by way of scheme of

    Ogier has advised Canadian payments technology company Nuvei Corporation on the US$889 million acquisition of AIM traded SafeCharge International Group Limited by means of a Court-sanctioned Guernsey scheme of arrangement.