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Collas Crill

GASPE HOUSE, 66-72 ESPLANADE, ST HELIER, JE1 4XD, JERSEY
Tel:
Work 01534 601700
Fax:
Fax 01534 601701
Email:
Web:
www.collascrill.com
Grand Cayman, Singapore, St Helier, St Peter Port, Tortola

Dilmun Leach

Tel:
Work +44 (0) 1534 601745
Email:
Collas Crill

Work Department

Commercial

Position

A Group Partner, Dilmun is a funds, corporate and regulatory lawyer based in Jersey.

His funds practice includes acting on the launch of investment funds and their satellite vehicles including co-investment and carry vehicles, advising on the Jersey AIFMD regime, and the establishment and licencing of Jersey managers. Dilmun has experience of working with fund managers investing in a variety of asset classes including debt/CLOs, private equity, real estate, infrastructure, oil & gas and virtual currency. 

Dilmun's corporate practice includes mergers & acquisitions, initial public offerings (IPOs), schemes of arrangement, establishing investment vehicles to acquire a range of assets including infrastructure and real estate, and group restructurings. 

His regulatory practice includes advising on marketing funds and other financial products into Jersey, change of control advice and applications to the Jersey regulator, and the launch of innovative new products including crowdfunding platforms, debt issuance vehicles, and products involving virtual currency and tokens. 

Career

Dilmun is actively involved in the Jersey finance industry, which has included responding to industry consultations for example on LLCs and the Jersey Private Fund regime, is a committee member of the Jersey Funds Association, a member of a working group reviewing the Jersey limited partnership law, and a member of the Jersey Association of Directors. 

Prior to joining Collas Crill in 2017, Dilmun worked for another leading offshore law firm in Jersey and Herbert Smith in London. 


Jersey

Banking and finance

Within: Banking and finance

Clients describe the banking and finance team at Collas Crill as ‘highly responsive, efficient and great to work with’. The ‘commercially aware and pragmatic’ Mike Williams recently joined the firm from Mourant Ozannes, along with Ian Montgomery, and now heads the group, while Dilmun Leach arrived from Ogier; on the junior level, Fiona Wilson transferred to the commercial department after serving as the firm’s senior knowledge management lawyer. Recent work includes acting for a Middle Eastern asset manager on the BVI aspects of a loan transaction designed to enhance the oil and gas infrastructure in a North African nation, and assisted a well-known bank with a loan to fund the development of hospitality projects at a major international airport.

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Corporate and commercial

Within: Corporate and commercial

The ‘responsive and professional’ team at Collas Crill is headed by Mike Williams, who recently joined the firm from Mourant Ozannes , along with the highly recommended Ian Montgomery. Montgomery recently acted for Noah Bidco in its acquisition of shares in Jersey company Metalsteel. In other highlights, a longstanding client which owns a holding structure with companies across a variety of jurisdictions appointed the firm to undertake a complex restructuring exercise to facilitate the redevelopment of hotel sites into exclusive residential apartments, and the team represented a trust company in its capacity as trustee in its acquisition of a Jersey company which owns high-value residential property assets in London. Associate Conor Walsh was part of the team which assisted Three UK with the BVI law aspects of its acquisition of Transvision Investments. Also notable is corporate and regulatory specialist Dilmun Leach, who recently joined the department from Ogier .

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Legal Developments by:
Collas Crill

Legal Developments in Jersey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Modernisation of Jersey’s pensions law

    Modernisation of Jersey’s pensions law
  • Jersey Opens the door to QROP’s

    Jersey opens the door to QROPs
  • Jersey Legislation Overview

    Jersey Legislation Overview
  • Civil Liability for Breaches of the Codes

    Civil Liability for Breaches of the Codes
  • AML Update: Review of 2014 amendments to the substantive offences

    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.
  • Accessing EU Institutional investor capital

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