The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Offshore firm Carey Olsen has acted on the first Guernsey special purpose acquisition company (Spac) to be listed on Euronext Amsterdam.
Carey Olsen advocate Tom Carey worked with Weil Gotshal & Manges capital markets partner James Cole to advise Spac Germany1 Acquisition on its recent listing, which raised e250m (£197.72m). Germany1 now aims to buy operating businesses with bases in Germany, Austria or Switzerland valued ;at ;e1bn-e3bn (£790.9m-£2.37bn).
Carey said unstable market conditions had made Spacs less attractive investment vehicles in the UK, while Germany1’s successful listing reflected Guernsey’s strong relationship with Euronext Amsterdam.
“Germany1 is a prime example of what the right combination of structure, listing and jurisdiction can achieve,” he added.
Spacs are so-called blank cheque companies that raise capital on the markets before investing in other companies.