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Bedell Cristin

PO BOX 75, 26 NEW STREET, ST HELIER, JE2 3RA, JERSEY
Tel:
Work 01534 814814
Email:
Web:
www.bedellcristin.com
Grand Cayman, London, Singapore, St Helier, St Peter Port, Tortola

Jersey

Banking and finance
Banking and finance - ranked: tier 2

Bedell Cristin

Bedell Cristin's practice is on the panels of many leading banks, from the UK and elsewhere, handling real estate finance, restructuring and corporate finance (in particular, the firm has take roles a number of interesting deals in the energy space). 'Commercially-minded' practice head Tim Pearce, Mark Dunlop ('the undisputed champion of Jersey security law') and the 'highly-regarded' Alasdair Hunter are the key partners in the team. The firm also has a strong bench below partner level, with clients singling out senior associates Louise Hassell, Simon Morris, Malcolm Ellis and Antony Clerehugh for praise. The firm also has Jersey law expertise in its London office.

Practice head(s):Tim Pearce

Other key lawyers:Mark Dunlop; Alasdair Hunter; Louise Hassell; Simon Morris; Malcolm Ellis; Antony Clerehugh

Testimonials

'The team delivers a responsive, cost-effective and commercially focused service - it is able to deal with client pressure most effectively.'

'The firm provides commercially driven, clear and appropriate advice on a wide range of high value, highly complex, multi-jurisdictional matters.'

'The firm understands how clients want and need to get from the start to the end of transactions efficiently and smoothly and in dealing with all issues in a calm, speedy and cost-effective manner.'

'Alasdair Hunter has wide-ranging experience in banking and finance matters and is highly regarded by clients and instructing lawyers alike.'

'Tim Pearce provides sensible, honest advice and understands what is required the first time of asking.'

'Mark Dunlop is a leading authority on company law and banking and security law.'

'Simon Morris is a very good lawyer who is extremely knowledgeable but does not get bogged down in minutiae - he has the ability to manage complex transactions with ease.'

'Louise Hassell goes above and beyond for clients.'

Key Clients

Aviva Commercial Finance

Bank of America Merrill Lynch

Barclays Bank plc

HSBC Bank plc

Link Asset Services (London) Limited

Morgan Stanley

Blackstone Group

The Royal Bank of Scotland International Limited

Vitol

VTB Capital

WisdomTree Investments, Inc

Work highlights

  • Advised Fore Advisors on the £91m financing aspects of a purchase of London real estate.
  • Advised RBS on refinancing two real estate funds managed by The Curlew Group.
  • Advised RBS on real estate financing provided to a fund for the purpose of investment in properties on Jersey's Esplanade and Seaton Place.
  • Advised VTB Bank on amendments to a loan to Essar Energy as part of the borrower's restructuring, following its sale of Essar Oil.
Leading individuals

Mark Dunlop - Bedell Cristin

Tim Pearce - Bedell Cristin

Rising stars

Malcolm Ellis - Bedell Cristin

Simon Morris - Bedell Cristin

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Capital markets
Capital markets - ranked: tier 2

Bedell Cristin

Large corporate debt listings on TISE are a key source of work for Bedell Cristin, with the firm acting for a number of high-profile clients in this space. Other work includes securitisation and public M&A. Alasdair Hunter, who 'offers practical solutions and prompt responses' leads on many of the practice's key deals, while Louise Ridgway is a key associate. Former senior associate Mark Nisbet left in late 2018 for an in-house role at Icecap.

