Bedell Cristin > London, England > Firm Profile

Bedell Cristin
11 OLD JEWRY
LONDON
EC2R 8DU
England

Offshore firms in London Tier 2

Bedell Cristin's 'joined up, efficient and extremely knowledgeable' London office is particularly well known for its exclusive focus on Jersey law transactional matters. Investment funds matters, corporate and finance work, and debt and equity listings are among the team's main areas of activity. The team is jointly led by Bruce Scott, who recently advised on Atlantic Leaf's £152m acquisition by South Downs Investment LP, and Tom Davies, who leads the London corporate real estate offering, specialising in club deals, borrower side financings and joint ventures. Senior associate Laura Hendrick advises clients on Jersey-related corporate, finance and investment funds matters. Managing associate Sukhvinder Chana assists on Guernsey law matters.

Practice head(s):

Bruce Scott; Tom Davies

Other key lawyers:

Testimonials

‘Very closely knit team with tons of synergy.’

‘Bruce Scott is highly knowledgable and approachable. Tom Davies is incredibly energetic in his approach to work.’

‘Bruce Scott is a pleasure deal with. Knowledgeable, commercial, available and user-friendly. The other team members I’ve encountered have also done a good job.’

‘Bruce Scott and his team are tried and trusted advisers for our asset-backed securitisation transactions in Jersey. Working with them is straightforward and the entire team is 100% reliable.’

‘The team work in collaboration with the client. Tom Davies really understands the asset class and what we need from a lawyer.’

‘The team is joined up, efficient and extremely knowledgeable. As well as being Jersey law experts, they also offer commercial and pragmatic solutions to offshore funds-related structuring questions.’

‘Tom Davies is an outstanding business winner, a supremely gifted lawyer and an engaging personality who clients warm to and admire. Bruce Scott’s reputation in the market is also superb.’

‘Very strong on listing UK REITs on TISE. Bruce Scott is an outstanding adviser – very knowledgeable and user-friendly.’

Key clients

Aviva Investors

AXA Real Estate

Barrick Gold Corporation

BentallGreenOak

BlackRock

Blackstone

BNP Paribas

Cairn Capital

CIT Financial Services

Cindat Capital Management

Cromwell European REIT

Exeter Property Group

Global Student Accommodation

Gulf Islamic Investments

Harrison Street Real Estate Capital

iQ Student Accommodation

Markel

M&G Investment Management

Node

Orchard Street Investment Advisers Limited

Oryx Real Estate

Permodalan Nasional Berhad

PGIM Real Estate

Secure Income REIT plc

SF Addison SA

Starz Mortgage Capital

The Scottish Salmon Company PLC

Tikehau Capital

Unite Students

Urbanest Student Accommodation

Vitruvian Partners LLP

Welltower, Inc.

Work highlights

  • Advised Atlantic Leaf on all Jersey law aspects of its £152m acquisition by South Downs.
  • Advised AXA IM – Real Assets, a global leader in real asset investments, on its acquisition of Dolphin Square in Pimlico, Central London, from Westbrook Partners.
  • Advised iQ Student Accommodation (and Blackstone, as owner) in relation to a large listing on The International Stock Exchange, in order to facilitate the group’s conversion to a UK REIT.

Guernsey > Banking and finance Tier 2

In the real estate finance space, Bedell Cristin’s team is equally strong in borrower and lender mandates; recent highlights included practice head Kate Ovenden advising institutional lenders on term loan facilities in the student accommodation space. Dylan Latimer is another key individual in the group, as is managing associate Sukhvinder Chana, who is largely based in London, and capably handles fund financing and M&A financing work; he is also spearheading the development of the India desk, thus drawing in notable investors from that jurisdiction.

Practice head(s):

Kate Ovenden

Other key lawyers:

Testimonials

‘I value the relationship I have with the firm, which has been established over many years. I find them sensible, available, responsive and good value.’

‘We work a lot with Sukhvinder Chana, who is highly regarded – a rising star.’

‘Commercial, sensible and responsive – I always have the utmost confidence in their advice.’

‘The team at Bedell Cristin are knowledgeable and efficient.’

