Firm Profile > Triay & Triay > Gibraltar, Gibraltar

Triay & Triay
28 IRISH TOWN
PO BOX 15
GIBRALTAR
Gibraltar

Banking and finance Tier 1

Triay & Triay specialises in cross-border finance transactions involving investments in Gibraltar, as well as those involving Gibraltar companies internationally. It has a strong focus on corporate finance and project finance work, and is also sought out for advice on regulatory issues. The team has also been very actively assisting various businesses in the financial sector with restructurings and business transfers in preparation for Brexit. Joseph E Triay is 'highly knowledgeable and adept at finding the right legal and commercial solutions for his clients.' Javier TriayAlan Buchanan and senior associates Javi Triay and Jay Gomez  are also names to note.

Practice head(s):

Joseph Triay; Javier Triay; Alan Buchanan

Testimonials

Partners’ knowledge of banking law is high, and they are also personable and easy to deal with.’

Joseph Triay is a delight to work with. He is highly knowledgeable about all aspects of banking and finance, intelligent, resourceful and adept at finding the right legal and commercial solutions for his clients.’

Key clients

Jyske Bank A/S Yes

Jyske Bank (Gibraltar)

Nomura International PLC

Oaknorth Bank

Gibraltar Financial

Services Commission

Dispute resolution Tier 1

Triay & Triay is a 'top choice' for private clients, international financial institutions and insurers. Freddie Vasquez QCCharles Simpson and Simon Triay are the lead partners in the team, which covers all types of commercial disputes, and is active in contentious insolvency cases, trust disputes and negligence claims. Associate Dhiraj Nagrani works closely with Triay on complex personal injury claims, with a emphasis on supporting insurers on all types of personal injury, clinical negligence and employers' liability claims.

Practice head(s):

Freddie Vasquez QC, Charles Simpson, Simon Triay

Key clients

Grant Thornton Gibraltar

PWC

IBEX Insurance

CHUBB

Argus insurance

Investment funds Tier 1

Triay & Triay's funds practice, which is led by Javi Triay and Jay Gomez , is highly regarded by clients.  The team has vast experience of setting up investment funds investing in a variety of asset classes, including renewable energy, medical infrastructure, real estate, bonds, private equity, debt instruments, listed securities, structured products, technology companies, blockchain infrastructure and cryptocurrencies.

Practice head(s):

Javi Triay, Jay Gomez

Testimonials

The team not only has deep knowledge about all the legal matters in the financial industry, but the way it deals with the client and follow-up on all the client’s issues makes it unique

Key clients

Apollo Global Fund PCC

Red Ribbon Strategic Fund PCC

Limited (cells North Block Capital Fund I & Seedslife Caban Impact Fund)

Red Ribbon Fund Management

Altarius Capital

TMT Tier 1

Triay & Triay 's multidisciplinary team provides 'very straightforward advice' to a wide variety of clients, including payment service providers, social media companies, gaming companies and fintech start-ups. It handles a multitude of commercial and regulatory matters, such as corporate structuring, licensing and compliance, data protection and cyber-security. The group also has expertise in financial services regulation. Jay Gomez ,Javi Triay and Joseph E Triay are recommended.

Practice head(s):

Jay Gomez

Testimonials

Javi Triay and Jay Gomez are extremely knowledgeable about the fintech industry, including cryptocurrency, DLT and ICOs. They are well positioned due to their good visibility in the local market and key positions on advisory boards, such as Gibraltar Association of New Technologies.’

‘Javi Triay and Jay Gomez show integrity in their dealings with clients, provide good, sound advice and work hard to provide a good service.’

‘Very straightforward advice to clients in the fintech and technology sectors‘.

Key clients

Wirex Limited

Red Ribbon

Stretegic Fund

Wibson Limited

Easy Payment Gateway

Commercial, corporate and M&A Tier 2

At Triay & Triay, Javier Triay has considerable experience of takeovers, company acquisitions and corporate finance, among other corporate and commercial matters. He is equally strong acting for established international corporates and start-ups. Alan Buchanan is 'reputable name' for high-value transactions.