Practice head(s):Alasdair Hunter

Other key lawyers:Alasdair Hunter; Louise Ridgway

Key Clients

First Quantum Minerals Ltd

Netflix Inc

Cineworld Group plc

FCE Bank Plc

DZ Bank

Mriya Farming plc

Lloyds Bank plc

Commerzbank AG

Morgan Stanley

Work highlights

  • Advised First Quantum Minerals on a $1bn debt listing on TISE.
  • Advised Netflix on issuing €1.1bn of senior notes on TISE.
  • Advised Cineworld Group on listing two classes of notes, totalling $3.6bn, on the official list of TISE.
  • Advised Dana Gas on the Jersey elements of its the restructuring of its $850m sukuk; the original offering spawned litigation in the UK, the British Virgin Islands, Sharjah and the Dubai International Financial Centre following suggestions on the part of the issuer that the structure was not shari'ah compliant and void under UAE law.
Leading individuals

Alasdair Hunter - Bedell Cristin

Rising stars

Louise Ridgway - Bedell Cristin

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Commercial property
Commercial property - ranked: tier 2

Bedell Cristin

The team at Bedell Cristin advises a strong list of international banks on financing large-scale commercial property acquisitions and developments in Jersey. Corporate lawyer Tim Pearce is a go-to name in the market for domestic property transactions while senior associate Jeff O’Boyle often advises on regulatory issues including planning, licensing, construction and environmental law.

Practice head(s):Jeff O'Boyle

Other key lawyers:Tim Pearce; Hannah Robinson

Testimonials

'The team is highly responsive and experienced'

'Bedell Cristin is very knowledgeable, responsive, clear and concise'

'Jeff O'Boyle and Hannah Robinson are very personable and respond very promptly and are extremely knowledgeable'

Key Clients

OneSavings Bank

Santander Plc

JT (Jersey) Limited

The Little Sisters of the Poor

RBS International

Work highlights

  • Represented the Little Sisters of the Poor on the disposal of a care home with a value of approximately £10m.
  • Advised RBS International on the funding of the acquisition of a portfolio of prime commercial properties in Jersey by a fund.
Next Generation Partners

Jeff O'Boyle - Bedell Cristin

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Corporate and commercial
Corporate and commercial - ranked: tier 2

Bedell Cristin

Bedell Cristin handles a range of cross-border deals, covering real estate, natural resources and media transactions, as well as challenging on-island deals. The 'strong, commercially minded yet technical' Tim Pearce heads the practice, while the 'highly impressive' Guy Westmacott is a new partner promotion: he worked with Martin Paul  on the Jersey elements of some of the UK's agenda-setting M&A deals.

Practice head(s):Tim Pearce

Other key lawyers:Guy Westmacott; Martin Paul

Testimonials

'Bedell Cristin provides absolutely top-class Jersey law advice - they are always very efficient, pragmatic and responsive.'

'In terms of work quality, the firm is very good at complex corporate work and finding practical solutions to problems. They really add value on deals. In terms of working with the team: they are very friendly, responsive and overall easy to work with.'

'Tim Pearce is a very strong, commercially minded yet technical transactional lawyer.'

'Guy Westmacott is highly impressive: all over the legal and commercial issues, and a strong and persuasive negotiator.'

Key Clients

Comcast Corporation

CPA Global

Cromwell Europe

Gap Group Limited

Harrison Street Real Estate Capital LLC

Highland Gold Mining Limited

JT (Jersey) Limited

Legal & General Pensions Limited

Pandora Jewellery UK Limited

Vitruvian Partners LLP

Work highlights

  • Advised Gap Group on its trade purchase of fellow plant hire company 4 Group, which had its origins in Jersey.
  • Advised M&J Evans on an investment in the company by Bregal Freshstream.
  • Advised Comcast Corporations on the Jersey regulatory aspects of its purchase of Sky plc, including approval by the Jersey Competition and Regulatory Authority.
  • Advised JT Group (formerly known as Jersey Telecom) on the sale of its telephone directory business.
  • Advised Pandora Jewellery UK Limited on purchasing the stores operating under its brand in Jersey.
Next Generation Partners

Guy Westmacott - Bedell Cristin

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Dispute resolution
Dispute resolution - ranked: tier 1

Bedell Cristin

Contentious trust and probate litigation remain the core area of expertise for the Bedell Cristin team, with the likes of Robert Gardner, Edward Drummond, Mark Taylor and Sonia Shah acting in some of Jersey’s most significant cases in this field. The breadth of the practice also encompasses multi-jurisdictional commercial disputes and contentious insolvency matters for a client list consisting of international financial institutions, high-profile individuals, trust companies and trust beneficiaries.

