The ‘technically strong lawyers’ at Carey Olsen were joined in January 2024 by Tristan Maultby, who arrives from Walkers and brings with him a practice that covers real estate and Sharia-compliant finance structures. This augments the firm’s existing specialism in real estate finance, and its experience in overseeing the refinancing of existing facilities and acting on complex fund and acquisition finance mandates. Heading the team is Robin Smith, who maintains a borrower and lender-side practice, advising funds and banks on financing structures. Kate Andrews is the key contact for debt restructuring, with Peter German focusing predominantly on real estate financing. Fiona Dalton is also noted for her real estate finance work, acting for investment funds and family offices, and with particular expertise in JPUT structures.
Banking and finance in Jersey
Carey Olsen
Praxisleiter:
Robin Smith
Weitere Kernanwälte:
Kate Andrews; Peter German; Tristan Maultby; Fiona Dalton; Nick Ghazi
Referenzen
‘An extremely strong team of lawyers led by a group of partners that know what matters to the counterparties on any deal. No point scoring, no unnecessary negotiation, no overly technical emails, just good quality advice.’
‘Peter German stands out in terms of technical ability and practical advice. He cuts through any issues and focusses on the important points. He is my go-to for any large, complex matters. Kate Andrews makes complex transactions straightforward.’
‘Tristan Maultby is a very capable partner. He is always responsive, commercial and very user-friendly.’
Kernmandanten
Ad hoc committee of senior secured lenders of Vue International group
Committee of lenders to Flint Group
Deutsche Pfandbriefbank
The Royal Bank of Scotland International
Highlight-Mandate
- Advised Deutsche Pfandbriefbank AG in relation to a circa £117m debt facility made available to refinance a portfolio of UK logistics assets.
- Advised the committee of lenders on the recapitalisation of Flint Group, which benefitted from an approximately €760m deleveraging of its balance sheet and access to €72m of new liquidity.
- Acted as lead counsel to a consortium of ten banks on nine capital call facilities totalling €2.95bn in relation to a multi-jurisdictional fund restructuring.
Mourant
Mourant advises on the spectrum of lender and borrower-side financing matters, and is instructed by a number of major private equity houses in relation to the arranging of acquisition finance. The practice, under the leadership of real estate and leveraged finance specialist Gareth Rigby, and Jon Woolrich, whose practice centres on structured finance facilities and private equity transactions, is also sought after for assistance with refinancing transactions and Sharia-compliant structures. James Hill maintains a broad practice, acting for both lenders and borrowers on acquisition and real estate finance facilities. Neil McCarroll is noted for his specialism in Islamic finance, and is also a strong choice for private equity financing matters.
Praxisleiter:
Gareth Rigby; Jon Woolrich
Weitere Kernanwälte:
James Hill; Neil McCarroll; James Daniel; Mark Chambers
Referenzen
‘Mourant has always put the client first, providing quality legal input whenever called upon.’
‘Very strong and comprehensive offering, and great response times.’
‘The team as a whole is brilliant and to be honest they are my first choice for legal support in Jersey.’
Kernmandanten
Greystar Real Estate Partners
Citibank
Wells Fargo Bank
Lloyds Bank
Ares Management
Apex
EQT
Beazley plc
PLP
Mimecast Limited
Motive Capital Partners
Highlight-Mandate
- Advised PLP on the sponsor and borrower-side on numerous secured financing and refinancing transactions involving logistics sites, valued at over £300m.
- Advised Hestia Acquireco Limited and its subsidiaries, including HomeServe USA Holdings Corp, on the $1.2bn refinancing of Brookfield Infrastructure Partners’ external debt arrangements.
- Advised Blackstone Real Estate Debt Strategies in connection with a circa £140m loan to M7 Real Estate to refinance its Box+II Portfolio of retail warehouses in the UK.
Ogier
Ogier‘s multi-faceted team advises primarily lender-side clients on a host of loan facilities, including fund, real estate, and acquisition financing, in addition to assisting issuers on high yield bond financings. Leading the team in tandem are the ‘exceptional’ Katrina Edge, whose practice encompasses sustainable finance, and ‘user-friendly’ Bruce MacNeil, a refinancing specialist who also handles restructurings and leveraged finance deals. Kate McCaffrey noted for her focus on real estate finance.
Praxisleiter:
Katrina Edge; Bruce MacNeil
Weitere Kernanwälte:
Kate McCaffrey; Jennifer Cox; Nomfundo Skosana; Kamogelo Sono
Referenzen
‘Bruce MacNeil is very responsive and user-friendly.’
‘They are a friendly and approachable team that works towards the best results. They have helpful ideas to facilitate the deal.’
‘They are very responsive and good value for money. They also give good commercial advice.’
