Cains > Douglas, Isle Of Man > Firm Profile

Cains
FORT ANNE
DOUGLAS
IM1 5PD
Isle Of Man

Isle of Man > Banking, finance and capital markets Tier 1

The banking, finance and capital markets team at Cains regularly advises on some of the most significant high profile transactions in the market on behalf of a range of leading lenders, borrowers and financial institutions. Additionally, the team provides regulatory advice across a range of banking and finance matters, including those surrounding real estate, securitisations and bond issues. Team leader Tim Shepherd handles banking, finance and capital markets work on a domestic and international level, while Tristan Head regularly advises on complex multi-jurisdictional transactions. Steven Quayle  specialises in asset finance and Scott Leonard-Morgan handles significant corporate finance transactions. Stephanie Chew is another key name, regularly advising on acquisition, real estate and development finance. Catherine Hamill advises on a range of regulatory matters affecting the financial services industry.

Practice head(s):

Tim Shepherd

Other key lawyers:

Tristan Head; Scott Leonard-Morgan; Steven Quayle; Stephanie Chew; Matthew Wilkinson; Holly McGarrigle; Catherine Hamill

Testimonials

‘We worked with Catherine Hammill on a number of financings and she was excellent.’

‘Holly McGarrigle was very professional. We worked a large transaction together and we found her to be available after hours when the transaction required. She is very knowledgeable in her area.’

‘The team is proactive and very responsive. Gets the deal done within the timescales’

‘Cains have an enviable reputation in the Isle of Man, built on solid expertise and excellent service levels.’

‘Tristan Head is excellent to work with, always delivering on time with comprehensive but succinct advice.’

‘The Cains team dealt with the Isle of Man aspects of a financing for one of our lender clients. They were very efficient and proactive and ensured that this aspect of the transaction was dealt with in a very streamlined manner.’

‘Tristan Head and Matthew Wilkinson acted on the financing. Both were excellent and a pleasure to work with.’

Key clients

HSBC Bank Plc

Lloyds Banks Plc

Standard Bank

Barclays Bank PLC

Nedbank

Natwest

Citibank, N.A.

The Royal Bank of Scotland International Limited

Isle of Man > Commercial property Tier 1

The property team at Cains works on a range of substantial transactional and advisory matters across the full spectrum of the commercial property sector. Particular areas of expertise include property acquisition, property leasing, development projects, property management and planning and environment matters. With a ‘keen eye for detail’, Alex Poole-Wilson is experienced on the development, acquisition, financing and management of commercial property. Tim Shepherd is adept at handling both onshore and offshore real estate finance transactions across multiple jurisdictions for both borrowers and lenders. Stephanie Chew advises on corporate acquisitions and complex restructurings, while Holly McGarrigle handles cross-border real estate finance dor developers, investors and financial institutions.

Practice head(s):

Alex Poole-Wilson; Tim Shepherd

Other key lawyers:

Stephanie Chew; Holly McGarrigle

Testimonials

‘Direct access to key people. Good network of expert advisors to assist where needed.’

‘Alex Poole-Wilson has a keen eye for detail and a commercial mindset, very responsive to requests and deadlines.’

‘Cains are very responsive and have a wealth of expertise and knowledge across their team’

‘Holly McGarrigle and Stephanie Chew are very approachable and knowledgeable with excellent attention to detail’

‘Quick to respond, high quality work and efficient’

‘Excellent property knowledge and sound drafting based on extensive experience.’

‘Alex Poole-Wilson – extremely experienced in commercial property and drafting commercial leases.’

Key clients

Coomer Property Limited

Four Seasons Healthcare Group

Grant Thornton Limited

Heron and Brearley Limited

Linnia Investments Limited

LV Care Group

Mannin Retail Limited

Manx Telecom Trading Limited

National Farmers Union Mutual Insurance Society

Newhaven Properties Limited

St Mary’s Court Limited

Twickenham Investments Limited

Work highlights

  • Acted for LV Care Group and investor Roundsheld on the disposal of its Isle of Man care home property business.
  • Acted for Coomer Property Limited on its acquisition of industrial premises at Spring Valley, Braddan and subsequent development and letting for gym and leisure use.

