Collas Crill > Grand Cayman, Cayman Islands > Firm Profile

Collas Crill
Floor 2, Willow House Cricket Square
PO Box 709
Grand Cayman KY1-1107
Cayman Islands

Cayman Islands > Dispute resolution Tier 2

While relatively new to the Cayman market, the litigation team at Collas Crill is ‘rapidly establishing itself as one of the leading teams in the market‘. In addition to its strengths in restructuring and insolvency work, it has recently expanded its capabilities into other areas, most notably in disputes pertaining to trusts, international arbitration decisions, section 283 issues, corporate commercial litigation, and fraud and asset tracing mandates. Praised for its ‘personal touch’ and responsiveness, the department is led by Stephen Leontsinis, who is frequently trusted to handle high-value, multijurisdictional liquidations. Elsewhere, Rocco Cecere (who is a ‘thoughtful strategist with good knowledge of Cayman fair value claims‘), Matthew Dors (‘an excellent advocate with a sharp mind in court‘) and Jennifer Colegate (who was promoted to partner in 2020) stand out for their contributions.

Practice head(s):

Testimonials

‘Unlike the traditional offshore firms, this firm has the personal touch and are very responsive. They are able to offer value for work. ’

Good to work with. Experienced in the field.

Rocco Cecere is a thoughtful strategist with good knowledge of Cayman fair value claims.’

Collas Crill is relatively new to the Cayman market but its litigation team is rapidly establishing itself as one of the leading teams in the market. They have a core of very diligent and hard-working staff and are recruiting smartly from other firms on island. They are seriously hard-working, intelligent and highly commercial. Very user friendly and easy to work with.’

Stephen Leontsinis is standout practitioner – drives culture of the firm which is a USP in their way of working collaboratively.’

Matthew Dors is a leading litigator in the Cayman Islands. An excellent advocate with a sharp mind in Court. He is one of the hardest-working lawyers I’ve come across and expertly balances the legal requirements of a case with the commercial pressures and focus of his clients.’

Stephen Leontsinis has an excellent strategic mind. He is a stand-out advocate who is equally effective in the boardroom or behind the scenes developing strategy and plotting the steps to successful outcomes for his clients. I would recommend him without hesitation.’

Impressive growth in practice. Senior-led and hands-on approach. Stephen Leontsinis is outstanding at stakeholder management and business development.’

Key clients

Kalo Advisors

FTI Consulting

Ernst & Young

FourWorld Capital Management

RH Restructuring (Cayman) Limited

Bank of New York Mellon

Development Specialists Inc,

Athos Capital Limited

Quadre Investments LLC

Cooley LLP

Sentinel Reinsurance

Work highlights

  • Acting for a claimant in the American Arbitration Association against two large Audit firms, seeking damages for auditor’s negligence in the amount of $300m+.
  • Acting for the US SEC Receiver of the TCA Group of Companies, which were placed in receivership as a result of a massive fraud on investors perpetrated by its principal founding member.
  • Acting for Sentinel Reinsurance Ltd in a disputed insurance claim against a large financial institution, in the amount of $100m+.

Cayman Islands > Real estate Tier 3

Collas Crill‘s property department was strengthened in July 2020 by the arrival of new practice head Gina Berry, who is praised as ‘an excellent lawyer in the space of property conveyancing and one of the top lawyers locally in this area’. Berry has a proven track record in the full gamut of real estate work, from advising international and local financial institutions on complex security transactions to assisting a range of clients encompassing vendors, purchasers, developers, landlords and tenants with complex real estate transactions, usually linked to high-end properties in the Cayman Islands.

Practice head(s):

Testimonials

Team is very responsive to clients needs and ability to meet sometimes difficult timelines.’

I find Gina Berry and her team easy to work with – I value their professionalism and expertise.’

Both the property conveyancing and corporate services teams are strong, providing an excellent service and value for money.’