Kernmandanten
HSBC Bank plc
Liberation Group Limited
Albacore Capital LLP
Greenlight Planet Kenya Limited
Greensands Holdings Limited
Ares Management Limited
Natixis
Valor Real Estate Partners LLP
Pizza Express (Jersey) Limited
Starwood Capital Group
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.
Bybrook Capital LLP
Virgin Atlantic Airways Limited
The Portfolio Club
Pala Investments Limited
Crestline Direct Finance L.P.
Hilco Capital
Apollo
Highlight-Mandate
- Acted for a major global financial institution in relation to the appointment of a receiver over the leasehold interest in the Festival Place Shopping Centre in Basingstoke, held by the trustees of a Jersey property unit trust.
- Advised a global bank in relation to the £300m bridge facility loan to support a leveraged buyout of Wagamama owner, The Restaurant Group Plc, following an agreement by Apollo Global Management, Inc. to a take-private deal with TRG.
- Provided Jersey and Luxembourg law advice in relation to financing provided to the Polaris Group, which owns or sought to acquire key commercial properties in the UK leased to established British brands such as Boots, Whirlpool and the Royal Mail.
Appleby
Appleby provides ‘commercial and concise advice’ across a spectrum of financing mandates, with particular expertise in real estate and fund financing, in addition to refinancing work. Heading up the team is James Gaudin, whose practice is focused primarily on asset and real estate financing and securitisations. Simon Felton, who arrived from Ogier in July 2023, acts for private equity and private credit clients on the acquisitions of infrastructure and financial services targets, which are also sectors Iain Millar is well versed in. Daniel Healy is sought after by lenders providing facilities for real estate and fund acquisitions.
Praxisleiter:
James Gaudin
Weitere Kernanwälte:
Simon Felton; Iain Millar; Daniel Healy; Stephen Le Cornu
Referenzen
‘The team has great experience and is well resourced in order to assist on any deals we speak to them about.’
‘Daniel Healy is a standout performer who is always there to assist with the Jersey law aspects of transactions. He focuses on the important points of negotiation and makes sure to deliver deals on time and on budget.’
‘James Gaudin and Stephen Le Cornu are great to work with – very accessible, knowledgeable and always work to achieve client timescales.’
Kernmandanten
Barclays Bank plc, Sound Point Agency LLC and a consortium of lenders
Blazehill Capital Limited
Bourne Leisure
OakNorth Bank PLC
Sprott Private Resource Lending II Corp.
Vice Media Holdings LLC
Highlight-Mandate
- Acted as Jersey counsel for Barclays Bank plc, Sound Point Agency LLC and a group of lenders on the Jersey law aspects of various exit facilities of $2bn advanced to the Cineworld group.
- Advised Vice Media LLC in relation to a series of restructuring efforts, disposals and ultimately the Chapter 11 process.
- Acted as Jersey and Cayman counsel to Sprott Resource Lending Corp. on its $135m mezzanine financing to support Metals Acquisition Corporation’s acquisition of the CSA copper mine in New South Wales, Australia from Glencore plc.
Bedell Cristin
Advising an array of banks and alternative credit lenders, Bedell Cristin is noted for its expertise in structuring leveraged deals, asset financing and mezzanine facilities. Under the guidance of Alasdair Hunter, a specialist in structured finance facilities and enforcement matters, the practice is also well positioned to oversee Islamic finance mandates and handles loan restructuring issues. Managing partner Tim Pearce combines real estate and corporate finance with a strong regulatory practice, with Louise Hassell handling lender-side aspects of acquisition, fund and leveraged finance facilities. Malcolm Ellis is noted for overseeing the structuring of syndicated facilities, while Antony Clerehugh works on real estate financing.
Praxisleiter:
Alasdair Hunter
Weitere Kernanwälte:
Tim Pearce; Malcolm Ellis; Antony Clerehugh; Louise Hassell
Referenzen
‘Bedells are very proactive when providing assistance on matters when we work together. We are confident in their abilities and therefore are happy for them to liaise directly with our clients where necessary.’
‘Experts in their field with a deep understanding of our mutual clients’ requirements.’
‘Bedells really know their stuff.’
Kernmandanten
Barclays Bank PLC
Citibank NA
Tullow Oil plc
Ocorian
Santander UK plc
Macquarie Bank
Oversea-Chinese Banking Corporation Limited
Aareal Bank AG
Ares Management Limited
Natwest Markets plc
The Royal Bank of Scotland International Limited
McIntyre Partners
The Eastern and Southern African Trade and Development Bank
Highlight-Mandate
- Advised The Eastern and Southern African Trade and Development Bank on the Jersey aspects of a $30m debt facility to help increase access to renewable energy in Tanzania.
- Acted for Tullow Oil plc on the Jersey aspects of a $400m five-year notes facility agreement with Glencore Energy UK Limited, pursuant to which a facility was made available to draw for 18 months, the proceeds of which were to be used for liability management of Tullow’s senior notes maturing in March 2025.
