The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Appleby

33-37 ATHOL STREET, DOUGLAS, IM1 1LB, ISLE OF MAN
Tel:
Work 01624 647647
Fax:
Fax 01624 620992
Email:
Web:
www.applebyglobal.com

Simon Harding

Tel:
Work 01624 647652
Email:
Appleby

Work Department

Corporate.

Position

Simon Harding is a partner within the Corporate department and is the Isle of Man Team Leader for the Funds & Investment Services, and the Insurance Team. He brings to the table extensive experience gained in working both on and off the Isle of Man. As well as being involved in a wide range of mergers and acquisitions and corporate finance transactions, Simon has advised on many financial services, regulatory and insurance matters. He has also been involved in the establishment and restructuring of numerous Isle of Man based funds and in providing ongoing advice to such funds. 

Some recent examples of his representative work include advising: A major international banking group on the restructuring of certain of its offshore deposit-taking operations; An international financial services group on the disposal of its offshore life insurance operations;
The sellers of Oldford Group on the Isle of Man legal and regulatory matters relating to a transaction whereby Amaya Gaming Group Inc (TSX@AYA) agreed to acquire privately held Oldford Group, the parent company of Rational Group, the worlds largest poker business and owner and operator of the PokerStars and Full Tilt Poker brands, for an aggregate purchase price of $4.9bn.

Career

Qualified as an advocate in the Isle of Man 1998; partner Appleby 2005.

Education

University of York.; College of Law, Guildford (England)


Isle of Man

Corporate and commercial

Within: Corporate and commercial

Known for its ‘excellent service throughout’, Appleby’s corporate team stays ‘at the top of the game’ by combining ‘quick response times and in-depth industry knowledge’. In recent highlights, the firm led the advice to Blackstone and CVC on the proposed acquisition of Paysafe via a scheme of arrangement, and Kyle Sutherland was part of the team which assisted NEPI Rockcastle with a guaranteed medium term note programme and the first issue of notes. The firm also handles corporate governance issues, as shown by Simon Harding’s advice to a shareholder of an oil and gas company with regard to board alterations. Juan Thornley and investment funds expert Andrew Harding were promoted to partner, and Simon Cain retired from the firm. The ‘particularly helpful and proactive’ Claire Milne is also noted, alongside counsel Tom Brook.

[back to top]

Insurance and pensions

Within: Leading individuals

Simon Harding - Appleby

Within: Insurance and pensions

Appleby recently led the advice to an international insurer on the redomiciliation of its captive insurance company from the Isle of Man to Bermuda and its subsequent merger with an already-established Bermuda entity. Alongside counsels Michelle Brook and Tom Brook,  Andrew Harding assisted a leading offshore insurance company with a secured loan to a number of its business intermediaries, while Christopher Cope undertook the sale of a major UK bank’s life insurance business in the Isle of Man. Also notable is the firm’s work in the corporate restructuring space, where Juan Thornley and Kyle Sutherland oversaw changes to group pension schemes and regulatory issues. The Isle of Man insurance team is led by corporate expert Simon Harding, who has a strong track record in corporate transactions and financial services regulations. Notable clients include Lloyds and Zurich.

[back to top]

Investment funds and capital markets

Within: Leading individuals

Simon Harding - Appleby

Within: Investment funds and capital markets

Clients recommend Appleby’s counsel Tom Brook, who recently teamed up with Kyle Sutherland to oversee several listings on the London Stock Exchange (LSE), such as the listing of Eddie Stobart Logistics on AIM on behalf of Greenwhitestar, an existing investor. Faye Moffett acted for a venture capital firm in its share restructuring, including buy-backs, the issuing of new share classes and increasing its authorised capital capacity; a housing group also engaged her to handle its acquisition of shares in an Isle of Man company. Also notable are Andrew Harding and practice head Simon Harding.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • CYPRUS INVESTMENT PROGRAMME

    The Cyprus Investment Programme has been redesigned by the Cyprus Government in order to continue to attract high net worth individuals to settle and do business in Cyprus. The Key Changes will be applicable from the 15 th of May 2019 and include the following:
  • CYPRUS: Introduction of the General Healthcare System (GHS)

    Cyprus has introduced the General Healthcare System (GHS) that will cover its entire population. The GHS is a modern, patient-centric healthcare system with the aim of delivering equal and quality healthcare services to beneficiaries.
  • GRP Rainer Rechtsanwälte – Experience dealing with claims relating to D&O insurance

    In recent times, public pressure has continued to mount on managers in cases involving claims arising from damage or loss. Governing bodies and executives can insure themselves against the risk of liability by taking out a D&O insurance policy.
  • Antitrust Law Aspects in Ukraine

    Ukraine, like other European countries, developing a market economy on their territory, has incorporated antitrust regulations and legal mechanisms in its legislation to regulate and support competition, as well as rules to ensure fair competition. An integral part of the competition control is the control exercised by the Antimonopoly Committee of Ukraine over M&A transactions both in Ukraine and abroad, which may also affect Ukrainian domestic markets.
  • The Predicted End of Fiat Currencies

    Billionaire and crypto investor Tim Draper envisages a radical overhaul in payment systems; predicting that cryptocurrencies will replace fiat currencies within the next five years.
  • Termination of Employment for Good and Sufficient Cause

    In the case of Joseph Saliba vs Imperial Hotel (Goldvest Company Limited), the facts of the case revolved around Mr Saliba who was employed in various positions within the Hotel Imperial in Sliema until such hotel was acquired by Goldvest Company.
  • Legal Consultants in Dubai: Discussing Legality of Verbal Contracts

    A verbal contract is valued as much as the paper it is written on. While discussing and preparing for an important case, I found myself thinking the legalities of verbal contracts and the misconception towards their unenforceability.
  • DUE DILIGENCE: Importance In Acquisition

    Mergers and Acquisitions (M&A) can be as critical as it seems exciting for any entity's growth and development. If successful, it can assist both the companies to gain a significant share in the market and earn profits. If not successful, it can lead to a different story altogether. 
  • The Way Forward: Gender Neutrality and Gender Inclusion

    The principle of equality between men and women is a fundamental value constantly on the European Union’s agenda.  Ample EU institutes, programmes, and legislation provide for gender equality, and case law of the Court of Justice of the European Union (‘CJEU’) reaffirms the progress made in this respect. On a member state level, the enactment of gender neutral laws (particularly in the fields of inheritance law, marriage law, and employment law), may be considered as having reached its culmination in a number of EU member states, in the legal recognition of non-binary people. In turn, the European Parliament is now actively seeking to bring language evolution at par with gender inclusive legislation.
  • Abetting in Crime: Criminal accountability for parties involved

    NOT JUST A CRIMINAL ACT WILL MAKE YOU A CRIMINAL So, the plan is that "A will enter the apartment wearing women's abaya with a key provided by C, B will wait outside in the car, and once we complete the act, we will keep the money at D's place." The plan is simple, and everyone is aware of their role in the act.