Firm Profile > Maples Group > Grand Cayman, Cayman Islands

Maples Group
PO BOX 309
UGLAND HOUSE, SOUTH CHURCH STREET,GEORGE TOWN
GRAND CAYMAN KY1-1104
Cayman Islands

Banking, finance and capital markets Tier 1

At Maples Group, the 'market-leading' team is particularly active in high-end structured financing transactions and is engaged on a large proportion of the region’s US collateralised loan obligation (CLO) deals with Cayman issuers. In a recent highlight led by 'brilliant' fund finance practice head Tina Meigh and James Reeve, the group acted for Bain Capital in a novel $501m deal - the first CLO in which a Cayman LLC was employed as the note issuance vehicle. Finance lawyers in the team also specialise in banking regulations, fund finance issues, insurance-linked securities, listings and asset finance mandates, particularly aircraft and shipping finance work. The group also receives instructions involving debt and equity capital markets, with Anthony Philp particularly effective in this field. Scott Macdonald heads up the firm’s global finance offering, while Jonathon Meloy and Sherice Arman are co-heads of the firm’s asset finance team in the region. Mark MatthewsWanda Ebanks and John Dykstra are further names to note at partner level; Amanda Lazier and Lucy Sleep are highly regarded associates.

Practice head(s):

Testimonials

‘Maples are the market leader and are outstanding in all areas when supporting our Cayman business. The response times, quality of first drafts, technical support and advisory support are all market leading. Additionally their charges are more than reasonable.’

‘I have had the opportunity to work with Maples on many occasions. Their team is thoughtful and creative and commercial. They are truly a pleasure to work with. They are at the top of my list if there is a Cayman entity in my deal.’

‘I have had the pleasure of collaborating with Tina Meigh. She is brilliant and a great person to have in your court. She always gets the job done and does it a commercial way. Her energy in focus on excellence in her team is also truly amazing.’

‘Wanda Ebanks – Relationship Partner and our main point of contact – extremely responsive and incredibly knowledgeable.’

‘Over the years, Tina Meigh has consistently been reliable and dependable in all finance, structured finance, and derivatives matters that my firm and my clients have involved her. She has an excellent pulse of the local market and is involved in cross border dealings and developments, including with the various industry associations.’

‘Maples’ Banking & Finance team is involved in all most relevant matters in the industry, making Maples the most effective go-to firm. The teams is consistently recognized by in-house counsel and other law firms as the first choice in the Cayman Islands.’

Key clients

Ares Management

Avolon

Blackrock

Blackstone

BOC Aviation

Goshawk Aviation

LATAM Airlines

Prudential

TPG

Zephyrus

Corporate and commercial Tier 1

With a team of ‘quality, seasoned lawyers’, Maples Group has ‘unparalleled depth of expertise’ in Cayman corporate matters including domestic and cross-border M&A transactions, formations and constitution work, corporate restructurings, corporate governance practices and other general corporate and commercial advisory matters. The department focuses on assisting financial services, pharmaceuticals, media and energy clients and fields a dedicated Latin America group. Kieran Walsh, who co-heads the Latin America group, advised XP Inc. on the Cayman aspects of its $2.3bn IPO including handling the significantly complex shareholder arrangement negotiations. Managing partner Matthew Gardner leads the local corporate group, which includes M&A expert, Michael Johns, public company specialists Suzanne Correy and Daniel Lee, Simon Firth and regulatory practice head Christopher Capewell. Other names to note are Shari Seymour and Finn O’Hegarty.

Practice head(s):

Testimonials

‘Client service from Kieran Walsh and team is just perfect. Plus, it is a great hands on team. very good on the technical side.’

‘Kieran Walsh – the best partner in Cayman by far…’

‘Unparalleled depth of expertise in this field; quality seasoned lawyers with commercial mindsets driven by client objectives and not their own.’

‘Matthew Gardner remains the go to person for all Cayman corporate matters; his knowledge and application of the law supplemented by relevant client experience means that his advice is not just simply legal advice but relevant commercial business advice. He remains accessible to clients and ensures a level of prompt responsiveness not normally seen in someone so senior. He’s also developed a quality team in his own image; thorough, knowledgeable and presentable.’

Key clients

Afya Limited

Blackrock

Bioceanico

CSN Islands XI Corp

Francisco Partners

KKR

LCM Asset Management

LGT Bank

Lima Metro

New Frontier Group

Odebrecht

Platinum Equity Partners

SK Capital Partners

Social Capital Hedosophia

TPG Pace Holdings Corp

Union Acquisition Corp. ll

XP Inc.

