Chelon Carr-Newbold > Lennox Paton > Nassau, Bahamas > Lawyer Profile
Lennox Paton Offices
3 BAYSIDE EXECUTIVE PARK
WEST BAY STREET & BLAKE ROAD, PO BOX N-4875
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Chelon is a partner in the Real Estate, Resort Development and Private Client Groups. In recent years, she has developed a niche and invaluable experience in resort development involving all aspects of resort acquisitions and sales, project financing and master planning while also maintaining a strong private client practice.
Chelon has routinely acted in some of the leading resort, residential and commercial projects in The Bahamas and for some of the leading financial institutions and lender groups in the financing of development projects. Most notably, she has acted in the $2.5 billion secured financing of the Baha Mar Resort Development Project and then subsequently for Deloitte & Touche and Deloitte Touche Tohmatsu in the much publicized receivership and distressed sale of the Baha Mar Resort where she primarily served as team leader for the commercial team and she also worked closely with the insolvency team.
Chelon has a wealth of experience in helping clients navigate all aspects of the sale, acquisition, project financing and development process from the due diligence phase up to completion of the project. She provides the full range of advisory services on foreign direct investment and incentive schemes, regulatory approvals, subdivision approval and bonding, master planning, the negotiation of heads of agreement and joint venture agreements with the Bahamian Government.
Chelon has a strong reputation amongst her peers for her particular knowledge and experience with structuring condominium developments. She is accustomed to working on complex residential and commercial property transactions and her notable client base consists of real estate developers, foreign counsel, financial institutions, corporate and private clients based throughout the world.
- Admitted to the Bar in England and Wales and The Bahamas in 1996
- The Bahamas Bar Association
- The Honourable Society of Lincoln’s Inn, London
- University of Western Ontario, Canada
- University of Leeds, UK
Lawyer Rankings(Leading individuals)
Lennox Paton’s practice, led by David Johnstone, handles many of The Bahamas’ most high-value real estate matters including resort, residential, and commercial projects throughout the region. As well as having a strong high-net-worth private client base, the team also assists luxury developers as well as leading financial institutions and lender groups with the financing of development projects. In a recent highlight, the group acted for Taylor Freres Americas on the $500m development of Phase I of a branded mixed-use resort on Cat Island, including a large branded condo-hotel programme, a golf course and a marina. With particular expertise in property acquisitions, project financing matters and master planning issues relating to large integrated mixed-use resort and residential developments, the department also has experience with regulatory approvals and sales programmes. Deputy practice head Chelon Carr-Newbold has extensive experience advising on large, high-profile projects, with a notable emphasis on work for high-net-worth individuals. Another key member of the team is senior associate Nateisha Anderson-Bain, who regularly works alongside Johnstone on the department’s significant transactions.