Practice head(s):

Alan Buchanan, Javier Triay

Key clients

Jyske Bank (Gibraltar)

Nomura International PLC

Oaknorth Bank

Ladbrokes Coral Group

Fintech Tier 2

Triay & Triay regularly works with the Government of Gibraltar on proposed legislative changes, including those relating to the DLT regime, token sales/initial coin offerings and the tokenisation of securities. The firm is experienced in regulatory compliance, licence applications, token generation events and commercial technology transactions. Joseph E Triay is currently assisting Easy Payment Gateway with its application for a Class C licence under the Payment Services Directive 2 – the first in Gibraltar. Jay Gomez and Javi Triay are names to note.

Practice head(s):

Joseph E Triay

Key clients

Easy Payment

Gateway

Wirex

Wibson

Private client Tier 2

Triay & Triay advises on the entire gamut of private client matters, which includes areas such as succession planning, the establishment of trusts, taxation and family disputes. Joseph E Triay and Javier Triay are the key partners.

Practice head(s):

Joseph E Triay, Javier Triay

Real estate and construction Tier 2

Triay & Triay has a strong track record in real estate projects and real estate finance transactions in Gibraltar, as well as those involving Gibraltar entities.  Julian Triay is regularly instructed by commercial landlords and tenants on contentious and non-contentious real estate matters. Consultant Abraham Serfaty QC is, according to one client, 'the most knowledgeable conveyancing lawyer in the market'.

Practice head(s):

Julian Triay

Testimonials

‘Abraham Serfaty QC is the most knowledgeable lawyer in the market. He makes his clients feel secure in any real estate deal.’

‘I have found the team at Triay & Triay to be very professional and efficient.’

Key clients

Kilmona Holdings

Jyske Bank

Rank Digital Services (Gibraltar)

Foreland Properties

Shipping Tier 2

Triay & Triay acts on mortgagee-led ship arrests and the sale of vessels, as well as ship registration and ship finance transactions. James Ramagge advises ship owners and banks on the registration and financing of vessels on the Gibraltar Commercial Ships Register. In addition, he also has experience of handling the Gibraltar aspects of a number of highly-publicised maritime restructurings. Raymond A Triay is another key figure.

Practice head(s):

Raymond A Triay

Testimonials

‘Triay & Triay is a firm that consistently delivers quality work at a competitive price. Their Gibraltar Ship Registration practice facilitates worry-free processes and really unburdens ship owners when it comes to vessel registration. We can always trust that Triay & Triay will get the job done.’

Tax Tier 2

Triay & Triay handles a wide range of tax matters for individual and corporate clients, such as tax structuring and planning when relocating to Gibraltar, family trust restructures, corporate tax, international transactions and Gibraltar tax treatment of non-Gibraltar assets. Joseph E Triay and Javier Triay are the key contacts.

The firm: Triay & Triay is a full-service law firm. The firm was established in 1905 by the late Arthur Carrara CMG KC and is a recognised market leader in a number of specialist practice areas, including company and commercial, admiralty and shipping, insolvency, dispute resolution, private client and financial services. The firm offers both Gibraltar and Spanish legal advice from its offices in Gibraltar and Spain and prides itself on its original thinking, dedication and delivery of practical legal solutions to clients both locally and internationally.

Areas of practice: Corporate and commercial: the firm’s extensively experienced Corporate and Commercial team has a trusted reputation for excellence and the provision of focused and commercially minded specialist advice.  The team provides expert and industry specific assistance across a comprehensive range of company and commercial matters, including mergers, acquisitions and takeovers (in the regulated and unregulated sectors), solvent and insolvent corporate reconstruction and rescue, corporate finance, acquisition and project financings, data protection, information technology and telecommunications, electronic business and commerce (including e-gaming), agency, distribution, franchising and licensing arrangements, EU and competition law, commercial contracts, joint ventures, insolvency, intellectual property and all associated regulatory matters. The Firm regularly assists clients and other local service providers with company re-domiciliation’s and branch registrations.

