Wakefield Quin > Hamilton, Bermuda > Firm Profile

Wakefield Quin
VICTORIA PLACE
31 VICTORIA STREET
HAMILTON HM10
Bermuda

Bermuda > Real estate Tier 1

Wakefield Quin’s property team brings vast experience to bear on high-value acquisitions and developments of hotels, hotel residences and residential and commercial property. Practice lead Michelle Stone deals with an assortment of property developers and domestic and international clients acquiring high-end residential properties, assisting with bank security work, and dealing with the property requirements of the hotel sector. Scott Swainson frequently provides property-related advice to banks and other commercial lenders, as well as hotel and condominium developers and investors. Among the other areas of strength for the department are real estate-related restructuring transactions and large-scale commercial leases.

Practice head(s):

Other key lawyers:

Key clients

TP Holdco/Gencom

Clearwater Development Limited

Atlantic Hotel Limited

Gilbert Lopes/ GL Construction

Sardis Developments Ltd.

The Honey Hill Trust

Work highlights

  • Advised Clearwater on its acquisition of Surfside Beach Club from its previous owners and on the financing of the redevelopment of the site to create Azura (a condominium hotel with a compulsory leaseback component).
  • Advised Nautilus Trust and Atlantic Hotel Limited on its acquisition of Nautilus and the creation of a sister condominium resort to Azura.
  • Advised the Honey Hill Trust on the creation of a leasehold condominium estate and acted on the sale of 13 leasehold units.

Bermuda > Corporate and commercial Tier 2

Wakefield Quin’s ‘responsive, creative and business-minded’ team handles a broad range of corporate and commercial matters, predominantly for financial institutions, public companies and private equity funds. Reorganisations and restructurings, M&A, hotel-condo real estate developments and acquisitions, and insurance and reinsurance matters are among the key areas of focus for the department, which is fronted by Nicholas Hoskins . ‘Strong leader’ and CEO Erik Gotfredsen  has an enviable track record in joint ventures, partnerships, asset and fund management mandates, regulatory and compliance issues and the establishment of companies, while Ian Stone is particularly active in the M&A space.

Practice head(s):

Testimonials

‘Every firm needs a strong leader and Erik Gotfredsen – CEO of WQ and also head of the corporate and commercial practice – leads by example. As well as being very intelligent he has an easy-going but professional manner and is the most responsive lawyer that our family office has ever dealt with.’

‘Very efficient with all the knowledge required for operating in Bermuda’.

The WQ team is responsive, creative and business-minded. They understood the client’s needs and succinctly distilled legal issues. I would recommend WQ wholeheartedly.’

Jemima Fearnside and Erik Gotfredsen were an exceptionally strong team that delivered. They responded to all of our questions and concerns and, within the framework provided, we collaborated closely in resolving legal issues in an effective manner.’

Key clients

Accenture Group

AmTrust Insurance Group

ATN International, Inc.

Bermuda Broadcasting Company Limited

Carlyle Aviation Partners

Crédit Agricole Corporate and Investment Bank

National General Insurance Group

Nordic Trustee ASA

Seacrest Group

VEON Ltd.

Work highlights

  • Advised Carlyle Aviation Partners on the acquisition of Fly Leasing Limited.
  • Advised Crédit Agricole Corporate and Investment Bank on the $2.44bn letter of credit facility and approximately $544m in funded debt for McDermott International in its successfully completed emergence from bankruptcy.
  • Advised Bank of NT Butterfield & Son Limited on its secured multi-tranche financing of the construction of the new St. Regis Hotel and related Resort Residences in St. George, Bermuda.

Bermuda > Banking, finance and capital markets Tier 3

Wakefield Quin‘s ‘responsive, creative and business-minded’ team stands out in the market for its track record in real estate financing projects in Bermuda. Overseen by managing partner Nicholas Hoskins , the team also handles debt restructurings, project finance work and structured finance matters, among other general banking and finance issues. A key name to note in the group is Erik Gotfredsen , who is particularly skilled in handling complex finance and capital market transactions, with an emphasis on debt and equity offerings.

Practice head(s):

Other key lawyers:

Testimonials

The WQ team is responsive, creative and business-minded. They understood the client’s needs and succinctly distilled legal issues. I would recommend WQ wholeheartedly.’

They responded to all of our questions and concerns and, within the framework provided, we collaborated closely in resolving legal issues in an effective manner. I look forward to working with them again in the future.’

Key clients

Accenture Group

AmTrust Insurance Group

ATN International, Inc.

Bermuda Broadcasting Company Limited

Carlyle Aviation Partners

Crédit Agricole Corporate and Investment Bank

National General Insurance Group

Nordic Trustee ASA

Seacrest Group

VEON Ltd.

Work highlights

  • Advised Crédit Agricole Corporate and Investment Bank on the $2.44bn letter of credit facility and approximately $544m in funded debt for McDermott International in its successfully completed emergence from bankruptcy.
  • Advised Aurania on its $9.89m public offering of 2,300,000 units and warrants traded on the Toronto Stock Exchange.
  • Advised the Bank of NT Butterfield & Son Limited on its secured multi-tranche financing of the construction of the new St. Regis Hotel and related Resort Residences in St. George, Bermuda.