Practice head(s):Robert Gardener

Other key lawyers:Edward Drummond; Mark Taylor; Sonia Minns; Sonia Shah

Testimonials

'A quality, heavy-hitting litigation outfit'

'A group of outstanding advocates'

'Well respected by the bench and peers'

'Clever, fast-thinking lawyers'

'Mark Taylor has the ear of the court and a deft touch. An awesome advocate'

'Edward Drummond is very clever, very thorough, very sensible and very effective in court'

'Edward Drummond has a very sharp legal mind and an intuitive understanding of litigation strategy'

'Robert Gardner has a good feel for what the judge will think and is great on strategy'

'Sonia Shah is unflappable, thorough and completely on top of every detail of her cases'

'Sonia Minns has a direct and down to earth approach'

Key Clients

Cristiana Crociani

Nedgroup

Patrick Cheung

Linda Mackie

CPA

Garfield Bennett TC

Bortha Woudsma

Ernst & Young

Affinity

Ocorian

Work highlights

  • Acting for Cristiana Crociani before the Royal Court and Court of Appeal in $200m breach of trust proceedings.
  • Acting for Nedgroup, the trustee in the long-running Westley Trust dispute.
  • Acting for Patrick and Anthony Cheung as two executors in a contentious estate dispute worth in excess of $1bn.
  • Acting for Garfield Bennett in an ongoing family dispute concerning the division of £8m of trust assets.
  • Acting for Bortha Woudsma in obtaining injunctive relief in support of her ongoing matrimonial dispute in the Netherlands.
Leading individuals

Robert Gardner - Bedell Cristin

Rising stars

Sonia Shah - Bedell Cristin

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Employment
Employment - ranked: tier 2

Bedell Cristin

Bedell Cristin advises a number of locally-based businesses on their obligations under the evolving Jersey employment law, advising on policy restructuring exercises where necessary. The team also offers advice on employee transfer exercises and redundancy programmes arising from commercial transactions. Recent contentious mandates involved breach of confidence applications, misconduct claims, negotiating compromise agreements and discrimination claims.

Practice head(s):David Cadin; Edward Drummond

Testimonials

'Always responsive and available, with a commercial and pragmatic approach'

'A trusted advisor'

'Knowledgeable and commercial in the advice given'

Key Clients

Little Sisters of the Poor

JT

Ocorian

Saltgate Limited

Work highlights

  • Provided employment advice to Little Sisters of the Poor relating to the sale of a 133-year old residential care home business in Jersey.
  • Retained to provide dedicated support to JT on the full range of employment law issues, including discrimination, data protection, and immigration.
  • Provided a thorough examination of Saltgate Limited’s policies, procedures and employee handbook.

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Investment funds
Investment funds - ranked: tier 3

Bedell Cristin

At Bedell Cristin, Martin Paul handles a range of work, frequently concerning unit trusts and open-ended funds. Real estate assets are an area of focus. Other mandates include limited partner representations, often for sovereign wealth funds. Richard Le Liard is a key senior associate.

Practice head(s):Martin Paul

Other key lawyers:Richard Le Liard

Testimonials

'Richard Le Liard, is very smart, very practical and very commercial. He has a firm grasp of Jersey law, and intuitively recognises where differences between Jersey law and English law will throw up transaction hurdles.'

