David Jones > Carey Olsen > St Peter Port, Guernsey > Lawyer Profile

Carey Olsen

Work Department

Dispute Resolution and Litigation, Restructuring and Insolvency


David is an advocate providing specialised advice in relation to business restructuring and insolvency in contentious, non-contentious and multi-jurisdictional matters.

In his time with Carey Olsen David has been involved in many of the largest insolvencies involving Guernsey entities, ranging from investment funds to global retailers. He is able to assist lenders in respect of the taking and enforcement of all forms of security. David regularly advises the boards of distressed entities and has extensive experience acting for office holders.

Notable matters include advising in relation to the restructuring and/or formal insolvencies of Joannou & Paraskevaides (Overseas) Limited, the philatelic investment business Stanley Gibbons (Guernsey) Limited, The Long Port Group and HMV Group plc. He has advised on the acquisition, restructuring and enforcement of a number of high value, multi-jurisdictional, non-performing loan portfolios on behalf of hedge fund acquirers.

David is a member of the Insolvency Lawyers Association and R3 and sits on the young members Committee of INSOL International. David lectures on INSOL’s Foundation Certificate in International Insolvency and is part of the working group tasked with updating and revising Guernsey’s insolvency laws. He has also been appointed as a member of Guernsey’s first ever Insolvency Rules Committee (IRC).


David qualified as a Solicitor of the Senior Courts of England and Wales in 2004. He was called to the Guernsey Bar in 2014. He was made a partner at Carey Olsen in January 2019.


Insolvency Lawyers Association and R3.

Lawyer Rankings

Guernsey > Dispute resolution

(Next Generation Partners)

David JonesCarey Olsen

Carey Olsen offers a full offshore litigation service to clients, covering commercial and trust litigation, as well as corporate and banking work, IP and data protection issues, and claimant-side professional negligence cases. It also has a separate contentious restructuring and insolvency group, led by David Jones . The team is often at the forefront of disputes, and has an increasingly active practice involving fintech and crypto assets and their regulation. Elaine Gray  is the department head, and is a veteran Guernsey litigator. Tim Corfield  focuses on commercial litigation, and the group is able to draw on the knowledge of John Greenfield, who is often instructed as senior counsel, particularly in cases involving allegations of fraud. Mark Dunster  is known for regulatory litigation and criminal cases, while senior associate Julia Schaefer is increasingly known for contentious trusts work.