Simcocks > Douglas, Isle Of Man > Firm Profile

Simcocks
RIDGEWAY HOUSE
RIDGEWAY STREET
DOUGLAS
IM99 1PY
Isle Of Man

Isle of Man > Private client, trusts and tax Tier 1

Private client work is a foundational practice area for Simcocks, with the firm’s chief executive Phil Games overseeing the team. Games is a qualified Commissioner for Oaths and Notary Public, with expertise spanning across estate planning issues, trusts, probate and pension matters. Louise Byrne is a key name for contentious work, particularly in relation to divorce cases involving high-net-worth individuals. Another key name for litigation is associate Kevin O’Loughlin, who is highly skilled in trust disputes. Associate Caroline Jennings, who focuses on family law, is also recommended.

Practice head(s):

Phil Games

Testimonials

‘The Team at Simcocks has a diverse range of expertise. They are friendly, approachable and down to earth and we enjoy working with them.’

‘We have tremendous respect of the the advocates at Simcocks and in particular deal with Phil Games on a regular basis. We find Phil to be extremely knowledgeable and experienced in his field and able to give pragmatic, innovative and cost effective advice whilst meeting deadlines which can sometimes be quite challenging.’

‘All in all a very user friendly team with excellent knowledge and response times.’

‘Kevin O’Loughlin is very knowledgeable, user friendly and always available.’

‘Simcocks are one of the leading law firms on the IOM – they provide both business and private clients with a full offering of legal services.’

‘They have an excellent team of lawyers who provide specialist advice and advocacy services and are collaborative, user-friendly and approachable as well as being creative and cost-effective in providing clients with solutions to legal problems.’

‘Kevin is extremely knowledgeable and has extensive experience of the corporate and private client fields; as well as providing professional trustee clients with specialist advice with the administration of trusts. His expertise is well honed having previously worked in-house at a fiduciary company and made very good connections from working in that industry. He is also involved with the committee structure of STEP Isle of Man.’

Work highlights

  • Advising the UK trustees of a trust on an application to court to rectify the trust to include a missing settlor exclusion clause, making application including hearing.
  • Advising the trustee in relation to an application to court by the settlors of two EBTs to set aside the contributions to the trusts on the basis of equitable mistake.

Isle of Man > Banking, finance and capital markets Tier 2

Simcocks, which acts as Manx counsel with Magic Circle and prominent UK law firms, has a varied workload that covers asset and acquisition finance, as well as asset securitisation and project development. Alex Spencer, who leads the team, counts major UK and European banks as key clients. He is supported by David Spencer, who is an expert in general banking, ship finance and insurance. Irini Newby is highly skilled in corporate finance.

Practice head(s):

Alex Spencer

Other key lawyers:

Testimonials

‘We have used Simcocks on a number of transactions over the last few years and they know what we need and produce everything on time and to a great standard – we know that once we instruct them they will make sure that their part of the transaction will get done, and on time.’

‘Alex Spencer is the director that we work with on all our deals. He ensures that everything happens when it needs to and when any issues have arisen he is able to make sure that they are resolved quickly and do not hold up the deal.’

‘Simcocks Advocates are a highly professional legal practice – knowledgeable, adaptable, collaborative and commercial. Able and willing to work with their customers, understand the issues and provide the best advice and outcome.’

‘Alex Spencer – Incredibly knowledgeable and responsive, first port of call for all our commercial and corporate matters. Absolute pleasure to work with and will go that extra mile to deliver a service that is second to none.

‘They will go an extra mile and make sure that you feel looked after very well. ’

‘Alex Spencer knows what he is doing and has your back.’

‘A really helpful team which digs into the detail of a transaction while giving really practical, commercial advice.’

Isle of Man > Commercial property Tier 2

Simcocks' team is skilled in handling a wide array of commercial property work, such as acquisitions and disposals, leases, financing and development agreements. Irini Newby, who heads up the commercial property practice, has experience of the office, industrial, retail and leisure sectors in both the Isle of Man and England.

Practice head(s):

Irini Newby

Key clients

Tevir Properties Limited

Work highlights

  • Acted for Tevir Properties on the purchase of a substantial property.

Isle of Man > Corporate and commercial Tier 3

Simcocks stands out for its expertise in advising corporate and fiduciary service providers, with a client list containing top UK law firms. Practice head Irini Newby has broad expertise across corporate and commercial work, with additional expertise in complementary areas including property and employment mandates. She is supported by Alex Spencer, who specialises in corporate acquisitions and disposals, as well as public listings. Associate Kevin O’Loughlin, who advises trust providers on corporate and commercial work, is also recommended.

