Hall Of Fame

Banking and finance in Jersey

Carey Olsen

Carey Olsen advises clients on an extensive range of matters, including fund, real estate and acquisition financing, in addition to providing assistance with restructuring matters and issues concerning distressed assets. Practice head Robin Smith has experience acting for both borrowers and lenders, whom he advises on financing, refinancing and restructuring, with particular expertise in supporting investment funds. Kate Andrews frequently works alongside major London and New York law firms, advising on fund and acquisition finance matters and debt restructuring. Peter German is noted for his work for financial institutions and sovereign wealth finds, assisting with the financing of real estate deals and REIT matters, restructuring and debt listings, and regulatory questions. Fiona Dalton typically advises corporate borrowers, including Jersey property unit trusts, on the lending, borrowing and security aspects of real estate transactions.

Responsables de la pratique:

Robin Smith


Autres avocats clés:

Kate Andrews; Peter German; Fiona Dalton; Nick Ghazi


Les références

‘Peter German gave open, honest advice, understood the issues arising very quickly. Peter is also open to new ideas and is very responsive.’

‘Great team, knowledgeable, responsive and just always super helpful.’

‘The CO Jersey team provides exceptional service, they are technically extremely strong, very responsive and always understand the wider commercial context.’

Principaux clients

Cale Street Partners


Royal Bank of Scotland International


Nordea Bank


States of Jersey


Ports of Jersey


Santander UK


Sun Ventures


Travelport Group


Hollyport Capital


Principaux dossiers


  • Advised the ad hoc group of noteholders on the transfer of ownership of the Metrocentre Group from Intu Properties to a newly established ownership structure.
  • Advised Singaporean multi-asset investment firm Sun Venture on the purchase of 120 Moorgate from WeWork Capital Advisors for £148m.
  • Advised Starz Real Estate on the Jersey law aspects of a loan to manager PineBridge Benson Elliot for the refinancing and part redevelopment of Guildford Business Park.

Mourant

Lenders, borrowers and other parties to financing matters rely on Mourant for advice on transactions in Jersey and other offshore jurisdictions, including BVI and the Cayman Islands. The firm assists a variety of structures, notably holding companies, with the management of existing loan facilities and the arrangement of new ones, and is also adept at handling matters concerning fund and Islamic financing. Real estate and funds financing expert Gareth Rigby leads the team alongside Jon Woolrich, who focuses on advising private equity sponsors. James Hill advises lenders and borrowers on financing and refinancing matters, while Mark Chambers is a funds financing specialist, advising both banks and fund managers on the establishment and managements of funds. Sarah Huelin advises clients on the regulatory aspects of banking and finance operations, including the foundation and licensing of businesses.


Responsables de la pratique:

Gareth Rigby; Jon Woolrich


Autres avocats clés:

James Hill; Mark Chambers; Sarah Huelin


Les références

‘Very helpful and always responsive. They also give commercial advice and aren’t afraid to take a view.’

‘Extremely responsive and commercial. Reasonable on fees and cost effective. Pleasure to deal with.’

‘It is always a pleasure to deal with the team at Mourant. They provide technically sound, pragmatic advice in an efficient and timely manner.’

Principaux clients

Greystar Real Estate Partners


HSBC


Citibank


Goldman Sachs


Wells Fargo Bank


Lloyds Bank


Cinven


Apex


EQT


Beazley plc


Battersea Project Holding Company Limited


Mimecast Limited


Ogier

The ‘technically very capable’ team at Ogier is sought after by banks and fund managers, whom it advises on both local and international financing transactions, with particular strengths in fund and leveraged finance deals, real estate financing and restructuring work. The firm also advises clients on ESG-linked financing, with practice co-head Katrina Edge focusing on sustainable finance structures in addition to fund and real estate financing. Fellow practice head Bruce MacNeil is noted for his cross-border banking and finance work, in addition to his advice on restructuring measures. James Lydeard assists clients with leveraged, finance and acquisition finance issues, while Kate McCaffrey is recommended for real estate financing.