Gina Berry is known as an excellent lawyer in the space of property conveyancing and one of the top lawyers locally in this area. Her experience is highly regarded in society and she is highly respected in the legal fraternity. This is a reflection of her extensive knowledge and expertise. She is known to add value to the business of individuals and companies.’

Key clients

Cayman National Bank

Cricket Square Group

Scotiabank Group

Royal Bank of Canada Group

Butterfield Bank

Work highlights

  • Advising Cricket Square Group on a wide range of matters relevant to its commercial leases and amenities associated with Cricket Square.
  • Advising Cayman National Bank Ltd. on the commercial lending elements of a number of Cayman Islands real estate developments.
  • Acted as local counsel for high-net-worth individuals on the purchase of properties in The Grove in Grand Cayman.

Cayman Islands > Trusts/private client Tier 3

Headed up by the Guernsey-based David Cooney  since the November 2020 departure of Tom Mylott, Collas Crill’s international trust and private client department has a proven track record in handling the full gamut of contentious and non-contentious matters. Instructed by a wide range of institutional trustees, family offices, high-net-worth individuals, trustees, settlors, beneficiaries and protectors, the department excels in the foundation of STAR Trust and foundation companies, cross-border wealth structuring matters, and complex trust litigation. Locally in Cayman, counsel Andrew Peedom and senior associate Sally Peedom play key supporting roles.

Practice head(s):

Other key lawyers:

Testimonials

‘My contact at Collas Crill is David Cooney, a Cayman qualified lawyer located in their Guernsey office. David is a first-rate practitioner: he is highly technical, responsive, and client friendly. He is definitely my “go-to” Cayman lawyer for private client trust matters.’

‘The team is one of very few that can deliver Cayman Islands law advice in the European time zone. It provides very practical and commercially orientated advice that is notable by being decisive and conclusive, not fence sitting. The quality and service delivery are outstanding and they work well with counsel in other firms.’

‘David Cooney is an exceptional Cayman Islands-qualified lawyer in trusts and wealth structuring. He stands out against the competition based in the Cayman Islands because of his superior commercial understanding and delivery of practical, succinct advice and solutions. He represents great value for clients and is a pleasure to instruct on Cayman matters, he delivers swiftly and communicates well.’

Their team showed tremendous experience in dealing with the Trust’s representatives and reach a suitable agreement for the client, by dealing with the Trust.

Andrew and Sally Peedom are highly responsive and willing to jump in at a moment’s notice. Their follow up is remarkable! They have a lot of experience dealing with trust-related matters, we liked that both Sally and Andrew are quite approachable and easy to get on with.’

This is a team dedicated to client services.’

Sally Peedom always gives timely advice tailored to client needs.’

Work highlights

  • Acting for a variety of ultra high net-worth clients on their use of Cayman Islands Foundation Companies for philanthropic purposes.
  • Representing a Cayman trustee seeking to restructure a large dynastic family trust in the creation two new Cayman trusts for different branches of the family.
  • Acting on an ongoing basis for a technology company on its development and ensuing restructuring of a global employee stock option regime, which is carried out through various trust structures.

Cayman Islands > Corporate and commercial Tier 4

Presided over by Alan de Saram, Collas Crill‘s team regularly acts for multinational clients, including large sovereign wealth funds, investing either via Cayman structures or into local companies, joint ventures and funds. As well as being particularly active in the fintech, blockchain and cryptocurrency spaces, it also has capabilities in mandates involving capital markets, including SPACs. Promoted to partner in 2020, Natalie Bell also advises on M&A, joint ventures and corporate reorganisations.

Practice head(s):

Other key lawyers:

Key clients

WeDoctor

Axiom Asia

Abu Dhabi Al Islami UK

Work highlights

  • Advised a medical health technology platform, in readiness for an IPO, on the restructuring of various Cayman holding companies and on general corporate law issues.
  • Acting for the borrower, an Asian-based investment manager, on two fund finance facilities, reviewing the lending documents from a Cayman law perspective.
  • Acted for a Middle Eastern bank in respect of a major financing.