Dispute resolution Tier 1

Attracting praise for its expertise in complex multi-jurisdictional matters, the ‘skilled and responsive’ team at Maples Group has a ‘deserved reputation for quality outcomes’ in Cayman litigation. Singled out as ‘probably the most experienced offshore litigator’ in Cayman, Aristos Galatopoulos sits as global head of the dispute resolution and insolvency practice, which handles a broad range of international commercial disputes. Key areas of strength include insolvency and restructuring issues, fund disputes, finance-related claims, shareholder litigation, fraud and asset tracing issues, and maritime disputes. In a recent stand-out matter, consultant Mac Imrie represented Nord Anglia Education in the Cayman's largest fair value proceedings to date valued at $1.2bn concerning shares owned by dissenting shareholders. Elsewhere, James Eldridge specialises in insolvency-related issues, particularly distressed funds, and Caroline Moran is noted for her expertise in restructuring mandates. Luke Stockdale, of counsel Nick Herrod and associate Adam Huckle are further names to note in the team. Colin McKie QC retired in late 2020.

Practice head(s):

Testimonials

‘Excellent team. Top restructuring and litigation group locally. Practical. Technically very strong.’

‘Maples were chosen by us due to their prior experience in the Cayman Islands with complex multi-jurisdictional personal insolvency matters, which are a rarity on the island, as well as their deserved reputation for quality outcomes.’

‘Very strong corporate practice and real depth in litigation services.’

‘Mac Imrie – very experienced litigator, good judgment, good advocate. Caroline Moran – thorough, easy to work with. Malachi Sweetman – very hard working, experienced. Lukas Schroeter – brimming with ideas.’

‘Probably the largest offshore firm. Their litigation team has a depth and experience that makes them the go to for very large cases.’

‘James Eldridge – excellent knowledge of structures / funds, highly experienced and widely respected.’

‘Aristos Galatopoulos – probably the most experienced offshore litigator, has led the group for a long time and in our experience given excellent advice / support.’

‘The team is superb with a deep bench including Luke Stockdale and Paul Smith. Thoroughly knowledgeable in the law, great strategic and tactical thinkers, and practical in their approach. Maples clearly stands out.’

‘Maples are best in class in Cayman. Excellent partners and associates, accessible, responsive and most importantly transparent and accurate billing.’

Key clients

Nord Anglia Education (NAE)

eHi Car Services Limited

Xiaodu Life Technology Limited

Pacer Construction Holdings Corp

Diamond Offshore International Limited (DOIL)

Premium Point funds

China Shanshui Cement Group Limited

Ascot Fund Limited (In Official Liquidation)

Waypoint Leasing Holdings Ltd

Ting Chuan (Cayman Islands) Holding Corp and China CVS (Cayman Islands) Holding Corp

TPG

Deloitte

Grant Thornton

KPMG

PwC

Investment funds Tier 1

With a substantial number of the world’s largest private equity firms and hedge funds as clients, Maples Group advises across the spectrum of fund and investment management products. Within this area, it is a go-to practice for assisting with hedge funds, fund of funds, master-feeder funds, liquid alternatives, credit funds, hybrid funds and unit trusts. Jon Fowler is global head of the firm’s funds and investment management team and Michael Richardson heads up the local Cayman group, while Iain McMurdo, who is the global head of private equity, focuses on the formation of private equity funds and the resulting downstream transactions. Alongside Sheryl Dean, Gwyneth Rees, Tim Coak, Jeremy BomfordJonathan Green and Julian Ashworth, all of whom are vastly experienced in the space, Jo Cunningham is particularly active on major mandates; in a recent stand-out matter, Cunningham advised Fortress Investment Group LLC on the launch of its first direct lending fund valued at $2bn. Of counsel Stephen Watler is also noted, while at senior associate level, Michelle Richie and Lee Davis are highly regarded.

Practice head(s):

Testimonials

‘Impeccable service and very professional advice.’

‘Andrew Keast is very responsive, professional and very pleasant to work with.’

‘The best legal team for funds in Cayman in my view. Very knowledgeable, creative when needed. Work product is very high quality, typically. Because they have such a strong market position, when they tell you what is “market” with respect to a term or practice, it carries a lot of weight. They have a very strong name recognition in the industry.’

‘Jon Fowler is the top funds lawyer in Cayman in my view. Outstanding lawyer, but also very practical.’

‘Maples has the leading investment funds practice in the Cayman Islands. Their collection of talent is impressive, as is their ability to take on challenging issues. They are responsive and commercial.’