Responsables de la pratique:

Katrina Edge; Bruce MacNeil


Autres avocats clés:

James Lydeard; Kate McCaffrey; Jennifer Cox; Lauren Maycox-Turner; Georgia Petre


Les références

‘The team is highly responsive and capable of working with short turnaround times.’

‘I’ve found the people in the team to be very friendly, down-to-earth and a pleasure to work with. The Ogier team feel like a seamless extension to our own, that we can very easily reach and liaise with. Kate McCaffrey is my immediate “go-to” in Jersey. She’s responsive, friendly and an excellent lawyer.’

‘Ogier have a strong background in banking and finance and are clearly one of the leading offshore firms in this area.’

Principaux clients

HSBC Bank plc


Silicon Valley Bank


Liberation Group Limited


Hoi Hup Realty Pte Ltd


Promontoria Holding 403 B.V.


Apollo Management International LLP


MetLife Investment Management


Caledonia Investments plc


Wren House Infrastructure Limited


International Oasis Holding Company KSCC


M&G Investment Management Limited


International Swaps and Derivatives Association (ISDA)


Adeem Investment & Wealth Management


Hellman & Friedman


Northwood Investors LLC


Moorfield Group Limited


OZ Management LP


CPP Investments


KB Securities


Eurazeo Real Estate Lux Sarl


Pramerica Real Estate Capital IV S.à r.l.


Valor Real Estate Partners LLP


Bybrook Capital LLP


Pizza Express (Jersey) Limited


Virgin Atlantic Airways Limited


The Portfolio Club


Pala Investments Limited


Crestline Direct Finance L.P.


Starwood Capital Group


Hilco Capital


Apollo


Principaux dossiers


  • Instructed as Jersey counsel to Aareal Bank on a £239.9m facility to the Raag Hotels group to refinance the acquisition of a hotel portfolio by an opportunity fund advised by Tristan Capital Partners.
  • Advised global alternative investment manager Ares Management, from a Jersey perspective, on its provision of financing to Titan Wealth Holdings for the purpose of financing the acquisitions of two major investment and wealth management businesses, Global Prime Partners and Tavistock Wealth.
  • Assisted two global banks – one as lender of a £185m senior facility and the other as lender of a £49m mezzanine facility – with their financings to Lone Star for its acquisition of a portfolio of student accommodation across the UK.

Appleby

The team at Appleby advises clients on both the borrower and lender side of finance transactions, assisting corporations, banks, private equity and sovereign wealth funds with real estate, leveraged and fund financing facilities, in addition to providing insolvency advice, making use of its international network to advise on large-scale, cross-border matters. James Gaudin leads the practice, handling finance transactions, corporate restructuring matters and insolvencies. Iain Millar advises on a wide range of financing issues, offering support with leveraged finance, distressed debt and Islamic finance transactions, among others. Christophe Kalinauckas handles debt finance transactions. Senior associate Daniel Healy is also noted, and Simon Felton joined the practice in mid-2023.

Responsables de la pratique:

James Gaudin


Autres avocats clés:

Iain Millar; Christophe Kalinauckas; Daniel Healy; Simon Felton


Les références

‘Approachable, responsive and reliable. Appleby understands our business, and I am always confident that Appleby will provide commercially-focused, pragmatic advice.’

‘Daniel Healy is a cut above the rest. He has the calmness of a partner and manages transactions consummately.’

‘Great team – technically very good, responsive and approachable.’

Principaux clients

Ashby Capital


Barclays


HSBC


Lloyds


National Westminster Bank


Oak-North Bank


Silicon Valley Bank


Tritax Group


Principaux dossiers


  • Advised a major private equity firm on the funding arrangements for two separate PBSA portfolio acquisitions.
  • Advised Blackstone on the funding arrangements relating to Permira’s $5.8bn acquisition of Mimecast.
  • Advised SMCB on a number of NAV facilities.

