Conyers > Hamilton, Bermuda > Firm Profile
PO BOX HM666
CLARENDON HOUSE, 2 CHURCH STREET
HAMILTON HM CX
Conyers > The Legal 500 RankingsCharles Collis following Graham Collis ’ retirement, Conyers’ practice possesses an enviable track record in high-end IPOs, note and debt offerings, securitisation matters, and shipping and aircraft financing. The department has recently been involved in several major deals involving large cruise companies, and continues to retain major oil and gas clients, particularly for note offerings. Within the group, Victor Richards specialises in high-value shipping and aircraft ship financings, Jason Piney is noted for his knowledge of aircraft securitisations and financings as well as capital markets work, Marcello Ausenda is an all-rounder with extensive experience across a host of financing and capital markets deals, while Sophia Greaves exhibits expertise in the regulations that affect public companies and financial institutions. Counsel Angela Atherden and Edward Rance , who was promoted to director in April 2021, are further names to note.
Other key lawyers:
Viking Cruises Ltd.
JPMorgan Chase Bank N.A
Bank of N.T. Butterfield
- Advising Textainer Group Holdings Limited on its issuance of depositary shares representing an interest in its 7.00% Series A Preference Shares at an aggregate public offering price of $150m.
- Advised Viking Cruises Ltd on its offering of $350m aggregate principal amount of 7.00% Senior Notes due 2029 and to Viking Ocean Cruises Ship VII Ltd in connection with its offering of $350m aggregate principal amount of 5.625% Senior Secured Notes due 2029.
- Advised Carnival Corporation on a private offering of $775m aggregate principal amount of 10.775% second-priority senior secured notes due 2026 and €425m aggregate principal amount of 10.125% second-priority senior secured notes due 2026.
Under the leadership of Charles Collis following Graham Collis ’ recent retirement, Conyers’ corporate practice provides clients with ‘thoughtful, practical and timely advice about sophisticated legal questions under Bermuda law’. In addition to its considerable experience in large-scale M&A, the department also regularly advises on major corporate restructurings, shipping and aircraft issues and general corporate and commercial work, especially in the insurance space. Marcello Ausenda places an emphasis on public company work, securities matters, financing issues, and corporate relocations and restructurings, whereas Jason Piney stands out for his track record in high-stakes M&A and joint ventures. Elsewhere, Jennifer Panchaud , Neil Henderson , Niel Jones , Chiara Nannini , Guy Cooper , Edward Rance (who was promoted to director in April 2021) and associate David Stubbs are also well-versed in corporate and commercial transactional and advisory work.
Other key lawyers:
‘Conyers provides thoughtful, practical and timely advice about sophisticated legal questions under Bermuda law. They are very responsive and provide great work product under tight deadlines.’
‘Niel Jones is an outstanding lawyer, providing thoughtful advice to difficult legal questions in complicated transactions and general governance. He is responsive and is able to seamlessly coordinate with transaction counsel to provide a great result for the client.’
New Fortress Energy
Leif Höegh & Co. Ltd.
Viking Cruises Ltd.
- Advising the IHS Markit/S&P Global merger on all Bermuda law aspects of the deal to IHS Markit, noting that it is a Bermuda law-governed merger.
- Advised New Fortress Energy Inc. on its acquisition of Hygo Energy Transition Ltd., a Bermuda company, and Golar Energy LNG Partners LP.
- Advised Bermuda exempted company Valaris Limited on its financial restructuring and emergence from Chapter 11 bankruptcy.
Bermuda > Dispute resolution Tier 1While Conyers has ‘the historical credentials of past glories, the current team matches that and goes beyond to even higher levels‘, renowned for its frequent involvement in the region’s most complex and high-value disputes. With considerable experience appearing before arbitral tribunals, the Bermudan Civil and Commercial Courts, the Court of Appeal and the Privy Council, the ‘very effective and experienced‘ department has expertise in international commercial litigation, trust disputes, large-scale restructuring and insolvencies, and insurance and reinsurance disputes. The department is overseen by Christian Luthi , who focuses on company disputes, namely shareholder valuation, minority suppression and corporate governance issues. Trusts and estates expert Jeffrey Elkinson and Ben Adamson , in particular, are viewed as ‘exceptionally imaginative and agile lawyers, seemingly unfazed by any eventuality‘. Also adept in this area are ‘true fighter’ Scott Pearman and the ‘highly knowledgeable‘ Rhys Williams , who was promoted to director in April 2021.
‘Conyers are the Bermuda leader in this area, with excellent knowledge of local practice and the resources to deliver high quality services within ambitious timelines.’
‘Christian Luthi and Rhys Williams are highly knowledgeable, very responsive and strategic in their approach to complex cases. They also work well with overseas teams to deliver coordinated solutions.’
‘Simply the best – strength in numbers and in depth and experience. The firm on the island least dependent on English counsel – punches its weight and holds its own. They are in all the biggest of cases. The go-to firm on the Island without question.’
