Mourant > Grand Cayman, Cayman Islands > Firm Profile

Mourant
PO BOX 1348, 94 SOLARIS AVENUE
CAMANA BAY
GRAND CAYMAN KY1-1108
Cayman Islands

Cayman Islands > Banking, finance and capital markets Tier 2

Mourant‘s team of experienced banking and finance lawyers advises leading asset managers and investment banks on a wide range of transactions spanning leveraged finance issues, fund financings, CLOs, securitisations and warehousings. Catherine Pham and Alexandra Woodcock jointly lead the finance team; Woodcock routinely advises leading financial institutions and private fund sponsors on the structuring and execution of finance transactions, while also handling high-profile cross-border restructurings. Senior partner in the corporate and finance practice Neal Lomax is the go-to choice for multinational corporations and international banks, while Ramesh Maharaj's specialism in private equity matters, restructurings and corporate finance transactions further strengthens the practice. Former head Hayden Isbister continues to advise on joint venture arrangements and other corporate deals, such as SPACs, while newly promoted partner Finn Howie navigates complex structured finance transactions and distressed debt restructurings.

Practice head(s):

Catherine Pham; Alexandra Woodcock

Testimonials

‘Ramesh Maharaj has a very bespoke understanding of clients’ financial positions and a willingness to find practical solutions. Excellent rapport with clients and trustworthy as a practitioner and resource.’

‘The team I work with at Mourant (including Alexandra Woodcock and Finn Howie) is amazing. The team members consistently demonstrate expertise on matters of Cayman law, are very responsive and are consistently able to resolve issues. The team is very good at explaining Cayman law to non-Cayman counsel and clients.’

‘Mourant has delivered superior client service in our transactions. We’ve never looked for another counsel in Cayman.’

‘Ramesh Maharaj is an excellent attorney – prompt, professional and an expert in his field. We have benefited from his guidance on capital markets and structuring matters for a number of years and our attorneys and clients rely on him completely.’

Key clients

Lloyd’s Bank

Nordic Aviation Capital

Republic Financial Holdings

Work highlights

  • Advised Lloyds Bank plc in connection with amendments to its £1.5bn term loan and revolving credit facilities and related inter-creditor matters with the Flutter Group of companies.
  • Advised the unsecured private placement noteholders in connection with the restructuring of $337m of outstanding debt issued by Nordic Aviation Capital.
  • Acted for Republic Bank in connection with its acquisition credit facility provided to Goddard Enterprises in connection with its multi-jurisdictional acquisition of International Meal Company Panama S.A.

Cayman Islands > Corporate and commercial Tier 2

Recognised as ‘very strong in corporate and regulatory capabilities and a known leader on the island’, Mourant regularly advises on a wide range of transactions, including M&A, equity capital markets, and SPACs. Managing partner of the Cayman office Hayden Isbister is known for his in-depth corporate and commercial expertise, and for regularly advising on joint venture arrangements and SPACs, while Neal Lomax‘s wide-ranging corporate and commercial expertise makes him ‘one of the strongest investment fund and M&A lawyers in the Caribbean’. Ramesh Maharaj focuses on corporate transactions including takeovers, take-privates, M&A , joint ventures, SPACs and IPOs, while Catherine Pham leads the Cayman finance, corporate and funds practice.

Practice head(s):

Catherine Pham

Testimonials

‘They are go-to firm in Cayman. Helpful, responsive and highly sophisticated. Very strong in corporate and regulatory capabilities and a known leader on the island.’

‘Neal Lomax is undoubtedly one of the strongest investment fund and M&A lawyers in the Caribbean. He is a trusted adviser to some of the biggest players in the region.’

‘They take time to understand your business (its like working with an extension of your internal team) and what you are trying to achieve.’

‘Very approachable, willing to think outside the box to assist in achieving objectives and always approach each task in a pragmatic and commercial manner.’

‘Hayden Isbister and team are absolute stand-outs. On the pulse, commercial and highly rated. They understand the needs of global clients and are ready to unlock complex scenarios for our clients.’

‘Ramesh Maharaj – very bespoke understanding of clients’ positions financially and willingness to find practical solutions. Excellent rapport with clients and trustworthy as a practitioner and resource.’