Bedell Cristin

Bedell Cristin advises financial sector clients, including major international banks and private equity houses, on a range of transactions, advising on leveraged and acquisition finance deals, with further expertise in Islamic finance and real estate transactions. Alasdair Hunter heads up the practice, assisting US and EU investments banks, asset managers and credit funds with loan origination, restructuring and enforcement matters. Global managing partner Tim Pearce specialises in real estate and corporate finance transactions, while counsel Antony Clerehugh and senior associate Malcolm Ellis act on a range of financing structures. Promoted to managing associate in September 2022, Louise Hassell assists lenders with a range of financing matters. Mark Dunlop has moved to Walkers' London office.

Responsables de la pratique:

Alasdair Hunter


Autres avocats clés:

Tim Pearce; Malcolm Ellis; Antony Clerehugh; Louise Hassell; James Peart


Les références

‘Bedell Cristin are always proactive on any matter we instruct them on. Their staff are professional, reliable and friendly and we have no hesitation in them working directly with our clients if needed.’

‘Bedell’s are my go-to lawyers in Jersey and Guernsey on real estate finance matters. They are responsive and stick to their quotes much more than their competitors.’

‘An excellent banking practice with good understanding and expertise in Islamic finance.’

Principaux clients

Barclays Bank PLC


C. Le Masurier


Ocorian


Santander UK plc


Macquarie Bank


Oversea-Chinese Banking Corporation Limited


Aareal Bank AG


Ares Management Limited


The Royal Bank of Scotland International Limited t/a NatWest International


The Royal Bank of Scotland International Limited


Principaux dossiers


  • Advised U.S. International Development Finance Corporation, Norfund, ResponsAbility Investments, Oikocredit and Ecumenical Development Cooperative Society U.A. on the Jersey aspects of a $62m debt facility to develop sustainable energy use in Africa.
  • Advised Santander on its proposition for its new Lombard lending offering in Jersey.
  • Advising Inflexion Private Equity and the enlarged group, re-branded as Ocorian, on various transactions, ranging from internal reorganisations to refine the combined group structure, to various accessions and acquisitions of other group entities.

Collas Crill

Collas Crill‘s ‘straightforward, practical and commercial’ finance team acts on the lender and borrower side for banks, alternative lenders and HNWIs engaged in real estate acquisitions, as well as providing a strong offering on the Islamic finance front. Practice head Mike Williams specialises in acquisition, leveraged and asset finance transactions, and also works on deals with an Islamic finance element alongside Alexander Price, who was promoted to senior associate in January 2023. Matthew Gilley is noted for his expertise in international real estate financing and also advises on JPUTs.

Responsables de la pratique:

Mike Williams


Autres avocats clés:

Matthew Gilley; Alexander Price


Les références

‘Matthew Gilley’s banking team at Collas Crill provide a responsive, competent and excellent service. We use them to provide Jersey legal support on international banking transactions. The members of the team really know their law, they are very responsive and we have had no issues with meeting timeframes.’

‘Matthew Gilley is an excellent lawyer: personable, competent and always willing to go the extra mile to provide support for our clients. He has a positive and progressive attitude, and nothing is too much trouble. He understands teamwork, how this should apply to cross-border transactions, and how it is best achieved when working with other lawyers. Matthew is a class act. We also work with Alexander Price, who is talented and shows great promise. As a team, Matthew and Alexander are excellent.’

‘We consider Collas Crill a business partner rather just a law firm, always going out of its way to advise on deal structuring and adding value where possible. Unlike its competitors, Collas Crill provides very straightforward, practical and commercial advice and is often very proactive. The enthusiastic team is always ready and willing to help and it is apparent that there is a real collegiate and team approach to jobs.’

Principaux clients

ABC International Bank


Abu Dhabi Islamic Bank


Ahli United Bank (UK) PLC


Al Rayan Bank plc


Allied Irish Bank


Arbuthnot Bank


ASK Partners


Bangkok Bank


Banco Safra S.A


Bank of East Asia


Bank of London & The Middle East


Bank Julius Baer


Bank of Nova Scotia


Barclays


Blue Islands


Butterfield Mortgages


Canada Life


CBRE


Citibank, N.A.


