Mourant Ozannes advises NewRiver Retail

Posted: 18/08/2016

Mourant Ozannes has advised property investor NewRiver Retail on its migration to the UK via a court-sanctioned scheme of arrangement under Guernsey law.

The law firm has also advised on a subsequent application for admission to the main market segment of the London Stock Exchange.

NewRiver, which was incorporated in Guernsey, is a property investor, asset manager and developer specialising in the UK retail sector and was listed on AIM in 2009. Its current market capitalisation is in excess of £750m.

Partner John Rochester is leading the team advising NewRiver, assisted by Corporate Senior Associate Alex Davies and fellow Partner Abel Lyall, assisted by Litigation Senior Associate Jamie Bookless.

NewRiver is also being advised by Eversheds in London.

The Royal Court of Guernsey sanctioned the scheme of arrangement on 17 August and NewRiver REIT was admitted to the main market segment of the London Stock Exchange at 8am on 18 August. 


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