Key clients

The Royal Bank of Scotland International Limited

Royal Bank of Scotland plc

NatWest

Barclays Bank plc

Antares Capital LP

Aviva

Santander

Work highlights

  • Provided banking advice in Guernsey and Jersey to The Royal Bank of Scotland International Limited in connection with a facility made available to Retail Park Holdings Limited for the construction of Guernsey’s first Premier Inn hotel, together with an office building, restaurant and multi-storey car park.
  • Provided banking and property advice in Guernsey and Jersey to The Royal Bank of Scotland International Limited in connection with the financing of the acquisition by Channel Islands Property Fund Limited of grade-A commercial premises known as Valley House, to be let to Oak Group.
  • Providing banking and security to Antares for the financing of the acquisition of Integra UK Bidco Limited and OT Topco Limited.

Guernsey > Corporate and M&A Tier 2

Leading Bedell Cristin’s 'technically strong and responsive' corporate and commercial outfit, the 'very approachable and knowledgeable' Kate Ovenden specialises in downstream private equity M&A and related corporate financing transactions. On-island business acquisitions are handled in a high volume, particularly in highly regulated sectors, namely insurance (assisted by the 'outstandingRichard Sharp) and the broader financial services markets. Ovenden and managing associate Sukhvinder Chana act on UK real estate M&A mandates operated through Guernsey SPVs.

Practice head(s):

Kate Ovenden

Other key lawyers:

Testimonials

‘Extremely knowledgeable team in this area of expertise. Effective, responsive. Willing to collaborate.’

‘Richard Sharp is outstanding, both his communication and focus has been excellent, his knowledge and understanding second to none.’

‘Richard Sharp was not only always available to discuss issues, but with an excellent knowledge of the market and our business was able to proactively steer us through to get the right commercial outcome.’

‘The Bedell Cristin team have been excellent in assisting us with corporate finance activity over the last two years. Their involvement has not just been in relation to drafting/reviewing documents but also offering practical solutions to issues. Bedell Cristin have a detailed understanding of the structure of our group which is very helpful in deriving solutions to issues.’

‘The individuals at Bedell Cristin have an excellent understanding of Guernsey law but are also commercially minded, which means that they play a key role in the corporate finance activity of our group.’

‘Kate Ovenden is very approachable, knowledgeable and calm under pressure.’

‘Their in-depth knowledge and experience in the industry and of course corporate law was key in delivering the desired outcome of our project. They provided timely responses and conclusions with good depth of team whilst managing our expectations very well.’

‘Kate Ovenden led from the front supported by equally committed individuals who made it their business to know our business and to guide us through a project.’

Key clients

Inflexion Private Equity

JT

Robus Group

Stobart Group (ESLL Group Limited)

Freedom Asset Management

Pollen Street Capital

Capitalworks

First Central Group

Aston Lark Group Limited

The Stonewood  Group

Work highlights

  • Advised longstanding client Pollen Street Capital on a £200m investment in Markerstudy Group, the fifth largest motor insurer in the UK.
  • Advised Inflexion Private Equity on the acquisition of Estera, a leading global provider of funds corporate and trust services, from Bridgepoint, to create a combined Ocorian business which is one of the largest administrators globally, with 1,250 staff across 18 jurisdictions.
  • Acted for Goldman Sachs-backed Aston Lark on the acquisition of Neon Sapphire Underwriting.

Guernsey > Dispute resolution Tier 2

Leading Bedell Cristin’s dispute resolution practice, Alasdair Davidson 'is a class performer as both an advocate and a strategist' who handles contentious insolvency matters, including ongoing parallel proceedings, from multijurisdictional liquidators and insurers. Ongoing contentious trust highlights revolve around competing family interests and generational disputes. The team is able to apply deep knowledge of Guernsey-specific contract law to property disputes and professional negligence claims. Jon Barclay’s regulatory practice covers AML, director fiduciary obligations and enforcement actions by the GFSC.

Practice head(s):

Alasdair Davidson

Other key lawyers:

Testimonials

‘Alasdair Davidson: very experienced and knowledgeable lawyer.’

‘Alasdair Davidson is particularly experienced and commercial in his approach. Focuses on key issues and does not get bogged down in peripheral issues. Definitely the go-to adviser for my firm in the jurisdiction and will highly recommend to peers.’

‘Bedell Cristin Guernsey is one of the stand-out litigation teams in the jurisdiction. They have strength in depth and can always be relied upon to find the right commercial approach in even the most contentious litigation matters.’