Clydesdale Bank


Danske Bank


Gatehouse Bank plc


Habib Bank Zurich plc


Hamburg Commercial Bank


Hawk Lending


Hermes Alternative Investment Management


Hermes Real Estate Senior Debt Fund


HSBC


ICBC


ICG Longbow Senior Debt S.A.


ICICI Bank


India Exim Bank


Industrial and Commercial Bank of China


Intertrust


Invesco


Investec Asset Finance Channel Islands


Investec Bank PLC


KB Kookmin Bank London Branch


Kleinwort Hambros


Lloyds Bank


M7 Capital Y


National Westminster Bank PLC


Nationwide Building Society


Nedbank Private Wealth


OakNorth Bank PLC


Oaklands Secure Lending Limited


Octopus


Ortus Secured Finance


QIB (UK) plc


Rasmala Trade Finance Fund


Riyad Bank London Branch


RMC Lending Limited


Rothschild


Royal Bank of Canada


Royal Bank of Scotland International


Santander


Schroder Unit Trusts


Secure Trust Bank


Shanghai Commercial Bank


Shawbrook Bank


State Bank of India


Sunlife Assurance Company of Canada


Tunstall


Yes Bank


Principaux dossiers


  • Advised real estate investment manager Invesco on a £30m lending transaction secured against a portfolio of light urban industrial spaces across London, to be let to catering and delivery tenants.
  • Advised the billionaire Cypriot Lazari family group on their £451m acquisition and financing of the Fenwick store in London for redevelopment.
  • Advised a Jersey borrower on a £340m loan from Goldman Sachs to acquire and develop two properties in Kings Cross.

Maples Group

Maples Group advises both international banks and US private equity funds on matters of leveraged, fund and real estate finance, while also offering expertise on Sharia-compliant loan structures. Practice head Mark Crichton specialises in Jersey trust and holding structures, including Islamic finance arrangements. Paul Burton handles securitisation transactions and other leveraged and structured finance matters, while Simon Hopwood is noted for his UK REIT and Sharia-compliant funds practice. Amy Black is noted for her work financing downstream private equity acquisitions in, addition to assisting with both lender and borrower-side financings.

Responsables de la pratique:

Mark Crichton


Autres avocats clés:

Paul Burton; Simon Hopwood; Amy Black; Laura Hendrick; Daniel Perkins


Les références

‘Great teamwork, very commercial, proactive and efficient management of their elements of transactions, responsive and very good at keeping lead counsel updated. Paul Burton and Amy Black deserve particular mention.’

‘Really great local counsel service. Very pragmatic and commercial and good at getting things done in a tight timeframe when required. I always feel I can pick up the phone to them. Different offices are all very familiar with each other so can easily refer you to the correct person in another office, which is really helpful.’

‘A super-responsive team that is in tune with the client’s needs.’

Principaux clients

Apache Capital Partners


AGL Credit Management LP


ARES Management Corporation


Barclays Bank plc


Benefit Street Partners


Blackstone Credit


Ballyrock Investment Advisors LLC


Bain Capital Credit


Canyon CLO Advisors LLC


KKR Credit


Neuberger Berman Loan Advisors


Principaux dossiers


  • Advised Ares on its role as alternate credit provider to private equity co-sponsor buyers in the carve-out of Western Union Business Solutions group.
  • Advised Apache Capital Partners on the £70m refinancing, with Deutsche Bank, of the Lexington BTR development in Liverpool.

Walkers

The practice at Walkers advises major international banks and private equity houses on a range of financing arrangements, with particular strength in advising both lenders and buyers on real estate transactions. Beyond this, the firm offers assistance with secured, leveraged acquisition and fund finance, restructuring and Sharia-compliant transactions. Nigel Weston leads the team with a practice which spans the full banking and finance spectrum. Alexandra Corner advises on real estate and funds financing, while Jon Le Rossignol specialises in the financing and restructuring of real estate and private equity holding structures. Senior counsel Elaine Kelly supports clients with matters of general senior and mezzanine secured lending, and acquisition and development finance where Jersey structures are involved. Tristan Maultby is noted for his expertise in Islamic and real estate finance. Senior counsel Christine Fox, who joined from Collas Crill in September 2022, advises on cross-border transactions involving JPUTs, while senior associate Melissa Hellio, who arrived in the same month from Eversheds Sutherland (International) LLP, handles fund financing arrangements.