Practice head(s):

Irini Newby

Other key lawyers:

Testimonials

‘The team at Simcocks provide a wide range of corporate and commercial experience. They work efficiently and turnaround times have been remarkable.’

‘Alex Spencer was the partner who led the team on the sale of my business. He provided useful advice and markers for the process from start to finish. As a result I knew what to expect during the negotiations and at each turn in the discussions was well prepared for the outcome. The sale process and the regulatory requirements relating to the sale went without a hitch.’

‘Our Company is quite complex and it has therefore been a great help that over the last ten years that I have used Simcocks and I have always dealt with the same people. They know the business, they can respond to requests quickly and we have a good working relationship.’

‘I have mainly worked with Alex Spencer and Kevin McLoughlin. Their in-depth knowledge of the IOM Company Law has assisted our Company through many complex transactions.’

‘Incredibly responsive, commercial, efficient and personable.’

‘Alex Spencer is very personable, commercial and responsive.’

Key clients

Charterhouse Lombard Limited

DAC Beachcroft

Shepherd Wedderburn LLP

Schroders

Work highlights

  • Advising Charterhouse Lombard on the methods of merging various companies within the group.
  • Advising Charterhouse Lombard on the acquisition of a fiduciary services business.
  • Providing advice to Schroders in connection with a bond issued by Canada Life International Assurance.

Isle of Man > Dispute resolution Tier 3

Simcocks’s dispute resolution practice is led by Chris Brooks, who acts as a freelance consultant. His workload includes advising on commercial litigation, shareholder disputes, as well as obtaining injunctive relief and freezing injunctions. Elizabeth Simpson is another key name; she is noted for her expertise in fraud, insurance claims and shipping disputes. Associate Caroline Jennings, who focuses on family law, is also recommended.

Practice head(s):

Christopher Brooks

Testimonials

‘Simcocks provides an exceptional service to its clients. ’

‘The firm combines non-contentious and litigation expertise. They work unusually well together and are able to provide a seamless service to clients as a result. Unusually collaborative with counsel and clients, and have made best use of technology as a result of the pandemic. Frequent video consultations involving contentious, non-contentious lawyers, clients and counsel have ensured very effective case-handling with an eye on the bigger commercial picture.’

‘Chris Brooks wears his expertise lightly, and is an able and effective team player. He clearly has an excellent rapport with clients who rightly trust him.’

‘Elizabeth Simpson has an excellent grasp of legal principle and a very logical mind. She is also readily available, responsive, and friendly with clients. She has a great ability to build a strong rapport at speed. In the small world of Manx advocates, I consider her to be a stand-out lawyer. ’

‘Elizabeth Simpson has substantial experience of acting for life assurance companies.’

‘Elizabeth Simpson is an experienced commercial litigator who is very good with clients, with shrewd judgement as to case strategy.’

‘Simcocks are clearly a market leader in offshore and financial services work in the Isle of Man legal market. They have strength in depth and a lot of individual specialists.’

‘I work with Elisabeth Simpson who is very diligent and hardworking and in command of the detail of local financial services law. She is an excellent litigator with strong commercial and strategic instincts. She is also very client-friendly and great to work within a team.’

Work highlights

  • Obtained emergency injunction for minority shareholder who had been deprived of their share under purported reliance on Shareholders’ Agreement.
  • Contesting a freezing injunction for a local company that owns an aircraft with Russian beneficial owners. Also successfully defended application to appoint an interim receiver.
  • Handled a professional negligence counterclaim in respect of a debt matter which was struck out at the disclosure stage.

Isle of Man > Insurance and pensions Tier 3

Simcocks has particular expertise in insurance regulation, as well the amalgamations, winding up and insolvency of insurance companies. The team is also highly skilled in handling the establishment of pension schemes, as well as restructurings and mergers. David Spencer leads on the insurance side and has carved a particular niche in advising on marine insurance. Pensions law is primarily handled by Phil Games, who has expertise in commercial and corporate work within that field.

Practice head(s):

David Spencer; Phil Games

Work highlights

  • Advised Equilibrium Pensions Limited on winding up a pension scheme.

Simcocks is one of the longest established law firms in the Isle of Man, having formed an enviable reputation due to its expertise and experience. Founded in 1949 by Alfred Howard Simcocks, the law firm in the heart of the British Isles has grown from strength to strength.

