Appleby’s ‘solutions-driven team’ is noted for its work in the funds and real estate finance fields, acting for an impressive roster of banking clients and alternative lenders on the arranging and refinancing of a range of facilities. The ‘proactive and commercial’ Jeremy Berchem co-heads the group, maintaining a practice that covers subscription, asset, and property financing, in addition to assisting with the issuance of debt instruments, while alongside him Stuart Tyler focuses on debt financing. Paula Fry acts for funds clients requiring real estate financing, with Leona Maharaj advising borrowers and lenders across a range of banking matters. Dylan Latimer and Tristan Ozanne both joined the practice in October 2024.
Banking and finance in Guernsey
Appleby
Praxisleiter:
Jeremy Berchem; Stuart Tyler
Weitere Kernanwälte:
Paula Fry; Leona Maharaj; Dylan Latimer; Tristan Ozanne
Referenzen
‘Partner-led, solutions-driven team with deep market knowledge and an unbeatable offshore network.’
‘Jeremy Berchem is a proactive and commercial lawyer whom we can trust to get the deal done smoothly and pragmatically.’
‘Almost unique marriage of quality advice, responsive service and people who make the job enjoyable.’
Kernmandanten
Bank Julius Baer
Bank of America Merrill Lynch
Barclays Bank Plc
BMO Bank N.A.
Deutsche Bank
HSBC Group
ICG Real Estate Debt Investments S.a r.l
Investec Group
JPMorgan Chase Bank
Lineage Logistics Holdings LLC
Lloyds Banking Group
LondonMetric Property Plc
Manhattan Loft Gardens Limited
National Westminster Bank
Noé Group
Santander UK plc
Société Générale
States of Guernsey
Suntera Global
The Royal Bank of Scotland Group
The Standard Bank of South Africa Limited
Toronto Dominion Bank
Wells Fargo
Highlight-Mandate
- Advised the States of Guernsey on all Guernsey law aspectsof the joint venture acquisition by the States of Guernsey and Condor Ferries of a new lifeline ferry for Guernsey.
- Advised HSBC Private Bank (Suisse) S.A. in connection with its acquisition of the private banking business of the Guernsey branch of HSBC Bank plc.
- Acted for Investec Bank plc in connection with 18 funds finance and property finance transactions.
Carey Olsen
Carey Olsen acts for a client base consisting of both lenders and borrowers on fund, acquisition, and property financing matters, including an increasing NAV lending practice and a growing focus on end-of-life facilities. Practice head Andrew Boyce specialises in structuring fund finance facilities, which dovetails with his expertise in fund formation, with additional experience overseeing capital calls and leveraged financing deals. Ben Morgan acts for funds on downstream banking and finance transactions, with Tom Carey and Annette Alexander both supporting a roster of funds clients on fund formation and financing arrangements.
Praxisleiter:
Andrew Boyce
Weitere Kernanwälte:
Ben Morgan; Annette Alexander; Tom Carey
Referenzen
‘Responsive, very experienced, don’t make a drama out of a crisis, focused on getting the right result for their clients. Always a pleasure to work with.’
‘Andrew Boyce is a really nice person. The rest of the team are also very easy to deal with, as well as being knowledgeable and experienced.’
Kernmandanten
MARK Capital Management
Highlight-Mandate
- Acted as Guernsey counsel in relation to the financing of the Crossbay II UK portfolio of properties, held in Crossbay II (UK) Propco 1 Limited, which is a Guernsey incorporated, UK tax resident company.
Mourant
Mourant‘s ‘technically excellent’ team advises banks and funds, having overseen a spectrum of refinancing mandates in 2023, and continues to act for private equity clients on downstream acquisition financing. The practice is also increasingly advising clients on their positions regarding pre-enforcement and insolvency matters. Practice head John Rochester handles real estate and asset financing arrangements, with a notable aircraft finance niche. John Lewis brings extensive fund financing experience, and, alongside Frances Watson, acts for funds clients on the restructuring and refinancing of existing facilities. Helen Wyatt is well versed in the regulatory challenges tied to banking and finance transactions, while Alana Gillies Ridout‘s practice encompasses real estate and fund financing.
Praxisleiter:
John Rochester
Weitere Kernanwälte:
John Lewis; Frances Watson; Helen Wyatt; Darren Bacon; Alana Gillies Ridout; Gary Hall
Referenzen
‘We tend to use John Rochester and his team when we can. We always get a high quality service from the team, and they are always very responsive. John is always actively involved in the transactions, and I am always able to get hold of him.’
