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Mourant

ROYAL CHAMBERS, ST JULIAN'S AVENUE, ST PETER PORT, GY1 4HP, GUERNSEY
Tel:
Work 01481 723466
Fax:
Fax 01481 727935
Web:
www.mourant.com/guernsey

Frances Watson

Tel:
Work +44 1481 739 331
Email:
Web:
www.mourantozannes.com
Mourant

Work Department

Banking & Finance, Corporate, Financial Services & Regulatory, Funds, Insolvency & Restructuring, Insurance

Position

Partner

Career

Frances is a partner and Guernsey Advocate in the corporate and finance team in our Guernsey office. With over 15 years’ experience Frances’ practice covers a wide variety of corporate and commercial matters, finance, investment funds, insurance, listings, regulatory advice and restructurings. She is ranked as a leading individual for investment funds work by Legal 500 in 2016.

Prior to moving to Guernsey in 2005, she worked for seven years with Allen & Overy LLP, one of the leading London law firms, where she advised on a wide variety of corporate and corporate finance matters. 

Examples of recent experience prior to joining Mourant Ozannes:

Acted as Guernsey Counsel on the establishment of an infrastructure Iicome fund that raised £150 million on the main market of the London Stock Exchange.

Advised an aircraft leasing company on its further placing of shares on the LSE’s Specialist Fund Market, the proceeds of which were used to acquire two Boeing 787-8 aircraft to be leased to a leading Asia airline, and related financing.

Acted for an international bank in connection with its acquisition of a Guernsey-based trust and corporate services business.

Member

She is a former Chair of the Commercial Bar Association in Guernsey.

Education

Frances qualified as an English Solicitor in 1999 and as a Guernsey Advocate in 2007.  Frances has a first class honours degree from Oxford University and an M.Phil., also from Oxford University.


Guernsey

Banking and finance

Within: Next Generation Partners

Frances Watson - Mourant

Within: Banking and finance

Mourant has expertise in fund finance, acting for both managers and banks, as well as real estate finance, including structured deals and work for non-bank lenders. M&A acquisition finance and shipping finance are more niche areas in which the firm has handled deals. Caroline Chan has a track record of handling sensitive restructurings as well as real estate finance, while Darren Bacon and John Lewis are active in fund financing transactions for well-known borrowers. Helen Wyatt focuses on banking sector transactions against highly complex regulatory backdrops. Frances Watson also acts for borrowers and lenders, including non-bank lenders, with John Rochester particularly active in UK real estate deals. Dylan Latimer, previously a counsel at the firm, is now a partner at Bedell Cristin.

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Capital markets

Within: Capital markets

Mourant's corporate practice handles capital markets work, ranging from the Guernsey elements of cross-border IPOs, listed funds work, debt capital markets and public M&A, among other matters. Darren Bacon handles listed fund share issuance mandates, while Caroline Chan's work include note listings, with John Rochester also handling note issuances. Frances Watson's practice includes, among other matters, equity capital markets. Blockchain is another area of expertise for the firm.

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Corporate and M&A

Within: Leading individuals

Frances Watson - Mourant

Within: Corporate and M&A

Mourant covers the range of Guernsey corporate work, from Guernsey corporate structures holding UK real estate through to locally significant deals with assets on-island. Darren Bacon's practice includes Guernsey elements of heavyweight UK real estate deals, as well as public M&A. John Lewis  is another notable for real estate work. Helen Wyatt has expertise in corporate service provider deals, and handles work for leading names in private equity and their portfolio companies. John Rochester is also active in heavyweight deals in highly regulated sectors, including public M&A, as is Frances Watson. Counsel Alex Davies has a track record in doing public M&A, as has senior associate Alana Gillies.

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Investment funds

Within: Leading individuals

Frances Watson - Mourant

Within: Investment funds

Mourant handles a range of work, including complex mandates relating to leading listed funds. Caroline Chan has listed funds expertise, as does Darren Bacon; in private funds, Frances Watson  also handles billion-dollar fundraisings, as well as complex work concerning open-ended funds. Senior associate Alana Gillies is active in advising leading private equity firms. Dylan Latimer is now at Bedell Cristin.

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Legal Developments in Guernsey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • In re B; B v T (Court of Appeal, 11 July 2012)

    A trustee's duty of confidentiality has recently been discussed and to some extent clarified in the recent Guernsey Court of Appeal decision of In re B; B v T (Court of Appeal, 11 July 2012). This summary has been prepared to provide you with a summary of the case as well as the general issues raised, but is not intended to cover all matters or to provide commentary.   This summary does not constitute legal advice.
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    The Image Rights (Bailiwick of Guernsey) Ordinance 2012 (the Ordinance) and The Image Rights (Bailiwick of Guernsey) Regulations, 2012
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    Guernsey has been considering the introduction of local competition law since at least 2005 and by bringing into effect The Competition (Guernsey) Ordinance, 2012 on 1 August 2012, has introduced an effective Competition Law regime, to regulate the same 3 core areas recognized in most competition regimes, namely the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions.
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  • Channel Island Stock Exchange, LBG - Listing of Securities of Investment Funds

    The Channel Islands Stock Exchange, LBG (the Exchange or CISX) commenced operations on 27 October 1998 and is intended to provide recognised facilities for the listing and trading of securities issued by companies and investment funds.
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    The investment funds industry in Guernsey has achieved significant growth in recent years. Statistics show that as at 30 June 2011 there was £274.5 billion of assets under management in Guernsey.
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