Dispute resolution: the firm’s experience and expertise is well recognised as a market leader across all spectrums of litigation matters and includes asset tracing/interim remedies in aid of foreign proceedings, company and commercial, contract, construction, criminal, dishonest assistance claims, employment, family, gaming, insolvency (to include insurance companies), intellectual property, judicial review, landlord and tenant, personal injury, professional negligence, trademark infringement and trust litigation.

Employment: The firm’s busy employment department provides a full range of specialist advice and assistance on contentious and non-contentious employment and human resource matters. The department, which includes a Queen’s Counsel and two current Chairpersons of the Employment Tribunal in Gibraltar, boasts considerable experience and acumen and is the sole retained counsel for a number of the largest employers in Gibraltar across various industry sectors. The experienced team has a proven track record of providing responsive, diligent and practical advice in all areas of employment law, and its portfolio includes representation of employees and employers before the Employment Tribunal, advising on and assisting with the management of collective redundancy procedures, termination and recruitment arrangements, international outsourcings, transfer of undertakings, preparation of multi-level employment contracts, staff handbooks, human resource policies, employee compensation, benefit and incentive schemes, harmonisation arrangements and all employment aspects of corporate transactions, insolvency and restructuring.

Financial services: Gibraltar has a strong and thriving finance industry, regulated to EU standards. Our Financial Services team has been at the forefront of this growth and in particular in developing Gibraltar as a jurisdiction of choice for the establishment of investment services and investment funds. This has included contributing to Thomson Reuter’s European Lawyer Reference on investment funds.

The Financial Services team have a wealth of experience in advising banks, payment institutions, Gibraltar investment funds, investment fund managers, investment fund administrators, asset and investment managers/brokers and insurance companies, intermediaries and managers. Our financial services lawyers have advised and assisted with, the initial structuring and restructuring of licensable/licensed entities and ongoing regulatory matters such as licensing, passporting into other EU jurisdictions, the establishment of branches, distribution issues, the re-domiciliation of licensed entities and the disposal of financial services entities. The team has recently been involved in a several multi jurisdiction insurance portfolio transfers.

Fintech:  this team forms part of our traditional financial services team.  The firm’s Fintech team has the experience, industry knowledge and commercial understanding to assist these bold entrepreneurs. Our lawyers have also assisted clients, such as payment service providers, with licensing applications and therefore understand the requirements of the licensing process. The team has leveraged its existing knowledge of traditional financial services to assist clients in understanding their regulatory obligations under Gibraltar’s world-leading Distributed Ledger Technology regulations. The team has assisted numerous clients with establishing and structuring their ICOs from Gibraltar. The team has been actively involved with the drafting of the Token Regulations. The team has contributed to the International Comparative Legal Guide on Fintech .

Private client: the firm provides market leading assistance and advice on individual tax and residence matters; estate planning and administration; associated tax planning issues as well as advising on the establishment and/or administration of non-charitable, charitable trusts, private trust companies and other philanthropic ventures. The firm regularly assists individuals, families, trust corporations, fiduciaries and other professionals from a variety of different backgrounds and cultures in order to provide bespoke solutions to meet the needs of the client concerned.

The firm works closely with its associated company T & T Management Services Limited in providing bespoke solutions to its clients both locally and worldwide.

Property: the property team is growing and innovating to cater for Gibraltar’s developing property market. The team continues to offer specialist advice in relation to residential and commercial property transactions both in Gibraltar and in Spain through the firm’s associated Spanish firm. The Firm also advises both landlords and tenants in the commercial property sphere. Furthermore, the team advises developers in Gibraltar.  The firm advises various charitable institutions in relation to their property matters. The team liaises with the dispute resolution team in relation to property litigation. The team’s experience knowledge and expertise is unrivalled locally with several leading practitioners in the sector.

