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Carey Olsen

47 ESPLANADE, ST HELIER, JE1 0BD, JERSEY
Tel:
Work 01534 888900
Fax:
Fax 01534 887744
Email:
Web:
www.careyolsen.com
Carey Olsen, Richard Holden, St Helier, JERSEY

Lawyer rankings

Richard Holden

Tel:
Work +44 (0)1534 822286
Email:
Carey Olsen

Work Department

Dispute Resolution and Litigation; Trusts and Private Wealth; Restructuring and Insolvency

Position

Drawing on his extensive international experience, Richard advises on a broad range of litigation matters, including complex trust, contractual and commercial disputes, shareholder, investor and funds actions, cross-border and international litigation, injunctions and other applications.

In addition, Richard also acts in matters regarding property and development, energy and resources and insurance, including D&O and professional indemnity.

Career

Richard began his legal career at the London bar and worked for leading law firms in New Zealand and London before relocating to Jersey. He qualified as a barrister in England and Wales, barrister and solicitor in New Zealand and was also admitted in New South Wales before his admission as a Jersey advocate.

Alongside legal practice, Richard has held a number of teaching and professional posts, including: at Jersey's Institute of Law; at Victoria University of Wellington in New Zealand; and on the English Bar Standards Board.

Richard is the author of Offshore Civil Procedure, providing detailed commentary on court and litigation procedure in Jersey, Guernsey and the Isle of Man, published by Sweet & Maxwell as a companion volume to its existing White Book.

Member

An honorary member of the Chancery Bar Association.


Jersey

Dispute resolution

Within: Dispute resolution

Carey Olsen is ‘at the forefront of dispute resolution in Jersey’ thanks to its ‘enormously experienced and talented’ team. Known for his ‘great legal brain and silky advocacy’, John Kelleher spearheads the six-partner offering, which recently welcomed counsel Michael Goulbourn from First Names. The ‘authoritative, precise and clearWilliam Grace advised the United States government on Jersey law issues pertaining to the enforcement of a financial order in criminal proceedings; Jeremy Garrood is currently representing Investec as the senior secured creditor in enforcement and insolvency proceedings against the Jersey interest of a high-net-worth individual; and Marcus Pallot, who ‘has extremely good tactical awareness’, continues to act for Faircliff Property in the recovery of fraud losses. Other notable contacts include ‘excellent advocateRichard Holden, the ‘user-friendlyAndreas Kistler and Stephen Fitzgerald, who can ‘get to grips with an issue in a frighteningly short amount of time’.

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