The firm: With a reputation for delivering exceptional results for clients, the firm’s team of dynamic advocates adds real value to each and every case. Simcocks has a commitment to building and fostering strong relationships and, as well as offering a premier service, its lawyers are easy and straightforward to deal with.

The depth and range of the firm’s lawyers’ expertise and experience generates many complex referrals and it is regularly instructed by magic circle and silver circle firms. The group is strong on litigation support as well as transactional, restructuring and complex advisory work.

The firm’s results-driven service has the strength and ability to advise private individuals, Isle of Man-registered companies, multinationals, SMEs, regulators and NGOs. The team of advocates is approachable, dynamic, and highly recommended by Chambers and Partners and The Legal 500.

Types of work undertaken: Simcocks is a leading law firm based in the Isle of Man. Types of work undertaken include:

Banking and finance: Simcocks’ banking and finance team advises banks, financial institutions and corporates on all areas of finance including general bank lending, project finance, property finance, acquisition finance, asset securitisation and structured finance.

Corporate and commercial: specialists in corporate restructuring, mergers and acquisitions, the acquisition and disposal of business undertakings, the formation of new companies, general and limited partnership matters, joint ventures and shareholder agreements, shareholder and partner disputes, regulatory compliance, pensions, banking and capital markets including AIM listings and corporate legal opinions.

Litigation and dispute resolution: whether dealing with a multi-national corporation or a private client, Simcocks’ litigation and dispute resolution advocates adopt a commercially realistic approach to bring each case to an efficient and practical conclusion.

Property: work is undertaken on all aspects of development, retail, construction and planning, including advising high-net-worth individuals on all aspects of estate planning.

Private client: the private client team regularly works with law firms in the UK and overseas to provide Isle of Man advice on estate planning for clients with multinational holdings. The team has experience as trusted advisors to high-net-worth families.

eGaming: Simcocks deal with regulators in connection with grant of licences, obtaining opinions on the legality of new schemes, and negotiating and drafting commercial partnership agreements.

Shipping: the firm has considerable expertise delivering advice on the legislation, regulatory and commercial issues connected with this sector.

Intellectual property: Simcocks advises on contentious and non-contentious issues arising in connection with computer and software licences, trade mark registrations and disputes, copyright issues and design rights and patents.

Family law: the firm is committed to the constructive resolution of family disputes, including divorce and separation and preparing prenuptial and postnuptial agreements.

DepartmentNameEmailTelephone
AIM Alex Spencer
AIM Kevin O'Loughlin
Banking & Finance Alex Spencer
CEO Phil Games
Civil Litigation Chris Brooks
Collective investment schemes or mutual funds Alex Spencer
Collective investment schemes or mutual funds David Spencer
Commercial Litigation Chris Brooks
Corporate & Commercial Irini Newby
Corporate & Commercial Alex Spencer
Corporate & Commercial Janice Turnbull
Corporate & Commercial Sarah Wolter
Dispute Resolution Caroline Jennings
eGaming Alex Spencer
Employment Chris Brooks
Employment Irini Newby
Estate Planning Phil Games
Family Law Caroline Jennings
Family Law Louise Byrne
Immigration Winston Taylor
Insurance Elizabeth Simpson
Insurance Kevin O'Loughlin
Notarial services Phil Games
Pensions Kevin O'Loughlin
Pensions Phil Games
Personal Injury Winston Taylor
Planning Irini Newby
Private Client Phil Games
Property – commercial and residential Irini Newby
Property – commercial and residential Taryn Pyle
Restructuring and insolvency Alex Spencer
Shipping and aviation Alex Spencer
Shipping and aviation David Spencer
Trusts Janice Turnbull
Trusts Kevin O'Loughlin
Trusts Phil Games
Wills Caroline Jennings
Wills Phil Games
Number of UK partners : 4
Number of other UK fee-earners : 16

Testimonials for Chris Brooks:

“I appreciate the high quality advice I have received and thought Chris did an excellent job presenting and arguing the points in court.” – Client

“Your professional assistance is really impressive. It’s our pleasure to cooperate with you for this matter, and if we or our colleagues need legal assistance in Isle of Man in the further, you would be our first choice and we would definitely recommend you.” – Law Firm


Testimonials for Caroline Jennings:

“There were times when I would arrive on my knees but I always left feeling empowered and reassured”. – Client

“prompt, professional, personal and exceeded my expectations (and I have at least two ex-wives who will attest to the fact that I’m not easily pleased).” – Client