‘Jeffrey Elkinson and Ben Adamson are exceptionally imaginative and agile lawyers, seemingly unfazed by any eventuality. They are assisted by very able associates.’
‘Excellent service and highly knowledgeable in insolvency and commercial disputes. One of the top firms in Bermuda for this type of work.’
‘Conyers in Bermuda is in a class of its own. Not only has it got the past historical credentials of past glories, but the current team matches that and goes beyond to even higher levels. Scott Pearman is a stand-out litigator at the firm. He is a true fighter and has great judgment.’
‘Conyers have a very effective and experienced team with Jeff Elkington, a first-rate advocate. They work well with the English bar and are able to attack some of the best silks to act in cases with them. They have particular experience in fraud cases and trust disputes.’
‘Ben Adamson is also a safe pair of hands and is a calm and hardworking lawyer who gives sensible and practical advice. I have worked with a number of firms in Bermuda and I would regard Conyers as one of the best.’
The Bank of N.T. Butterfield & Son Limited
Bermuda Monetary Authority
American International Company Limited (AIG)
Treaty Unit, Government of Bermuda
Bermuda Health Council
Director of Public Prosecutions
RenaissanceRe Holdings Ltd.
- Acting for Grand View Private Trust Company in one of the largest trust disputes in the world.
- Acting for a number of creditors representing approximately $75m in debt owed by segregated accounts operated by Northstar Financial Limited.
- Acted for Li & Fung in connection with contentious privatisation of Li & Fung by way of shareholders’ scheme of arrangement in conjunction with Conyers Hong Kong.
Other key lawyers:
‘Depth of experience, superior knowledge of the Bermuda market.’
‘With his depth of knowledge and experience, Charles Collis is supreme. Jacqueline King is an excellent addition to the partnership team and provides pragmatic advice and exceptional service.’
‘They have one of largest insurance practices in Bermuda, with Tier 1 clients. Their size allows transactions to get the attention they need.’
‘Very responsible and hands-on. Their responses are thoughtful and commercial.’
‘The team displayed an intimate knowledge of the regulatory landscape in Bermuda, and practical advice on how to implement solutions to meet our needs. Chiara Nannini was particularly knowledgeable.’
‘Strong knowledge of the Bermuda insurance/reinsurance regulatory environment.’
‘Alexandra Macdonald is a sharp lawyer with deep knowledge of the Bermuda regulatory regime. Her collegial and collaborative approach is an asset in getting deals over the line.’
‘The partners are engaged in our business at every level. They understand our organisation and can serve in any role whether it be counsellor, adviser, sounding board, and even just a good listener. Sophia Greaves and Charlie Collis in particular have spent the time to know who we are as a company so that their advice is not just legally sound, but often the “right move” for our firm.’
Allied World Company
Athene Holdings Limited
Randall & Quilter
- Acted for Conduit Holdings Limited on the incorporation and licensing of its subsidiary Class 4 insurer and its initial public offering and listing on the Main Market of the London Stock Exchange.
- Represented Sirius International Insurance Group, Ltd. in its $788m merger with Third Point Reinsurance Ltd., creating a $3.3bn company renamed SiriusPoint Ltd.
- Advising Watford Holdings Ltd. on its pending acquisition by Arch Capital Group Ltd.
Bermuda > Real estate Tier 1Led by Francesca Fox , the Bermuda property department at Conyers has experience acting in large deals concerning the full spectrum of asset classes, including hotel, office, residential, retail and mixed-use properties. Fox excels in an array of real estate transactions, ranging from the acquisition and redevelopment of major hotels to the implementation of key infrastructure projects, to the acquisition and disposal of high-end residential properties for local and international clients. High-value leases and complex property financing work are additional key bedrocks of the department.
Other key lawyers:
Dovetail + Co
Hotelco Bermuda Holding Ltd.
Gencom Acquisition LLC
Hamilton Properties Limited
- Advised Dovetail + Co on its acquisition of the Cambridge Beaches Resort & Spa.
- Advised MND Properties Limited on the pre-completion corporate occupier lettings at Point House.
- Advised Hotelco Bermuda Holding Ltd. on the completion of the St. Regis Resort and the sale of its hotel residences.
Other key lawyers:
‘I have been very impressed by their knowledge of trusts law, commercial law and other legal areas relevant to private client work. I have also been very impressed by their good judgment, client care and sheer hard work.’
‘High praise for Ben Adamson, Helen Cooper, Anna Bruce-Smith and Peter Pearman. Knowledgeable, thoughtful, sensible and able to build rapport with clients.’
‘Partners are extremely competent and able to provide appropriate and practical guidance on substantive estate planning matters with respect to Bermuda and as Bermuda compares to other offshore jurisdictions.’
‘Practical, timely responses to inquiries.’
‘I have worked with a number of the lawyers at Conyers for over 15 years. We instruct them on some of our most significant matters, for clients with assets of hundreds of millions of dollars, and in many cases, billions.’
