Carey Olsen > Grand Cayman, Cayman Islands > Firm Profile

Carey Olsen
Cayman Islands

Cayman Islands > Dispute resolution Tier 2

Noted for its cross-jurisdictional capabilities, which have resulted in an uptick in instructions from Asia, Carey Olsen’s practice handles a diverse range of contentious work but is especially skilled in the fields of restructuring and insolvency. The group also acts in commercial litigation, which among the key areas of focus for financial services expert Sam Dawson , while Bernadette Carey  specialises in contentious trust work; Dawson and Carey are praised as ‘two of the best litigators in Cayman‘. Additional standout names are Peter Sherwood , who frequently advises on large-scale restructurings, and Denis Olarou , who made partner in July 2021. Former practice head Jan Golaszewski is now based in the firm's London office.


‘CO Cayman is really going places. They do a lot of China-related work.’

‘Sam Dawson is an old hand with much Cayman experience.’

‘Sam Dawson (for commercial disputes and insolvency) and Bernadette Carey (for trusts) are two of the best litigators in Cayman. I trust and respect them both immensely. Two of the best bets one can make in Cayman if you are involved in a dispute.’

Very experienced, commercial team and, most importantly, with restructuring / insolvency rather than simply dispute backgrounds.

Peter Sherwood is highly commercial with deep restructuring background.’

Denis Olarou is very strong technically on discovery.’

Key clients

T. Rowe Price

Burlington Loan Management / Davidson Kempner

San Miguel Holdings Corp.

Great Simplicity Investment Corporation

Grant Thornton





FTI Consulting

Catalyst Investment Management Company

EFG Bank

Daiwa Capital Markets

Rawlinson & Hunter

Genesis Trust & Corporate Services Ltd

Ritchie Capital Management LLC

Daiwa Capital Markets Europe Limited

Founders of Weride Inc.

Work highlights

  • Advised Abraaj Holdings on its successful (and heavily contested) application to appoint provisional liquidators and subsequently instructed by the provisional liquidators from PwC.
  • Acting for an Ad Hoc Group of bondholders in Luckin Coffee Inc. in relation to their $460m claims in the provisional liquidation of Luckin Coffee Inc., one of the largest coffee outlets in PRC.
  • Acting for Global Cord Blood Corporation in a valuation dispute brought by one of its minority shareholders, Jayhawk Capital Management LLC.

Cayman Islands > Trusts/private client Tier 2

As ‘undoubtedly one of the strongest private client firms in Cayman', Carey Olsen handles contentious and non-contentious private client matters. Instructed by a variety of high-net-worth individuals, families and trustees, the team is led by Bernadette Carey , who ‘clearly demonstrates her expertise whilst being incredibly pleasant to deal with’, standing out for her knowledge of wealth structuring and estate planning matters, probate issues, trust litigation and estate litigation, among other types of cross-border private client disputes. Principally focused on mandates concerning the establishment and administration of trusts and trust structures, counsel Graham Stoute  is commended for ‘an academic’s depth of understanding of trusts and the private client world’. Elsewhere, fellow counsel Chris Duncan ’s practice emphasises trust restructurings.

Practice head(s):

Other key lawyers:


‘The team is incredibly responsive, personable and easy to approach. They are proactive in engaging with clients and community stakeholders, with a focus on building relationships and a high level of trust. They are active members of the corporate community, working toward the betterment of the industry and the jurisdiction. They are well respected for their expertise and competence.’

‘Bernadette Carey clearly demonstrates her expertise whilst being incredibly pleasant to deal with and approachable. Her genuine enthusiasm for her work and client service is evident. She is tireless in her client service delivery, collaboration with colleagues and civic involvement. She is a leader in the research and thought leadership/opinion papers she produces.’

‘Very professional. Very technical. Cost conscious. Deliver on time. Communicate well.’

‘Reliable. Technical. Good communication. Pleasure to deal with. Personable.’

‘They are a highly regarded international brand building a team of exceptional private client lawyers. They are very user-friendly and knowledgeable. The firm has made top drawer lateral hires.’

‘Bernadette Carey and Graham Stoute are both exceptional in very different ways giving the team a diverse strength. Bernadette is very clever, good in court and excellent with clients. She has a great practical grasp on her subject matter. Graham has an exceptional academic mind and an academic’s depth of understanding of trusts and the private client world; his understanding of Caribbean law and history generally is extraordinary and perhaps unmatched.’

‘Carey Olsen is undoubtedly one of the strongest Private Client firms in Cayman.’

