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Carey Olsen

PO BOX 98, CAREY HOUSE, LES BANQUES, ST PETER PORT, GY1 4BZ, GUERNSEY
Tel:
Work 01481 727272
Fax:
Fax 01481 711052
Email:
Web:
www.careyolsen.com

Konrad Friedlaender

Tel:
Work +44 (0)1481 741567
Email:
Carey Olsen

Work Department

Trusts and private wealth

Position

Konrad is a partner in the trusts and private wealth department and specialises in contentious and non-contentious trust matters, pensions, employee benefit schemes and share option schemes.

He advises on the establishment and administration of complex private and corporate trust structures as well as all regulatory matters relevant to the trust and company administration sector. He has advised on the establishment and continues to be adviser to some of the largest endowments and philanthropies established on the island.

Konrad also advises on the structuring and establishment of corporate vehicles and has a particular interest in non-contentious insurance matters and insurance regulation. 

Career

Qualified as a South African attorney and conveyancer 1984; notary public 1985; partner Jan S de Villiers (now incorporated with Werksmans), Cape Town; became head of litigation; Carey Olsen, Guernsey 2001; advocate 2005; partner 2006.

Languages

German, Afrikaans, reading knowledge of Dutch and Flemish.

Education

University of Stellenbosch (1980 BA LLB).


Guernsey

Employment

Within: Employment

The ‘phenomenal’ employment team at Carey Olsen is ‘very personable, approachable and easy to deal with’ and ‘among the very best non-UK law outfits’. Recently bolstered by the arrival of ‘supportive and understanding’ counsel Carly Parrott from Mourant Ozannes, the group gained a major new client in the retail sector to whom it provides ongoing employment advice. Practice head Elaine Gray advised an insurance company on the exit of two senior executives in the context of allegations of sexual misconduct and breach of fiduciary duties, and associate Tim Molton was part of the team assisting a trust company with the employment aspects of its acquisition of another fiduciary entity. For pension-related queries, clients can turn to Konrad Friedlaender, while Mark Dunster has substantial litigious experience and specialises in corporate governance and regulatory issues.

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Insurance

Within: Insurance

At Carey Olsen, ‘the service is excellent with timely and pragmatic advice received on every occasion’. Chris Anderson is ‘both pragmatic and responsive’ and senior associate James Stockwell ‘is excellent at providing simple solutions to potentially complex issues’. The pair recently acted for Marsh Guernsey on a transaction using Guernsey-incorporated cells to transfer £3.4bn of its parent company’s longevity risk liabilities. Also highly recommended is Konrad Friedlaender, who is currently assisting an insurer with a number of matters including changes to several of its existing reinsurance, security and policyholder protection arrangements. In other highlights, the group was instructed to establish insurance-linked securities funds and captive insurers in Guernsey on behalf of a pension plan trustee, and private client partner Natasha Kapp oversaw the redemption of policies and the reinvestment of the proceeds by way of additional premia on policies on behalf of a life assurance provider.

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Private client, trusts and tax

Within: Leading individuals

Konrad Friedlaender - Carey Olsen

Within: Private client, trusts and tax

Carey Olsen’s ‘well-connected and business-mindedRussell Clark and ‘technical specialistKonrad Friedlaender are ‘leading experts in their field with a pragmatic and friendly approach’ and are among the main names to note in the firm’s ‘excellent’ private client and trusts team. As well as a number of applications to the Royal Court concerning momentous decisions on the administration of trust structures, the group recently handled the setting up of family offices, private trust foundations and significant transactions in the fiduciary space. Natasha Kapp is currently acting for a major global bank in a number of matters arising from rogue trading which took place on the investment portfolio held in a trust-owned company, and ‘approachable and helpful’ associate Robert Quinn is part of the team defending the trustees of a Guernsey structure in a breach of trust claim pertaining to investments. Also notable are the ‘unflappablePatricia Montgomery and ‘tax specialistLaila Arstall – ‘what she doesn’t know about tax and compliance law in Guernsey probably isn’t worth knowing about’ – who act as counsel within the team.

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