The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
PO BOX 69, LA VIEILLE COUR, LA PLAIDERIE, ST PETER PORT, GY1 4BL, GUERNSEY
Tel:
Work 01481 713371
Fax:
Fax 01481 711607
Email:
Web:
www.babbelegal.com

Guernsey

Banking and finance
Banking and finance - ranked: tier 3

Babbé LLP

A major international investment bank recently appointed Babbé LLP to oversee the migration and complete restructuring of six multi-billion-dollar securitisation structures from the US to Guernsey, and the banking team acted as sole counsel to Polygon in the structuring of a tailored listed note issuance. Clients find that Katherine Hitchins’ team ‘always acts with integrity, with thorough knowledge of the subject’. Stuart Tyler ‘is brilliant in his understanding of alternative banking structures’ and recently advised a borrower on the Guernsey aspects of a murabaha financing transaction. Also notable is senior associate Keith Bell, who is currently assisting Wells Fargo as lead arranger with regard to the refinancing of a closed-ended fund scheme, and guided multiple property investment vehicles through their restructuring and inter-group loan arrangements.

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 4

Babbé LLP

Babbé LLP recently handled several notable capital market transactions, such as Hologram FSG’s disposal of shares representing 100% of the issued share capital of Heritage Financial Services to Estera. Stuart Tyler acted for Quay Education on its purchase of a 30% shareholding in online education services provider Teqbay, and Robert Varley assisted a leading international mining company with its share placement and listing on the London Stock Exchange (LSE). Also notable are Katherine Hitchins, who continues to provide ongoing corporate legal advice to Polygon with regard to day-to-day operations and potential private equity opportunities, and senior associate Keith Bell, who has substantial experience in corporate governance matters.

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Babbé LLP

The level of service at Babbé LLP is ‘outstanding’; the dispute resolution team in particular ‘has a reputation for getting the job done’ and is further known to be ‘highly competent, straightforward and approachable’. ‘Powerful, persuasive and assured’ advocates Ian Swan and Anna Guggenheim QC acted for the former directors of Carlyle as defendants in the landmark litigation case arising from the collapse of its mortgage-backed investment fund in 2008. On the trusts dispute front, Nicholas Robison teamed up with Swan to assist the trustees of the Tchenguiz trust in two high-profile disputes in the Privy Council, and the corporate trustee of a Guernsey trust appointed Andrew Laws and senior associate Robert Fullman to obtain declarations in the Royal Court to defeat hostile proceedings filed in Italy by a potential beneficiary. Clients also recommend ‘astute tacticianTodd McGuffin, who is currently representing the joint liquidators of Midlands Resources in an appeal challenging their appointment to oversee the complex winding-down proceedings.

Leading individuals

Anna Guggenheim QC - Babbé LLP

Ian Swan - Babbé LLP

Next generation lawyers

Nicholas Robison - Babbé LLP

Todd McGuffin - Babbé LLP

[back to top]

Employment
Employment - ranked: tier 3

Babbé LLP

Babbé LLP’s ‘incredibly helpful, knowledgeable and experienced’ pension scheme expert Nicholas Donnithorne is currently acting for an employer in the restructuring of its occupational pension scheme, and is assisting a leading international bank as trustee of a pension scheme in the winding up of the scheme. Andrew Laws and senior associate Keith Bell also contribute to the firm’s ‘thoroughly personal, excellent all-round service’; they recently assisted a former managing director with the drafting, review and negotiation of a compromise agreement with his former employer. The team also advised on the employment aspects of corporate transactions such as restructurings, M&A disposals and acquisitions, and the amendment of disciplinary procedures.

[back to top]

Investment funds
Investment funds - ranked: tier 4

Babbé LLP

The investment funds team at Babbé LLP ‘has strong technical expertise’ and ‘advice is delivered swiftly and in a pragmatic manner’. As well as acting for fund managers and financial institutions, the team recently advised on the establishment of a private equity fund specialising in financial sector investments, and dispute resolution partner Todd McGuffin acted in a dispute between the London-based manager of a fund and its board. In further highlights, clients appointed the group to oversee the establishment of a debt issuer specialising in bridge lending, and to handle the disposal by sale of an open-ended investment scheme. The senior names to note are the ‘very accessible’ Robert Varley, who ‘knows his stuff’, Kathrine Hitchins and Stuart Tyler.