Collas Crill
With a focus on lenders, Collas Crill‘s newly structured financial services and regulatory team is well positioned to assist with real estate financing and the refinancing of existing facilities, and is also noted for its understanding of Sharia-compliant lending. Matt Gilley took charge of the practice following Mike Williams‘ January 2024 departure, specialising in complex real estate and fund financings. Nick Ward, who arrives as a result of the firm’s merger with Ward Yates in January, handles a variety of banking and broader corporate mandates. Alexander Price is a key contact for Islamic financing structures.
Praxisleiter:
Matt Gilley
Weitere Kernanwälte:
Nick Ward; Alexander Price
Referenzen
‘Alexander Price is exceptional. He stands out as a practitioner in Jersey for the level of client service he provides.’
‘Collas Crill is a safe pair of hands dealing with the offshore elements of my transactions. They know we are all reliant on our customer service to run an effective law firm and are responsive, helpful and proactively seek out solutions to ensure everything runs smoothly.’
‘The banking and finance team at Collas Crill is fantastic. Matthew Gilley and Alexander Price are excellent to deal with: responsive, efficient, highly experienced and very knowledgeable.’
Kernmandanten
Oakdene Finance
CBRE
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
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
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
Highlight-Mandate
- Advised a borrower group of 9 Jersey and 3 BVI companies on a £196m facility with HSBC Bank plc.
- Advised a retail bank lender in relation to a £190m financing to two JPUTS developing two large build-to-rent schemes in Birmingham and Leeds.
- Assisted DAMAC in relation to the financing of DAMAC Towers Nine Elms, London and a facility with Credit Suisse AG.
Maples Group
Maples Group leverages its ties to the US market to advise major private equity houses, acting as alternative lenders, on credit facilities tied to real estate developments, while also providing borrower-side support on leveraged and fund financing transactions. Mark Crichton heads the practice, specialising in the use of Jersey structures for real estate financings. Paul Burton‘s workload spans both leveraged and structured finance transactions, with Simon Hopwood focusing primarily on funds-related financing matters. Amy Black acts for both borrowers and lenders involved in private equity transactions.
Praxisleiter:
Mark Crichton
Weitere Kernanwälte:
Paul Burton; Laura Hendrick; Daniel Perkins; Amy Black
Referenzen
‘The team is concise and cohesive, working efficiently together to deliver a consistent and commercial service to clients. They collaborate very well with onshore counsel.’
‘Mark Crichton is diligent and detailed with an excellent commercial mindset. No problem is too big or small, and he approaches everything with a calmness and control that provides immense comfort in times of high pressure and stress.’
‘Great law firm to work with – they are proactive, responsive, support transactions smoothly and generally friendly approachable lawyers.’
Kernmandanten
Apache Capital Partners
AGL Credit Management LP
ARES Management Corporation
Barclays Bank
Benefit Street Partners
Blackstone Credit (CLO division)
Ballyrock Investment Advisors LLC
Bain
Barclays Bank plc
Canyon CLO Advisors LLC
GI Partners
John Laing Group
KKR
Neuberger Berman Loan Advisors
Highlight-Mandate
- Advised Apache Capital Partners on the £188m development financing for the Great Charles Street scheme in their second joint venture BTR fund platform with partners Moda Living, Harrison Street and the NFU.
- Advised Bain Capital Insurance on the launch of employee benefits and pensions administration services business, Aptia.
- Acted alongside Latham & Watkins to advise KKR and Global Infrastructure Partners in connection with a strategic joint venture with Vodafone to invest in Vantage Towers.
Walkers
Walkers takes instructions from both lenders and borrowers looking to structure financing arrangements for real estate and corporate acquisitions, as well as providing assistance on the refinancing of existing loan facilities. Practice head Nigel Weston acts for both banks and investment managers, advising on a range of loan facilities. Jon Le Rossignol specialises in the financing of real estate and private equity holding vehicles, while Julia Keppe is noted for her expertise on debt facilities. Elaine Kelly is also well versed in structuring real estate financing, with additional experience in mezzanine facilities. Christine Fox‘s broad practice covers issues ranging from Islamic finance to development financing and security enforcement procedures, with Melissa Hellio focusing on fund and real estate finance. James Lydeard joined the practice in September 2024.
Praxisleiter:
Nigel Weston
Weitere Kernanwälte:
Jon Le Rossignol; Julia Keppe; Kevin McQuillan; Elaine Kelly; Christine Fox; Louise Hamilton; Melissa Hellio; James Lydeard
Referenzen
‘Jon le Rossignol and team are great to work with on finance matters – responsive, available and clear direction, with regular updates provided. ’
‘Excellently balanced team providing service of a very high standard.’