Isle of Man > Corporate and commercial Tier 1

Cains is regularly instructed on the highest value and most complex corporate and commercial transactions on the Isle of Man on behalf of a number of major domestic and international corporates. Particular areas of expertise for the firm include cross border M&A, international real estate acquisitions and complex regulatory and advisory matters. Scott Leonard-Morgan regularly acts on complex corporate transactions, as well as providing general commercial and corporate advice. Tristan Head handles a range of corporate finance transactions, including initial public offerings, right issues and bond issues.  Stephanie Chew handles acquisitions and restructurings for UK and Irish clients, while Kirsten Porter has a strong focus on the gaming and financial services sectors. Matthew Wilkinson is frequently involved in the most notable cross border matters on the Isle of Man.

Practice head(s):

Tristan Head; Scott Leonard-Morgan

Other key lawyers:

Testimonials

‘Cains has been very diligent and excellent in delivering legal services. We couldn’t recommend it enough.’

‘Tristan Head is excellent to work with, always delivering on time with comprehensive but succinct advice.’

‘Cains are straight forward, easy to work with practice, they collaborate and bring their best resources in to support their clients needs. They deliver to agreed timescales and many times exceed them, their rates are fair and people are commercial in approach.

‘Scott Leonard-Morgan is diligent, commercial and puts the customers needs at the heart of the legal services that he provides.’

‘As good as any top 10 London firm: reliable, speedy turnaround.’

‘Kirsten Porter has a great sense of balance between running with matters and seeking input.’

‘Kirsten Porter is always willing to go the extra mile and liaise with deal parties so as to facilitate the process. She is available for clarifications/explanations and replies to all queries thoroughly and with no delay, something which is not always the case for all lawyers at other firms. Kirsten really cares for her clients and will always ensure that every small detail is checked before sending comments etc. A real gem for Cains Advocates Limited.’

‘Kirsten Porter is very easy to work with, responsive and takes a commercial / pragmatic approach.’

Key clients

Allied Irish Banks PLC

AngloGold Ashanti Holdings plc

Banco Santander, S.A.

BNP Paribas

Credit Suisse AG

Flutter Entertainment PLC

Heron and Brearley

Manx Telecom

Cinven

Nomura International plc

Tullow Oil PLC

Work highlights

  • Advising Cinven on its acquisition of a majority interest in International Financial Group Limited (‘IFGL’) from Vitruvian Partners.

Isle of Man > Dispute resolution Tier 1

The litigation team at Cains has a strong track record of managing complex, high value litigation disputes. In particular, the team specialises in insolvency disputes, asset tracing, fraud and trust litigation cases on behalf of a range of significant domestic and international banks, lenders and corporates. Peter Clucas is an expert in insolvency matters and regulatory enforcement, while Robert Colquitt handles all aspects of commercial and chancery litigation domestically and internationally. Seth Caine is a leading name in insolvency cases and Lindsey Bermingham is particularly experienced in regulatory and anti-money laundering issues. Tara Cubbon-Wood handles high profile contract disputes and claims against directors. Charles Williams handles litigious commercial matters for onshore and offshore clients. Robert Long joined the team from Humphrey & Helfrich in 2022.

Practice head(s):

Peter Clucas; Robert Colquitt

Other key lawyers:

Lindsey Bermingham; Robert Long; Seth Caine; Tara Cubbon-Wood; Charles Williams; Emily Johnson

Testimonials

‘Cains has strength in depth across a large number of disciplines. They are first class and leaders in their field in the IOM.’

‘Lindsey Bermingham is the complete and finished article. She is frighteningly bright, a brilliant tactician, and has a wonderful manner with clients. She has an unrivalled knowledge of the development and implementation of the AML legislation, policy and framework.’

‘A practice with a wealth of experience who are a safe set of hands.’

‘Lindsey Bermingham is a superb lawyer with excellent attention to detail. Lindsey is a real team player and puts clients at ease. Lindsey is hard working and a pleasure to work with.’

