Conyers Dill & Pearman has become the first Bermuda-based law firm to open an office in Singapore.
It will be headed by corporate finance specialist Tan Woon Tiang who has moved from Tan Kok Quan, where he was senior partner. The office will advise clients on work related to Bermuda and British Virgin Island laws. Conyers Dill senior partner John Collis said: "We have a niche practice as an offshore law firm. We're not practising Singapore law nor, in London, do we practise English law." Collis said that companies are increasingly turning to neutral countries such as Bermuda and the Cayman Islands to structure deals. Conyers Dill has acted for a number of companies in offshore jurisdictions on their listings in Singapore. Collis said that Singapore was attractive to the firm because of its status as an increasingly prominent financial capital in the Asia Pacific region. "We want to do, and hope to do, what we do elsewhere - mostly transactional work, listings of companies on the stock exchange, financing, securitisation and mutual funds." Conyers Dill is Bermuda's largest law firm. It has offices in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, London and Hong Kong.