Mourant Ozannes

Hong Kong

IFLR1000 Reviews

Financial and corporate : Offshore

Mourant Ozannes is a magic circle offshore law firm that was formed in 2010 following the merger of Mourant du Feu & Jeune and Ozannes. The firm has 250 lawyers and 60 partners across six global offices in the British Virgin Islands, Cayman Islands, Guernsey, Hong Kong, Jersey and London. 

The firm is strongest in private equity, real estate transactions, fund formation, leveraged and acquisition finance, fund finance, asset finance and general corporate lending.

Key clients of the firm include China Minsheng Banking Corp, China Huarong, Citigroup Global Markets Asia, Gaw Capital Advisors, The Blackstone Group and FPEF1 Partnership. 

During the research period the firm kept busy with real estate acquisition finance, debt and corporate restructuring, stake acquisitions, investments, term loans, convertible loans, margin loans, US IPOS, bond issues, and private equity. The funds team were preoccupied with real estate fund mandates, LP work, cryptocurrency funds, and hedge funds.

Mourant Ozannes is the exclusive member firm of Multilaw for the BVI and Cayman Islands, and Lex Mundi for Jersey and Guernsey. Its Hong Kong office also has a unique 50% equality ratio in male and female partners.

Deal highlights

-Brightoil Group debt restructuring

-Gateway Fund VI

-HKBN HK$10.5 billion acquisition of WTT

-Orix Corporation $2.2 billion acquisition of 30% stake in Avolon Holdings

-Tamarind Group $50 million term loan facility 

-Vivocity Shanghai $1.3 billion acquisition financing

Client feedback: 30th edition (2019/2020)

Asset finance

“Responsive and available, industry and technical knowledge, quality product.”

Banking

“Commercial, intelligent, reasonable, easy to work with, committed to delivering quality support.”

“Technically strong lawyers; very responsive; commercial; really good to work with.”

“Really responsive and professional. Always quick to put together a quote to help at short notice. Their knowledge of the market is good and always good on their legal knowledge updates. Danielle is great to work with.”

Capital markets: Structured finance and securitisation

“The team at Mourant are extremely responsive, providing feedback and input on a timely basis. The team is technically proficient, and is proactive in identifying issues and proposing solutions on the matters and transactions they advise on. This proactive, problem-solving approach goes beyond the firm's remit of advising on Cayman and/or BVI law, but extends to identifying issues, problem solving and providing useful input and support at the level of the transaction as a whole.  This goes beyond the level of service that is often experienced with other Cayman and BVI counsels, whose service is often reactive in nature and narrowly confined to limited local law issues.”

Investment funds 

“Practical solutions even in light of all the regulatory changes in the Cayman Islands. Value for money for our clients.”

“Team was very responsive, technically strong and picked up issues that other firms had missed.  Pricing was also significantly lower than competitor firms.”

“Very Responsive. The team takes the extra effort to understand the commercial drivers behind the legal analysis, and delivers a sensible commercial outcome.”

Restructuring and insolvency

“They give clear and strong advice and avoid equivocating on the issues that matter. Strong senior team of lawyers. Very responsive and willing to put in the hours for urgent matters.”

“Responsiveness, commerciality, professionalism underpinned by sound legal knowledge.”