The Legal 500

Simcocks Advocates

RIDGEWAY HOUSE, RIDGEWAY STREET, DOUGLAS, IM99 1PY, ISLE OF MAN
Tel:
Work 01624 690 300
Fax:
Fax 01624 690 333
Web:
www.simcocks.com
Email:
London, Douglas

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

Banking and finance

Within Banking and finance, Simcocks Advocates is a second tier firm,

Simcocks Advocates’ ‘service levels are incredible’. The practice was recently appointed to Santander’s Isle of Man panel, and worked with property holding group LNC on changes to existing loan facilities. David Spencer is experienced in banking and insurance law, and regulation and compliance. Amy Coole has a ‘helpful and commercial approach’.

Commercial

Within Commercial, Simcocks Advocates is a second tier firm,

Simcocks Advocatesensures a seamless delivery of service to clients’. The team recently assisted with the buyout and shareholder restructuring of a large financial institution. David Spencer is a key contact, and Irini Newby is ‘highly professional’.

Commercial property

Within Commercial property, Simcocks Advocates is a first tier firm,

Providing ‘prompt and courteous service’, Simcocks Advocates boasts one of the most experienced teams on the island. The practice experienced an increase in work relating to short and long term lettings, sub-lettings and assignment, and was involved in a rent negotiation of approximately £500,000 per annum. It also advised in several successful planning appeals over the course of the year. Irini Newby is ‘conscientious when liaising with advocates who act for unresponsive landlords’.

Dispute resolution

Within Dispute resolution, Simcocks Advocates is a second tier firm,

Simcocks Advocates advised on the Isle of Man aspects of proceedings involving the Alfa Group, concerning the ownership of a substantial stake in the Kyrgyz Republic’s mobile telecommunications industry. For one client, Christopher Arrowsmith is ‘the best advocate we have seen from the island’s major firms’. Kevin O’Riordanprovides skilled and mature advice that is solution focused’.

Employment

Within Employment, Simcocks Advocates is a second tier firm,

Simcocks Advocatesprovides a value-for-money service and always meets deadlines’. The practice undertook a number of reviews in 2010 on behalf of clients, gave HR support to island-based businesses, and worked alongside several companies setting up redundancy procedures. Irini Newby attracts high praise from clients.

Insurance and pensions

Within Insurance and pensions, Simcocks Advocates is a first tier firm,

Simcocks Advocates advised on a matter involving an insurance company which is demutualising. David Spencer has ‘excellent industry knowledge’.

Investment funds and capital markets

Within Investment funds and capital markets, Simcocks Advocates is a second tier firm,

Simcocks Advocatespromptly attends to matters and has excellent technical knowledge. They clearly know their stuff’. David Spencer is ‘particularly quick with his responses and this is critical to transactions’. Associate Peter Chemaly has ‘a very clear, analytical mind’. The department recently advised in relation to the suspension of various funds.

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, Simcocks Advocates is a first tier firm,

Simcocks AdvocatesPhil Games has ‘great experience’, and acts on the creation of bespoke offshore and multi-jurisdictional structures such as trusts and companies for use in tax planning.


Legal Developments in the UK

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