‘Alasdair Davidson is a class performer as both an advocate and a strategist. He is my first port of call in the jurisdiction. He is a delight to work with and always responsive.’

‘The team are really proactive and will work the hours that are needed.’

‘Jon Barclay is a brilliant advocate and innovative in his approach to tricky situations. He know the Guernsey bench really well which is invaluable when seeking urgent relief.’

‘The Bedell Cristin team is particularly noteworthy for its technical ability and willingness to provide robust, difficult advice.’

‘Alasdair Davidson stands out as a technically gifted practitioner who, at the same time, offers practical, commercial advice.’

Key clients

BDO

KYRS Global

JT Group

Kent and Reliance Building Society (Guernsey Home Loans)

Trustee of the Madoff Estate

RBC

Rradar Group

Ned Bank

Louvre Group

Grant Thornton

Stewarts Law

Kaupthing EHF

RBC Cees

Louvre Trust (Guernsey) Limited

David Rubin & Partners

Nedgroup

US DOJ

CMS Cameron McKenna

AXA

BNF Capital

Bachmann Marine

Work highlights

  • Acting for Adil Popat in fending off disputed claims between siblings stemming from wealth creation over decades.
  • Representing the interests of a young high-net-worth individual in a matter concerning significant wealth settled into trust by a deceased parent which has resulted in hard-fought technical arguments before the Royal Court and Court of Appeal.
  • Acting for Pilatus PTC as trustee of a trust in an action against RBC Trustees involving breach of trust and negligence during the handover of an underlying corporate structure.

Jersey > Banking and finance Tier 2

Bedell Cristin’s financial services law vertical handles elite lending mandates for institutional clients. Mark Dunlop and the 'calm and highly professional leaderTim Pearce lead on local lending mandates, UK real estate finance and cross-border acquisition financing engagements. Another strength is development finance; practice leader Alasdair Hunter and senior associate Malcolm Ellis advise African development banks on the financing of technology and telecoms projects. The team works with the capital markets colleagues on structured finance mandates. Clients commented positively on the team's knowledge of Islamic finance, and also praise senior associates Louise Hassell and Antony Clerehugh.

Practice head(s):

Alasdair Hunter

Testimonials

‘Tim Pearce and Antony Clerehugh are always available for our calls and delegate our work to a wider team to make the fees easier on our clients on our Jersey/Guernsey matters.’

‘I work with Bedell Cristin on the Jersey, Guernsey and BVI law aspects of several transactions for mutual clients each year. I have a long-established and valued relationship with the banking team. They are responsive, dependable, good value and, crucially, feel like a natural part of the extended deal team.’

‘We have enjoyed a close and strong working relationship with Bedell Cristin in Jersey over the last ten years. They have good knowledge of Islamic finance structures.’

‘Malcolm Ellis provides efficient commercial advice. ’

‘The team is responsive and take possession of issues that our theirs. You could say that they make the going easy – which is great in the heat of a transaction. ’

‘We work closely with Tim Pearce and Louise Hassell who are both excellent – highly responsive, easy to deal with and very knowledgeable of their practice area.’

‘Tim Pearce is a calm and highly professional leader who sets a clear tone of competency in every client interaction and works hard to build rapport with the other legal parties/their clients wherever possible.’

‘Louise Hassell is highly responsive with great depth of knowledge and is able to use these to ensure that the legal process is as smooth and efficient as possible for both sides.’

Key clients

Barclays

Royal Bank of Scotland

Royal Bank of Scotland International

Natwest

Aviva

CIBC First Caribbean Bank

Santander

Andium Homes

Savills Investment Management

Norfund

Jersey Royal Potato Company

Ocorian

Work highlights

  • Advised Norfund on the Jersey aspects of the financing facility of Brighter Life Kenya 1 Limited which will improve energy access for rural Kenyan communities.
  • Provided banking and property advice in Jersey and Guernsey to RBS in connection with the financing of the acquisition by Channel Islands Property Fund Limited of grade-A commercial premises known as Valley House, to be let to Oak Group.
  • Provided banking and property advice to RBS in Jersey in relation to the development financing of a mixed-use significant regeneration project in the heart of St Helier.