‘The Cains team offer extensive expert knowledge and experience, they are responsive and professional at all times’

‘Lindsey Bermingham is extremely knowledge on relevant legislation, she is personable and provides experienced and expert advice in her field.’

‘Cains are a long established firm that we use periodically through the year and we find them to be well equipped to answer business related questions in quick fashion. The quality of advice is strong, plain text explanations underpinned by detailed analysis – a very practical oriented firm that makes dealing with them easy.’

‘Lindsey Bermingham has been particularly helpful around AML matters, both sanctions regimes and also case specific advice.’

Key clients

Friends Provident International Limited

A former MLRO

Titley

Monument International Life Assurance

Dula

Work highlights

  • Representing Friends Provident International Limited in defending a multi-claimant claim before Isle of Man High Court.
  • Advising two defendants in connection with hugely complex, longstanding litigation issues, spanning 10 years +, involving multiple jurisdictions.
  • Successfully representing an asset holding Manx company before the Appeal Court in defending contractual dispute involving interpretation and rectification of loan agreement.

Isle of Man > Gambling Tier 1

Cains‘ gambling and e-gaming team acts on the largest and most complex gambling transaction in the market, including on multi-jurisdictional restructuring and secured lending matters. The team also advises extensively on regulatory matters for the largest gambling companies on the island. Scott Leonard-Morgan handles complex corporate, financing, restructuring and commercial transactions within the gambling sector with particular expertise in the technology, gaming and payment services sectors. Tristan Head regularly advises on regulatory matters related to financial services, while Matthew Wilkinson provides cross-border regulatory compliance advice in addition to a wide range of corporate and commercial work. Kirsten Porter is another key name, handling a number of significant deals involving M&A and restructurings in the gambling sector.

Practice head(s):

Scott Leonard-Morgan

Testimonials

‘They take an extremely collaborative approach to work and feel like an extension of our deal / regulatory teams, they are also one of a very small number of firms that truly understands the local gambling industry.’

‘Scott Leonard-Morgan is always very responsive and always so easy to deal with. He is sensible on fees, delivering good value and trying to ensure the client always gets an end result they are happy with. Scott understands the way our clients work, which is invaluable.’

Key clients

The Stars Group

Flutter Entertainment PLC

Gamesys Group PLC

Galaxy Gaming Inc

Paddy Power

Work highlights

  • Advising on amendments to a term loan facility made to Galaxy Gaming Inc involving Galaxy’s wholly owned Isle of Man subsidiary Progressive Games Partners LLC. Galaxy Gaming.

Isle of Man > Insurance and pensions Tier 1

The insurance and reinsurance team at Cains provides the full spectrum of regulatory and transactional assistance to some of the biggest names in the industry. members of the team are equipped to handle the biggest transactions in the sector, both on a domestic and multijurisdictional level. Tristan Head regularly supports clients with regulatory matters in addition to handling international transactions involving Isle of Man businesses. Jonathan Latham handles a wide range of insurance matters, including complex multijurisdictional reorganisations of groups of insurance companies. Lindsey Bermingham has significant litigation experience, while Scott Leonard-Morgan has a strong reputation for insurance transactional work.

Practice head(s):

Tristan Head; Jonathan Latham; Lindsey Bermingham

Other key lawyers:

Scott Leonard-Morgan

Testimonials

‘Their people are knowledgeable about their areas of practice.’

‘Jonathan Latham is attentive, responsive and knowledgeable.’

‘Cains are strong in insurance regulatory work. I am comfortable going to them for all such questions and have been satisfied with what they have done.’

‘Jonathan Latham is efficient, responsive and is a good representative of the firm. His advice is clear and needs little comment or input.’

‘They are very responsive and helpful. they have a good network to provide further contacts’

‘Jonathan Latham advised us on Insurance wrappers. He has an excellent knowledge of the topic and pointed a few things out to us that were very helpful.’

‘Availability of staff, professionalism & response time, subject matter expertise.’

‘Jonathan Latham and Tristan Head are a pleasure to work with and are the “go to” people in the Isle of Man for Insurance and Commercial matters.’