‘Bernadette Carey is outstanding.’

Cayman Islands > Banking, finance and capital markets Tier 3

Heralded for its ‘breadth of knowledge, as well as engagement with the local community and governmental authorities‘, the banking and finance team at Carey Olsen has been proven to be adept in a number of different areas, most notably acquisition finance, aviation finance, corporate lending and fund finance matters. Taking the lead on many of the group’s noteworthy aviation finance and asset finance matters is the ‘diligent and knowledgeableRichard Munden , whereas Alistair Russell  is a trusted name for project finance and fund finance matters. Elsewhere within the department, Nick Bullmore  concentrates on structured finance mandates, Jarrod Farley  focuses on investment fund-related matters, and counsel Dylan Wiltermuth  is increasingly prominent in the capital markets space.

Other key lawyers:


This team’s breadth of knowledge, as well as engagement with the local community and governmental authorities, make it an indispensable partner to our business.’

Richard Munden is diligent, knowledgeable, and runs with projects which significantly reduces the pressure on the in-house counsel with which they work.’

Key clients


Work highlights

  • Acted as Cayman counsel on a number of tender and private exchange offers for Transocean as issuer bonds.

Cayman Islands > Regulatory and compliance Tier 3

Led by Nick Bullmore  and Jarrod Farley , Carey Olsen’s team advises a mix of banks, corporates, investment managers, family offices, fund administrators and trust companies on various regulatory and compliance regimes that affect Cayman entities. Recently, it has assisted clients with new obligations relating to FATCA/CRS, country by country reporting, beneficial ownership registers, economic substance, and anti-money laundering and sanctions issues. It also has expertise in the Securities Investment Business Law, Mutual Funds Law and Private Funds Act regimes, along with the regulatory aspects of M&A.

Practice head(s):

Key clients

Harmonic Fund Services

Tzur Capital Management

Cayman Islands > Corporate and commercial Tier 4

Noted for its track record in representing London Stock Exchange-listed companies, Carey Olsen’s corporate team primarily handles public and private M&A transactions, corporate restructurings, private equity transactions and specialist shareholder advice. It is particularly active in the private equity space, where it advises on M&A, fundings, recapitalisations and divestments which involve Cayman Island incorporated companies. Managing partners Nick Bullmore  and Jarrod Farley , as well as finance specialists Richard Munden  and Alistair Russell , all have vast experience in this area.

Practice head(s):


‘I find the team to be top drawer for corporate work. Highly detailed. Overall the practice takes a very collegiate approach which is very unusual at offshore firms but it means that as a client we always feel highly supported.’

‘Richard Munden is excellent in terms of technical ability, is highly responsive and quick to spot the relevant issues. He is our go-to for anything complex. ’

Key clients

Evonik Industries

Dart group

Emergent Capital




London Stock Exchange

Maximus Technologies



Ray Lab

Take Blip

Work highlights

  • Advised the London Stock Exchange group on its public acquisition of Refinitiv.
  • Advising the Dart group of companies on its participation in the first public-private partnership (PPP) transaction in the Cayman Islands.
  • Advised Mexican online used vehicle platform Kavak on its successful Series D funding round of $485m, which valued the company at $4bn.

Cayman Islands > Investment funds Tier 5

Carey Olsen’s investment fund group, which is jointly overseen by managing partners Nick Bullmore  and Jarrod Farley , regularly advises domestic and international investment funds on high-value launches, fund financing issues, downstream transactional work and regulatory and compliance requirements. Another active adviser in this space is Alistair Russell .

Practice head(s):

Other key lawyers:

Key clients

Balbec Capital

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, Cayman Islands, Guernsey and Jersey law across a global network of nine international offices.

The Cayman Islands practice is managed by partner Nick Bullmore, supported by senior lawyers with significant Cayman Islands and international experience. The team has been hand-picked to bring together leading specialists in investment funds, corporate and commercial, finance, insolvency, dispute resolution, real estate, trusts and local business licensing.

The office has grown rapidly since its launch in 2012, quickly establishing its credentials with leading onshore law firms and with both institutional and non-institutional clients in the Cayman Islands and internationally.

We work with an extensive range of clients including directors, global financial institutions, investment funds, multi-lateral lending agencies, private equity houses and private individuals, including entrepreneurs and trustees.

Our clients have become accustomed to a responsive, partner-led service that provides timely and high-quality legal advice, grounded in commercial reality.