Key clients

Ares Special Committee

SuperBac Biotechnology Solutions S.A

Optiver Group

Semantix Tecnologia em Sistema de Informação S.A.

Global Forest Partners LP

L Catterton Asia Acquisition Corp

Work highlights

  • Represented the Special Committee in connection with business combination between X Energy Reactor Co and Ares Acquisition Corp, resulting in a publicly traded company valued at $2bn.
  • Advised Optiver Group on its intended acquisition of Traxys SARL.
  • Represented Semantix on its business combination with Alpha Capital Acquisition Company worth $693m which valued Semantix at $1bn.

Cayman Islands > Investment funds Tier 2

The team at Mourant is best known for assisting with launches and structuring and restructuring mandates across a wide range of asset classes – primarily private equity, hedge, credit and distressed funds – and strategies. Since 2022, Catherine Pham, who ‘offers the perfect mix of being excellent technically, super responsive and very personable‘, has headed up the practice, although former group lead Hayden Isbister remains active as a managing partner. Neal Lomax is singled out by clients for the strength of his ‘idea generation to get to the optimal outcome‘.

Practice head(s):

Catherine Pham

Other key lawyers:

Testimonials

‘Timeliness and quality of work are standouts, and the experience they bring to my business is exceptional. When working with investors, having the Mourant name as Cayman legal counsel adds to the overall investment proposition enormously.’

‘Catherine Pham offers the perfect mix of being excellent technically, super responsive and very personable and relatable. She is a pleasure to work with.’

‘Neal Lomax has that perfect mix of deep knowledge of the law, strong interpersonal skills, commercial acumen, timeliness and idea generation to get to the optimal outcome. I can strongly recommend Neal for Cayman Islands investment funds work.’

‘I have found the Mourant team to be very knowledgeable on all subject matters and pleasure to work with.’

‘Hayden Isbister is extremely responsive and consistently goes the extra mile in addressing our questions and ensuring that our mutual clients understand and can address the issues that they face.’

‘Highly responsive, very experienced, and able and willing to help on short notice.’

Cayman Islands > Regulatory and compliance Tier 2

Mourant‘s practice fields a team of experienced lawyers and regulatory and compliance consultants who routinely assist clients with a mixture of contentious and non-contentious mandates as well as providing preventative advice. Dual-qualified (BVI and Cayman) practice head Sara Galletly notably focuses on regulatory developments impacting fund, finance and corporate structures and regulated entities, while Hector Robinson KC is known for handling complex cross-border trust and estate disputes, regulatory investigations, fraud and asset tracing issues, and insolvencies. Alastair Lagrange‘s broad practice spans anti-money laundering and sanctions advice, economic substance matters, and fintech and virtual asset issues.

Practice head(s):

Sara Galletly

Key clients

Cayman Islands Monetary Authority

Work highlights

  • Represented the Cayman Islands Monetary Authority in defending judicial review proceedings brought by two of the largest trust and corporate service providers (TCSPs), in Cayman.

Cayman Islands > Dispute resolution Tier 3

Mourant provides a comprehensive service on distressed fund disputes, commercial litigation, and insolvency and restructuring matters, while also regularly handling g s.238 valuation disputes. The highly experienced Peter Hayden handles a varied spectrum of contentious issues, regularly appearing before the Grand Court and the Cayman Islands Court of Appeal, while Simon Dickson has considerable experience in fund disputes, insurance-related matters, insolvencies and restructurings. Practice head Nicholas Fox has recently been active in cryptocurrency work, and has led several winding-up petitions involving cryptocurrency investment funds. Hector Robinson KC is the key contact in the practice for contentious private client work, and Jonathan Moffatt is noted for acting in shareholder disputes and liquidations. Insolvency and commercial litigation expert Christopher Harlowe, who divides his time between Cayman and London, is also highly recommended.

Practice head(s):

Nicholas Fox

Other key lawyers:

Testimonials

‘Mourant is consistent in their delivery of timely, well-thought-through, practical legal advice tailored to the needs of us and our client whilst being commercially sensitive.’

‘Nicholas Fox and Luke Burgess-Shannon are two highly skilled Cayman counsels who have mastered the art of case handling. Their ability to keep their client in the know on highly time sensitive matters whilst going above and beyond to meet impossible deadlines is praiseworthy.’

