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17 THE ESPLANADE, ST HELIER, JE2 3QA, JERSEY
Tel:
Work 01534 480700
Email:
Web:
www.lexstone.je

Lucy Egerton-Vernon

Tel:
Work 01534 480799
Email:
Lexstone Lawyers

Work Department

Private Wealth, Commercial, Banking, Financial Services

Position

Group Partner

Career

Lucy is one of the founding partners of Lexstone Lawyers Group. She specialises in corporate and commercial, private wealth, trust law and banking and finance.

Lucy studied law at the University of Exeter and completed her Legal Practice Course at the College of Law in London before qualifying in London. Lucy previously worked at CMS Cameron McKenna and Lee Bolton Monier-Williams before moving to Jersey in 2012.

Lucy recently received praise from Legal 500 for her "commercial approach backed up by in-depth knowledge of corporate matters" and for being "calm, commercial and knowledgable".

Member

Law Society of England and Wales

Education

University of Exeter (LLB) 2004
College of Law, London (LPC) 2005


Jersey

Banking and finance

Within: Banking and finance

Lexstone Lawyers‚Äô¬†Lucy Egerton-Vernon¬†recently collaborated with senior associate Agnieszka Bielanska¬†to advise on the Jersey law aspects of a major refinancing transaction involving Welsh, English, BVI and Jersey companies. In other notable highlights, the group acted alongside large international law firms such as¬†Gowling WLG¬†to represent clients including M√ľchener Hypothekenbank and DBS Bank in financing transactions. Marcus Stone¬†founded the firm with Egerton-Vernon and is also a key contact alongside associate Claudia Martens.

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Corporate and commercial

Within: Corporate and commercial

Lexstone Lawyers’ Marcus Stone is lead Jersey counsel to Angel Trains, which recently appointed the firm to oversee the corporate law aspects of its establishment of two SPVs. On her end, Lucy Egerton-Vernon acted for a Panamanian company in a share transfer and provided regulatory advice to the same client regarding a foundation within its structure. In other highlights, the team advised on a group restructuring following a shareholder dispute, and associate Claudia Martens collaborated with Stone to assist Royal Road Minerals with its opening of a branch in Peru.

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Private client, trusts and tax

Within: Private client, trusts and tax

Lexstone Lawyers’ Lucy Egerton-Vernon recently oversaw a restructuring transaction on behalf of a family office, including the establishment of a private trust, and Marcus Stone drafted an application for a change of members of a Panamanian foundation for an ultra-high-net-worth family based in Dubai. Associate Claudia Martens plays a key supportive role and is also a name to note.

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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
  • Modernisation of Jersey‚Äôs pensions law

    Modernisation of Jersey’s pensions law
  • Jersey Opens the door to QROP‚Äôs

    Jersey opens the door to QROPs
  • Jersey Legislation Overview

    Jersey Legislation Overview
  • Civil Liability for Breaches of the Codes

    Civil Liability for Breaches of the Codes
  • AML Update: Review of 2014 amendments to the substantive offences

    AML Update: Review of 2014 amendments to the substantive offences under the Proceeds of Crime (Jersey) Law 1999 
  • The New Charities Law - a bright new dawn

    As of Friday 21 November 2014, the new Charities (Jersey) Law 2014 (the " Law ") (or at least certain parts of it) came into effect.  This represents a quantum leap forward for Jersey in the charity field.  The Law has introduced a new test for what is charitable (the " Charity Test "), has introduced the post of a Charity Commissioner and a Charity Tribunal, and in time will introduce standards that those who run charities in the Island will have to abide by.  It is hoped that the Law will enable the Island to flourish as a centre for the administration of charitable and philanthropic structures.
  • New Managed Account Regime for Jersey Hedge Fund Managers

    An exemption which will enable Jersey-regulated fund managers to be appointed in relation to managed accounts has now been introduced.  This will enable hedge fund managers that are already regulated under the Financial Services (Jersey) Law (FS Law) in Jersey to carry out fund services business (FSB) to also service qualifying segregated managed accounts (QSMAs) without the need to seek additional regulation for the conduct of investment business under the FS Law.
  • The Security Interests (Jersey) Law 2012: Changes to Jersey's security regime

    On 2 January 2014, the Security Interests (Jersey) Law 2012 came into force in respect of Jersey law security over intangible movable property (e.g. shares/securities, bank accounts and custody assets).  The new law replaces the Security Interests (Jersey) Law 1983 (which was in force for the last three decades) and introduces a number of important changes which modernise Jersey's security regime.
  • Exclusive and Inherent Jurisdictions: to boldly go where no Court has gone before?

    On 26 November 2014, the Privy Council delivered judgment in the long-running case of Crociani & Others v. Crociani & Others [2014] UKPC 40 .  The case is of interest to trustees because it provides conclusive and binding guidance on the treatment of exclusive jurisdiction clauses in trust deeds.  However, it also raises questions as to the fundamental nature of the inherent supervisory jurisdiction of the Royal Court in connection with trust matters, and whether it is in fact broader than previously thought.
  • Accessing EU Institutional investor capital

    Luxembourg is one of the largest global investment fund domiciles, benefiting from the following factors: