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    Today is Friday, March 19, 2010 at 
    - Countdown to Market Close:

    West Palm Beach (HedgeCo.net) – Cayman Islands law firm Dill & Pearman now has the official approval and licensing permission for a São Paulo partnership by the the Brazilian Bar Association.

    As the only offshore firm to have an office in Brazil, the São Paulo practice will initially focus on investment funds, public company listings and holding , providing clients with direct access to the key jurisdictions of the Cayman Islands, , Bermuda and Mauritius.

    The São Paulo solidifies ’ presence in the fast-growing BRIC markets. In March 2008, the firm became the first and only offshore firm to have an office in Russia with the of its Moscow office. In October 2008, established a presence in Mauritius, a preferred jurisdiction for structuring investments in India, and added the provision of Mauritius legal advice to its roster of jurisdictions to service the Indian, Middle Eastern and .

    "Even in this challenging , the prospects for leading Brazilian businesses in are immense." Chairman John Collis commented, "The firm’s entry into Brazil and the other major BRIC (Brazil, Russia, India, and China) markets is part of our strategy to provide responsive advice to our clients in the world’s key and reinforces our strength as a leader in the market for offshore legal services."

    Established in 1928, has over 550 staff and 150 lawyers specialising in the financial laws of Anguilla, Bermuda, , Cayman and Mauritius Islands, Dubai, Hong Kong, London, Moscow, Singapore and now São Paulo.

    Alex Akesson

    Editor for HedgeCo.Net
    Email: alex@hedgeco.net

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