Cayman Islands > Investment funds Tier 5

Collas Crill‘s corporate, finance and funds practice, which is fronted by Alan De Saram, advises on the establishment, authorisation and structuring of funds and related investment vehicles. It frequently acts for emerging managers and institutional investors, namely private equity funds and sovereign wealth funds. Senior associate Natalie Bell (who is praised as ‘an excellent lawyer and a pleasure to do business with‘) regularly assists clients with issues relating to private registered funds and mutual funds.

Practice head(s):

Other key lawyers:

Testimonials

‘The Investment Funds team at Collas Crill is excellent at providing strong commercial solutions and a high calibre of client care. They are always responsive and are highly knowledgeable about changes in the law. I would highly recommend Collas Crill for investment fund work.’

‘Natalie Bell is our primary contact at Collas Crill. Natalie is an excellent lawyer and a pleasure to do business with. She is known as a leading lawyer in her field. Natalie stays connected with the market and always shares valuable insights and contacts; we appreciate her commercial and client-focused approach to legal matters.’

‘They are very responsive, if someone is not in the office there is a backup which is communicated upfront. Client service is of high quality. It feels like they form a unity, a team, aligned with their company’s values and driven to one common goal.’

‘Natalie Bell. I have a good experience working with her, she is friendly, knows her work and is pleasant to work with. Not only professionally very capable but also fun and easily approachable which I believe makes a difference in this industry. I also worked with Alan de Saram, with whom I have the same experience. Very knowledgeable, transparent and keen to form partnerships on initiatives.’

‘Aoife Madden is very prompt and responsive.’

Key clients

Axiom Asia

Mission Capital Management Services

Harvest Group

Mandiri Investment Management

Drew & Napier, Singapore

IP Investment Management

Betterway LLC

Movchan Investment Management

Pacific Liberty

New Alchemy Capital Investment Manager LLC

iTech Sport Funds Ltd

HDH Capital Management Pte. Ltd

ARIA

Rajah & Tann

TMF

Work highlights

  • Acting for an Asian investment management business on the establishment, launch and registration of four private funds and the registration of five further existing funds as private funds, among other matters.
  • Acting for a Hong Kong and Singapore-based investment manager investing in UK and US real estate projects, which included the launch of new funds.
  • Acting for one of the largest Chinese institutional asset managers on a mutual fund registered with CIMA on a variety of issues.

Collas Crill is an offshore firm with offices in BVI, Cayman, Guernsey, Jersey and London. With 38 partners and directors, and 80 other lawyers and legal professionals, Collas Crill delivers a comprehensive range of legal services to clients locally and around the globe.

Clients include some of the world’s leading financial institutions, international businesses, trusts and funds, as well as HNW individuals and families, alongside an established network of independent and trusted partners.

The firm is committed to the local communities in which it operates and to the wellbeing of their people, and seeks to build and develop a reflective CSR programme.

Practice areas
Banking and finance: 
Collas Crill’s banking and finance teams in Guernsey, Jersey, BVI and Cayman act on both borrower and lender side for banks, funds, institutional and private investors, government linked organisations and global development corporations. They are on the panel of and work for leading retail banks including RBS, HSBC, Santander as well as private banks such as Investec, Coutts, Rothschild and Arbuthnot Latham and Islamic banks (namely ABC, BLME, ADIB, QIB, Gatehouse and Al Rayan Bank).

The firm has particular expertise in –

    • (a) real estate finance (in financing investment in office buildings, luxury apartments, warehouses, co-living and co-working accommodation, and leisure facilities to name a few)
    • (b) Islamic finance transactions
    • (c) acquisition and leveraged finance
    • (d) structured finance, note issues
    • (e) fund finance
    • (f) debt restructuring

It is able to advise on BVI and Cayman finance matters from the Channel Islands in a UK time zone.

