Carey Olsen has opened up a practice in Hong Kong as part of the continued expansion of its network in Asia.
The offshore law firm has branched out with a dispute resolution and insolvency focus, with partner Michael Makridakis having recently relocated to Hong Kong from the firm's Cayman Islands office, where he established and led its dispute resolution and insolvency team.
The opening of the Hong Kong office in November 2016 follows the launch of the firm's Singapore office by lead Asia partner, Linda Lee, in October last year. Carey Olsen recently expanded its corporate legal practice in Singapore with the relocation of partner Anthony McKenzie from the firm’s Cayman office.
The Hong Kong office will advise on contentious, semi-contentious and offshore advisory work. This will include domestic and international restructuring and insolvency, corporate and commercial disputes, banking and financial services litigation, trusts litigation as well as fraud, asset tracing and regulatory disputes.
Michael Makridakis, who will continue to work alongside Carey Olsen's dispute resolution and insolvency practices in the British Virgin Islands and Cayman as well as Guernsey and Jersey, said: "The growth in demand for offshore legal services in Asia has created a parallel demand for offshore litigation services and we have an increasing number of clients requiring advice in relation to disputes and insolvency matters in the region.
"Our Hong Kong office provides clients and referrers with access to offshore dispute resolution and insolvency specialists who are in the same time zone and who have a thorough understanding of the Asian market."
Linda Lee, Carey Olsen's head of Asia, said: "The provision of offshore dispute resolution and insolvency services in Hong Kong complements our corporate, finance and investment funds offering in Singapore and begins the next chapter of Carey Olsen's Asia story."
Carey Olsen Managing Partner, Alex Ohlsson, said: "Our disputes and insolvency teams in BVI and Cayman have a long-standing record of advising Asian-based clients, making an office on the ground in Hong Kong a logical step.
"Hong Kong is a thriving business centre and we look forward to extending our footprint in Asia and to building on Carey Olsen's success in the region."
Comments
Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.