A few days after offshore law firm Carey Olsen expanded its corporate practice in Asia, with a second partner joining the Singapore team, the firm has now opened for business in Hong Kong.

As part of their continued expansion in Asia the new Hong Kong practice will be led by partner Michael Makridakis who recently relocated to Hong Kong from the firms Cayman Islands office, where he established and led the dispute resolution and insolvency team.

The opening of Carey Olsen's Hong Kong office follows the launch of their Singapore office by lead Asia partner, Linda Lee, in October last year. finews.asia recently reported on the expansion of their corporate legal practice in Singapore with the relocation of partner Anthony McKenzie from their Cayman office.

Growing Demand for Offshore Legal Services

The new Hong Kong office which is located in the heart of the business district in Jardine House, will advise on the full spectrum of contentious, semi-contentious and offshore advisory work. This includes 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.

«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,» said Makridakis.