Jersey > Commercial property Tier 2

Complex leasing negotiations for tenants (including well-known chains and retailers) and landlords constitute the core of Bedell Cristin’s 'very responsive, technically strong' commercial property practice. Practice head Jeff O’Boyle and 'first-class' associate Hannah Robinson are currently advising on lease and license alterations, complex alcohol permits and title restructures in redevelopment projects. New client Andium Homes recently instructed O’Boyle on the sale of expansive residential portfolios. Jane Needham advises on asset recovery and bankruptcy matters for commercial property lenders.

Practice head(s):

Jeff O’Boyle

Other key lawyers:

Testimonials

‘The team found creative ways to get to answers, were available to turn things around at the pace we wanted and managed to do it with humour and humility.’

‘Hannah Robinson was clear about approach, timelines and her knowledge of the parties we were dealing with. Thankfully we had such a pragmatic person who created such a positive experience despite working remotely. Very approachable – good communication.’

‘Hannah Robinson has been first class in the past year, successfully concluding difficult transactions to our benefit and guiding and reassuring us and providing first-class legal advice every step of the way. Very practical, achieves results.’

‘Very responsive, technically strong.’

‘We have a good relationship with Jeff O’Boyle and Hannah Robinson and have a collaborative approach. If there is an issue they find solutions. They are ambitious and keen to expand their market share, which makes them responsive. They are also good company, which helps in stressful situations.’

‘They are very responsive and provide concise advice in a timely manner. They can provide a lease very quickly due to technology they employ and this is hugely beneficial to our clients. ’

‘They are very approachable and will always give measured advice. They are the most responsive of all firms we work with and one of the first we recommend to clients – Jeff and Hannah. Their client care is second to none.’

‘Having used Bedell Cristin for many property-related works, I have always found them to be an extremely professional and efficient team to deal with.’

Key clients

Andium Homes Limited

Santander Bank Plc

Royal Bank of Scotland International

OneSavings Bank

Produce Investments Plc

St Saviours Realty

ITV

JT (Jersey) Limited

The Little Sisters of the Poor

Work highlights

  • Acting as sole adviser to Andium Homes on sales of affordable housing.
  • Advised RBS on a sterling term loan for the development financing of a key mixed-use regeneration site in the heart of St. Helier.
  • Advised RBS on the property security on a loan facility of £120m, including an extension of £9m, to fund the acquisition of the large office premises occupied by a leading international local law firm.

Jersey > Corporate and commercial Tier 2

Bedell Cristin’s corporate and commercial practice acts on a range of innovative matters, including Guy Westmacott’s work on fundraising endeavours in the medicinal cannabis sector; Sara Johns’ structuring of cash-box deals in the energy and mining sectors; and Martin Paul’s advice on corporate restructuring for newly acquired clients in the litigation funding sector. Practice head Tim Pearce takes the lead on downstream private equity mandates. The team handles UK real estate M&A for a high volume of Middle East-based clients.

Practice head(s):

Tim Pearce

Other key lawyers:

Testimonials

‘Very solid, hardworking team that can stand up to any of the other leading firms in the Jersey market .’

‘Martin Paul is probably the most pragmatic adviser for corporate and funds matters I have come about. Not tied to the usual document churning routine he understands commercial and corporate dilemmas of his clients and manages calmly to provide very considerate, risk-balanced commercial solutions. Also: he actually does urgent core work himself as opposed to delegating everything downwards. I think he is a great dependable asset for any client or board in difficult legal and commercial situations.’

‘We found the team took a multi-faceted approach to each our issues, in many cases coming up with valuable proposals that we never knew were options. Key words I would use the describe the business and team include; experienced, in-depth knowledge, ingenuity, and an ability to paint a detailed picture of each alternative no matter how complex the issue.’

‘Martin Paul is technical, perceptive, and strikes with surgical accuracy.’

‘Responsive and good strength in depth.’

‘Guy Westmacott is commercial and helpful and balances his legal expertise with a practical approach to solving problems.’

‘Hands-on team; very willing and able to assist with often unpredictable and demanding turnaround times requested by clients; very personable and easy to work with; great communication; commercial and practical approach to problem solving.’