Shipping and Admiralty: The firm’s shipping and admiralty team has been at the forefront of developing Gibraltar as a jurisdiction of choice for admiralty and shipping work and is recognised as the market leader in Gibraltar. Its reputation is unrivalled. The team has been involved in the majority of mortgagee led ship arrests (including fleet arrests) that have occurred in Gibraltar. The team pioneered the private treaty sale option which has become extremely popular amongst creditors. The team also has a wealth of experience of dealing with Ship Registrations and Financings. The firm also acts as the registered agent for approximately two thirds of all commercial vessels registered in Gibraltar.

In summary, the firm acts on behalf of a wide variety of clients ranging from private individuals to international corporations including major banks and financial services companies as well as online gaming companies, insurance companies, funds and public institutions. The firm also acts for a number of non-profitable organisations and charities. It is not the policy of the firm to name its clients in publications.

Department Name Email Telephone
Corporate & Commercial Javier Triay Javier.Triay@triay.com +350 200 72020
Corporate & Commercial Alan Buchanan Alan.Buchanan@triay.com
Dispute Resolution Alfred Vasquez QC Freddie.Vasquez@triay.com
Dispute Resolution Charles Simpson Charles.Simpson@triay.com
Dispute Resolution Simon Triay Simon.Triay@triay.com
Employment Alan.Buchanan@triay.com Alan.Buchanan@triay.com
Financial Services Joseph Triay Melo.Triay@triay.com
Financial Services Jay Gomez Jay.Gomez@triay.com
Financial Services Javi Triay Javi.Triay@triay.com
Fintech Jay Gomez Jay.Gomez@triay.com
Fintech Javi Triay Javi.Triay@triay.com
IP and Trade Marks Simon Triay Simon.Triay@triay.com
Private Client Joseph Triay Melo.Triay@triay.com
Private Client Charles Simpson Charles.Simpson@triay.com
Property Julian Triay Julian.Triay@triay.com
Shipping and Admiralty James Ramagge James.Ramagge@triay.com
Shipping and Admiralty Raymond Triay Monchi.Triay@triay.com
Photo Name Position Profile
Mr Alan Buchanan  photo Mr Alan Buchanan
 Jay Gomez photo Jay Gomez Sales Contact
Mr James Ramagge  photo Mr James Ramagge
Mr Abraham Serfaty QC photo Mr Abraham Serfaty QC
Mr Charles Simpson  photo Mr Charles Simpson
Mr Joseph E Triay  photo Mr Joseph E Triay
Mr Simon Triay  photo Mr Simon Triay
Mr Raymond A Triay  photo Mr Raymond A Triay
Mr Javi Triay  photo Mr Javi Triay
Mr Javier Triay  photo Mr Javier Triay
Mr Julian Triay  photo Mr Julian Triay
Mr Freddie Vasquez QC photo Mr Freddie Vasquez QC
Mr Robert Vasquez QC photo Mr Robert Vasquez QC
Mr John Virgo  photo Mr John Virgo
Number of lawyers : 26
Dutch
English
French
German
Hebrew
Italian
Spanish
Association of European Lawyers
International Lawyers Group
MSI Global Alliance
Global Law
Principle Contact : Melo Triay, Senior Partner
Secondary Contact : Charles Simpson, Partner
Contact number and general email : +350 200 72020 and info@triay.com
Other offices : Currently in Spain we have 2 offices in Sotogrande and Marbella with 8 lawyers

Triay& Triay – Legal Excellence

The firm continues our founder’s legacy more than 110 years later by making diversity and inclusion top priorities.

During our 110-year-plus history, together with our sister company T&T Management Services Limited, our Gibraltar and Spanish offices have made significant strides toward the more equitable inclusion of women, lesbians, gays, bisexuals, veterans, ethnic minorities and other demographic groups. Our goal is to reflect the diversity of our clients throughout our institution and to build teams and create a working environment that is the right fit for every one of our employees.

We have done much to achieve this objective, and we are firmly committed to making continued progress.

