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Appleby

13-14 ESPLANADE, ST HELIER, JE1 1BD, JERSEY
Tel:
Work 01534 888777
Email:
Web:
www.applebyglobal.com

Andrew Weaver

Tel:
Work 01534 818230
Email:
Appleby

Work Department

Corporate (capital markets, funds and investment services, hedge funds, international real estate, regulatory advice)

Position

Andrew Weaver is a partner within the Corporate department in Jersey. He specialises in real estate, hedge and private equity funds, regulatory advice and corporate work in matters of Jersey and Cayman Islands law. He advises leading fund managers, advisers and financial institutions and service providers in the UK, Europe, the USA, the Middle East and Asia.  

Andrew has substantial experience in public equity offerings, M&A and corporate structuring and an in-depth knowledge of partnerships and unit trusts. He worked for several years in the Appleby Cayman Islands office and before that for six years at a leading firm in the City of London.

Recent work examples include advising: Lead counsel to PraxisIFM Group, the international corporate and fiduciary services business, on it 2017 IPO; Altor Equity Partners AB on the establishment of their first, second and third funds focussed on mid-market buyout deals in Scandinavia;Kennedy Wilson Europe Real Estate PLC on its merger with Kennedy Wilson Holdings Inc. to create a USD 4bn global property group.

Member

Jersey Law Society, Jersey Funds Association. Participates in numerous industry steering groups working with the Jersey Financial Services Commission.

Education

University of Keele.


Jersey

Banking and finance

Within: Banking and finance

The ‘strong and trusted’ outfit at Appleby is composed of ‘highly competent and responsive’ attorneys who are ‘very experienced in fund finance’. An enviable client base including names such as HSBC, Wells Fargo and Santander regularly appoints the group, led by Wendy Benjamin, to advise on refinancing matters, real estate finance transactions and complex restructurings. Senior associate Chris Spencer ‘knows just what clients are after’ and was part of the team acting for Barclays in a debt refinancing with Premier Oil, including the negotiation of Jersey law share securities; associate Kevin McQuillan assisted James Gaudin with his work for Goldman Sachs as the purchaser of notes from an issuer as part of the financing of a corporate transaction. Also notable is private equity and hedge fund specialist Andrew Weaver, who acted for Tritax Big Box REIT on the offshore elements of a new tranche of funding. The team welcomed a number of new associates, including three from UK law firms.

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Corporate and commercial

Within: Corporate and commercial

The ‘strong and trusted’ team at Appleby ‘continues to be responsive and provide the expertise clients require’ under the leadership of Wendy Benjamin, who has ‘an excellent understanding of commercial law and gives clear and concise guidance’. A team led by Fraser Robertson and Andrew Weaver – who ‘is not afraid to stand firm when needed’ – represented Kennedy-Wilson Europe Real Estate in its $3bn merger with Kennedy-Wilson Holdings, and Sime Darby engaged the group to act as Jersey counsel on its listing on the main market of Bursa Malaysia Securities Berhad. Michael Cushing collaborated with Benjamin to advise a trust company on the insolvency issues arising from the reinstatement of a company following its wrongful summary winding-up, and James Gaudin was supported by ‘excellent’ associate Kevin McQuillan to oversee Lone Star’s acquisition of 14 care homes in the UK as Jersey counsel.

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Investment funds

Within: Leading individuals

Andrew Weaver - Appleby

Within: Investment funds

Appleby’s investment funds practice head Andrew Weaver ‘provides a commercial and practical approach to service with focus, efficiency and cost-effectiveness’; ‘combined with his vast experience of the Jersey regulatory environment, the team is a very successful group of attorneys’. Acting for both established clients and new market entrants, the group handles European private equity, fund finance transactions, management reorganisations and the setting up of new real estate and private investment structures. Weaver recently acted for Stirling Square in obtaining regulatory approval for the establishment of a new LLP structure, and oversaw the complex capital return and clawback provisions of a late-stage private equity fund on behalf of a private equity adviser to allow it to continue making distributions with an unresolved contingent liability.  Other key contacts include James Gaudin, senior associate Christopher Spencer and associate Daniel Healy, who joined from a major international firm in 2017.

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Structured finance and securitisation

Within: Structured finance and securitisation

Appleby’s James Gaudin recently led the advice to HSBC on a master margin loan facility on behalf of Givolon, an SPV set up by Glencore, and Andrew Weaver teamed up with Guernsey’s Jeremy Berchem to handle the regulatory aspects of a private exchange offer by Bank of America to certain eligible holders of its outstanding debt securities to swap them for new fixed and floating rate senior notes. In other highlights, Barclays appointed the group to assist the 13 institutional investors who were the initial purchasers of a private offering of senior notes by Delphi Jersey Holdings, and Weaver guided Tritax through the offshore elements of a new tranche of funding. Other notable clients include Goldman Sachs, Deutsche Bank and JP Morgan Chase.

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