Isle of Man > Shipping and aviation Tier 1

Cains‘ shipping and aviation team has significant experience handling some of the most high value and complex transactions in the sector on both a domestic and international level. The team advises on a range of issues within these sectors, including aircraft and vessel finance, as well as chartering, restructuring, security enforcement and litigation. Mike Edwards is an expert in complex shipping and aviation transactions with in-house experience of the shipping industry. Steven Quayle handles domestic and cross-border asset finance with a particular focus on business and commercial aviation, ship and super yacht finance.

Practice head(s):

Mike Edwards; Steven Quayle

Other key lawyers:

Faye Devlin; Matthew Wilkinson

Testimonials

‘Steven Quayle and Matthew Wilkinson are very helpful – nothing is too much trouble. They relate well with 3rd parties.’

‘Go-to IOM aviation lawyers’

‘Only IoM law firm with genuine experience in aspects of ship and super yacht financing. Mike Edwards is the go to lawyer. Considerable expertise on all aspects of relevant IoM law’

‘Mike Edwards- responsive, pragmatic, sensible of legal fees.’

Key clients

Credit Suisse AG

Jet Aviation

Danish Ship Finance

JP Morgan

NCL Corporation (Norwegian Cruise Line)

Hamburg Commercial Bank

BNP Paribas

Bank of America

Standard Chartered Bank

Investec Asset Finance

Nordea Bank AB

DNB Bank ASA

HSBC Bank PLC

Citibank

Telesat Canada

UniCredit AG

Lombard North Central PLC

Work highlights

  • Acting for Norwegian Cruise Line on amendments to a USD 1.4 billion credit facility agreement between, among others, NCL Corporation Ltd. and JPMorgan Chase Bank, N.A., including the confirmation of guarantees and security by various Isle of Man incorporated NCL subsidiaries that own cruise ships.

Isle of Man > Employment Tier 2

The employment team at Cains provides advice to employers on a range of contentious and non-contentious matters, including those surrounding disciplinary and performance matters, particularly for senior employees. Additionally, the firm regularly advises on the employment and data protection aspects of cross-jurisdictional acquisitions and restructuring. Katherine Sheerin has significant experience in both the Isle of Man and the UK, where she specialises in technically complex matters regarding senior terminations, restructuring and equality issues.  She is supported by recently-promoted senior associate Kirsten Porter, who acts for both employers and employees across a variety of contentious and non-contentious employment matters.

Practice head(s):

Katherine Sheerin

Other key lawyers:

Testimonials

‘They were very helpful in resolving a particular and tricky issue including entering into discussions direct with the other party.’

‘The practice excels in understanding the needs of clients, especially those operating across multiple jurisdictions. We have experienced a commercial approach that is client-focused, and understands the balance between legal compliance and practical appplication.’

‘The team is very professional and most importantly spend time making sure they understand the client’s needs. We really feel we have consultants who are trustworthy, collaborative and provide practical solutions to our business needs.’

‘Katherine Sheerin and her team have been outstanding in providing legal consultancy services to our company. They are approachable, take time to understand the business needs which is very helpful as they provide the right and insightful solutions to our particular problems.’

‘Good availability and responsiveness. Enjoyable to work with. Very experienced practitioners’

‘The individuals in the employment team are experts in their field. They are very knowledgeable about employment law in various jurisdictions and are dual qualified in Isle of Man and UK, which are the areas I require advice in. They truly care about the service they provide their clients. They are direct, diligent and empathetic. Katherine Sheerin is a fantastic partner and a true asset to the team, driving the employment law services – excellent and knowledgeable support provided every time.’

‘Katherine Sheerin is our go to employment lawyer for Isle of Man employment queries.’

Established in 1899 and headquartered in the Isle of Man, Cains is a leading independent offshore law firm at the forefront of maintaining the Isle of Man as a premier international finance centre.

A full-service commercial law firm, the expert team of legal specialists work across various disciplines advising clients from both the Isle of Man and around the globe on banking and finance, corporate and commercial, employment and data protection, litigation, property, regulatory and restructuring and insolvency legal matters.