Key clients

Arq Limited

Andium Homes

Advisa

Atlantic Leaf Properties

Claranet

CPA Global

Cromwell Europe

Highland Gold Mining Limited

Inflexion

JT Group

Legal & General Pensions Limited

Leonard Green

Partners Group

PNC Financial

Savills Investment Management

90 North

Work highlights

  • Advised Inflexion on its acquisition of Estera, a leading global provider of funds, corporate and trust services, from Bridgepoint.
  • Advised shareholders including Leonard Green & Partners on the combination of the CPA Global group, a leader in IP software and tech-enabled services with more than 12,000 customers, with Clarivate in a deal with an estimated value of $6.8bn.
  • Advised Atlantic Leaf Properties on its £152m acquisition by South Downs Investment LP, a wholly-owned subsidiary of investment funds managed by Apollo Global Management, by means of a Jersey scheme of arrangement.

Dispute resolution Tier 2

Bedell Cristin’s litigation outfit houses stand-out names in contentious insolvency, namely practice head Robert Gardner and Edward Drummond. Of note is the team’s handling of clawback claims in the pharmaceuticals sector. Ultra-high-net-worth individuals are a key client base; David Cadin is representing these clients in high-value shareholder disputes. Recently recruited from Dickinson Gleeson, the 'persuasive and resoluteRobert Christie has a diverse skill set spanning unfair prejudice claims, trust litigation (acting for both beneficiaries and trustees) and multijurisdictional matrimonial proceedings. Associate Sonia Shah assists with contentious probate matters.

Practice head(s):

Robert Gardner

Other key lawyers:

Testimonials

‘I have been engaging both Sonia Minns and Robert Gardner of Bedell Cristin as legal advisors for our case. It has been a very good experience and they have been very helpful and understanding of my situation. They both provide me with great confidence with their understanding of my situation, analytical and communication skills, dedication and integrity.’

‘Robert Christie is exceptional. For the client, he responds quickly and is very good at explaining complex legal issues in plain English; his advice is clear and practical. In court, he is quick on his feet, persuasive and resolute. Highly recommended.’

‘Robert Christie is highly proficient, works hard to get into the details of the case personally. He is very thorough in his approach, ensuring that the important details of the case are not missed. He has adapted quickly and with flexibility to the evolution of the case, with a clear focus on the route to success. He is an absolutely first-class advocate.’

‘Bedell Cristin have a very high profile in offshore commercial and civil fraud work.’

‘Robert Christie is a star individual. He’s a former English barrister. He’s extremely bright and diligent, and an astute strategist. He’s a wonderful addition to the Bedell Cristin team.’

‘The team was client focused and user-friendly.’

‘Edward Drummond and Robert Gardner are superstars in the Jersey insolvency sphere. Both know their stuff and speak to their clients in an engaging manner.’

‘This is my go-to team when for any disputes work in Jersey. I’ve worked with them on complex commercial fraud cases and asset tracing matters and they are always knowledgeable, straightforward and provide useful, client-focused advice.’

Key clients

Creditors committee of Purdue Pharma

Montague Goldsmith AG (in liquidation)

Privat Bank

Harbour Litigation Funding

Energy Investments Global Limited and Heritage Oil Limited

Eagle Properties (No. 14) Limited

Alpen Partners Limited

Minister for Children and Housing

Ocorian Corporate Services

Sundax Limited

Work highlights

  • Acting for an individual in a high-profile claim concerning in excess of $100m and serious allegations against Jersey advocates.
  • Acting for the unsecured creditors committee of Purdue Pharma in Purdue Pharma’s multibillion-dollar Chapter 11 claim.
  • Acting for PrivatBank in pursuing fraud claims in Jersey of over $1.2bn.

Dispute resolution > Regulatory and white-collar crime Tier 2

Bedell Cristin’s regulatory and compliance offering is headed up by Edward Drummond and Martin Paul, who are retained by regulated telecoms and insurance entities to provide competition and broader governance advice. Richard Le Liard contributes financial regulation knowledge. Contentious and non-contentious support concerning limited investment partnerships is a particular strength. Litigation partners Robert Gardner and David Cadin lead on white-collar crime proceedings; recent instructions relate to handling $1bn fraud and criminal freezing orders for multinational banks.

Practice head(s):

Edward Drummond; Martin Paul

Other key lawyers:

Richard Le Laird; Robert Gardner; David Cadin

Testimonials

‘Robert Gardner is consistently very high in his commercial and legal judgement.’

‘The Bedell Cristin team understand our business and are very easy to deal with. They speak to us in plain language that is easy to understand and are always pragmatic in their approach to providing legal advice.’

‘Our business is complex and the team at Bedell Cristin have built up a deep understanding of our business and therefore are able to support us in a way we have not experienced from any other Jersey firm.’