Key Clients

90 North Real Estate Partners LLP

Aviva Investors

Buckthorn Partners

Evans Randall

Fabrix Capital

Lions Capital

Secure Income REIT Plc

State Street

UPP Group Plc

Zedra

Work highlights

  • Advised Zedra on the formation of the Zedra Fiduciary Investment Fund, aimed at Zedra clients with smaller funds.
  • Advised State Street on forming open-ended global securities funds structured as JFSC-regulated unit trusts.
  • Advised Buckthorn Partners on creating a £44m private fund to be used as a carry vehicle.
Leading individuals

Martin Paul - Bedell Cristin

Rising stars

Richard Le Liard - Bedell Cristin

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Private client, trusts and tax
Private client, trusts and tax - ranked: tier 2

Bedell Cristin

Bedell Cristin is routinely praised by its client list of commercial and private trustees, HNWIs, family offices and corporate services providers for its breadth and depth of knowledge in all aspects for wealth structuring. The team, which includes the well-regarded Edward Bennett and Zillah Howard, regularly handles the establishment, administration and restructuring of high-value trust and foundation structures, employee benefit and pension trusts, family offices and not-for-profits. Chinese speaker Nancy Chien offers a considerable level of expertise in wealth relocation advice to the firm's rapidly growing Middle Eastern client base.

Practice head(s):Edward Bennett

Other key lawyers:Zilla Howard; Nancy Chien; Henry Wickham

Testimonials

'The team's key strengths are its ability to consistently deliver advice in a friendly and pragmatic manner backed up by a depth of knowledge and technical expertise'

'Bedell Cristin continues to be one of the leading private wealth firms in Jersey'

'The team is hugely experienced, very commercial and very practical'

'The firm’s contentious and non-contentious teams work very well together which is really helpful for wealth-structuring work'

'Zillah Howard is a very experienced lawyer who is at the top of her profession for complex and high-value wealth structuring'

'Zillah Howard has an excellent breadth of knowledge and is very bright, dedicated and hardworking'

'Nancy Chien has a good reputation with the local and international market and is a very safe pair of hands'

'Edward Bennett delivers advice in a careful and well thought-out manner'

'Nancy Chien and Henry Wickham are versatile, capable and pragmatic in their advice'

'Edward Bennett and Henry Wickham are excellent'

Leading individuals

Edward Bennett - Bedell Cristin

Nancy Chien - Bedell Cristin

Zillah Howard - Bedell Cristin

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Jersey: Dispute resolution

Regulatory and White-collar
Regulatory and White-collar - ranked: tier 2

Bedell Cristin

Bedell Cristin operates closely with its offices in Guernsey, the Cayman Islands and beyond to advise multi-jurisdictional financial institutions  on regulatory compliance obligations, including anti-corruption and anti-money laundering regimes. Recent work includes handling litigation concerning freezing orders, health and safety prosecutions and proceeds of crime orders.

Practice head(s):Edward Drummond; Martin Paul

Testimonials

'An excellent team with a broad range of knowledge'

'Approachable partners who are able to explain, in everyday language, complex legal and regulatory matters'

'Edward Drummond not just gets on with it but always seems to get it'

Key Clients

Credit Suisse AG (Singapore)

Boubyan Petrochemical

STEP Jersey

Harbour Litigation Funding

Work highlights

  • Acted for Credit Suisse (Singapore) in securing the release of property subject to criminal freezing orders in Jersey.
  • Acting for Boubyan Petrochemical Company against a number of parties (including the former general partner and asset manager) concerning claims arising from certain UK property purchases.
  • Acting for Harbour Litigation Funding in litigation against Dr. Gail Cochrane and her company Orb, and the related seizure over the assets of convicted fraudster Gerald Smith.

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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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    The Cayman Islands Government has passed a number of amendment laws to strengthen Cayman's anti-money laundering and counter-financing of terrorism regime. The laws, published on 8 August 2019, are intended to help address certain recommended actions in Cayman's legislative framework identified by the Caribbean Financial Action Task Force in its evaluation report published in March 2019.
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    As of 1 March 2019, the Luxembourg law of 13 January 2019 (the Law ) creating a register of beneficial owners ( Registre des bénéficiaires effectifs or " RBE ") is in force.
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