Leading individuals

Robert Varley - Babbé LLP

[back to top]

Private client, trusts and tax
Private client, trusts and tax - ranked: tier 3

Babbé LLP

Babbé LLP's Nicholas Donnithorne 'is knowledgeable, professional and extremely helpful'; he recently advised on governance matters including a lengthy review of two pension plans which resulted in amendments to the trust deed. For heavyweight contentious work, the team fields Ian Swan and managing partner Andrew Laws, who is also experienced in non-contentious issues. Clients also recommend 'excellent advocateAnna Guggenheim QC and senior associate Anna Gray.

Leading individuals

Nicholas Donnithorne - Babbé LLP

Next generation lawyers

Anna Grey - Babbé LLP

[back to top]


Further information on Babbé LLP

Please choose from this list to view details of what we say about Babbé LLP in other jurisdictions.

Guernsey

Offices in St Peter Port

Legal Developments in Guernsey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • In re B; B v T (Court of Appeal, 11 July 2012)

    A trustee's duty of confidentiality has recently been discussed and to some extent clarified in the recent Guernsey Court of Appeal decision of In re B; B v T (Court of Appeal, 11 July 2012). This summary has been prepared to provide you with a summary of the case as well as the general issues raised, but is not intended to cover all matters or to provide commentary.   This summary does not constitute legal advice.
  • The Company Administration Regime in Guernsey

    Introduction 
  • Guernsey Image Rights Legislation

    The Image Rights (Bailiwick of Guernsey) Ordinance 2012 (the Ordinance) and The Image Rights (Bailiwick of Guernsey) Regulations, 2012
  • Guernsey Foundations

    The Foundations (Guernsey) Law, 2012 (Law) is awaiting Royal assent, expected to be given by the end of the year or early next year. Whilst Guernsey is not the first jurisdiction to provide for foundations, the Law does provide a number of unique options for individuals wishing to take advantage of the benefits provided by foundations. The purpose of this note is to provide both a general summary of the features of a Guernsey foundation, as well as a summary of these unique options that will be available under the Law.
  • Competitive Guernsey

    Guernsey has been considering the introduction of local competition law since at least 2005 and by bringing into effect The Competition (Guernsey) Ordinance, 2012 on 1 August 2012, has introduced an effective Competition Law regime, to regulate the same 3 core areas recognized in most competition regimes, namely the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions.
  • Friendly Rivalry? The Competition Laws of the Channel Islands

    • New Competition Law for Guernsey in force on 1 August 2012 • Jersey and Guernsey now both regulate the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions • Key differences between the islands' competition laws • Overall, a pan-Channel Island approach to regulation
  • Channel Islands Stock Exchange (CISX) Rule Change Update

    Ogier Corporate Finance Limited (OCFL) is the market leader in providing listing agent services for the listing of securities on the Channel Islands Stock Exchange (CISX or the Exchange) having sponsored over 445 listings.
  • Channel Island Stock Exchange, LBG - Listing of Securities of Investment Funds

    The Channel Islands Stock Exchange, LBG (the Exchange or CISX) commenced operations on 27 October 1998 and is intended to provide recognised facilities for the listing and trading of securities issued by companies and investment funds.
  • Investment funds in Guernsey

    The investment funds industry in Guernsey has achieved significant growth in recent years. Statistics show that as at 30 June 2011 there was £274.5 billion of assets under management in Guernsey.
  • Guernsey Companies Law - Office of the Registrar of Companies

    This memorandum has been prepared for the assistance of our clients in connection with the provisions relevant to the Office of the Registrar of Companies under the Companies (Guernsey) Law, 2008 (as amended) (the “Companies Law”).