‘Jessica Vickers is excellent and always over the detail. Nicholas Fox is approachable, commercial and always available.’

‘Very practical and clear advice provided on time and without fuss. Also enjoyable to work with.’

Key clients

Cable & Wireless (Cayman Islands) Limited

Ad Hoc Committee of OneTradex

Ahmad Hamad Algosaibi & Brothers Company (AHAB)

Oasis Management (Hong Kong)

Saxena Holdings LLC and Tagusi Holdings LLC

Global Loan Agency Services Limited, GLAS Trust Corporation Limited (together, GLAS)

Cayman Islands Monetary Authority

Eiffel, Pretons, Ensemble 2 and Eiffel eCapital Global Fund (the Eiffel Funds)

Fideicomiso F/000118

Sahara Oil & Gas

Captive Holdings, Inc.

MUFG Alternative Fund Services (Cayman) Limited

PwC Corporate Finance & Recovery (Cayman) Limited

HEB Enterprises Ltd

Work highlights

  • Acted for Oasis Management as a dissenting party in the take private of SINA Corporation, the operator of Chinese social-media platform Weibo.
  • Advised GLAS on a complex restructuring transaction.
  • Acted for MUFG Alternative Fund Services (Cayman) Limited on its Judicial Review application against two related notices to produce documents served under the Mutual Legal Assistance (United States of America) Act.

Guernsey > Insurance

Mourant‘s insurance offering straddles the firm’s corporate and dispute resolution teams, and is particularly known for its expertise in insurance M&A work, as well as its proficiency in advising on the establishment and operation of insurance companies. Heading the non-contentious aspect of the practice are John Lewis, an insurance and pensions specialist, and regulatory expert Helen Wyatt, who advises both reinsurers and captive insurers. Gordon Dawes handles contentious insurance matters, representing clients in a range of disputes including professional negligence, D&O and coverage matters. Counsel Chantal Barrett acts on contentious matters concerning professional indemnity, D&I and regulatory enforcement. Senior associate Andrew Grant advises insurers on corporate and regulatory issues.

Practice head(s):

John Lewis; Helen Wyatt; Gordon Dawes

Other key lawyers:

Key clients

Fidelio Capital

Standard Life

Zurich

Work highlights

  • Advised Zurich Insurance on the recognition under Guernsey law of a UK court-approved scheme under Part VII of the Financial Services and Markets Act 2000 in respect of Guernsey resident policyholders.
  • Advised Kelvin Re on its acquisition by Cowen and the subsequent announcement of a definitive agreement for TD Bank Group to acquire Cowen.
  • Advised FC Sun Intressenter on its acquisition of UK-based Trinity Property Group through its portfolio company Odevo, focusing in particular on the target’s Guernsey captive insurance arrangements.

The firm: Mourant is a leading global offshore law firm with expertise in BVI, Cayman Islands, Guernsey and Jersey law. Through Mourant Governance Services we deliver a complementary range of fiduciary, administration and governance services.

Our clients include many of the world’s leading financial institutions, corporations, public organisations, private equity houses and investment funds, as well as ultra-high-net-worth individuals and family offices. We routinely work in partnership with the most prestigious international legal and accountancy firms.

Types of work undertaken: Our Cayman Islands practice specialises in:
Banking and finance:The partners in our banking and finance team are highly respected experts in their field, and their practices span the full range of offshore banking and finance work. Our team regularly acts for lenders, borrowers, arrangers, issuers, managers, trustees and other finance parties, and advises 90 per cent of the world’s top 50 banks.

We’re renowned for our structured finance and securitisation work, and have a reputation for excelling in the most complex transactions involving offshore law.

We’re also regularly appointed as listing sponsor to securities listed on the Cayman Islands Stock Exchange and The International Stock Exchange.

Corporate: We’re best known for our work on the most complex and demanding transactions – where clients tell us that the strength in depth and hands-on approach of our multi-jurisdictional partner team make all the difference.

Regulatory and governance: We provide highly commercial and focused legal advice in relation to the full range of offshore governance and regulatory requirements and issues.