Capital markets: Collas Crill’s global capital markets team acts on a broad range of debt, equity and derivative capital markets transactions on all of the major exchanges in the UK, Europe and the US. We are typically instructed by an array of issuers, banks, brokers, underwriters, sponsors and other advisors in respect of initial applications, secondaries, M&A transactions (including by scheme of arrangement), warrant and option programmes, EBTs and general continuing obligations, and we have significant experience in acting for activist shareholders. Through our in house listing agents, we also provide a comprehensive legal and advisory service to international companies listing securities on The International Stock Exchange and the Cayman Islands Stock Exchange.

Commercial and residential property: Collas Crill’s full service property team in the British Virgin Islands, Cayman Islands, Guernsey and Jersey is recognised by clients for its responsive, friendly and commercially aware approach. The firm’s property specialists have the local knowledge and expertise to not only offer top quality advice on all residential and commercial property transactions, but to give meaningful opinions and anticipate challenges and opportunities at every stage of the process. The firm is consistently recognised as a leader across the Channels Islands and the Cayman Islands.

The firm acts for landlords and tenants, private individuals, banks, corporates and investments funds and works with the islands’ largest property developers of both residential and commercial property. Across the jurisdictions, the firm is known for advising on complex real estate transactions, boasting one of the largest and most experienced property teams.

In the Channel Islands, the firm also established a UK real estate and real estate finance team advising international clients investing in and financing UK real estate.

In the Cayman Islands, the firm has secured highly-coveted panel positions as preferred attorneys for most of the Class A Banks.

The team routinely is involved with negotiations with government authorities with respect to acquisitions, commercial activities, licencing and all regulatory matters.

Corporate and commercial: With offices in Guernsey, Jersey, BVI and Cayman, Collas Crill’s corporate team advises a broad range of banks, trust companies, private equity, listed and unlisted corporates, HNWs and families, their directors, and shareholders, with particular expertise in the energy, utilities, digital assets, medical, transport, licensed premises and real estate sectors. Work includes –

    • (a) complex international M&A, especially in relation to regulated parties
    • (b) corporate structuring, joint ventures, PE investment and fund vehicles, SPVs, SPACs and associated listing of vehicles on TISE
    • (c) IPOs, secondary offerings and structured products
    • (d) a top regulatory practice advising clients on a host of risk and regulation issues including investigations and disciplinary hearings, aspects of corporate governance, directors duties, AML, data protection, competition law and economic substance
    • (e) restructuring, insolvency and migration of corporate vehicles
    • (f) commercial agreements, distribution, outsourcing, technology and licensing contracts . The team also works closely with its top ranking litigation teams in each jurisdiction in relation to complex insolvencies and shareholder disputes.

Dispute resolution: One of the largest and most experienced teams in the Channel Islands, the Cayman Islands and the BVI, we handle –

    • (1) commercial and financial services litigation including complex shareholder disputes and activism, Section 238 fair value proceedings, professional indemnity claims, contractual and investment fund disputes, fraud, asset tracing, enforcement actions and freezing injunctions
    • (2) insolvency and restructuring, advising voluntary, provisional and official liquidators, liquidation committees, directors, creditors and investors, companies and shareholders in relation to liquidations, schemes of arrangement and compromise, restructuring strategies, and reduction of share capital petitions
    • (3) contentious trusts and probate, acting for trustees, beneficiaries, settlors and protectors as well as parties to divorce proceedings impacting on offshore trusts and,
    • (4) regulatory disputes, claims and investigations, including utilities regulation, TIEAs, enforcement action and breaches of sanctions, AML, data protection and money laundering laws and financial crime.

Investment funds: Collas Crill’s fund specialists offer advice on all aspects relating to the establishment, authorisation and structuring of funds and related investment vehicles. The firm has particular expertise acting for emerging managers who are building their business and acting for institutional investors, including acting for private equity funds and sovereign wealth funds on joint venture and fund investments, as well as planning their internal corporate structures.

International private client and trusts:  We work with wealthy individuals, family controlled businesses and entrepreneurs to manage and protect wealth across generations, and to succession plan. We represent trustees, settlors, protectors and beneficiaries and have extensive experience of private wealth structuring including pensions, foundations and trusts, and we have particular experience of shariah compliant structuring. We work closely with our corporate and litigation teams in respect of corporate structures within family trusts, trust issues arising from divorce or family disputes, and contentious and semi-contentious trusts matters including mistake applications, and variations.

