The Legal 500

Cains

FORT ANNE, DOUGLAS, IM1 5PD, ISLE OF MAN
Tel:
Work 01624 638300
Fax:
Fax 01624 638333
Web:
www.cains.com
Email:
Singapore, London, Douglas

What we say about the firm's legal practice in Isle of Man

Banking and finance

Within Banking and finance, Cains is a first tier firm,

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.

Commercial

Within Commercial, Cains is a first tier firm,

Cains advised Brookvalley in the offering of ordinary shares of O’Key Group in the form of global depositary receipts admitted to the Official List of the London Stock Exchange. Managing director Andrew Corlett and Richard Vanderplank are key contacts.

Commercial property

Within Commercial property, Cains is a first tier firm,

Cains offers ‘excellent linkage between the law and practical, problem-solving advice’. The team acted in connection with the financing of several high-value commercial property acquisitions, including a loan facility and murabaha made available to Isle of Man subsidiaries. Jeremy Walton is a key contact.

Dispute resolution

Within Dispute resolution, Cains is a first tier firm,

For some, Cains has ‘the best team in town’. It advised PwC in the successful defence of Mike Simpson and Peter Spratt as joint liquidators of Kaupthing Singer & Friedlander (Isle of Man) in a resulting trust claim brought as a test case in the Manx High Court. Seth Caine provides ‘excellent support during the litigation process’, and Peter Clucas is noted for his ‘extremely sensible advice’.

Employment

Within Employment, Cains is a third tier firm,

Recent work for Cains includes acting on various employment matters relating to the implementation of a unified pension scheme to consolidate 15 existing superannuation schemes.

Insurance and pensions

Within Insurance and pensions, Cains is a first tier firm,

CainsBen Hughes is praised for ‘his knowledge of Isle of Man pensions legislation’. Jonathan Latham is an insurance expert.

Investment funds and capital markets

Within Investment funds and capital markets, Cains is a first tier firm,

Cains advised Brookvalley in the offering of ordinary shares of O’Key Group in the form of global depositary receipts admitted to the Official List in London. The practice also represented investors in a distressed property fund. Richard Vanderplank and Tristan Head are key practitioners.

Overview

Within Regional review,

Aside from Appleby, local firm Cains remains the choice practice for many clients, as reflected by its top-tier rankings across several disciplines, after which Simcocks Advocates is the closest contender. Dougherty Quinn has gained ground in banking and finance and commercial matters, while M&P Legal is noted for its employment practice and is also well respected for commercial work.

Private client and trusts

Within Private client and trusts, Cains is a second tier firm,

Cains defended Mike Simpson and Peter Spratt as joint liquidators of Kaupthing Singer & Friedlander (Isle of Man) in a complex resulting trust claim. Jeremy Walton is recommended for private client work.


Legal Developments in the UK

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

    In Nzinga Maswaku v Westminster City Council [2012] EWCA Civ 669 the Court of Appeal clarified that in offering a homeless person with alternative temporary accommodation the local authority is obliged to point that if the offer is refused it has discharged its Part VII duties under the Housing Act 1996.
    - 11KBW
  • COUNCIL TAX

    In Harrow LBC v Ayiku [2012] EWHC 1200 (Admin) Sales J held that the word “or” in the Council Tax (Exempt Dwellings) Order 1992, art 3 Class N, had a disjunctive meaning, therefore it was sufficient for the non-British spouse of a foreign student to satisfy one or other of the two conditions, namely being prevented from taking paid employment or being prevented from claiming benefits, in order to qualify as a “relevant person” who was exempted from liability to pay council tax.
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  • QUEEN’S SPEECH

    Bills already introduced pursuant to the Queen’s Speech on 9 May 2012 include Local Government Finance Bill and Electoral Registration and Administration Bill, both accompanied by Explanatory Notes, which in each case address ECHR compatibility.
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  • Standards

    In R (Calver) v Adjudication Panel for Wales [2012] EWHC 1172 (Admin) Mr Calver was a member of Manorbier Community Council who successfully challenged the decision of the Panel to dismiss his appeal against a decision by Prembrokeshire County Council Standards Committee censuring him for a number of comments or blogs posted by him on a website he owned and controlled.
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    In R (Greenwich Community Law Centre) v Greenwich LBC [2012] EWCA Civ 496 the Court of Appeal held that the Council had had “due regard to the PSED when making changes to its funding of community legal advice services”. At para 30 Elias LJ said:
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  • Public Sector Equality Duty

    Surrey County Council conducted a review of its Library Service. This culminated in a Report to the Council’s Cabinet. The Recommendations in the Report included that there should be consultation about a community-partnership approach at selected Libraries.
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  • Judicial Review

    The Judgment of Lindblom J in The Manydown Co Ltd v Basingstoke and Deane BC [2012] EWHC 977 (Admin) repays attention. The Claimant sought to challenge by judicial review 2 decisions of the Council: (1) the Council’s refusal to reconsider its position on the development of a site that it owns (and is the subject matter of a Joint Development Partnership Agreement with the Claimant); and (2) a decision of the Council’s Cabinet approving a selection of sites for development which did not include this site.
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  • The Health and Social Care Act 2012: impact on adult social services

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  • Immigration update May 2012

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