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Collas Crill

GLATEGNY COURT, PO BOX 140, GLATEGNY ESPLANADE, ST PETER PORT, GY1 4EW, GUERNSEY
Tel:
Work 01481 723191
Fax:
Fax 01481 711880
Email:
Web:
www.collascrill.com
Grand Cayman, Singapore, St Helier, St Peter Port, Tortola

Paul Wilkes

Tel:
Work 01481 734268
Email:
Web:
www.collascrill.com/who-we-are/w/paul-wilkes/
Collas Crill

Work Department

Commercial.

Position

Group Partner, heads up the Collas Crill commercial department and specialises in investment funds and banking. Advises on the establishment of open and closed-ended funds using corporate, unit trust and limited partnership structures and in respect of the regulation of the funds industry in Guernsey.

Acts for lenders and borrowers in local and cross-border banking transactions, advising on regulatory and security issues. Also advises financial services clients in regulatory matters, including GFSC investigations.

Career

Associate to Justice Reginald Barrett in the Supreme Court of New South Wales; graduate position finance and tax (investment funds) teams Mallesons Stephen Jaques (now King & Wood Mallesons), Sydney; Ogier 2006; Collas Crill 2007. Made Group Partner in 2011.

Member

Paul is one of only three lawyers sitting on the executive committee of the Guernsey Investment Funds Association (GIFA).

Education

University of Sydney (1996 Physiotherapy); University of New South Wales (2003 LLB); College of Law, St Leonards (2005 Graduate Diploma in Law).


Guernsey

Banking and finance

Within: Banking and finance

Collas Crill's team handles significant financing transactions for infrastructure projects, real estate matters and developments, and funds under the leadership of Paul Wilkes. Goldman Sachs instructed a team led by Sean Cheong to oversee the refinancing of Eurotunnel Group, which operates the Channel Tunnel, and the group acted as sole Guernsey counsel for a major global financial services company in a series of fund financing transactions involving security law advice. On the borrower side, senior associate Alex Wickens collaborated with Cheong and Wayne Atkinson to assist Condor with its refinancing by RBS, ING and others under a £172m facility. Senior associates Simon Heggs and Tristan Ozannes are also key names to note. Other notable clients include Investec, Deutsche Bank and Ravenscroft.

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Corporate and M&A

Within: Corporate and M&A

The Collas Crill team recently advised the Gantry Group, a joint venture bewteen Black Friar Holdings and a $1.1bn institutional investor, in the context of the financing of a large-scale hospitality development in London, and Equiom instructed the firm to oversee a multi-jurisdictional due diligence process in the context of its acquisition of Virtus Management. Wayne Atkinson acted for Playtech in its £50m purchase of online game designer Eyecon, and senior associate Tristan Ozannes was part of the team which handled the Channel Islands Property Fund's acquisition of two Isle of Man properties to add to its high-profile takeover of Fort Anne in Douglas. Practice head Paul Wilkes led the advice to Goldcrest Properties with regard to complex tax structurings, liquidation steps and two separate refinancing transactions for its existing property portfolio. Sean Cheong and senior associate Simon Heggs are also key names to note. Other key clients include Rothschild, Macquarie and the Liberation Group.

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Investment funds

Within: Leading individuals

Paul Wilkes - Collas Crill

Within: Investment funds

Collas Crill fields a 'thoroughly professional and friendly' team consisting of 'excellent senior members who are always helpful and available'. Along with the establishment of new funds, the group also advises on regulatory issues, risk management and the restructuring of distressed funds.  In recent highlights, Wayne Atkinson assisted Darwin Property Investment with the migration of its open-ended fund unit from one Guernsey trustee and custodian to another, and practice leader Paul Wilkes acted for venture capital group White Star on the launch and financing of its registered closed-ended collective investment fund. Senior associate Gareth Morgan recently re-joined from his secondment in the firm's Cayman office.

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Legal Developments by:
Collas Crill

Legal Developments in Guernsey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • In re B; B v T (Court of Appeal, 11 July 2012)

    A trustee's duty of confidentiality has recently been discussed and to some extent clarified in the recent Guernsey Court of Appeal decision of In re B; B v T (Court of Appeal, 11 July 2012). This summary has been prepared to provide you with a summary of the case as well as the general issues raised, but is not intended to cover all matters or to provide commentary.   This summary does not constitute legal advice.
  • The Company Administration Regime in Guernsey

    Introduction 
  • Guernsey Image Rights Legislation

    The Image Rights (Bailiwick of Guernsey) Ordinance 2012 (the Ordinance) and The Image Rights (Bailiwick of Guernsey) Regulations, 2012
  • Guernsey Foundations

    The Foundations (Guernsey) Law, 2012 (Law) is awaiting Royal assent, expected to be given by the end of the year or early next year. Whilst Guernsey is not the first jurisdiction to provide for foundations, the Law does provide a number of unique options for individuals wishing to take advantage of the benefits provided by foundations. The purpose of this note is to provide both a general summary of the features of a Guernsey foundation, as well as a summary of these unique options that will be available under the Law.
  • Competitive Guernsey

    Guernsey has been considering the introduction of local competition law since at least 2005 and by bringing into effect The Competition (Guernsey) Ordinance, 2012 on 1 August 2012, has introduced an effective Competition Law regime, to regulate the same 3 core areas recognized in most competition regimes, namely the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions.
  • Friendly Rivalry? The Competition Laws of the Channel Islands

    ‚ÄĘ New Competition Law for Guernsey in force on 1 August 2012 ‚ÄĘ Jersey and Guernsey now both regulate the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions ‚ÄĘ Key differences between the islands' competition laws ‚ÄĘ Overall, a pan-Channel Island approach to regulation
  • Channel Islands Stock Exchange (CISX) Rule Change Update

    Ogier Corporate Finance Limited (OCFL) is the market leader in providing listing agent services for the listing of securities on the Channel Islands Stock Exchange (CISX or the Exchange) having sponsored over 445 listings.
  • Channel Island Stock Exchange, LBG - Listing of Securities of Investment Funds

    The Channel Islands Stock Exchange, LBG (the Exchange or CISX) commenced operations on 27 October 1998 and is intended to provide recognised facilities for the listing and trading of securities issued by companies and investment funds.
  • Investment funds in Guernsey

    The investment funds industry in Guernsey has achieved significant growth in recent years. Statistics show that as at 30 June 2011 there was £274.5 billion of assets under management in Guernsey.
  • Guernsey Companies Law - Office of the Registrar of Companies

    This memorandum has been prepared for the assistance of our clients in connection with the provisions relevant to the Office of the Registrar of Companies under the Companies (Guernsey) Law, 2008 (as amended) (the ‚ÄúCompanies Law‚ÄĚ).