Proven skills, international industry expertise and in-depth knowledge combine to ensure the team can handle the most demanding, complex and innovative instructions from a broad range of local and international clients including global banks, financial institutions, multi-national enterprises, regulatory bodies, in addition to public and private companies.

Cains has an unbeatable track record of working in partnership with leading global law firms from other jurisdictions to effect international transactions, including market listings and cross-jurisdictional M&A transactions, ensuring a seamless service for all clients.

Principal areas of work
Banking and finance:  Cains’ banking and finance team has a widely acknowledged and long-standing reputation for providing market-leading legal services to international banks, global financial institutions, alternative lenders, aircraft and ship owners and various borrowers. The team regularly advises on complex multi-jurisdictional commercial real estate, acquisition, project and asset finance matters, capital markets including debt issues and securitisations, bilateral and syndicated loans and derivative transactions and sales of performing and non-performing loan portfolios.

Corporate and commercial: Corporate and commercial matters are the foundation of Cains’ legal offering and the specialist team, which is one of the largest in the Isle of Man, is renowned for dealing with the most complex and noteworthy corporate transactions with a particular focus on mergers and acquisitions, corporate restructurings, joint ventures, capital markets and investment funds, for a diverse portfolio of local and international organisations including Fortune 500 companies.

Employment: Cains’ employment specialists provide expert legal advice to clients at every stage of the employment “life cycle” from recruitment, through all aspects of the working relationship, to cessation of employment and post-termination concerns. With close governmental ties the team is regularly instructed to assist clients new to the Isle of Man by providing re-location assistance, including advice on employer registrations and immigration and work permits.

Data protection: Cains’ data protection team represents clients on the full spectrum of contentious and non-contentious data privacy and information rights issues. Familiarity with key Isle of Man sectors and the particular challenges enables our lawyers to provide comprehensive, relevant, and valued insights on topics including GDPR, data governance, record retention, impact assessments and transfers of personal information.

Listing services: Cains Listing Services Limited (CLSL) is a Category 1 and 2 member of The International Stock Exchange (TISE), approved to act as Listing lgent and sponsor in relation to the listing of bonds and equities on the TISE.  Cains’ team offers exceptional levels of corporate listings experience, having advised both domestic and international clients on debt and equity listings across international recognised stock exchanges including the main market of the London Stock Exchange, AIM, NASDAQ, EASDAQ, Frankfurt, NYSE, HKEX, SGX-ST, Dublin, LuxSE, JSE and Warsaw.

Litigation: Cains’ leading litigation department has unrivalled experience representing a broad range of clients across the full spectrum of contentious and non-contentious work and is widely recognised for its expertise in both international and domestic cases, including high-value and complex insolvency, commercial, corporate, asset tracing, fraud and trust litigation cases. The highly skilled team regularly provides financial services and regulatory advice to clients and can assist with white collar prosecution and defence work.

Property: Cains’ property team provides expert and comprehensive legal advice on all aspects of commercial and residential property transactions including property acquisitions and sales, leases, loan structuring deals, commercial real estate restructuring and refinancing arrangements. The team regularly works with UK, Irish and offshore financial institutions, as well as local and international investors, developers, retailers, manufacturers and utility companies.

Regulatory: Cains’ multi-disciplinary regulatory team has experience in advising on the full spectrum of regulatory and compliance matters relevant to businesses operating in or from the Isle of Man, including providing up-to-date guidance and advice on all aspects of financial services regulation including licensing and authorisation, risk management and compliance, anti-money laundering and data protection. The team works alongside government bodies and industry associations to help shape the Isle of Man’s regulatory frameworks and policies.

Restructuring and insolvency: Cains’ restructuring and insolvency team has been extensively involved in both the contentious and non-contentious aspects of the largest and highest profile commercial restructuring and insolvency matters in the Isle of Man.  The team regularly advises on restructurings effected via schemes of arrangement, debt restructurings (including debt for equity swaps), corporate rescues and insolvencies of financial institutions and corporate debtors. Members of the team have particular expertise in working with on-shore law firms and other restructuring and insolvency specialists, to structure and implement recovery and, where necessary enforcement, processes, at times utilising Isle of Man law purpose trusts to hold distressed assets.