‘Bedell Cristin provides both a flexible and commercial approach to its clients while providing a very professional service.’

‘In all dealings, in respect of complex regulatory matters, advice has been provided in a timely manner whilst remaining straightforward and succinct.’

‘Richard Le Liard stands out – he has been contactable at short notice, is amiable, and shows a high level of knowledge.’

‘This firm provides simple, clear and practical advice. Its strengths are the ability to understand a company’s needs and tailor their advice to ensure that there is a clear balance between the commerciality and practicality of the client’s needs.’

Key clients

JT

Atlantic Leaf

EC Insurance and Markel Insurance

Rradar

Credit Suisse (Singapore)

Privat Bank

Harbour Litigation Funding

Alpen Partners Limited

Oakbridge Fund Services (Jersey) Limited

Work highlights

  • Advising telecoms company JT on a range of complex regulatory and governance matters.
  • Devised a law governing how to hold a scheme meeting during a pandemic as part of a £152m members’ scheme of arrangement for Atlantic Leaf.
  • Acting for PrivatBank pursuing fraud claims in Jersey of over $1.2bn.

Jersey > Investment funds Tier 2

At Bedell Cristin, notable highlights included Richard Le Liard assisting with a spate of sub-fund establishments with an ESG focus, and practice head Martin Paul advising on combined shari'ah-compliant and conventional Jersey limited partnerships. Paul also focuses on real estate funds, including high-value global funds and single-asset structures. Counsel Stephen Ferguson is also recommended.

Practice head(s):

Martin Paul

Testimonials

‘Stephen Ferguson. Diligent, polite, professional.’

‘Richard Le Liard is technically, legally, very strong. He has a broad industry knowledge and is commercially astute. He always meets deadlines and works collaboratively.’

‘Excellent leadership from Richard Le Liard and a responsive team.’

‘Richard and his team fully understand what we are trying to achieve through our real estate investment goals and are keen to make this as easy and smooth as possible for us. We value the responsiveness and quality of their work.’

Key clients

Tishman Speyer

L & G

Trinova

Alicorn / Arowana

Oakbridge

STANLIB

Lombard Odier

Compass Partners

Evans Randall

Work highlights

  • Acted for Stanlib Funds Limited in the establishment of four new global multi-strategy sub-funds with JP Morgan, totalling nearly $600m in assets under management.
  • Advised 90 North on various Jersey real estate investment syndicates/joint ventures and private funds investing in real estate in the UK, Europe and the US.
  • Advised Alicorn, the global venture capital group established by Arowana, in relation to a $6m co-investment in Glassbox Digital, a UK-based enterprise software company that had recently closed a $40m Series C round.

Guernsey > Insurance Tier 1

Bedell Cristin’s insurance practice is a key name for engagements pertaining to insurance-link securities (ILS) and captive insurance structures. Practice head Richard Sharp (who is praised as 'responsive, pragmatic and a pleasure to work with') acts for Guernsey-based managers and European reinsurers, while also obtaining significant referrals through leading London firms. The team also advises on longevity swap transactions and innovative green insurance regulation. Of counsel Mark Helyar is involved in the creation of cutting-edge conversion vehicles in the ILS market, having designed the innovative ‘Fund of One’ concept. Dylan Latimer provides advice on strategic risk solutions and Lee Osborne acts for clients on insurance M&A deals.

Practice head(s):

Richard Sharp

Testimonials

‘Provides knowledge and understanding of ILS industry.’

‘Richard Sharp is a pleasure to deal with and easy to talk to. Communication from the company as a whole has been excellent.’

‘Richard Sharp is super responsive but also available to take calls at any time of day or weekends when it comes to transaction closing and getting the documents finalised. This willingness to go above and beyond is a tremendous asset.’

‘Really great insurance team – know their stuff and get the job done.’

‘Richard Sharp and Lee Osborne were always very responsive and facilitative of tight timelines and very knowledgeable in their respective areas of expertise.’

‘Richard Sharp is responsive, pragmatic and a pleasure to work with.’

