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Work 01534 883850
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Elaine Kelly

Work 01534 883853
Ward Yates

Work Department

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


Elaine is a Jersey advocate and partner with over ten years’ offshore experience having previously worked at both Mourant Ozannes and Ogier, two of Jersey’s largest international law firms.  Elaine has a broad corporate and finance background. Her corporate expertise includes advising both public and private companies on high profile sales and acquisitions, corporate restructurings, joint venture arrangements, IPOs, high yield bond issuances and cash box transactions relating to placings and rights issues on the London Stock Exchange.  On the finance side, she has significant experience advising on senior and mezzanine lending and security involving a range of Jersey structures, including limited partnerships, discretionary trusts, JPUTs and companies.

Significant deals include: advising India’s largest property developer on the refinancing of £150m senior credit facility and £100m mezzanine credit facility in relation to the acquisition and development of prime real estate in London; advising a large geotechnical solutions specialist (listed on the LSE) in relation to its acquisition of units in a Jersey property unit trust for a total consideration price of £65m; and advising pension trustees in conjunction with Forsters in relation to the sale of its joint venture interest for consideration in excess of £100m in a Jersey unit trust structure that owned commercial real estate.


Qualified as an English solicitor (non-practicing) 2008; qualified as an Advocate of the Royal Court of Jersey 2012; Mourant Ozannes 2005-2007; Ogier 2007 -2015; Ward Yates 2015, partner Ward Yates 2016.


Bournemouth University (2005 First Class Law Degree); 2008 English Solicitor (non-practising); 2012 Advocate of the Royal Court of Jersey;


Banking and finance

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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Legal Developments in Jersey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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