‘John Rochester is an excellent lawyer and is always available when we need him. He has actively sought to build a relationship with us over many years and so knows how we work and what we need from him.’
‘Mourant has a broad practice and a depth of experience in the restructuring market. They are responsive and technically excellent.’
Kernmandanten
UBS AG
DDE 61 Limited
Santander UK plc
Deutsche Pfandbriefbank
Lembaga Tabung Haji
Keyhaven Capital Partners Limited
Highlight-Mandate
- Advised UBS AG as agent and security agent on the provision of a £300m secured term loan facility to the Labtech Group.
- Advised Lembaga Tabang Haji, through one of its subsidiaries, LTH Property Holdings 3 Limited, in connection with a bilateral £150m Tawarruq financing provided to the Malaysia Building Society Berhad.
- Acted as Guernsey borrower counsel to 13 Guernsey companies in relation to a €144m loan facility provided by Raiffeisen Bank International AG to the borrower group, to enable refinancing of an existing loan facility and the development of certain real estate in Germany.
Ogier
‘Nothing is too challenging’ for Ogier, which assists syndicates, individual banks and alternative lenders with the structuring of a range of financing facilities, including acquisition, fund and real estate finance, while also advising on the restructuring of existing loans. The team is led in partnership by Christopher Jones, a specialist in acquisition and asset finance, and ‘standout partner’ Paul Chanter, renowned for his leveraged finance work. Matthew Macfarlane brings a broad financing expertise, advising on acquisition, fund and real estate finance, while also on matters arising out of insolvencies and linked restructuring processes.
Praxisleiter:
Christopher Jones; Paul Chanter
Weitere Kernanwälte:
Matthew Macfarlane
Referenzen
‘Excellent availability. Very able to listen to instructions and execute transactions.’
‘A strong team with good a good bench of associates supporting the partners. Partners remain heavily involved and are responsive and available.’
‘Paul Chanter is enthusiastic, responsive, and very easy to work with.’
Kernmandanten
HSBC Bank plc
HSBC Innovation
Apollo Management International LLP
MetLife Investment Management
Caledonia Investments plc
M&G Investment Management Limited
International Swaps and Derivatives Association
The International Securities Lending Association
Mid Europa
Australia and New Zealand Banking Group
Apax Partners LLP
LaSalle Investment Management
H.I.G. Capital International Advisors
Sumitomo Mitsui Banking Corporation
Topland Vintage Finance Ltd
Hayfin Capital Management LLP
Bank of China (Hong Kong) Limited
Highlight-Mandate
- Acted as Guernsey counsel for The International Federation of Red Cross and Red Crescent Societies in respect of IFRC’s novel risk transfer mechanism.
- Acted for Wildstone in relation to its £350m infrastructure refinancing, the first of its kind in the industry, with Deutsche Bank.
Babbé LLP
Babbé LLP is well positioned to assist clients in both the domestic market and those engaged in cross-border finance transactions, bringing a ‘collegiate, responsive, and considered’ approach to structures including revolving credit facilities and secured lending deals. Ann Halliday represents a number of banks, advising them on both lending arrangements, including the drafting of LMA documents, and associated regulatory matters.
Weitere Kernanwälte:
Ann Halliday
Referenzen
‘The team understands the requirements to close a deal and that quick, pragmatic responses are critical.’
‘Ann Halliday is sensible and very responsive.’
‘The approach is collegiate, responsive, and considered. They have assisted my clients in getting their transactions done in a no-fuss, professional manner.’
Highlight-Mandate
Bedell Cristin
Bedell Cristin‘s banking team acts for a range of lenders, including international banks and alternative credit providers, on the structuring of real estate finance, with niche expertise in insurance-linked securities and Islamic finance. The practice, under the leadership of Kate Ovenden, is also able to advise borrowers and provide lenders with enforcement assistance.
Praxisleiter:
Kate Ovenden
Weitere Kernanwälte:
Tendai Gakanje
Referenzen
‘They have a deep understanding of our mutual bank clients and their requirements. Straightforward and timely service.’
‘The Bedell team offers commercial and practical advice, with quick turnaround times and a friendly and collaborative team.’
‘The finance team was diligent, responsive and integral to helping us navigate through challenging Guernsey law aspects of a complex group reorganisation.’
Kernmandanten
The Royal Bank of Scotland International Limited
Schroder Real Estate Investment Trust Limited
Catalyst MENA Clean Energy Fund LP
Highlight-Mandate
- ## INSERTED START: 07-05-2024 11:39:35
Owing to the confidential nature of most finance matters, none of our deals (although significant) is publishable.