‘I have worked the most with, and think extremely highly of, Peter Pearman, Helen Cooper, Craig MacIntyre and Karen Corless. Each is extremely knowledgeable, dedicated and hard-working, sophisticated in his or her practice and displays valuable judgment. Peter Pearman is the senior partner of the group and can be counted on for experience, wisdom and thoughtful creativity. Craig MacIntyre has emerged as a highly successful partner, expert in many fields, very practical and solution focused. Helen Cooper is a calm, collected, highly experienced expert in her field with whom we work regularly, always to our delight. Karen Corless is a very talented trust lawyer with great experience and judgment.’
‘Ben Adamson is fiercely bright and knowledgeable in this arena, with a commercial approach. Clients love him, and rightly so. Peter Pearman is a grandfather of Bermuda trusts. Anna Bruce-Smith is hard-working, practical and clever.’
‘Conyers has established itself as the pre-eminent practice – with experienced specialist trusts and private client dispute resolution partners who ensure that a comprehensive contentious, as well as non-contentious service, is available to clients, increasingly invaluable as large scale trusts litigation is having to be handled by the Bermuda Courts.’
Under the leadership of Julie McLean , the regulatory group at Conyers, which is comprised of fund, insurance and corporate specialists, advises on a range of regulatory requirements and is particularly adept at advising on anti-money laundering and counter-terrorist financing policies as they apply to investment funds, most notably assisting clients with submissions to the Bermuda Monetary Authority. Sitting as an associate within the team, Andrew Barnes also specialises in data protection and privacy requirements, guiding insurance and corporate clients through compliance with the Personal Information Protection Act.
Other key lawyers:
‘Competent, timely advice.’
‘I have successfully worked with associate Andrew Barnes on several projects, and he is particularly helpful on insurance industry regulatory issues.’
‘Very knowledgeable and quick to reply. Regulatory updates are well adapted to our business and always relevant.’
‘Julie McLean (JM) has been our firm’s contact person for years. From the beginning of our business relationship up until now JM has always shown excellent knowledge of relevant rules and regulations and how to apply them to our business. JM is always quick to respond to queries and has valuable input when negotiating new business agreements and setting up new entities.’
Conyers > Firm Profile
Founded in 1928, Conyers is an international law firm with a broad client base including FTSE 100 and Fortune 500 companies, international finance houses and asset managers. The firm advises on Bermuda, British Virgin Islands and Cayman Islands laws, from offices in those jurisdictions and in the key financial centres of London, Hong Kong and Singapore.
The firm’s expertise includes corporate law and finance including investment funds and private equity, equity and debt capital markets, M&A, banking and finance (conventional and Islamic), asset finance including shipping and aircraft finance, restructuring and workouts, the formation of entities including companies and partnerships, corporate governance and insurance and reinsurance.
Main Areas of Practice:
Insurance & Reinsurance:
The firm’s lawyers act for the majority of Bermuda’s insurance and reinsurance companies and are heavily involved in the formation and structuring of new Bermuda insurance companies. They are also integrally involved in the burgeoning Cayman Islands insurance industry, which boasts the second largest domiciliation rate for captives after Bermuda. In addition, they provide insurance advice in the British Virgin Islands, which continues to grow as it shifts in focus to more varied and sophisticated segments of the insurance market. Conyers’ insurance practice is complemented by experienced corporate, trust and litigation lawyers, and its litigators regularly provide expert advice in substantial insurance and reinsurance litigation.
The funds team provides advice on fund structures (including Shari’a-compliant funds) and asset classes including hedge funds, private equity funds and property and infrastructure funds. The team advises asset managers and investors on fund formation and structuring (including constitutional and contractual documentation) and assists with incorporation, registered office and secretarial services, regulation and compliance, as well as restructuring, liquidation, insolvency and winding up of funds.
M&A & Joint Venture:
Conyers’ M&A and joint venture practice group advises on significant offshore transactions and financing matters. Conyers is the market leader for offshore IPOs, advising clients listing on all major exchanges. Lawyers provide specialist advice on all stages of the listing process from pre-IPO restructuring, formation of the listing vehicle and listing day.
Air Finance & Shipping:
The firm’s lawyers are at the forefront of offshore airfinance and shipping, representing airlines, leasing companies, shipowners, credit agencies and export-import banks and lenders on cross-border transactions.
Litigation & Restructuring:
Conyers’ litigators appear in leading decisions before the courts and in global, multi-billion dollar disputes. Insolvency and restructuring experience includes corporate bankruptcy, reorganisations and liquidations.
Private Client: Specialising in contentious and non-contentious work, the private client team’s experience includes creation and reorganisation of trusts and corporate structures for preservation of client capital and succession planning of ownership structures for family businesses. Trust litigators support the team in substantial trust litigation, acting for trustees, protectors and beneficiaries.
Conyers also provides a wide range of corporate administration, secretarial, trust, compliance, governance and company management services, and works in partnership with international clients, financial institutions, investment funds, high net worth individuals and others.
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MembershipsIBA (International Bar Association) INSOL
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