Diversity & inclusion creates Legal Excellence.


CLIENT: Hedley Walls, Group Head of Risk at Admiral Insurance Group

COMPANY/FIRM: Admiral Insurance Group

TESTIMONIAL: “Triay& Triay provided Admiral Group PLC with excellent and diligent support during our portfolio transfer process.”


CLIENT: Altarius Capital Limited, Gibraltar Head Office

COMPANY/FIRM: Altarius Capital Limited

TESTIMONIAL: “Altarius Capital is an AIFM that is incorporated in Gibraltar and obtained a licence from the Gibraltar Financial Services Commission with the assistance of Triay & Triay. Triay & Triay have accompanied us all the way, helping and guiding us in the biggest strategic decisions taken by Altarius. All personnel at Triay & Triay have shown, at all times, that they are not only the best professionals with very good knowledge of the financial & regulatory environment, but that they are also excellent people at a human level.”


CLIENT: Charles Bottaro & Paul Stych, North Atlantic Trust Company Limited

COMPANY/FIRM: North Atlantic Trust Company Limited

TESTIMONIAL: “We have worked with Triay & Triay for many years on a number of matters from Corporate and Trust Law to ongoing advisory services for our business. Time and time again they have delivered under ambitious time constraints providing practical solutions and technically sound advice across multiple legal disciplines. Their reliability, impressive commercial awareness and ability to convey highly complex matters clearly, is why Triay & Triay have become our trusted legal advisors.”


CLIENT: Lars Aarup Jensen, Managing Director, Jyske Bank (Gibraltar) Limited

COMPANY/FIRM: Jyske Bank (Gibraltar) Limited

TESTIMONIAL: “Jyske Bank has worked with Triay & Triay for almost 30 years. Through those years tasks have been solved within many areas, not least when we were looking for external impartial advise and second opinions. Senior partner Melo Triay’s insight in Financial Services should be highlighted but it also worth noting the team of highly skilled professionals supporting him at all times.”


CLIENT: Andrew Hunter QC, Blackstone Chambers

COMPANY/FIRM: Blackstone Chambers

TESTIMONIAL: “I have recently worked with Triay & Triay (Melo Triay and Chris Davis) on two large financial services cases. I regard the firm, and Melo and Chris in particular, as exceptional litigators. Their knowledge of the complex law in the financial services sector is outstanding. They combine this deep legal knowledge with strategic insight honed by many years of experience. Melo, as the senior litigator has a particular ability to see the wood for the trees which is invaluable on complex cases of the sort on which we have worked together. They are resourceful, effective and a pleasure to work with.”


CLIENT: Turner Limited

COMPANY/FIRM: Turner Limited

TESTIMONIAL: “Triay & Triay have provided invaluable services to us. We were struggling to deal with items beyond our understanding and normal business remit. They held our hand and guided us through the process smoothly always answering our questions promptly and with a lot of foresight. This changed what could have been long, complex and arduous cross jurisdictional negotiations, simplifying it and we were able to get all of the terms amended to what we wanted. Whilst both parties came out satisfied with their relationship strengthened if anything. I give their lawyers and staff the highest recommendation.”



CLIENT: Nicola Walker, General Legal Counsel
COMPANY/FIRM: STM Group Plc
TESTIMONIAL: “The dispute resolution team at Triay & Triay have always provided us with clear legal advice and strategic guidance but they really differentiate themselves with their strong understanding of the commercial considerations that are relevant to us and our industry. On a personal level, we find the team extremely approachable and down to earth, always keen to help and act as a sounding board. This accessibility and “can do” attitude take a lot of the stress out of dispute management and recently their support and pragmatism resulted in the proportionate resolution of a trust dispute.”


CLIENT: Paul Marshall, Managing Director
COMPANY/FIRM: Vesuvius Ventures Limited
TESTIMONIAL: “Triay & Triay continue to provide support across a wide range of complex transactions for us and are always responsive to our needs. We have always valued their professionalism, integrity and their high standards of service. We consider them to be a long-term partner to our business as well as trusted legal advisers.”


