Leading Associates

Banking, finance and capital markets in British Virgin Islands

Conyers

Conyers‘ ‘well prepared, thorough, and knowledgeable‘ department for banking, finance, and capital markets work is undoubtedly one of the heavyweights in the jurisdiction, frequently seen on complex and high-valued matters, from IPOs to multifaceted financings. As part of his role as head of corporate at the firm’s BVI office, Robert Briant oversees the finance team and continues to counsel longstanding client Weatherford International. ‘Brilliant M&A, finance and general corporate lawyerAnton Goldstein is a further key figure for major transactions, while Rachael Pape receives client praise for her burgeoning practice, which has particular focus on corporate finance and reorganisations, capital markets, derivatives, and securitisations. Nicholas Kuriadelivers strong work‘ and is involved across the spectrum of work in this area.

Responsables de la pratique:

Robert Briant


Autres avocats clés:

Anton Goldstein; Rachael Pape; Nicholas Kuria


Les références

‘They are fast, clear, and precise.’

‘I had the chance of working with Nicholas Kuria and his team, and I would say their attention to detail is a huge plus and the disposition of providing clear context on specialized regulation.’

‘Conyers is a fantastic firm, they provide detail oriented work and deliver on deadlines. They are diligent and professional. They prioritize the client and deliver high quality work consistently.’

Principaux clients

BBB Foods Inc.


Weatherford International Ltd.


Nostromo Energy


Capri Holdings Limited


Commonwealth Bank of Australia


TT Group


Telegram Group Inc.


The Macquarie Group


AdvancedAdvT Limited


Principaux dossiers


  • Advised BBB Foods Inc. on $589m IPO on the New York Stock Exchange.
  • Advised Weatherford International on the amendment and restatement of its $750m LC Credit Agreement.
  • Advising Nostromo Energy on a transaction to take the company private and delist from the Tel Aviv Stock Exchange.

Harneys

As part of the firm’s substantial transactional offering, Harneys features a banking and finance team that is a go-to for lender side matters, acting for major financial institutions and prominent onshore law firms. Among the firm’s regular undertakings are offshore elements of cross-border lending and debt finance transactions, with the department assisting clients with varied types of financing and credit transactions. Tanya Cassie Parker is managing partner at the BVI office and draws on corporate finance expertise in co-leading the banking and finance arm alongside Michelle Frett-Mathavious, whose client base includes law firms, financial institutions, HNWIs, funds and corporates. George Weston, who heads the firm’s corporate offering across the Americas, is another experienced name to note for financing deals, and more junior key figures in the transactional team include Joshua Mangeot and Rhonda Brown.

Responsables de la pratique:

Tanya Cassie Parker; Michelle Frett-Mathavious


Autres avocats clés:

George Weston; Joshua Mangeot; Rhonda Brown


Les références

‘Responsive, likeable and easy to work with.’

‘We recommend George Weston.’

Principaux clients

Digicel International Finance Limited


Australia and New Zealand Banking Group Limited


Brightbay Real Estate Partners Limited (formerly RDI REIT Plc)


MBC Group


ACG Acquisition Company Limited


Bit Brother Limited


Adium


Principaux dossiers


  • Acted for the Digicel Group in a consensual financial restructuring in connection with a Bermuda Scheme of Arrangement.
  • Acted as BVI counsel to the Australia and New Zealand Banking Group Limited, in its capacity as one of a syndicate of lenders and agent in connection with amendments to certain financing arrangements with the Ovolo Hotel Group.
  • Acted as BVI counsel to Brightbay Real Estate Partners Limited on its ongoing strategic plans for its business.

Maples Group

Maples Group continues to focus on high value transactions for institutional clients, with a banking, finance and capital markets offering that is especially well regarded in the aircraft and shipping sectors. The department makes for a reliable high-end choice in general banking matters, equity and debt capital markets, deals with private equity backing, cross-border restructurings, and asset and project financing. Chris Newton has well over a decade of experience offshore and a track record assisting with all manner of banking, finance and restructuring transactions for financial institutions, sponsors, investors and borrowers. He co-leads the practice group with Ruairi Bourke, go-to counsel for a number of multinational banks, and the capital markets contact for prominent group companies and investors. Key support comes from Chloe Harris, while veteran former group leader Richard May retired in November 2023.

Principaux dossiers


Walkers BVI

Walkers BVI stands out on several fronts when it comes to its banking and finance work, including focusing on the recent growth area of fintech entries via BVI, as well as continuing to be a recognised name in traditional, high-value cross-border finance transactions. Asset finance for aircraft and private vessels is also a strength, and the broad offering is also well versed in capital markets work, structured finance, and related regulatory matters. Matthew Cowman, the managing partner of the BVI office, is strong on commercial financing and he co-leads the department with Omonike Robinson-Pickering, who has a thriving, growing practice specialising in advising financial institutions and borrowers on complex cross-border finance transactions from a BVI perspective. Lauren Williamson is another stand-out name across banking and finance transactions.