 

The firm

WQ is a leading Bermuda law firm that has earned an international reputation for providing high-calibre legal services. WQ is dedicated to providing clients with timely, sophisticated and solution-driven legal advice and is known for delivering a personalised and efficient legal service, geared to working to agreed timetables and budgets. WQ achieves a high standard of professionalism by listening to client needs and understanding client requirements. We recognise the vital importance of establishing close and continuing business relationships with our clients and throughout our firm’s history, have forged valuable networks with other legal professionals in the US, UK, Europe, and Asia.

WQ offers an all-inclusive service to clients, utilising the firm’s associated services companies, including WQ International Ltd. and M Q Services Ltd., which provides a full range of corporate, administrative and registered office and agent services; Harbour Financial Services Limited, which provides fund administration, investor relation, financial accounting, and independent director services; and Church Bay Trust Co. Ltd., which provides trust and private client services.

Directors of the firm are actively involved in many professional organisations, including the Bermuda Bar Association, Restructuring and Insolvency Specialist Association (RISA), and the International Bar Association (IBA).

Areas of practice

Corporate and commercial WQ’s lawyers have extensive experience advising leading financial institutions, public companies, funds, private equity firms and large private companies on a broad range of corporate and financial transactions.

WQ has expertise advising on:

(a) primary (IPO) and secondary equity and debt offerings of private and public companies;

(b) banking and structured finance;

(c) investment and private equity funds;

(d) insurance and reinsurance;

(e) cross-border mergers, acquisitions, disposals and re-domestications;

(f) shipping and aviation;

(g) infrastructure projects;

(h) trusts and private client;

(i) insolvency and restructuring;

(j) regulation and compliance; and

(k) intellectual property and e-commerce.

Litigation WQ litigators regularly appear in leading decisions before the Bermuda courts. WQ advises on international commercial disputes, insurance and reinsurance matters, officer liability claims, shareholder disputes, trust/trustee disputes, employment and immigration matters and general family law.

Real estate WQ has one of the leading real estate practices in Bermuda. Our lawyers provide innovative and practical legal advice to a broad range of industry participants. We regularly act for lenders, developers and equity investors in all major real estate product areas, including office, commercial, industrial, multi-family and hospitality. WQ’s lawyers have extensive experience advising on the acquisition, development, management and disposal of real estate, including leases, sale-leasebacks, market standard and complex financings, and restructurings.

Private client WQ regularly acts for trustees, beneficiaries and settlors, as well as protectors and enforcers, and has considerable experience advising international corporate clients on insurance trusts, special purpose trusts, pension trusts, unit trusts and employee benefit trusts. WQ also advises charities, foundations, families and high-net-worth individuals on investment structures, international estate planning and private trust company arrangements.

 

DepartmentNameEmailTelephone
Aviation Ian Stone
Aviation Jemima Fearnside
Capital markets Roderick Forrest
Capital markets Erik Gotfredsen
Corporate Ian Stone
Corporate Nicholas Hoskins
Finance Roderick Forrest
Finance Erik Gotfredsen
Funds Roderick Forrest
Funds Nicholas Hoskins
Insurance/reinsurance Ian Stone
Insurance/reinsurance Erik Gotfredsen
Litigation Richard Horseman
Litigation Jai Pachai
Private client and trust Nicholas Hoskins
Private client and trust Roderick Forrest
Private equity Roderick Forrest
Private equity Ian Stone
Real estate Michelle Stone
Shipping Erik Gotfredsen
Shipping Ian Stone
PhotoNamePositionProfile
Ms Debby Correia photo Ms Debby CorreiaDebby Correia is an Associate and divides her time within the Litigation,…
Ms Katrina Dickson photo Ms Katrina DicksonKatrina is a Property Attorney & Barrister
Mr Alex Evans photo Mr Alex EvansAlex is an Associate in the Corporate Department and his practice includes…
Ms Jemima Fearnside photo Ms Jemima FearnsideJemima (known informally as Jemma) is a Senior Counsel in the Corporate…
Mr Roderick Forrest photo Mr Roderick ForrestRod Forrest is a Director and Senior Counsel in the Corporate Department and…
Mr Erik Gotfredsen photo Mr Erik GotfredsenErik Gotfredsen is a Shareholder and Senior Counsel of Wakefield Quin Limited…
Mr Wendell Hollis photo Mr Wendell HollisSenior Counsel
Mr Richard Horseman photo Mr Richard HorsemanRichard Horseman is a Director and Senior Counsel in the Litigation Department…
Mr Nicholas Hoskins photo Mr Nicholas HoskinsNicholas Hoskins is a Senior Counsel and Managing Director of Wakefield Quin…
Ms Larina Kenny photo Ms Larina KennyLarina is an Associate in the Corporate Department and her areas of…
Mr Johann Oosthuizen photo Mr Johann OosthuizenJohann Oosthuizen joined Wakefield Quin Limited in January 2014 as an Associate…
Mr Jai Pachai photo Mr Jai PachaiJai Pachai is a Senior Counsel and Director of Wakefield Quin Limited…
Mr Ian Stone photo Mr Ian StoneIan Stone is a Director and Senior Counsel in the Corporate Department…
Mrs Michelle Stone photo Mrs Michelle StoneMichelle Stone is Head of the Property Department at Wakefield Quin Limited. Michelle…
Ms Cristen Suess photo Ms Cristen SuessCristen Suess is an Associate in the Litigation Department and her practice…
Mr Scott Swainson photo Mr Scott SwainsonScott Swainson is a Senior Counsel in the Property Department of Wakefield…
Ms Celia Tuzo photo Ms Celia TuzoAssociate
Number of lawyers : 20
Total staff : 50
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