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Leading Litigators meet in London for Mourant Ozannes forum

A group of the world's leading fund directors and litigation lawyers met in London yesterday to hear about the key issues they face in the wake of the global financial crisis.

The Funds Litigation Forum, hosted jointly by Mourant Ozannes and Legal Week focused on the current role of the offshore world in funds litigation, regulation and corporate governance and how litigation is shaping investment fund terms and practice.

Key note speakers from Jersey, Guernsey and the Cayman Islands addressed an audience of more than 120 people in the City and the aim of the conference was to draw together the different perspectives as to how litigation in the funds industry has evolved.

Robert Shepherd, Managing Partner of Mourant Ozannes in Guernsey said after the conference: 'We have gained a greater understanding of the Funds industry and the litigation risks to which fund directors can be exposed. The audience represented a broad cross section of industry leaders and we discussed the differing approaches to funds litigation in the key offshore centres of Jersey, Guernsey and the Cayman Islands.'

The conference, which was free to attend, attracted some of the leading minds in the world of funds and litigation to examine not only what has happened since the financial crisis began, but also to look at the way in which regulators have responded and how the funds industry itself may evolve as the market continues to change.