CLIENT: Altarius Capital Limited, Gibraltar Head Office
COMPANY/FIRM: Altarius Capital Limited
TESTIMONIAL: “Once again the Triay &Triay team has demonstrated high standards of professionalism with a client-oriented approach. T&T has proven to be a reliable partner, positively contributing to our company’s growth and development.”


CLIENT: Hedley Walls, Group Head of Risk at Admiral Insurance Group
COMPANY/FIRM: Admiral Insurance Group
TESTIMONIAL: “Triay& Triay provided Admiral Group PLC with excellent and diligent support during our portfolio transfer process.”


CLIENT: Lars Aarup Jensen, Managing Director, Jyske Bank (Gibraltar) Limited
COMPANY/FIRM: Jyske Bank (Gibraltar) Limited
TESTIMONIAL: “Jyske Bank has worked with Triay & Triay for almost 30 years. Through those years’ tasks have been solved within many areas, not least when we were looking for external impartial advice and second opinions. Senior partner Melo Triay’s insight in Financial Services should be highlighted but it also worth noting the team of highly skilled professionals supporting him at all times.”


CLIENT: Charles Bottaro
COMPANY/FIRM: North Atlantic Trust Company Limited
TESTIMONIAL: “We have instructed both Melo Triay and Javier Triay on many private client matters, in particular in relation to Trusts and other private corporate structures. Our client experience has always been excellent and we consider both Melo and Javier to possess an excellent knowledge and understanding of trust law. We have found their attention to detail and practical resolve very helpful and consider them as long-term trusted advisors who we can always rely on.”


CLIENT: David Whitmore, Director
COMPANY/FIRM: Ibex Insurance Services Limited
TESTIMONIAL: “I have used the team at Triay & Triay (Simon Triay and Dhiraj Nagrani) over many years on a significant number of personal injury cases and other matters. The standard of work from Triay & Triay has always been of the very highest standard and they have dealt with our needs professionally, diligently and efficiently. The team at Triay and Triay is one of the most friendly, trustworthy and knowledgeable teams I have worked with. Highly recommended.”


The firm continues our founder’s legacy more than 110 years later by making diversity and inclusion top priorities.

During our 110-year-plus history, together with our sister company T&T Management Services Limited, our Gibraltar and Spanish offices have made significant strides toward the more equitable inclusion of all sexes, lesbians, gays, bisexuals, veterans, ethnic minorities and other demographic groups. Our goal is to reflect the diversity of our clients throughout our institution and to build teams and create a working environment that is the right fit for every one of our employees.

We have done much to achieve this objective, and we are firmly committed to making continued progress.

Diversity & inclusion creates Legal Excellence.


International Reach & Networks  

Triay & Triay is an international, independent and innovative law firm: hallmarks of the firm throughout its history, over 115-years. 

We are the only Gibraltar law firm with a material presence in Spain and via those offices in Sotogrande, Marbella and Madrid, Triay & Triay is able to service cross-border clients in Spain and at the same time leverages it international network of lawyers (Globalaw, Association of European Lawyers, International Lawyers Group) to provide clients with cross-border access to legal services in most jurisdictions.  

The Clients 

We take great pride in providing our clients with independent and unrivalled legal services. Our client base includes clients that are domiciled and resident in Gibraltar as well as those with international businesses and interests. Within the last 12 months alone, our clients have included: 

  • Her Majesty’s Government of Gibraltar;

  • Attorney General for Gibraltar;

  • Gibraltar Financial Services Commission;

  • international businesses (incl. large financial institutions) providing services in Gibraltar and internationally; 
  • High-net worth individuals and private clients.  

The Team 

Our goal is to create teams and a working environment that reflect the needs of our clients. Our lawyers are enthusiastic, committed people who relish the challenges and opportunities that they encounter every day. Together, they speak a range of languages including, English, Spanish, French, Hebrew and Italian.