Mr Kerry Anderson > O'Neal Webster > Tortola, British Virgin Islands > Lawyer Profile

O'Neal Webster
COMMERCE HOUSE, 181 MAIN STREET
P.O. BOX 961, ROAD TOWN
TORTOLA VG1110
British Virgin Islands

Work Department

Investment Funds & Regulatory

Position

Lead Partner

Career

Kerry Anderson is head of the firm’s Funds, Investment, and Regulatory practice. In the BVI, he advises international clients on complex, multi-jurisdictional corporate and commercial matters. Deeply experienced in the initial structuring of investment vehicles or amendments to investment vehicles, Kerry often provides continuing legal advice and support throughout their operation. His clients include US- and EU-based fund managers, for closed-ended, open-ended, public, crypto, and segregated portfolio company funds.

Kerry also advises on joint venture deals and acquisitions for select international private and public corporations in various industries, including logistics, food, and technology.

He is a member of the firm’s digital assets practice, helping clients navigate the growing and dynamic world of setting up and issuing tokens, including ICOs, and assisting various investment managers with the launch of various crypto-focused funds. He provides valuable and actionable advice on the BVI’s legislative and regulatory landscape, including the recent virtual assets service providers legislation. Kerry also works closely with our dispute resolution team on contentious fintech matters.

After graduation from the University of the West Indies and the Hugh Wooding Law School in Trinidad and Tobago, Kerry was admitted to the Bar of Trinidad and Tobago in 1999 and to the Bar of the Eastern Caribbean Supreme Court (BVI) in 2001.

He is the firm’s recent-past managing partner, serving as MP for four years.

Representative work includes:

  • Preparing Fast Notes amendment agreements to conform to covenants and other provisions of certain outstanding senior unsecured notes, roughly $3.25BB in aggregate principal amount, in the NXP Semiconductors N.V. (NASDAQ:NXPI) acquisition of Freescale Semiconductor, Ltd. (NYSE:FSL).
  • Acting for Uti Worldwide, a non-asset based third-party logistics service provider located in Long Beach, California, on restructuring issues ahead of its acquisition by DSV, a Denmark-based, global 3PL for $1.35 billion.
  • Advising on the structure of investment vehicles for the purpose of supporting the construction and development of the Convento Obra Pia Viceroy Cartagena, a luxury hotel development at a UNESCO World Heritage Site in Colombia, S.A. The work involved developing the complex private placement documentation and related agreements, which accounted for differentiated rounds of financing and type and nationality of the investor, taking into account their tax domicile and local restrictions.
  • Advising on agreements, including a shareholders’ agreement, a side agreement, subscription agreement, and other documents in the issue of shares and additional investment in a technology joint venture based in California.

Languages

English

Memberships

  • Admitted to the Bar of the Eastern Caribbean Supreme Court (BVI) (2001)
  • Admitted to the Bar of Trinidad and Tobago (1999)

Education

  • Hugh Wooding Law School in Trinidad and Tobago (1999)
  • University of the West Indies (1997)

Lawyer Rankings

British Virgin Islands > Corporate and commercial

With a successful track record in transactions and financings involving BVI corporates, banks and funds, the corporate team at O’Neal Webster is regularly instructed on cross-border matters, including those involving Asia and Latin America. Leading the group is Christopher Simpson, who is a key point of contact for global law firms seeking due diligence on BVI companies and assistance with opinions and security documents for high-value M&A and financing transactions. Other names instrumental to the team’s success are the office’s managing partner Vanessa King, who is frequently engaged in establishing or amending BVI trusts and various forms of corporate finance work, and Kerry Anderson, who has expertise in the digital asset space.