Responsables de la pratique:

Nigel Weston


Autres avocats clés:

Elaine Kelly; Jon Le Rossignol; Tristan Maultby; Julia Keppe; Christine Fox; Melissa Hellio; Louise Hamilton; Alexandra Corner


Les références

‘Tristan Maultby is responsive and helpful.’

‘Their attentiveness to both law firms as ‘clients’ and the real clients, their responsiveness, their coordination between different jurisdictions covered by the firm are all very valuable.’

‘The team is very commercially minded and has a good grip on the key concerns and goals of their clients, which is evident in the delivery of their advice.’

Principaux clients

Bank of America Merill Lynch


Riyad Bank London Branch


Allianz Real Estate


Principaux dossiers


  • Advised Rothesay Life on the financing aspects of the leveraged acquisition of 21 Moorfields in the City of London (the new headquarters for Deutsche Bank) by the trustees of a Jersey property unit trust (Lendlease Moorfields Trust).
  • Advised Allianz Real Estate and co-lenders on the Jersey law aspects of the £400m development finance facility provided to BentallGreenOak (via a Jersey property unit trust) and on the £1bn development of the all-electric net-zero carbon office scheme at 105 Victoria Street in central London.
  • Advised a consortium of lenders on the Jersey law aspects of the facilities made available to Brookfield Infrastructure to finance the take private acquisition of HomeServe.

Viberts

The banking and finance practice at Viberts is ‘quick to deliver’ on matters including refinancing, syndicated loans and Sharia-compliant financing arrangements, with particular strength in real estate transactions. Paul Wilson heads up the team. Christopher Scholefield and James Lawrence lead the firm’s work on behalf of Lloyds Bank; the former is also noted for Jersey trusts expertise, while the latter also advises other lenders on bonds and securitisations. Senior associate Oliver Hughes advises financial service sector clients on a range of financing issues.

Responsables de la pratique:

Paul Wilson


Autres avocats clés:

Christopher Scholefield; James Lawrence; Oliver Hughes


Les références

‘The team was great, very responsive and quick to deliver. They also proposed ways of bulk processing documents to keep the costs down, which was appreciated.’

‘Good, rounded advice and drafting. Emphasis on common sense and readable use of English language.’

‘Oliver Hughes and Paul Wilson were both helpful and thoughtful.’

Principaux clients

Accuro Financial Services


Amity Financial Services


Beaulieu School


Bracken Rothwell


Brooks MacDonald


Camerons


Caprica Cultivation Co Ltd


Caxton Holding Company Ltd


Channel 103


Citrus Kapital Ltd


CNR Construction


De La Salle School


EFG Financial Services


Equiom Financial Services


Fairway Financial Services


Fiduchi Financial Services


Jersey Hospice


JMEC Construction


Omega Financial Services


Osmium Property Holdings


Q3 Group


Rathbones Financial Services


Ravenscroft Financial Services


RBC


RK Investments Limited


Standard Bank


Al Mubarakia Ltd


Eden Limited


Claremont L4 Holdings Limited


St Philips Care Home Group


JMEC Group


Rydale Investments Limited


RK Investments Limited


Lynson Limited


Lloyds Bank


BBA Accountants


BDO Accountants


Andium Homes Ltd


Coutts


Zedra Trust Company Limited


Caxton


Criptyque


Omega Financial Services (Jersey) Limited


FCC Construction Limited


Dominion Financial Services


Aztec Financial Services


BDO


LassWho?


