06 May 2010

Conyers named Offshore Firm of the Year

Conyers Dill & Pearman has been named Offshore Law Firm of the Year in China at the ALB China 2010 Awards, as well as winning awards for M&A Deal of the Year and Real Estate Construction Deal of the Year.

This is the third time in four years that Conyers has received ALB China’s Offshore Firm of the Year Award, which recognises the excellence and outstanding achievements of China's leading law firms and the top deals and dealmakers annually.

Conyers won the M&A Deal of the Year for its work on the GCL Poly - Jiangsu Zhongneng Acquisition, where Conyers advised in conjunction with Allen & Overy, First Shanghai Capital, Freshfields, Grandall, Hogan & Hartson, Milbank Tweed, Paul Hastings, Ropes & Gray. HSBC and ICBC were the banks while Deloitte was the accountant.

Conyers also won the Real Estate Construction Deal of the Year for the Glorious Property Holdings Restructuring, where Conyers acted alongside Allen & Overy, Mallesons Stephen Jaques, Paul Hastings and Zhong Lun.

Lilian Woo, managing partner of Conyers’ Hong Kong office, commented: “As the oldest and largest offshore firm in Asia, we are delighted to be recognised as market leader for offshore legal work. Our expertise in Cayman Islands, British Virgin Islands, Bermuda, Mauritius and Cyprus law enables us to provide PRC clients with timely and thorough legal advice on highly complex, and often multi-jurisdictional transactions.

Conyers has acted on a number of groundbreaking deals across the ASEAN region over the past year, including the landmark Danone Wahaha settlement, an RMB 1.59 billion open offer for shares in GOME Electrical Appliances Holdings Limited, and the majority of HKSE listings, including: Shengli Oil & Gas Pipe Holdings Limited (c. HK$ 1,267.4 million); PT Indika Energy Tbk's issuance of 9.75 percent senior notes due 2016 in an aggregate amount of US$230 million; BaWang International (Group) Holding Limited (c. HK$1,790 million); and China Lodging Group.

Conyers has acted as a conduit for international financing transactions in Asia for over 25 years. Conyers was named Offshore Firm of the Year by ALB last year for work in South East Asia, and has won this award three times over the past four years. Conyers was also named Offshore Firm of the Year for work in Japan in 2008.

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