Acted as sole external legal advisors to the issue and listing on the CISX (Channel Islands Stock Exchange) of guaranteed floating rate notes issued by Hanson Finance PLC.
Acted as Guernsey legal advisors on the establishment of Standard Life Property Income Trust Ltd, a closed ended property fund, listed on both the London Stock Exchange and the CISX (Channel Islands Stock Exchange).
Acted as sole legal advisors on the implementation of proposals to convert the Thai-Euro Fund Limited into a Guernsey authorised open ended investment fund, being one of the first offshore funds to take advantage of the changes recently introduced by the Securities and Exchange Commission of Thailand to permit domestic Closed-ended Thai Funds to convert to Open-ended status.
Advised on the acquisition of the Guernsey business of the Insinger de Beaufort Global Trust and Fiduciary Services Division.
Ozannes was also involved in local property-related contract negotiations on behalf of the local businesses and was retained by the local Guernsey directors for advice as to issues arising from the financing of the transactions.
Acted as Guernsey legal advisors to Suez, the French utility company, on the sale of Northumbrian Water to a consortium of financial institutions. The company has an enterprise value of £2.2bn and a market value in excess of £520m.
Acted as Guernsey legal advisors on the disposal of a group of companies including a Guernsey subsidary by Abbey National Plc
Acted on the sale of Aurigny Air Services Limited and Anglo Normandy Aero Engineering Limited to the States of Guernsey
Advised Investec Trust Guernsey Limited and Investec Bank (UK) Limited on establishment of closed-ended fund with the ability to raise up to US$50m
Acted as Guernsey legal advisors on the disposal of Global Aerospace Underwriting Managers Limited by Aviva Plc (formerly CGNU).
Acted for the purchaser on the sale of the offshore portfolio bonds business of old Mutual Insurance to Generali (consideration undisclosed).
Acted as Guernsey legal advisors to a closed ended investment fund invested in UK commercial property and listed on the London Stock Exchange.
Acted as legal advisors to the Lloyds TSB Group Offshore in relation to its corporate restructure part of which involved the Guernsey registered Banking and Private Banking entities being re-domiciled into Jersey.
In conjunction with the restructure, the Commercial Property Team acted for the Lloyds TSB Group Offshore in a number of sizeable primary property dealings in Guernsey.
Advised on transfer and novation of Insurance Policies from Isle of Man Captive to Guernsey PCC
Advised the States of Guernsey on the sale of Guernsey Telecoms, (the former State owned and run Island telecommunications carrier) to Cable and Wireless.