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6 BRITANNIA PLACE, BATH STREET, ST HELIER, JE2 4SU, JERSEY
Tel:
Work 01534 883850
Fax:
Fax 01534 883851
Email:
Web:
www.wardyates.com

Nick Ward

Tel:
Work 01534 883855
Email:
Ward Yates

Work Department

Corporate and commercial, banking and finance and private client and trusts.

Position

Nick is a Jersey advocate and founder partner with over 15 years’ offshore experience. Nick is also BVI law qualified. His practice includes all aspects of corporate structuring and transactional work, including acquisitions and disposals, joint ventures and restructuring, as well as banking and finance transactions and insolvency advice. When advising clients, Nick brings not only his legal expertise but also a practical and commercial viewpoint having acted as a director of several asset holding and financing vehicles. Significant deals include: advising Greybull Capital in connection with its acquisition of the Long Products steel business from Tata Steel UK; advising UOL Group Limited, a substantial listed Singapore company, on their £97m corporate acquisition of Heron Plaza, Bishopsgate in conjunction with Berwin Leighton Paisner; and advising a multinational investment bank in relation to lending and security on a commercial investment loan facility for a sovereign state.

Nick has been consistently ranked by Legal 500 for a number of years being described as "proactive and to the point"; "a well respect adviser, first rate"; and praised for his "excellent technical skills" and ability to "cut through the issues".

In 2016, Legal 500 named him as a leading individual for banking and finance and recommended him in the areas of corporate and private client describing him as "intellectually strong" and "an erudite individual with a pragmatic approach".

Career

Trained Baileys, Shaw & Gillet; qualified 1996; solicitor Baileys, Shaw & Gillet 1994-97; solicitor Sinclair Roche & Temperley 1997-99; solicitor Watson, Farley & Williams 1999-2002; advocate Ogier 2002-14; partner from 2007; partner Ward Yates 2014.

Education

Durham University (1991 First Class Russian, Italian and Philosophy); 1996 English Solicitor (non-practising); 2004 Advocate of the Royal Court of Jersey; 2008 Solicitor of the Eastern Caribbean Supreme Court (BVI)


Jersey

Banking and finance

Within: Leading individuals

Nick Ward - Ward Yates

Within: Banking and finance

The ‘deal doers’ and ‘problem solvers’ at Ward Yates combine ‘a high level of technical ability with a practical and commercial approach’ and, according to one client, ‘outdo their competitors when it comes to responsiveness and ability’. Recently, the team advised a lender in the context of a borrower having breached finance and security arrangements by restructuring without lender consent, and a large Asian property developer engaged the firm to advise on the Jersey law aspects of its entry into a syndicated loan note facility to fund the development of a property in the UK. Also notable is Elaine Kelly's work for a mortgage lender pertaining to the refinancing of various loans made by a global financial advisory group, and a number of acquisition financing transactions in the real estate sector. Kelly, who ‘is a joy to work with’, co-heads the banking offering with ‘knowledgeable, proactive and helpful’ founding partners Victoria Yates and Nick Ward.

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Corporate and commercial

Within: Corporate and commercial

Boutique firm Ward Yates is led by the ‘expert and wholly reliableNick Ward and the ‘personable, approachable and knowledgeableVictoria Yates – both of whom are ‘charming to work with’ – and is entirely focused on non-contentious corporate, trusts and finance work. The team, which ‘offers a personalised service’, is currently acting as Jersey counsel to a regulated investment business with regard to its sale to a licensed trust company; in another highlight, a Russian multi-industry holding company instructed the group to oversee the sale of one of the Jersey companies forming part of its wider telecoms group. Ward and Yates also led the advice to clients with regard to the establishment of a share-holding partnership, complex contractual negotiations and corporate governance issues related to potential insolvency and criminal investigations. Clients also recommend the ‘hardworking, efficient and excellentElaine Kelly.

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Private client, trusts and tax

Within: Private client, trusts and tax

Ward Yates ‘provides a comprehensive and proactive service’. Victoria Yates has the ‘ability to explain complex legal matters in a straightforward manner’ and draws much praise from clients, who also recommend the ‘positive and enthusiasticElaine Kelly. A global private markets investment manager engaged the team to oversee the establishment of two Jersey unit trusts to invest in an Asian structure holding commercial property, and senior associate Corinne Barnes collaborated with Yates to guide a Russian private client through the setting up of a discretionary family trust. The ‘commercial and pragmaticNick Ward led the advice to a licensed trust company acting as the trustee of two discretionary trusts on its ability to fund a bonus scheme to reward certain key individuals in a business which it has agreed to sell in a staged process. Other work highlights include advising on the restructuring and winding-up of structures, reviewing trust documents and wills and probate issues, and assisting clients with corporate governance matters.

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