Conyers Dill & Pearman advises on privatisation of Simcere by way of merger
Conyers Dill & Pearman has provided Cayman Islands advice to Hony Capital Fund V LP and New Good Management Ltd on the $495m (£311m) privatisation of Simcere Pharmaceutical Group by way of merger.
Partner and co-chair David Lamb along with Angie Chu of Conyers’ Hong Kong office advised on the matter and worked alongside Cleary Gottlieb Steen & Hamilton LLP.
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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.