Regulatory investigations often span the numerous jurisdictions in which our clients operate. We either manage and co-ordinate our clients’ issues ourselves, seamlessly across those jurisdictions, or we work alongside leading legal and accounting firms to manage matters through to conclusion. We also regularly advise on competition law and data protection law.

Funds: Mourant has an international reputation as one of the leading investment funds practices in the Cayman Islands. Our market-leading international team spans time-zones, and is known for the quality and quantity of complex work it handles globally across a wide range of alternative fund asset classes – traditionally real estate, private equity, credit and hedge funds.

We’re increasingly called upon to help launch offshore funds for investment in diverse technological areas including digital technology, cryptocurrencies, fintech, renewable energy, medical tech and bio-venture companies.

Insolvency and restructuring: Our insolvency and restructuring practice draws together banking, corporate, insolvency, investment funds, litigation, regulatory and restructuring expertise. It deploys carefully integrated, multi-disciplinary teams to work closely with leading professionals in the US, the UK and elsewhere. Mourant plays a leading role in the largest and most high-profile insolvency-related cases in the Cayman Islands, usually cross-border in practice requiring rapid and efficient coordinated advice. It advises on all aspects of complex corporate restructurings, providing pragmatic and workable solutions for its clients.

International trusts and private client: We provide exceptional trusts and private client services covering both contentious and non-contentious matters in all our jurisdictions. Our highly regarded international trusts and private client team includes some of the most renowned litigators and legal advisers in the offshore world. With this distinctive global perspective, we’re able to advise neutrally on the most appropriate jurisdiction in which to establish and administer wealth management structures. We work together without jurisdictional boundaries in our clients’ interests.

Litigation and dispute resolution: Our litigation team play a leading role in the largest and most high-profile disputes in the Cayman Islands and in international cross-border cases requiring rapid and efficient coordinated advice. Our litigation partners all have considerable experience and are highly regarded for their work. Our clients include major financial institutions, trust companies, regulators, public authorities, prosecutors and high-net-worth individuals.

Department Name Email Telephone
Managing Partner Jonathan Rigby
Managing Partner, Cayman Hayden Isbister
Photo Name Position Profile
Simon Dickson photo Mr Simon Dickson Simon is instructed by financial institutions in respect of the largest and most…
Sara Galletly photo Ms Sara Galletly Sara has significant experience with both Cayman Islands and British Virgin Islands…
Christopher Harlowe photo Mr Christopher Harlowe Christopher is a recognised expert in contentious and non-contentious insolvency, restructuring and recovery…
Peter Hayden photo Mr Peter Hayden Over the last 13 years Peter has acted in many of the largest and…
Finn  Howie photo Finn Howie I’m Counsel in our Cayman Islands Corporate and Finance practice, specialising in…
Hayden Isbister photo Mr Hayden Isbister Hayden has significant experience advising a broad range of clients on the…
Alastair Lagrange photo Alastair Lagrange I’m a Senior Associate in our Cayman Islands specialist regulatory team.
Alex Last photo Mr Alex Last Alex frequently advises many of the world’s leading private fund sponsors on…
Neal Lomax photo Mr Neal Lomax Neal has extensive experience advising clients on the establishment and restructuring of…
Ramesh Maharaj photo Mr Ramesh Maharaj Ramesh advises on corporate transactions relating to Cayman Islands entities (companies, partnerships, LLCs),…
Jonathan  Moffatt photo Jonathan Moffatt I am a Partner in our Cayman litigation practice, specialising in commercial…
Catherine Pham photo Catherine Pham I’m a Partner and the Practice Leader of our Corporate team in…
Rhiannon  Williams photo Rhiannon Williams I’m Counsel in our Cayman Corporate and Finance practice.
Alexandra Woodcock photo Ms Alexandra Woodcock Alexandra frequently advises many of the world’s leading finance institutions and private…
Photo Name Position Profile
Nicholas Fox photo Nicholas Fox I’m a Partner and the Local Practice Leader of the Litigation and…
Hector Robinson KC photo Hector Robinson KC I am a Partner in our Cayman Islands litigation practice group.
Number of Partners: : 9
Other offices : BVI
Other offices : Guernsey
Other offices : Hong Kong
Other offices : Jersey
Other offices : London