Oct 2020
Conyers acted as Cayman legal counsel to Jinmao (China) Hotel Investments and Management Limited (the “Company”) on the privatisation of the Company and Jinmao Hotel by way of a scheme of arrangement under Cayman Islands law and clause 34.2 of trust deed constituting Jinmao Hotel.
The Jinmao group primarily own and invest in a portfolio of hotels, including the Jin Mao Tower in Shanghai.
The Company and Jinmao Hotel constitute a business trust. The privatisation of the Company and Jinmao Hotel is a landmark transaction as it is the first business trust to be privatised and delisted from the Hong Kong Stock Exchange.
Partner Richard Hall, Ben Hobden and Counsel Angie Chu advised on the matter working alongside Mayer Brown.