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DQ

THE CHAMBERS, 5 MOUNT PLEASANT, DOUGLAS, IM1 2PU, ISLE OF MAN
Tel:
Work 01624 626999
Fax:
Fax 01624 626111
Email:
Web:
www.dq.im

DQ is a leading Isle of Man-based law firm with international reach, particularly known for its expertise in regulatory and compliance, international tax investigations, cross-border insolvencies, banking and finance, trust and private client, employment, shipping and aviation work.

The firm: DQ offers a full range of legal, regulatory and compliance services to its local and global clients. DQ has cemented its position as a €˜go to€™ commercial firm for many City and international firms and is seen as a clear alternative to the two big traditional firms on the Isle of Man.

Partners and other lawyers at the firm have practised at some of the leading law firms in the Isle of Man, Cayman, BVI and Bermuda. DQ provides a highly responsive, bespoke service at competitive rates and is regarded by clients and competitors alike for its pragmatic and commercial 'can-do' approach to clients' requirements and quick turnaround times.

The firm has an established BVI law practice operated in the Isle of Man office and led by dual-qualified partner Stephen Dougherty.

Types of work undertaken: DQ has a leading regulatory and compliance team in the Isle of Man, with significant experience advising on all aspects of regulatory and compliance matters, including establishing financial services businesses, data protection, regulatory enforcement and international tax and securities investigations. Four members of the team are accredited data protection practitioners. In addition the team engages regularly with the island's regulators and is at the forefront of lobbying for pragmatism in any changes to the island's regulatory and AML regime.

DQ has expertise in an extensive range of corporate and commercial matters involving the Isle of Man. Clients include local and multinational corporations, insurance companies, banks, public bodies, entrepreneurs and HNWIs. DQ also has established relationships with City, European and US law firms. Areas of expertise include mergers and acquisitions, banking and finance, insurance, listings, directors' duties and corporate governance, partnerships/limited partnerships, employment and pensions. The team was the sole Isle of Man legal adviser to one of the largest e-gaming/e-business acquisitions of 2016 (with a deal value of around £1.2bn) when GVC Holdings plc successfully bid for, and acquired, bwin.party Digital Entertainment.

The firm also provides BVI specialist advice including corporate and commercial services, litigation and dispute resolution, trusts, company and re-domiciliation of companies to and from the BVI.

DQ leads the way in both shipping and aviation on the island. The top-ranked shipping practice works with some of the biggest names in the ship industry . The team has extensive experience of advising on the finance of new builds, purchases and the preparation, registration and enforcement of related security documents. The highly regarded aviation practice advises on both Isle of Man and BVI law and provides a full service to clients involved in the structuring, ownership, operation and funding of business jets and helicopters. The Isle of Man Aircraft Register is the largest offshore business aviation register in the world and continues to go from strength to strength with its unparalleled reputation in the industry.

Dispute resolution expertise includes asset recovery, banking and insolvency, contractual matters, corporate disputes, estate and trust disputes, judicial review, professional negligence, personal injury and property litigation. The top-ranked employment team advises trust and corporate services providers, banks, charities and both private and public sector employers on issues ranging from day-to-day HR queries through to complex corporate restructuring and litigation.

The first-tier specialist trusts, pensions and private client team provides a complete, integrated service to local and international clients. The team also provides specialist advice on establishing and administering Isle of Man foundations and Isle of Man hybrid companies. Clients include banks, corporate trustees and other leading institutions both on and off the Isle of Man as well as individuals who are non-UK domiciled and wish to use an Isle of Man structure.

DQ's strategic aim is to maintain excellence in its core sectors and to continue to provide clients with creative, innovative and commercial solutions.

  • Number of Isle of Man partners: 5
  • Number of other Isle of Man fee-earners: 10
  • Breakdown of work %
  • Corporate and commercial: 55
  • Dispute resolution and employment: 25
  • Regulatory and compliance: 10
  • Trusts and private client: 10

Above material supplied by DQ.

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