Department Name Email Telephone
(Managing Director) / Banking and Finance Tim Shepherd tim.shepherd@cains.com
Litigation Robert Colquitt robert.colquitt@cains.com
Corporate and Commercial and Regulatory Tristan Head tristan.head@cains.com
Corporate and Commercial Scott Leonard-Morgan scott.leonard-morgan@cains.com
Employment Katherine Sheerin katherine.sheerin@cains.com
Shipping and Aviation Steven Quayle steven.quayle@cains.com
Property Alex Poole-Wilson alex.poole-wilson@cains.com
Photo Name Position Profile
Lindsey Bermingham photo Lindsey Bermingham Lindsey is a Director within Cains’ top tier Litigation team and has…
Seth Caine photo Seth Caine Seth Caine is a Senior Consultant within Cains’ litigation department, with particular…
Stephanie Chew photo Stephanie Chew Stephanie is a Managing Associate with more than 10 years’ experience advising…
Peter Clucas photo Peter Clucas Peter is a Senior Consultant with our top tier Litigation team. .  He has been…
Robert Colquitt photo Robert Colquitt Robert is a Director and head of our top tier Litigation team.…
Tara Cubbon-Wood (née Cubbon) photo Tara Cubbon-Wood (née Cubbon) Tara is a Managing Associate within our top tier Litigation team.  With…
Faye Devlin photo Faye Devlin Faye is an Associate within our top tier Corporate & Commercial and Employment practice, having joined…
David Doyle CBE photo David Doyle CBE David is a Consultant within our top tier Litigation team. With a…
Mike Edwards photo Mike Edwards Mike is a Senior Consultant within our top tier Shipping and Aviation…
Paul  Freeman  photo Paul Freeman Paul is a consultant within our top tier Litigation team. With over…
Catherine Hamill photo Catherine Hamill Catherine is a Consultant within Cains’ Corporate, Banking and Commercial departments with…
Tristan Head photo Tristan Head Tristan is a Director and joint head of our top tier Corporate…
Emily Johnson photo Emily Johnson Emily is an Associate within our top tier Litigation practice, having joined…
Jonathan Latham photo Jonathan Latham Jonathan is joint head of Cains’ top tier Insurance team.  He practiced…
Scott Leonard-Morgan photo Scott Leonard-Morgan   Scott is a Director and joint head of Cains’ top tier…
Robert  Long photo Robert Long Robert is a Consultant within our top tier Litigation team. His practice…
Holly McGarrigle photo Holly McGarrigle Holly is an Associate within Cains’ Banking and Finance, Corporate and Commercial and Property teams and has…
Alex Poole-Wilson photo Alex Poole-Wilson Alex is a Managing Associate and head of Cains’ Property team with…
Kirsten Porter (née Middleton) photo Kirsten Porter (née Middleton) Kirsten is a Senior Associate within our Corporate and Commercial practice, having joined in…
Steven Quayle photo Steven Quayle Steven is a Director and head of Cains’ top tier Shipping and…
Jorden  Rafferty-Gough photo Jorden Rafferty-Gough Jorden is an Associate within our top tier Litigation practice, having joined…
Katherine Sheerin photo Katherine Sheerin Katherine is a Consultant within Cains’ Employment and Data Protection team and has over…
Tim Shepherd photo Tim Shepherd Tim is Cains’ Managing Director and the head of our top tier Banking…
Rhys  Westwell  photo Rhys Westwell Rhys is a Trainee Associate within our top tier Litigation practice, having…
Jess  Whitley photo Jess Whitley Jess is an Associate within Cains’ top tier Corporate and Commercial team and Banking…
Matthew Wilkinson photo Matthew Wilkinson Matt is a Senior Associate in our top tier Corporate and Commercial…
Charles Williams photo Charles Williams Charles is a Senior Associate within our top tier Litigation team and…
Number of directors : 6
Number of other fee-earners : 20
English