‘Melissa Hellio is an exceptional lawyer who provides commercially astute legal advice within tight timelines. Melissa manages her transactions very well, providing efficient and clear communication. One for the future!’
Kernmandanten
Eagle Street
Baupost Group and Goldfinch Partners
Cineworld Group plc
Bank of America Merrill Lynch
SigmaRoc Group
Citigroup Global Markets Limited
AlloyMTD (Jersey) Limited
FirstRand Bank Limited
Highlight-Mandate
- Advised Cineworld on gaining commitments from existing lenders for a debtor-in-possession financing facility in connection with its restructuring.
- Advised the SigmaRoc Group in relation to its c.€1bn cross-border debt financing with Banco Santander and BNP Paribas to fund its acquisition of CRH plc’s European lime and limestone quarry businesses.
- Advised the lender Citigroup Global Markets Limited in connection with a $130m sustainable securitisation of Kenyan off-grid solar assets with Sun King Financing Limited.
Viberts
Viberts advises a number of international banks, but maintains a broad lender and borrower-side practice across a range of financing structures, including real estate development, bridge and Islamic facilities. Paul Wilson leads the team. Christopher Scholefield and James Lawrence handle real estate financing matters, and the latter also handles securitisation matters. Nic Le Breuilly arrived from Ogier in October 2023, bringing with him experience in fund, acquisition and real estate finance.
Praxisleiter:
Paul Wilson
Weitere Kernanwälte:
James Lawrence; Oliver Hughes; Nic Le Breuilly
Referenzen
‘This is a good general practice with depth and breadth of the services it offers in Jersey.’
‘Paul Wilson is a good, steady pair of hands dealing with corporate matters. Not a lot fazes Paul when he deals with complex corporate issues and share structures. He has an ability to reduce a client’s needs to clear documentation.’
‘The Viberts team is knowledgeable and professional, lending support to our business when required and at short notice. Viberts have supported our team on a number of occasions, and we value their expertise.’
Kernmandanten
Accuro Financial Services
Amity Financial Services
Beaulieu School
Bracken Rothwell
Brooks MacDonald
CNR Construction
EFG Financial Services
Equiom Financial Services
Fairway Financial Services
Fiduchi Financial Services
Osmium Property Holdings
Q3 Group
RBC
Standard Bank
Al Mubarakia Ltd
St Philips Care Home Group
JMEC Group
Lloyds Bank
PKF BBA
BDO
Andium Homes Ltd
Zedra Trust Company Limited
Aztec Financial Services
Highvern Trust Company Limited
Baccata Financial Services
IQ EQ Financial Services
Forward Group Financial Services
Tobacco Dock 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
FCM Financial Services
Cynergy Bank Limited
ROK Construction Limited
Jersey Oyster Company Limited
Moore Stephens
Highlight-Mandate
Edward Scott and Co
Praised for its ‘very knowledgeable and proactive’ approach, Edward Scott and Co is noted for its work in the real estate sector, working on structures for the acquisition and development of onshore property. Founder Edward Scott is sought after for high value real estate finance facilities, acting for both traditional investment vehicles and family offices. Christa Cuthbert advises lenders on the provision of various loan structures and taking of securities tied to them.
Praxisleiter:
Edward Scott
Weitere Kernanwälte:
Christa Cuthbert
Referenzen
‘Small boutique but very knowledgeable and proactive and responsive during a transaction, and very easy to work with.’
‘Edward Scott has excellent industry knowledge, good relationships with the counterparty’s lawyers, keeps abreast of developments is and very good at alerting us to any relevant changes that may impact on the structure.’
‘Pragmatic, timely advice on Jersey law aspects. Efficient and user-friendly.’
Kernmandanten
Landsec
Oakglen
Tellon Capital
Storebox
Reuben Brothers
Highlight-Mandate
- Served as Jersey counsel for Landsec on its £7bn EMTN programme.
- Acted for Defoe Property Holdings Limited on the further amendment and restatement of its acquisition facility agreement with Greenoak.
- Assisted a large international single family office on the financing aspects of its project to establish a valuable Long Term Incentive Scheme for group executives.
Lexstone Lawyers
Acting for banks, alternative credit providers and a variety of borrower-side clients, Lexstone Lawyers is frequently called upon for assistance with cross-border real estate and development facilities. Norman Day heads the team, acting for a client base comprised of banks and borrowers. Howard O’Toole advises lenders and arrangers on the provision of credit facilities to borrowers in Jersey and around Europe.
Praxisleiter:
Norman Day
Weitere Kernanwälte:
Howard O’Toole; Lucy Egerton-Vernon; Marcus Stone
Kernmandanten
Hawk Lending Limited
Hawk Family Office
Fiduchi Limited
Emera Group
Highlight-Mandate
- Advised one of Germany’s largest banks on a £10m financing.
- Acted as lead counsel to a Jersey property development lender.