Key clients

Artex Risk Solutions

FWU

Aon Insurance Management

Munich Re

First Central Group Limited

Insurance Corporation of the Channel Islands

Robus Group

Falcon Insurance PCC

Work highlights

  • Acted for Munich Re, an existing longevity insurance client, in connection with its role as reinsurer to the £1bn pension risk transfer transaction for the Willis Pension Scheme.
  • Advised Pollen Street Capital on a £200m investment in Markerstudy Group, the fifth-largest motor insurer in the UK.
  • Acted for Goldman Sachs-backed Aston Lark on the acquisition of Neon Sapphire Underwriting.

Jersey > Capital markets Tier 1

Led by the 'highly knowledgeable and experiencedAlasdair Hunter, Bedell Cristin is active in the equity capital markets space, having recently advised numerous REITs on TISE listings. Louise Ridgway was a key associate in these transactions. The team also leads on debt capital markets transactions, including issuances of high-yield bonds, as well as securitisation and structured deals. Elsewhere, utilities and retail companies recently instructed the firm on debt restructurings involving loan note reductions. As a listing agent, the firm advised big-ticket names including Netflix on high-value bond issuances on TISE, and it also handled innovative green bond issuances for numerous corporates.

Practice head(s):

Alasdair Hunter

Other key lawyers:

Testimonials

‘Alasdair Hunter is always available and very user-friendly.’

‘The individuals that we worked with at Bedell Cristin were approachable and responsive. They were engaged with the process and appreciated the timing on the matter. Louise Ridgway was knowledgeable on TISE practice as well as the legal requirements, providing helpful practical advice and guidance to assist in planning the reorganisation we were working on.’

‘They understand the requirements and pressures of big complex deals and work in the same way that we do. This is in my view unique in Jersey.’

‘Alastair Hunter is exceptional. He is highly knowledgeable and experienced.’

‘Very knowledgeable, proactive and great to work with.’

‘A friendly and highly efficient team all working in the same direction.’

‘Alasdair Hunter’s advice is based on the combination of exceptional Jersey and London-based experience.’

Key clients

Netflix Inc

First Quantum Minerals Ltd

Norfund

Morgan Stanley

JP Morgan Securities

Bank of America Merrill Lynch

Red Ventures Limited

Lloyds Bank plc

U.S International Development Finance Corporation

Barclays Bank Plc

Work highlights

  • Advised Norfund on the Jersey aspects of the receivable financing facility of Brighter Life Kenya 1 Limited which will improve energy access for rural Kenyan communities.
  • Acted for Netflix on its latest bond issue which raised €470m to fund content production.
  • Acted for First Quantum Minerals on the listing of $1.5bn senior notes on TISE.

Jersey > Private client, trusts and tax Tier 1

Bedell Cristin’s international private client practice is a go-to choice for high-wealth clients in the Middle East and China; Nancy Chien's fluency in Mandarin assists with the latter. In addition, Chien leads the charge on pensions and employee incentive structures, including ESOPs and hybrid pension plans. Practice head Edward Bennett is an expert in trusts, foundations and international estate planning, and assists next-generation beneficiaries with the gamut of structuring and administration issues. Leading the probate and wills offering, Donna Withers provides specialist knowledge of vulnerable persons’ law. Zillah Howard retired from the partnership.

Practice head(s):

Edward Bennett

Other key lawyers:

Testimonials

‘Bedell Cristin is my go-to legal firm in Jersey.’

‘The key partner I work with is the superlative Nancy Chien: a super-intelligent, talented lawyer qualified in Jersey, the UK and the BVI, so a fantastic local resource.’

‘Innovative, pragmatic, solution-oriented, reliable.’

‘Edward Bennett uses his vast array of experience and knowledge to provide pragmatic, first-rate advice. Always there when you need him. Edward Bennett is always my first port of call when I have a pressing or challenging situation which requires first-rate advice. Edward is also a true gentleman and an absolute pleasure to work with.’

‘Working with a partner who had helped draft the underlying legislation that provided the solution was a huge advantage to us. An innovative, dynamic and pragmatic approach. Detailed technical knowledge and collaborative way of working.’

‘Nancy Chien is responsive and regularly available. She is commercial and proactive, and seeks to build long-term relationships with me and my clients.

‘The team is very strong from top to bottom. The partners and associates are hard working, responsive, and creative. They are also very good with international clients and solving multijurisdictional tax and legal issues. The overall brand of the firm is strong- I always feel confident referring clients to work with this team.’

Jersey > Employment Tier 3

As advocates in Bedell Cristin’s litigation practice, Edward Drummond and David Cadin are well placed to represent employers in tribunal proceedings, including personal injury claims.

