Bedell Cristin > Grand Cayman, Cayman Islands > Firm Profile

Bedell Cristin
53 MARKET STREET, UNIT 3211
CAMANA BAY, PO Box 1990
GRAND CAYMAN KY1-1104
Cayman Islands

Cayman Islands > Real estate Tier 2

The real estate practice at Bedell Cristin routinely assists major retail banks in Cayman with their real estate financing needs, including advising on high-value secured lending for real estate acquisitions, development projects and portfolio reorganisations. Noted for his ‘deep knowledge of real estate law’, Ian Jamieson  leads the group, which also handles a variety of high-end conveyancing matters, development work and commercial and residential leasings, most notably in the hotel sector. Also highly rated in this space are managing associate Richard Parry , who is a property dispute specialist, and the ‘world-classMichael Sharvin , who joined the group as a senior associate from Ince in 2020 and focuses on residential and commercial acquisitions and disposals.

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Testimonials

‘Ian Jamieson is one of the most hard-working, approachable and helpful individuals in this space. He’s also exceptionally knowledgeable and a great problem solver. Clients love his attitude.’

Michael Sharvin complements Ian Jamieson very well and, while having only been in the jurisdiction for a relatively short period, has already established himself as a very competent practitioner.’

‘Client service is excellent. Getting things done, focusing on the relevant issues and navigating a litany of issues efficiently was the strength. Ian Jamieson was able to come up with new structures to solve complicated legal matters. There is an acute understanding of not running up bills for the sake of running up bills. Always the most efficient path was followed to solve issues.’

‘Ian Jamieson is efficient, pro-active and extremely responsive. Issues were dealt with in an efficient manner and he understands which issues are important and unimportant. He has a deep knowledge of real estate law and has contacts throughout the industry. He was able to apply new structures in the real estate industry to solve legal issues. He was always accessible, also at night and in the weekends and his billings were reasonable.’

‘Local knowledge was excellent. Customer-centric approach, truly representing the customer’s requirements. Well connected with local government departments.’

‘The team is truly full service. As various needs have arisen over the years, Ian has been able to connect me with the required resources at the firm. All have been high quality and impressive.’

‘Ian Jamieson has been my primary contact for years. He understands the firm’s capabilities and resources and is always available for questions.’

‘Exceptional Firm in Cayman. Their expertise and professionalism are second to none. Their reputation is stellar. They have all of the right relationships to get things done efficiently, timely and in a way that keeps the peace. They always deliver exceptional outcomes. Our team is Ian Jamieson and Michael Sharvin. They are the best team. They work on our behalf and we trust them and their advice.’

Key clients

FirstCaribbean International Bank

Scotiabank & Trust

Dart Enterprises

B and B Properties/Hon Development Corporation

Cayman National Bank

Butterfield Bank

RBC Royal Bank

South Cove Club

Work highlights

  • Advised FirstCaribbean International Bank (Cayman) Limited on lending work, both residential and commercial.
  • Acted for ultra-high-net-worth individuals on the purchase of a unit at Seafire, Grand Cayman plus associated financing.
  • Acting for Dart Enterprises Ltd in a number of both contentious and non-contentious matters, the largest of which is the Olea Development.

Cayman Islands > Trusts/private client Tier 2

Overseen by Andrew Miller, who is singled out as a ‘powerhouse in Cayman’ who is ‘heavily involved in working with the Cayman Government and with STEP locally in relation to the laws and legislation’, Bedell Cristin’s international private client offering blends BVI and Cayman advice. It has a particularly strong reputation for advising on complex international wealth structuring issues, whether for high-net-worth individuals or financial institutions. International trust foundations, private holding company issues, succession planning and probate work and immigration and residency issues are among the pillars of the practice. In June 2021, the department welcomed managing associate Fraser Allister, whose practice also encompasses advice on the private wealth dimensions of regulatory frameworks such as anti-money laundering, beneficial ownership and economic substance mandates. Also skilled in trusts and estates matters at the managing associate level is Daniel Altneu .

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Testimonials

‘Close-knit team, very responsive, excellent technical ability and client service. I would highly recommend. They have expertise in dealing with complex international family/trust matters and they were involved with our Cayman Court Blessing and conducted this excellently.’

‘Andrew Miller is a powerhouse in Cayman and well respected internationally. Heavily involved in working with the Cayman Government and with STEP locally in relation to the laws and legislation.’

Fraser Allister and Daniel Altneu provided excellent client service and knew their stuff and are great people to work with.’

‘Andrew Miller is very responsive. He is a safe pair of hands and it is a pleasure to work with him.’

A key team to watch as they grow carefully but quickly; they have attracted some key talents.’

Andrew Miller is one of the most prominent and well-respected lawyers in the sector internationally; he is pragmatic, client first, highly commercial and ready to cross into related sectors such as investment structures. He has an excellent grasp of all of the areas that his clients seek support in. Fraser Allister is one of very few experienced and commercial lawyers in the sector – one to watch as he has just joined the team.’

The Bedell team is able to cover off the whole spectrum of services that trustees and ultra-high net worth individuals need. From trust, family office, private funds, immigration services.’

Andrew Miller’s experience, knowledge and contacts are comparable to any lawyer in Cayman.’

