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DQ

THE CHAMBERS, 5 MOUNT PLEASANT, DOUGLAS, IM1 2PU, ISLE OF MAN
Tel:
Work 01624 626999
Fax:
Fax 01624 626111
Email:
Web:
www.dq.im

Isle of Man

Banking and finance
Banking and finance - ranked: tier 2

DQ

According to one client, DQprovides a higher level of personal service than other firms’ and others praise its ‘consistently accurate and concise advice’. It has a notable strength in vessel and aircraft financing; Mark Dougherty – ‘an effective relationship partner’ – advised Crédit Agricole Corporate & Investment Bank and Sumitomo Mitsui Trust Bank on establishing a joint venture to invest up to $1bn in senior secured ship mortgages. Stephen Dougherty handles lender-side mandates, including but not limited to aviation financing. In the regulatory space, Mark Dougherty and associate Kirsten Middleton advised Irish Permanent International on the wind-down of its banking operation in the Isle of Man. Senior associate Hazel Dawson is also recommended. Other clients include Standard Bank, Sberbank and Canada Life. Tom Maher has retired.

Next generation lawyers

Hazel Dawson - DQ

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Corporate and commercial
Corporate and commercial - ranked: tier 2

DQ

Responsive, proactive and understanding of clients’ needs’, DQprovides commercially sound and consistently reliable support in various corporate matters’. Practice head Mark Dougherty is ‘responsive and very knowledgeable in company law’; he acted alongside senior associate Hazel Dawson for GVC Holdings on matters including the completion of its £1.2bn purchase of online gambling website bwin.party. He also advised Tynwald Mills on the sale of one of its subsidiaries to SandpaperCI Retail, and the HMC Group on the sale of HMC Properties, as part of the care home group’s wider sale. Stephen Dougherty, with associate director Donna Matthews and associate Adam Killip, advised Partitionware on its £4m sale to Manx Telecom, and advised Rowan Dartington on its sale of Ardan International to RL360°. Tom Maher has retired.

Leading individuals
Next generation lawyers

Donna Matthews - DQ

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Dispute resolution
Dispute resolution - ranked: tier 2

DQ

DQ’s clients ‘take great comfort from its advice and feel well-supported throughout proceedings’. The firm provides ‘good solid commercial advice’ on debt recovery and asset recovery matters, as well as director disqualification, trusts litigation, personal injury and insolvency. Giles Hill is ‘commercially aware, and brings knowledge of the local factors at play’ – he is representing the liquidators in cases regarding the collapse of the Louis Group, and, with associate Tara Cubbon, Lloyds Bank International in a case concerning a £3m debt. New director Leanne McKeown’s work includes professional and medical negligence cases, including handling work on behalf of the Medical Defence Union, as well as claimant actions such as a cancer misdiagnosis case which, for the first time in the Isle of Man, necessitated a deposition hearing to be held in the patient’s home. She also represented Origo Partners in a company dispute. As part of his shipping practice, Stephen Dougherty is acting for Lombard on the repossession of both a superyacht and a private jet from the same borrower, which has launched an appeal to the Privy Council. Other clients include Peacock Management and Turnstone, which Hill and Cubbon defend in a directors’ duties claim brought by Axiom Legal Financing Fund, which is in receivership after funding personal injury cases in England brought on conditional fee agreements.

Leading individuals

Giles Hill - DQ

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Employment
Employment - ranked: tier 1

DQ

DQ is ‘one of the strongest employment teams on the island’ and ‘a first port of call for commercially-important employment disputes’. New director Leanne McKeown is ‘an excellent lawyer who constantly provides excellent service – she has a strong knowledge of employment legislation and the ability to translate this into a practical framework when dealing with complex issues’. McKeown handles highly sensitive cases for both employers and employees concerning unfair dismissal, whistleblowing, discrimination, employment status and executive exits. Clients include well-known companies in the gambling and financial services sectors, owner-managed businesses and individual executives. Working with Jessica McManus, McKeown represented The Children’s Centre in a case involving complex issues regarding Polkey deductions.

Leading individuals

Leanne McKeown - DQ

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Insurance and pensions
Insurance and pensions - ranked: tier 2

DQ

DQ has ‘excellent knowledge of the issues, and proactive and thorough service’. The firm handles a range of mandates, advising pension trustees, businesses and insurance companies on tax, pension scheme formation, qualifying recognised overseas pension scheme (QROPS) regulation and negligence cases. Annemarie Hughes attracts praise for providing ‘security when dealing with the increasingly complex and litigation-heavy areas of pensions management’. She handles complex transactional insurance matters, while non-lawyer Sinead O’Connor advises on complex regulatory matters in the sector. Clients include Baker Tilly and the Manx Insurance Association. Tom Maher has retired.

Leading individuals

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Investment funds and capital markets
Investment funds and capital markets - ranked: tier 2

DQ

At DQ, senior associate Hazel Dawson handles a number of mandates, often relating to AIM listings. Highlights included advising OPG Power Ventures on a contemplated transition away from AIM towards a main market listing, and Andalas Energy & Power on a £2.6m share capital increase and AIM admission. In the investment fund space, Dawson advised Black Sea Property on a domiciliation to the Isle of Man from Jersey and listing on another exchange following the fund’s suspension from AIM.

Next generation lawyers

Hazel Dawson - DQ

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Private client, trusts and tax
Private client, trusts and tax - ranked: tier 2

DQ

DQ is ‘very responsive’, and provides ‘good solutions for a range of matters’. The firm handles a range of matters for trust companies and high-net-worth individuals, primarily on non-contentious estate planning matters as well as court applications. ‘One of the top trust practitioners on the island’, Annemarie Hughes has ‘a good understanding of what trustees need’ – she works with trust companies such as The Fortress Group. Other practitioners of note include associate director Donna Matthews, who handles various non-contentious matters, associate Tara Cubbon, who handles trustees’ court applications for directions, and ex-KPMG non-lawyer Sinead O’Connor, who advises on, among other things, Foreign Account Tax Compliance Act matters.

Leading individuals
Next generation lawyers

Tara Cubbon - DQ

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Shipping, aviation and space
Shipping, aviation and space - ranked: tier 1

DQ

DQ provides ‘friendly and efficient’ service and ‘fast response times’, primarily to ship and aviation financiers. Mark Dougherty advises the syndicate of banks which finances vessels held by Ray Car Carriers, and, with Kirsten Middleton, Crédit Agricole on various issues concerning the registration of various vessels used in the oil and gas sector that the bank financed. Donna Matthews is ‘responsive, and produces good work even on short notice’ – she advised Rickmers Group on the Isle of Man aspects of a $1.4bn refinancing. Other shipping clients include Citibank, which Dougherty advised on registering several oilfield services vessels. In the aviation space, Stephen Dougherty advises lenders and purchasers of airlines and business jets. Other clients include Döhle, Ryanair and satellite communications company SES.

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Isle of Man

Offices in Douglas

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