We also have Cayman Islands-qualified lawyers in our Hong Kong and Singapore offices ensuring we are able to provide legal advice to our clients in Asia in their own time zones.

Areas of practice

The firm offers a comprehensive range of legal services for all aspects of corporate/transactional, dispute resolution and private client work.

The firm’s dispute resolution and litigation group represents clients on the full spectrum of contentious and advisory work. Together with commercial litigation services, its practice offers focused advice on banking and finance, corporate disputes, contentious trusts and regulatory matters.

The firm’s private clients rely upon it for services that include estate planning, residential property, relocation, wills and inheritance.

Banking and finance Nick 345 749 2012
Corporate and commercial Nick 345 749 2012
Investment funds Nick 345 749 2012
Trusts and private wealth Bernadette 345 749 2025
Dispute resolution and litigation Sam 345 749 2035
Restructuring and insolvency Sam 345 749 2035
Corporate and commercial Jarrod 345 749 2004
Investment funds Jarrod 345 749 2004
Banking and finance Alistair 345 749 2013
Corporate and commercial Alistair 345 749 2013
Investment funds Alistair 345 749 2013
Corporate and commercial Richard 345 749 2026
Restructuring and insolvency Peter 345 749 2002
Dispute resolution and litigation Peter 345 749 2002
Private Client Bernadette 345 749 2025
Property Law Bernadette 345 749 2025
Relocation Bernadette 345 749 2025
Nick Bullmore  photo Nick Bullmore Nick Bullmore advises on all aspects of Cayman Islands corporate law with…
Bernadette Carey  photo Bernadette Carey Bernadette is the head of our Cayman Islands Trust and Private Wealth…
Emily Cornhill  photo Emily Cornhill Emily is an associate in Carey Olsen’s corporate team in the Cayman…
Matthew Crawford  photo Matthew Crawford Matthew is a consultant in Carey Olsen’s Cayman Islands dispute resolution and…
Jasmin Davies  photo Jasmin Davies Jasmin is an associate in Carey Olsen’s dispute resolution, insolvency and trusts…
Sam Dawson  photo Sam Dawson Sam is a partner in Carey Olsen’s dispute resolution and insolvency and…
Mark Dowds  photo Mark Dowds Mark has acted in a wide range of disputes and contentious, non-contentious…
Chris Duncan  photo Chris Duncan Chris Duncan is counsel in our trusts and private wealth practice in…
Jarrod Farley  photo Jarrod Farley Jarrod is a partner in Carey Olsen’s Cayman Islands office. He advises…
Henry Harford  photo Henry Harford Henry joined Carey Olsen as a consultant in January 2016. Henry is…
Brian Jacomb  photo Brian Jacomb A member of our real estate practice in the Cayman Islands, Brian…
Thomas Marriott  photo Thomas Marriott Thomas is an associate in the corporate group of Carey Olsen in…
Jason Mbakwe  photo Jason Mbakwe Jason Mbakwe is an associate in Carey Olsen’s dispute resolution and litigation…
Trevor McCabe  photo Trevor McCabe Trevor is an associate in the corporate group in Carey Olsen’s Cayman…
Doug Molyneux  photo Doug Molyneux Counsel
Richard Munden  photo Richard Munden Richard advises on a wide range of corporate and finance transactions with…
Denis Olarou  photo Denis Olarou Denis is counsel in the firm’s dispute resolution, litigation and insolvency practice.…
Kristina Ostertag  photo Kristina Ostertag Kristina is an associate in Carey Olsen’s corporate team in the Cayman…
Alistair Russell  photo Alistair Russell Alistair is a partner in the corporate and finance group of Carey…
Peter Sherwood  photo Peter Sherwood Peter is a partner in the dispute resolution and litigation team in…
Nigel Smith  photo Nigel Smith Nigel is an associate in the dispute resolution and litigation team in…
Evan Stitt  photo Evan Stitt Evan is an associate in the corporate group of Carey Olsen’s Cayman…
Graham Stoute  photo Graham Stoute Graham is based in Carey Olsen’s Cayman Islands office and advises private…
Richard Sykes  photo Richard Sykes Richard is a consultant in our corporate practice in the Cayman Islands.…
Shane Westin  photo Shane Westin Shane is counsel in Carey Olsen’s corporate, commercial and property law groups…
Jenna Willis  photo Jenna Willis Jenna is an associate in the Cayman Island office. Jenna advises on…
Dylan Wiltermuth  photo Dylan Wiltermuth Dylan is counsel in Carey Olsen’s banking and finance practice. His practice focuses…