Collas Crill
Fund and Islamic finance are the core pillars of Collas Crill‘s banking practice, which has also grown its practice in respect of family offices and other private wealth structures. The newly restructured Financial Services & Regulatory team is led by Wayne Atkinson, who handles a mixture of lender and borrower-side mandates. Simon Heggs and Ben Le Page are noted for their fund and real estate finance practices, while also increasingly advising on loans taken out by private wealth vehicles. Ian Petherbridge maintains a lender-side practice, advising on a wide range of facilities.
Praxisleiter:
Wayne Atkinson
Weitere Kernanwälte:
Simon Heggs; Ben Le Page; Ian Petherbridge
Referenzen
‘Collas Crill is a safe pair of hands dealing with the offshore elements of my transactions. They are responsive, helpful and proactively seek out solutions to ensure everything runs smoothly.’
‘A very knowledgable and capable team which gives practical, commercial advice. They understand our business and can cut to the chase.’
‘Pleasant to deal with, good response times, took responsibility for their tasks and proactively dealt with them.’
Kernmandanten
Northern Trust
ADIB (UK) Ltd
QIB (UK) plc
Rothschild & Co Wealth Management Limited
N. M. Rothschild & Sons Ltd
Channel Islands Property Fund Limited
Al Rayan Bank
Investec Bank (Channel Islands) Limited
OakNorth Bank plc
Bangkok Bank Public Company Limited
Deutsche Pfandbriefbank AG
Nuvei
RBSI/Nat West
HSBC
Habib Bank
Northern Trust
Highlight-Mandate
- Acted as Guernsey counsel to the Nuvei Group in the refinance of $1.88bn new senior secured debt facilities.
- Acted for the borrower in respect of the amendment and restatement of a £150m facility from Deutsche Bank AG and OakNorth Bank Plc.
- Acted for a private client bank providing a $100m short-term liquidity facility to a complex Guernsey PCC sharia compliant investment structure.
Ferbrache & Farrell LLP
Ferbrache & Farrell LLP provides ‘efficient and to-the-point advice’ to predominantly borrower-side clients, acting for funds looking to secure financing for their investments and other activities. ‘Best lawyer in Guernsey’ Gavin Farrell heads the team, focusing on financing tied to funds and asset management. Helen McGeoch acts for both private equity clients and banks across the spectrum of finance facilities, while also providing advice on regulatory issues.
Praxisleiter:
Gavin Farrell
Weitere Kernanwälte:
Helen McGeoch; Stuart Nash; Joshua Black
Referenzen
‘Best team, best knowledge, and highest levels of delivery.’
‘Gavin Farrell is the best lawyer in Guernsey.’
‘Exceptional practical working knowledge of legislation and commercial solutions, Gavin Farrell has provided exceptional legal support.’
Kernmandanten
HitecVision
Lakestar
Highlight-Mandate
- Provied ongoing legal advice, including on all corporate, funds and banking matters for HitecVision.
- Provided ongoing legal advice, including all corporate, funds and banking matters for Lakestar.
Walkers
Walkers is as adept in acquisition financing as it is with fund and asset finance transactions. The group has particular expertise in structuring financing for aircraft, and financing for real estate acquisitions. Heading the team are Zoë Hallam, a fund finance specialist noted for her expertise in NAV facilities, and Kim Paiva, whose practice centres on asset finance but who also advises on leveraged finance deals and real estate financing. The latter areas are key areas of focus for Alex Wickens, who also provides expertise on Islamic finance structures.
Praxisleiter:
Zoë Hallam; Kim Paiva
Weitere Kernanwälte:
Alex Wickens
Referenzen
‘The team is very knowledgeable and experienced, and extremely responsive. They are a pleasure to work with and approachable. They have an excellent working relationship with 2-REG Guernsey aircraft registry, which is very useful for any practical input.’
‘Kim Paiva is always a pleasure to deal with and I never hesitate to pick up the phone to her if I need to check something or need a quick response.’
‘Alex Wickens, Kim Paiva and Zoë Hallam all very strong transaction lawyers and our go-to for banking transactions. Knowledgeable and easy to work with.’
Kernmandanten
Investec Bank
Rocket Properties
Falko Regional Aircraft Limited
ACIA Aero
SigmaRoc Group
Ares Management
Highlight-Mandate
- Advised the SigmaRoc Group in relation to its c. €1bn debt financing with Banco Santander and BNP Paribas to partially fund its acquisition of CRH plc’s European lime and limestone quarry businesses.
- Acted for Investec Bank Limited and ACIA Aero Leasing Limited in relation to a novel master revolving credit facility.