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Appleby saw a continued upswing in restructuring and refinancing instructions involving insolvency advice, as well as renewed activity in property, shipping and private jet financing. Faye Moffett is ‘responsive and organised’.

Cains delivers ‘an efficient service and never needs to be chased’. The practice acted in several commercial property finance transactions, including the restructuring of a large portfolio. Mike Pinson and Tim Shepherd are recommended.

Dougherty Quinn is noted for its ‘prompt responses and clear guidance’. Highlights included advising Barclays Advice in a revolving credit facility, and the practice is the exclusive adviser to Allied Irish Bank in the Isle of Man. It also undertakes shipping finance work. Mark Dougherty is ‘impressive’, and Tom Maher ‘stands out as a business adviser’.

Simcocks Advocates’ ‘service levels are incredible’. The practice was recently appointed to Santander’s Isle of Man panel, and worked with property holding group LNC on changes to existing loan facilities. David Spencer is experienced in banking and insurance law, and regulation and compliance. Amy Coole has a ‘helpful and commercial approach’.

At Gough Advocates, Paul Kerruish acts on structured finance arrangements, while Mark Holligon is ‘very knowledgeable about Manx insolvency law’. Stephen Mann is noted for his experience in the financing of ships, aircraft and satellites, and the enforcement of mortgage security granted over Isle of Man registered aircraft.

M&P Legal advises lenders on commercial banking matters. The team is praised for its ‘ability to give realistic advice’, with Christopher Murphy recommended.

MannBenham Advocates Limited acts for banks, building societies, financial institutions, e-wallets, and corporate and private borrowers on a range of banking and finance issues.

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Legal Developments in the UK

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