Principaux dossiers


Mourant

The banking and finance practice at Mourant covers a broad range of matters and has recently shown strength in US real estate financing, as well as acting in a number of capital markets deals, especially involving smaller Chinese companies listing on the US stock market. At the helm of the practice, Ian Montgomery is noted for debt and equity fundraising, public listings, security arrangements, and corporate restructurings, with a client base that includes international law and accountancy firms, financial institutions, multinational businesses, funds, and HNWIs. The team was bolstered in August 2023 with the addition of one of the markets foremost young lawyers Aliki Skelton-Lettsome, and Marianne Wilson is a further name to note with a burgeoning practice in this field.

Responsables de la pratique:

Ian Montgomery


Autres avocats clés:

Aliki Skelton-Lettsome; Marianne Wilson


Les références

‘Strong team.’

Principaux dossiers


Ogier

Complex financing matters and some of the most notable capital markets deals involving BVI entities are all within the wheelhouse of Ogier‘s team for banking and finance. Following the retirement in February 2024 of co-head of the department Ray Wearmouth, the practice is solely led by Michael Killourhy, an experienced corporate lawyer now overseeing all transactional matters at the office and in this area, a particularly well regarded name for equity capital markets. As part of Wearmouth’s planned retirement, his practice is being managed temporarily by Jersey based Christian Burns-Di Lauro, who is increasingly involved in BVI matters. David Mathews is another client-recommended name to note.

Responsables de la pratique:

Michael Killourhy


Autres avocats clés:

Christian Burns-Di Lauro; David Mathews


Les références

‘We found the team very collaborative and were willing to invest time in finding the right structure for the deal ahead of the engagement which was much appreciated.’

‘Ogier consistently provides best class services to our group. They are always available, ready to solve complicated issues and advise on complex matters.’

‘I have been working with David Mathews and Michael Killourhy for many years. They are always responsive, provide great legal advice and help on all necessary aspects.’

Principaux clients

Constellation Oil Services Holding S.A.


CTRL Group Ltd


GDEV Inc.


HSBC Bank Plc


IDC Overseas Ltd


Junee Limited


Matrixport Technologies Ltd.


m-Finance Limited / mF International Limited


Oxbridge RE


Royal Gold, Inc


Principaux dossiers


  • Advised HSBC Bank PLC on $2.18bn refinancing facilities to Nord Anglia Education.
  • Advised IDC Overseas Ltd. on its $150m European medium term notes programme.
  • Advised Junee Limited and m-Finance Limited on their respective Nasdaq IPOs.

Appleby

Multi-jurisdictional matters for both borrowers and lenders are strengths of the team at Appleby, which involves a mix of lawyers across various disciplines, as well as from across its international network of offices. International asset finance transactions are also a notable forte. Corporate group head Jeffrey Kirk oversees banking and finance matters too, while Jersey-based Andrew Jowett also spends time at the BVI office and stands out for financing work in the energy and natural resources space. Shana Simmonds has expertise in secured and structured financings and private equity transactions, and David Clark, primarily working from Bermuda, is a further prominent figure in BVI matters for the firm.

Responsables de la pratique:

Jeffrey Kirk


Autres avocats clés:

Andrew Jowett; Shana Simmonds; David Clark


Principaux clients

Wilmington Savings Fund Society, FSB


First Quantum Minerals Ltd


Apollo Capital Management L.P.


Wells Fargo


East West Bank


Gerdau Metaldom


Citibank


Blue Like An Orange Sustainable Capital Latin|America Holdings Ii S.À R.L.


CIFI LATAM, S.A.


Orion Mine Finance


Goldman Sachs


Deutsche Bank


JPMorgan Chase Bank N.A., London Branch


Myanmar Investments International LTD.|(MIL).


UBS


Principaux dossiers


Carey Olsen

Clients of Carey Olsen‘s banking and finance team are appreciative of its ‘tailor-made approach‘ to matters that include asset finance, real estate finance and refinancing transactions. The department assists both lenders and borrowers, and is jointly led by Clinton Hempel and Elizabeth Killeen. Hempel is the firm’s global head of the BVI corporate practice and is often engaged in cross-border joint ventures, M&A, corporate reorganisations and stock exchange listings. Killeen is ‘a mainstay of the corporate legal world in the BVI‘ and has over 15 years of experience in the jurisdiction. Katrina Lindsay is the more junior contact to note.

