Conyers advises on $688m privatisation of 7 Days Group Holdings by way of merger
Conyers Dill & Pearman has acted as Cayman counsel to Carlyle Asia Investment Advisors, Sequoia Capital China Advisors and Actis LP in the privatisation of 7 Days Holdings by way of merger.
David Lamb and Angie Chu, based in the law firm’s Hong Kong office, worked on the $688m (£448m) privatisation alongside Kirkland & Ellis and Skadden, Arps, Slade, Meagher & Flom.
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Cayman Islands Law Update: the Exempted Limited Partnership Bill and the Contracts (Rights of Third Parties) Bill
Following extensive consultation in both the public and private sectors, the Exempted Limited Partnership Bill 2014 was gazetted on 21 February 2014.
The court looked at the issue of whether a stranger to a trust, who dishonestly assists in a breach of trust, is a ‘trustee’ within the meaning of s21(1)(a) of the UK Limitation Act 1980.