Cayman Islands > Dispute resolution Tier 3

Fielding ‘an excellent group of commercial litigators’, Bedell Cristin demonstrates ‘good strength in insolvency and trust matters’ in particular. Practice head Laura Hatfield  and Kai McGriele  are viewed as ‘excellent practitioners in the industry’, trusted by a range of professional directors and trustee clients. In addition to its longstanding bankruptcy and restructuring practice, the team also handles regulatory enforcement matters, asset tracing cases and shareholder disputes, with particular expertise in multi-jurisdictional issues. Managing associate Richard Parry  provides additional support.

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Testimonials

‘Kai McGriele is very easy to work with.’

‘The Cayman disputes team has good strength in insolvency and trust matters. Kai McGriele is a particular standout; knowledgeable and personable.’

‘Kai McGriele is worthy of specific mention. He has a good market reputation and has an equally good depth of knowledge with respect to insolvency matters.’

‘They are practical, responsive and very capable.’

‘An excellent group of commercial litigators.’

‘Laura Hatfield and Kai McGriele, in particular, are excellent practitioners in the industry.’

A solid dispute resolution team, ably led by Laura Hatfield.’

Laura Hatfield is a helpful, sensible and astute practitioner.’

Key clients

Duff & Phelps (a division of Kroll)

Green Capital LLC

Tyche Investment Holdings Limited

RHSW

KPMG Cayman Islands

Meridian Trust Company Ltd.

Krys Global

Sjunde AP-Fonden and Louisiana Sheriffs Pension & Relief Fund

Inspire Risk Technologies Ltd

Scotiabank and Trust (Cayman) Ltd.

FirstCaribbean International Bank

Quantum Leben

Suntera

JG Gallagher/ Artex Risk Solutions Inc.

Chris Johnson Associates Ltd.

Cayman Islands Institute of Professional Accountants

Kalo Advisors (and predecessor entities)

Citco Global Custody N.V

Skandinaviska Enskilda Banken AB (Publ)

PriceWaterhouseCoopers

Ernst & Young

Grant Thornton

Deloitte Cayman

FTI Consulting

Work highlights

  • Acted for Sjunde AP-Fonden and Louisiana Sheriffs Pension & Relief Fund in Federal Class Action In Re Luckin Coffee Inc, advising on Cayman Islands Provisional Liquidation of Luckin Coffee Inc and proposed Scheme of Arrangement to compromise shareholder creditor claims under Federal Securities Act.

Cayman Islands > Banking, finance and capital markets Tier 4

Building upon a transitional phase following the firm’s 2018 merger with Solomon Harris, Bedell Cristin’s financial services law team primarily handles fund financings, secured lending mandates, debt financing issues and listing work on the Cayman Islands Stock Exchange and international stock exchanges. Ian Jamieson  and Joss Morris jointly lead the practice, which in 2020 saw the arrival of Stephen Nelson from Collas Crill as well as the retirements of Sophia Harris and Nick Reid. Associate Eugene Reavey is also considered an skilled practitioner in this space.

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Testimonials

‘This team was highly responsive and provided excellent levels of service on a time-sensitive and complex transaction. They demonstrated significant levels of understanding of the business and were integral in helping us gain an understanding on potential enforcement proceedings and regulatory complexities that were ultimate key in adequately assessing the commerciality of the transaction.’

‘The availability of the staff was exceptional. It can be hard to find foreign counsel in any jurisdiction who prioritise your work and react to challenging time-frames but in this instance Bedell Cristin and in particular Eugene Reavey really delivered.’

Cayman Islands > Corporate and commercial Tier 4

Bedell Cristin’s corporate team advises a mixture of local and international clients on corporate and commercial matters. Among the key areas of strength are M&A deals, joint ventures and group restructurings. Joss Morris leads the group, which in 2020 saw the arrival of Stephen Nelson from Collas Crill as well as the retirements of Sophia Harris  and Nick Reid .

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Cayman Islands > Investment funds Tier 5

Providing innovative solutions for funds registered in Cayman’, Bedell Cristin is instructed in a variety of fund formation and transactional matters, especially for hedge funds and private equity funds, with an emphasis on closed-ended funds. In addition, the practice also acts for institutional investors, most notably some of the largest Canadian pension funds. The key names to note are practice head Joss Morris and Stephen Nelson, who joined from Collas Crill in 2019 and 2020 respectively.

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Testimonials

‘Providing innovative solutions for funds registered in Cayman.’

‘Stephen Nelson (partner) and Laura Smalley (associate) – good teamwork.’

‘I’ve worked primarily with Joss Morris and Laura Smalley in the Cayman Islands office. I enjoy working with them because I find them knowledgeable, responsive, and practical. I can come to them with a business need and they provide the necessary legal solution for that business need. I appreciate that they are willing to work with me in varying degrees of engagement, from them just providing the minimum necessary Cayman touches to primarily US documents, or working on a project from top to bottom.’

A full service commercial law firm specialising in international offshore work with a number of niche specialisms. Standing among the leading law firms in the Cayman Islands, its mission statement is to provide effective offshore legal solutions, promptly and efficiently. Clients include international financial institutions, public and private companies, high net worth individuals, major onshore law firms, accountancy firms and other advisory firms. The firm has been consistently recommended in <i>Legal 500, Chambers Global, Global Counsel 3000 and IFLR 1000</i>.</p><p>Main practice areas are: banking, capital markets and SPV’s, captive insurance, commercial litigation and dispute resolution, e-commerce, investment funds including hedge funds, private equity funds and real estate funds, local licensing, mergers and acquisitions, real estate (including construction law, leases, development, timeshares and financing), regulatory compliance, restructuring/insolvency, structured finance (including securitisation), wealth management (including trusts), wills, probate/estate matters.