Firm Profile > Carey Olsen > Tortola, British Virgin Islands

Carey Olsen
RODUS BUILDING
ROAD REEF MARINA, PO BOX 3093
ROAD TOWN, TORTOLA
British Virgin Islands

Dispute resolution Tier 3

With additional support from its London, Hong Kong and Singapore offices, the BVI disputes resolution team at Carey Olsen handles a diverse range of disputes. Alongside its fraud and asset-tracing capabilities, the group is also instructed in a steady flow of corporate and commercial disputes, trust litigation and shareholder disputes. Former practice head Ben Mays left the legal profession in mid-2020 and was replaced as group leader by former Maples Group litigation group co-head Alex Hall Taylor QC.

Practice head(s):

Other key lawyers:

Testimonials

‘The cross-over Insolvency/Corporate Finance/Restructuring skills of Sharon Mungall are coming increasingly to the fore. We have had Sharon (as part of a wider team) assist with a number of matters now and the feedback from partners across our international restructuring practices is all extremely positive.’

‘Excellent service, very good attention to detail. Commercial approach. Sensible advice.’

‘Alex Hall Taylor is a great hire.’

‘Alex Hall Taylor is an excellent practitioner and advocate and will do great things for Carey Olsen.’

‘Carey Olsen provide a seamless service between London and the BVI. I have instructed Carey Olsen on a complex asset recovery matter. It is a great advantage to offer clients BVI law advice from it’s London office. This is thanks to having talented lawyers in London who have lived and worked in the BVI. They clearly have a close integration between the two offices. The firm offers a very much partner-led approach and is the go-to firm for high value cross border disputes.’

Key clients

FRP Advisory as administrators of Blackbrook Asset Management Limited

Ben Oldman Special Situations Fund

Borrelli Walsh

Ciban Management Corporation

EY (Ernst & Young)

KPMG

Joint liquidators of Oscatello and related BVI Companies (Tchenguiz litigation)

Liquidators of Chesterfield United and others

Peak Hotels and Resorts Group Limited

Key Platinum Holdings Limited

Federal Republic of Nigeria

Regulatory and compliance Tier 3

As part of the firm’s corporate practice, Carey Olsen’s regulatory team advises on economic substance and anti-money laundering obligations, and also has experience assisting with the registration and de-registration of investment funds. Headed up by Clinton Hempel, who splits his time between South Africa and the BVI, the corporate department advises approved managers, regulated funds, global institutions, boutique providers, directors and former directors on investigations and regulatory regimes. Counsel Elizabeth Killeen focuses on regulatory issues and also regularly advises trust companies and registered agents in the BVI on regulatory and reporting requirements, particularly in relation to economic substance.

Practice head(s):

Other key lawyers:

Key clients

TMF (B.V.I.) Ltd.

Tricor Services (BVI) Ltd.

Newhaven Group Limited

Praxis

Sable Trust Limited

Carey AG

Landmark Management

Chorus Group Limited

Banking, finance and capital markets Tier 4

Led by BVI managing partner Clinton Hempel, who divides his time between South Africa and the BVI, Carey Olsen has considerable expertise in real estate finance transactions. Leveraging expertise from the firm’s Jersey and Guernsey offices, the group is particularly active in transactions with UK origins. The practice is also notably active in refinancing mandates. Other key practitioners in the team include counsel Sharon Mungall, who handles start-up financing matters in emerging markets, and fellow counsel Elizabeth Killeen.

Practice head(s):

Other key lawyers:

Testimonials

‘Practical, responsive and considered.’

‘Elizabeth Killeen – leading thinker but very pragmatic and helpful. Very organised.’

‘Elizabeth Killeen is highly proactive and reacts quickly to client deadlines. She looks ahead to see potential issues and steers around them.’

‘Liz Killeen is very dynamic and commercial. She is incredibly responsive and thinks outside the box to help resolve any issues.’

‘The practice has dedicated team members who understand the client and their specific process. The quality of their work stands out, including the extensive knowledge and integrity.’

‘The team members show astounding dedication to provide the client with quality feedback, with attention to details, integrity, quality, no bias, and even sometimes going beyond the scope to provide useful feedback by highlighting noteworthy items.’

‘I have worked with Sharon Mungall (Counsel) who has assisted in various banking matters. She is responsive, knowledgeable and delivers great service.’

Corporate and commercial Tier 4

Carey Olsen’s corporate team is particularly active in complex cross-border M&A instructions involving BVI entities. The team also has a track record in advising BVI-registered clients that are listed on the London Stock Exchange and other exchanges on a wide range of corporate and commercial issues. Clinton Hempel, who divides his time between South Africa and the BVI, is managing partner of the BVI practice group, which counts counsels Elizabeth Killeen and Sharon Mungall as key practitioners to note.

