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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

Banking and finance

Within: Banking and finance

Appleby advises banks and institutional clients on their roles as lead arrangers and lenders. Managing partner Faye Moffett and senior associate Eleanor Harding handle syndicated lending mandates, often involving non-bank lenders. The firm advises a number of debt funds, with new partner Kyle Sutherland and associate Katherine Johnson working with the firm’s Jersey office to advise Blackstone Group on a £183m acquisition finance facility to purchase Manx company 101 Logistics Limited. Simon Harding and counsel Tom Brook handle multibillion-dollar financings, sometimes with debt capital markets elements. Simon Cain and senior associate Helen Fretwell are also recommended. Other clients include HSBC, Deutsche Bank, Santander and other major British and international banks.

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Corporate and commercial

Within: Corporate and commercial

Appleby provides ‘very good service – fast and efficient responses with a helpful and constructive attitude’. The firm is frequently instructed in deals with multiple offshore jurisdictions involved and has particular strength in online gambling-related work; Kyle Sutherland and Clare Milne, who has intellectual property and gambling law expertise, advised SBTech on its re-domiciliation from Gibraltar to the Isle of Man. Other mandates in 2016 include Simon Harding, Simon Cain and senior associate Helen Fretwell’s advice to affiliates of a Blackstone private equity fund on the purchase of the BioMed group for a reported $8bn. Faye Moffett assisted RL360° with its purchase of licensed investment platform Ardan International from Rowan Dartington. Andrew Harding, who was elected to the partnership in April 2017, advised Advent International Corporation on the Manx law aspects of its purchase of a majority stake in V.Group, which owns ship manager V.Ships, from OMERS Private Equity. The firm also acts for Barclays.

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Insurance and pensions

Within: Leading individuals

Simon Harding - Appleby

Within: Insurance and pensions

Appleby handles various acquisition and business transfer matters. Simon Harding advised Zurich on transferring the Zurich International Life Portfolio Bond to LCL International Life Assurance Company, while newly promoted partner Andrew Harding advised Thomas Miller on the purchase of Castletown Insurance Services. Pensions highlights include Caren Pegg, acting alongside contingents from the firm’s Channel Island offices, advising on the pension aspects of Barclays’ reorganisation of business from Barclays Private Clients International to Barclays Bank plc. Faye Moffett advised life insurer RL360° on its purchase of investment platform Ardan International.

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Investment funds and capital markets

Within: Leading individuals

Simon Harding - Appleby

Within: Investment funds and capital markets

Appleby handles a range of matters including manager M&A, fund formations, restructurings and wind-downs. New partner Andrew Harding and associate Katherine Johnson advised Montreux Healthcare Fund on a restructuring. Andrew Harding and Simon Harding advised Dandara on the creation of six unit trusts aiming to develop residential property in northern England. Other clients include Peel Holdings and the CFB Convertibles Fund.

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