We also have a specialized team to assist in all aspects of wills, estate planning and administration, succession planning, probate, guardianship and powers of attorney.

DepartmentNameEmailTelephone
Group Managing Partner Jason Romerjason.romer@collascrill.com+44 1534 601696
Partner; Head of corporate and commercial Ellie CrespiEllie.Crespi@collascrill.com+1 284 852 6335
Partner; Head of dispute resolution David Harbydavid.harby@collascrill.com+1 284 852 6327
Partner Michael Adkinsmichael.adkins@collascrill.com+1 284 852 6300
Managing Partner; Head of dispute resolution Stephen Leontsinisstephen.leontsinis@collascrill.com+1 345 914 9605
Partner; Head of corporate and commercial Alan De Saramalan.desaram@collascrill.com+1 345 914 9604
Of Counsel Christian Hidalgochristian.hidalgo@collascrill.com+1 284 852 6312
Senior Associate Natalie Bellnatalie.bell@collascrill.com+1 345 914 9621
Senior Associate Daisy Bovingdondaisy.bovingdon@collascrill.com+1 284 852 6305
PhotoNamePositionProfile
Natalie Bell photo Natalie BellSenior Associate. Natalie advises on all aspects of Cayman corporate and commercial…
Gina Berry photo Gina BerryPartner and Head of the Property Team in Cayman. Gina’s breadth of…
Rocco Cecere photo Rocco CecerePartner.  Rocco is an experienced offshore commercial litigator, specialising in international insolvency…
Jennifer Colegate photo Jennifer ColegatePartner.  Jennifer is a commercial litigator specialising in cross-border insolvency and restructuring . …
Alan De Saram photo Alan De SaramPartner.  Alan is the Partner that heads up the Corporate, Finance and…
Matthew Dors photo Matthew DorsPartner. Matthew is a Partner in the Dispute Resolution department in the…
Zachary Hoskin  photo Zachary Hoskin Counsel. Zachary is an experienced offshore litigator with significant experience in trusts…
Stephen Leontsinis photo Stephen LeontsinisStephen is Managing Partner and head of the Dispute Resolution department in…
Robert Mack  photo Robert Mack Robert is the head of Collas Crill’s International Private Client & Trust…
Dawn Major  photo Dawn Major Associate.Dawn joined Collas Crill as an Articled Clerk in September 2019. She…
Laura Oseland  photo Laura Oseland Associate. Laura assists clients in developing their business when it comes to…
Ronan O’Doherty  photo Ronan O’Doherty Associate. Ronan is an Associate in the Dispute Resolution department specialising in…
Sally Peedom photo Sally PeedomSenior Associate. Sally specialises in both contentious and non-contentious international trusts and…
Andrew Peedom photo Andrew PeedomCounsel. Andrew has a broad range of commercial litigation experience and frequently…
Annalisa Shibli  photo Annalisa Shibli Associate.Annalisa has a broad practice covering commercial litigation, cross boarder insolvency and…
Rupert Stanning  photo Rupert Stanning Counsel. Rupert’s primary professional focus is cross-border insolvency & restructuring, and he…
Natascha Steiner-Smith  photo Natascha Steiner-Smith Counsel. Natascha has a wide range of experience in commercial litigation and…
Charlotte Walker  photo Charlotte Walker Senior Associate. Charlotte is a commercial litigator, specialising in cross-border commercial litigation…
Partners : 5
Other legal staff : 14

Briefing
After a busy year in offshore litigation, what
lies ahead in 2020? (https://www.legalbusiness.co.uk/analysis/disputes-yearbook-2020/sponsored-briefing-after-a-busy-year-in-offshore-litigation-what-lies-ahead-in-2020/)
Christian Hay gives an overview of Collas Crill’s disputes work in 2019 and discusses the challenges and trends that can be expected over the next year