Practice head(s):

Testimonials

‘Responsive and knowledgeable. I work with Sharon Mungall (Counsel) and rate her very highly. She is responsive and good technically.’

‘Clinton Hempel is one of the most experienced BVI practitioners.’

‘Clinton Hempel and his significant experience with BVI matters, he is very commercial in his approach and understands what the client is seeking to achieve.’

‘The corporate and commercial team is highly experienced and technically astute. Importantly, their team is approachable and acts as both an advisor and a sounding board. They are open to discussing ideas and developing, in partnership with the instructing parties, strategies to progress matters in a timely manner. They are also also commercially excellent and offer added value in terms of both formal advice and ad-hoc discussions.’

‘Their team also includes individuals (for example Sharon Mungall) who are well versed in acting on insolvency specific matters. Sharon brings both her practical and technical expertise to the table when dealing with insolvency matters, resulting in both issue specific and cost effective delivery. Whilst Sharon is not afraid to jump into the trenches, she brings a calming air of authority which is well received by instructing parties when dealing with time sensitive matters that can often be fraught with complexity.’

Key clients

Tricor Services (BVI) Limited

TMF Group (BVI)

Scorpius Fund

Vela Fund

Stride Gaming plc

Corsair Capital

Praxis

Newhaven Group

The firm

With a heritage that dates back to 1898, Carey Olsen is one of the most established and distinguished offshore law firms, advising on Bermuda, British Virgin Islands (BVI), Cayman Islands, Guernsey and Jersey law across a global network of nine international offices.

Carey Olsen’s BVI office opened in 2013 and has quickly grown to become one of the leading international legal practices in the BVI, focussing on international commercial transactions, dispute resolution, investment funds and offshore structures involving BVI companies.

The BVI practice is managed by partner Clinton Hempel, supported by senior lawyers with significant BVI and international experience.

Areas of practice

Carey Olsen offers clients the full range of legal advice relating to the following services:

  • Banking and finance
  • Corporate and commercial
  • Dispute resolution and litigation
  • Investment funds
  • Regulatory
  • Restructuring and insolvency
  • Trusts and private wealth

Carey Olsen has the international experience to provide accurate, efficient legal services for all transactions involving the BVI, including where BVI entities form part of a wider multi-jurisdictional structure. We also provide clients with access to BVI company management services through our affiliate CO Services.

We work alongside all the major international law firms, accountancy firms and insolvency practitioners and our clients include global financial institutions, investment funds, private equity houses, multi-national corporations, sovereign wealth funds, high net worth individuals, family offices, directors, trustees and private clients.

We also have BVI-qualified lawyers in our Hong Kong, Singapore, London and Cape Town offices ensuring we are able to provide BVI legal advice across all time zones.

Department Name Email Telephone
Trusts and private wealth Bernadette Carey
Banking and finance Clinton Hempel
Corporate and commercial Clinton Hempel
Investment funds Clinton Hempel
Regulatory Clinton Hempel
Dispute resolution and litigation Alex Hall Taylor
Regulatory Alex Hall Taylor
Restructuring and insolvency Alex Hall Taylor
Corporate and commercial Elizabeth Killeen
Banking and finance Sharon Mungall
Photo Name Position Profile
 Simon Hall  photo Simon Hall Simon Hall is counsel in Carey Olsen’s BVI Dispute Resolution and Litigation team.…
 Alex Hall Taylor photo Alex Hall Taylor Alex Hall Taylor is a barrister, Queen’s Counsel, partner and head of…
 Clinton Hempel  photo Clinton Hempel Clinton is the managing partner of Carey Olsen’s British Virgin Islands practice…
 Jude Hodge  photo Jude Hodge Jude is Counsel in Carey Olsen’s corporate practice based in the British Virgin…
 Elizabeth Killeen  photo Elizabeth Killeen Elizabeth is counsel in the corporate practice of Carey Olsen and specialises…
 Katrina Lindsay  photo Katrina Lindsay Katrina advises on a broad range of funds, corporate finance and real…
 Anthony McKenzie  photo Anthony McKenzie Anthony is the head of our corporate practice in Singapore and has…
 Johanna Murphy  photo Johanna Murphy Senior Associate
 Tim Wright  photo Tim Wright Tim is a partner in Carey Olsen’s British Virgin Islands (BVI) Dispute…
Partners : 2