Responsables de la pratique:

Clinton Hempel; Elizabeth Killeen


Autres avocats clés:

Katrina Lindsay


Les références

‘Carey Olsen ensures a tailor-made approach and understand the complexities of the cross-border nature of the transactions we work on together. For any work with a British and Virgin Islands law scope, we are sure to recommend them to our clients.’

‘Katrina Lindsay continues to be an immense help on our transactions and navigating the relevant local law requirements to our transaction.’

‘Extremely responsive and have people on the ground in the BVI with the knowledge and experience to deliver quality advice in a timely manner.’

Principaux clients

BDO Capital & Investment Corporation


Dragonfly Fund III


Placeholder Fund III, LP


Socket Technologies Limited


TMF Group


Virgin Active International Investments Limited


Principaux dossiers


  • Assisted BDO Capital & Investment Corporation with a 100 billion pesos (PHP) loan to be made available to SMC Mass Rail Transit 7 Inc.
  • Advised TMF Group – Citigroup Global Markets Inc. and The Bank of Nova Scotia, as joint lead arrangers and bookrunners, on a secured $330m syndicated loan to a vehicle of Inicia.
  • Advised Virgin Active International Investments Limited on a corporate matter involving extensive discussions with its investors as well as the preparation of bespoke subscription agreements.

Collas Crill

Ellie Crespi leads the banking and finance group at Collas Crill and receives notable praise from clients, with one dubbing her ‘the go-to offshore lawyer for secured lending matters in particular‘. The team is counsel of choice to international banks and financial services companies and its versatility is seen in a workload that spans asset and real estate finance matters, debt restructurings and insolvencies, as well as shipping finance work. Greg Boyd‘s vast experience in transactional law in the BVI makes him a top choice for cross-border corporate and finance transactions, and the two partners are supported by Annabel Bishop, who has particular experience in investment funds matters.

Responsables de la pratique:

Ellie Crespi


Autres avocats clés:

Greg Boyd; Annabel Bishop


Les références

‘Ellie Crespi and Greg Boyd have decades of offshore experience, in addition to real onshore experience in London and CIS that few offshore lawyers can boast. Their book of private equity, asset finance and non-contentious restructuring clients is impressive, even when compared to the largest offshore firms. They are used to advising on complex sophisticated financing transactions and complicated cross-border issues.’

‘Ellie Crespi is highly impressive. She is the go-to offshore lawyer for secured lending matters in particular. Greg Boyd’s hire added even more strength and depth to the team. He revels in finding solutions to thorny legal issues. Annabel Bishop provides excellent support to the partners.’

‘Ellie Crespi and her team are fantastic. We have worked on a broad set of matters together – fund formation, litigation, corporate planning and restructuring. Ellie has a wealth of experience and is refreshing for a lawyer . . . she practices law as if it is about you, the client, and not about the lawyer and the law firm. Efficient, smart and sage counsel.’

Principaux clients

Bank of London and the Middle East


CORE LLC


Huawei


MAPA Group


Mason Hayes & Curran LLP


Bay Point Capital


FourWorld Capital LLC


ALPINE PARTNERS (BVI), L.P.


Al Rayan Bank


Lightstone Enterprises Limited


Cardinal Health Inc.


AirBnB


Multiplicity Partners AG


Farallon Capital


Petroserv Marine Inc.


Cohort Capital


Highway Holdings Limited


Partners for Growth


Velox Arbitrage Fund


Vector Capital


Site Technology, UAE


Exponential Age Asset Management


Shanghai Pudong Development Bank


China Merchant Bank


China Development Bank


Eversheds (London)


Thomson Hine (New York, Georgia)


Thomson Hine (New York, Georgia)


AFRA (Panama)


Alcogal (Panama)


Aleman, Cordero, Galindo & Lee


Bank of America


BSG Valentine


Citco


Dajani & Associates


Eversheds Sutherland (Dubai and Amman)


Extell Capital Partners LLC


Goldman Sachs


HSBC


Investec


M1 Real Estate


Mishcon de Reya LLP


Morgan & Morgan (Panama)


Morgan Stanley


Scotiabank


Sheppard Mullin Richter & Hampton


Smythe & Greenwood


Shimonov & Co


Squire Paton Boggs


TMF Group


Trident Trust


Taylor Wessing


White and Case (New York)


Zhong Lun Law Firm


Zodiac Maritime


Principaux dossiers


  • Advising Albaugh LLC, A&O Shearman and Jones Day on a $1bn financing with HSBC that involved five BVI obligors and a suite of security documents.
  • Advising hedge fund Bay Point Capital Partners and its US counsel Thompson Hine LLP on four transactions including the provision of bridge finance for a SAFE note issuance, a superyacht financing, a loan notes transaction and enforcement advice in relation to a defaulting borrower.
  • Advising a real estate company in the United States on a $177m financing for a New York hotel and in relation to three bond issuances on the Tel Aviv Stock Exchange.