Other key lawyers:

Guernsey > Investment funds Tier 4

Recent work for Bedell Cristin’s 'highly knowledgeable' funds practice encompassed closed-ended fund closures, structural changes to existing funds, and downstream investment activity. Joint practice heads Kate Ovenden and Richard Sharp are active in the real estate funds space, and also provide expertise at the cross section of funds and insurance law.

Practice head(s):

Kate Ovenden; Richard Sharp

Testimonials

‘Highly knowledgeable, sophisticated, attention to detail, punctual, good records keeping.’

Key clients

Pollen Street Capital

Catalyst Investment Management (Guernsey) Limited

Inflexion

Schroder Real Estate Investment Trust

Work highlights

  • Advised Inflexion Private Equity on the acquisition of Estera, a leading global provider of funds corporate and trust services, from Bridgepoint.
  • Advised funds client, Pollen Street Capital, on the Guernsey law aspects of structuring its £200m investment, alongside the existing founder team and Qatar Insurance Company, into Markerstudy Group, which is the fifth largest motor insurance provider in the UK.
  • Advising London-listed Guernsey collective investment scheme Schroder Real Estate Investment Trust Limited on various commercial property acquisitions and disposals.

Guernsey > Private client, trusts and tax

Bedell Cristin is a leading offshore law firm with an international focus, operating from Jersey, Guernsey, London, BVI and Singapore. It acts for a wide range of clients, from financial institutions, multinationals, large corporate and high-net-worth individuals, to regulatory bodies, government agencies and private investors. The firm has been providing expert legal advice to the offshore banking and finance industry since the 1960s.

Bedell Cristin’s size, international outlook and strategic positioning mean it is capable of handling legal advice for complex cross-jurisdictional transactions in key offshore finance centres. The firm specialises in banking, corporate finance, structured finance, international private client, investment funds and private equity, insurance, commercial litigation, restructuring and insolvency, regulatory advice and real estate investment transactions. It also provides local legal services, including property law and employment law.

The firm: The firm has an extensive blue-chip client base, including: Adveq Management, Aviva Investors, Axa Real Estate Investment Managers, Cromwell Property Group, Bank of America Merrill Lynch, Barclays Bank, BlackRock Investment Management, Cerberus European Investments, Citigroup, Credit Agricole, Deutsche Asset Management, DZ Bank, Welltower, Inc., Ethos Partners, Family Offices, Goldman Sachs, Green Oak, Harrison Street, HSBC, IK Investment Partners, Legal and General, Lombard Odier, Morgan Stanley, Pacific Equity Partners, Permodalan Nasional Berhad, PGIM, Secure Income REIT, Sovereign Wealth Funds Trustees, Tishman Speyer, UBS, UHNW families, UNITE Group Plc and Westfield.

Types of work undertaken
Banking and corporate: advice is provided to banks with a presence in the Channel Islands, and legal opinions are provided to banks, investment houses and multinationals globally. This group also advises on elements of international M&A transactions, joint venture arrangements, shareholders’ agreements/arrangements, and acquisitions/disposals of Channel Island companies.

Structured finance: this group has a strong reputation in asset-backed finance, having acted as Jersey counsel in some of the most innovative transactions in the market. It also has a busy specialist high-yield and debt listing practice.

Investment funds and private equity group: this group focuses on the establishment and legal servicing of pooled investment structures qualifying as public collective investment funds or non-public collective investment schemes, private equity funds and pension schemes. Sponsorship and listing services in connection with the Channel Islands Securities Exchange are available through Bedell Channel Islands Limited, which is a category 1 sponsorship member of the CISE.

Other offices: BVI, Cayman Islands, Jersey, Guernsey, Singapore

DepartmentNameEmailTelephone
Managing partner David Cadin
Banking Bruce Scott
Banking Tom Davies
Capital markets, securitisation and structured finance Bruce Scott
Corporate and commercial Bruce Scott
Corporate and commercial Tom Davies
Investment funds and private equity Bruce Scott
Investment funds and private equity Tom Davies
PhotoNamePositionProfile
Tom Davies photo Tom Davies  Tom is a partner in the financial services law group based…
Bruce Scott photo Bruce ScottBruce is Partner and heads up the City based arm of Bedell…
Number of UK partners : 21
Number of other UK fee-earners : 72