Treasure Quest Limited


Highvern Trust Company Limited


Pentera Trust Company Limited


Shufl Venture Capital Limited


KPMG


BCK Holdings Limited


Saltgate Limited


CNR Constructeur SAS


Baccata Financial Services


IQ EQ Financial Services


Lloyds Bank


Forward Group Financial Services


Tobacco Dock Limited


BCI Asset Finance Limited


Dunningham Investments Limited


Revoke Limited


Fox Managed Services (CI) Limited


Level 4 Developments Limited


J.J. Fox International Limited


Rossborough Financial Services


Longulf Trading (UK) Limited


Oak Financial Services


Oak Trustees (Jersey) Limited


Oak Group (Jersey) Limited


Financial Consultants (Jersey) Limited


Cynergy Bank Limited


Zero1 Limited


Regal Construction (Jersey) Limited


Pomroy Limited


Ready Plant (2019) Limited


ROK Construction Limited


Jersey Oyster Company Limited


HLG Holdings (Jersey) Limited


GlenQ Financial Services


ROK FCC JV


Comnexa


Principaux dossiers


  • Advised Al-Mubarakia and its various SPVs on a Sharia-compliant refinancing with an international bank.
  • Advised on a syndicated loan for St Philips Care Home Group.
  • Advising Lloyds Bank on various banking and finance transactions with corporate, LP and individual borrowers.

Edward Scott and Co

Edward Scott and Co is a boutique offering clients expertise in property financing matters. Advice to investors and fund managers on acquisitions and disposals of property in the UK, as well as assistance with financing facilities, make up the core of the practice. Founding partner Edward Scott is an experienced real estate finance lawyer, who also advises on matters concerning UK real estate held in Jersey structures. Senior associate Christa Cuthbert, who joined from Carey Olsen in August 2022, advises on real estate and finance transactions.

Responsables de la pratique:

Edward Scott


Autres avocats clés:

Christa Cuthbert


Les références

‘Principal-led, dynamic, responsive service.’

‘Pro-active, and always looking for a way to get the deal done.’

Principaux clients

Oakglen


Tellon Capital


Fifty-Eight Capital


Reuben Brothers


Principaux dossiers


  • Advised Harpur Centre Bedford on its refinancing of The Harpur Centre in Bedford with Bank Hapoalim.
  • Advised for Defoe Property Holdings on the amendment and restatement of its acquisition facility agreement with Greenoak.
  • Advised a prospective seller on the finance aspects of its $1.5bn sale of a trading group.

Lexstone Lawyers

Lexstone Lawyers‘proactive and responsive’ team assists clients on both the lender and borrower side with cross-border financing and refinancing matters, advising banks and family offices on transactions concerning real estate and financial services. Practice head Norman Day advises borrowers on Jersey financing transactions, while Lucy Egerton-Vernon assists family offices and trust companies with finance transactions. Senior consultant Howard O’Toole joined the firm from Voisin Law in June 2022, adding considerable structured finance experience to the firm’s offering.

Responsables de la pratique:

Norman Day


Autres avocats clés:

Howard O’Toole; Lucy Egerton-Vernon


Les références

‘Experienced practitioners able to deliver promptly and within budget with minimum fuss. We have used them for opinions and have found the cost to be sensible and the turnaround prompt and the communication good.’

‘Lexstone provides a very personal service, they are proactive and responsive and you get the impression that they really care about getting the deal done – they are always my first choice for Jersey aspects of my transactions. They tailor the service to fit the requirement instead of making a mountain out of a molehill! Very refreshingly practical.’

‘They were responsive, knowledgeable and user-friendly.’

Principaux clients

Royal Road Minerals Limited


SFH Jersey Limited (Soditic)


Howard Kennedy


Garfield-Bennett Trust Company Limited


Oakbridge


Hawk Family Office


Hawk Lending Limited


Fiduchi


Handelsbanken plc


Emera


CBRE UK


JTC


Vistra


PraxisIFM


Habitation


Bond Trust Limited


Carlyon AG


Blandford Capital


Brian Blandin Ltd


Underwood Solicitors LLP


Principaux dossiers


  • Assisted Hawk Lending with 41 financings, with a total deal value of £22m.
  • Instructed as lead Jersey advisors to Emera, which, in partnership with the listed healthcare real estate investment specialist Aedifica, acquired the Jersey care home operator LV Group for £58m.