Key clients

Advent International

Apollo Global Management

Ares Management Corporation

Bain Capital

Bessemer Venture Partners

Blackstone

Bromford Industries

Fortress Investment Group LLC

MBK Partners

Morgan Stanley

Partners Group

Sculptor Capital

SKY Leasing

Thoma Bravo

Wynnchurch Capital

Regulatory and compliance Tier 1

Maples Group fields a team of dedicated regulatory specialists, which advises on a multitude of financial services regulatory frameworks, particularly the conduct and business obligations of regulated entities including banks, investment managers, trust companies and fund administrators. Working closely with the firm’s funds, finance and corporate departments, the group frequently advises on anti-money laundering issues and sanctions compliance, data protection laws and Economic Substance mandates. The team is headed by Christopher Capewell, who also advises a range of offshore vehicles on the Securities Investment Business Law, the Foreign Account Tax Compliance Act, the OECD Country-by-Country Reporting regime and the EU’s Mandatory Disclosure Regime. Promoted to partner in 2019, Tim Dawson is a member of a number of government regulatory working groups. Another name to note is Sarah Farquhar, who was previously a senior executive at HSBC in London and joined the team as an associate in 2019.

Trusts/private client Tier 1

Headed up by contentious and non-contentious trusts expert Morven McMillan, Maples Group advises world-leading financial institutions, foreign governments, high-net-worth individuals, families, charities and other trust companies on local private wealth structures. As well as being active in trust disputes, which increasingly involve associate Adam Huckle, the department advises clients on complex cross-border estate and succession planning matters and also the use of trusts as part of international commercial transactions. Promoted to of counsel in late 2019, Maxine Bodden specialises in advising on the establishment and administration of Cayman trusts including unit trusts, pension and employee benefit trusts, and charitable trusts. Experienced litigator Colin McKie QC retired in late 2020.

Insurance/reinsurance Tier 3

Maples Group’s insurance team, which is led by Tim Frawley, is particularly active in insurance-related M&A and corporate matters and regulatory compliance work. As well as advising on the licensing of insurers, managers and brokers and capital insurance issues, the group also has experience in insurance-related disputes. Abraham Thoppil and John Dykstra are other key lawyers in the group; Dykstra is highly adept at dealing with catastrophe bond transactions.

Practice head(s):

Other key lawyers:

Testimonials

‘Highly knowledgeable. Good regulatory experience. Responsive to queries.’

‘Abraham Thoppil is highly responsive and gives direct answers and guidance. Abraham is highly supportive of the jurisdiction and our company. Proactively reaches out when matters impacting our company arise.’

Key clients

United Insurance Company

Signature Insurance Company

United SPC

Cayman First Insurance Company Limited

Oxbridge Reinsurance Limited

Knighthead Annuity & Life Assurance Company

Nassau Re (Cayman) Ltd.

Island Heritage Insurance Company, Ltd.

Brac Insurance Associates Ltd.

Magni Re Ltd.

NIB Travel Services Limited

Oxbridge Re NS

Nassau Re (Cayman Brac) Ltd.

Real estate Tier 4

Associate George Loutas heads up Maples Group's property and construction team, which is primarily involved in the sale and purchase of high-value commercial properties. The team also has a track record in hotel and tourism law, property financing issues, strata title law, construction matters, tendering and procurement work, and real estate-related dispute resolution.

Practice head(s):

Testimonials

‘Dedication, responsiveness and knowledge.’

Key clients

Atlantic Star Limited

Bank of the Ozarks

Butterfield Bank (Cayman) Limited

Cayman Islands Government

EY Cayman Ltd

Grupo Dolphin

Island Heritage Ltd

Kimpton Hotel Group

Port Authority of the Cayman Islands

Remax Cayman Islands Ltd

Rosseau Ltd.

Royal Bank of Cayman (Cayman) Ltd

Vista Del Mar Development Ltd

Wells Fargo Bank Ltd.

The Maples Group is a leading service provider offering clients a comprehensive range of legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services. The Maples Group distinguishes itself with a client-focused approach, providing solutions tailored to their specific needs. Its global network of lawyers and industry professionals are strategically located in the Americas, Europe, Asia and the Middle East to ensure that clients gain immediate access to expert advice and bespoke support, within convenient time zones. For more information, please visit: maples.com.

Department Name Email Telephone
Investment funds Jon Fowler
Corporate and commercial Edward Miller
Finance and banking Mark Matthews
Litigation Aristos Galatopoulos
Number of Global partners : 132
Number of other Global fee-earners : 214
Other offices : Cayman Islands
Other offices : Dubai
Other offices : Dublin
Other offices : Hong Kong
Other offices : Jersey
Other offices : London
Other offices : Luxembourg
Other offices : Singapore
Contacts : Alasdair Robertson, Global Managing Partner