Conyers > Grand Cayman, Cayman Islands > Firm Profile

Conyers
SIX, 2ND FLOOR, CRICKET SQUARE
PO BOX 2681
GRAND CAYMAN, KY1-1111
Cayman Islands

Cayman Islands > Insurance/reinsurance Tier 1

Conyers‘ team regularly advises clients across the full spectrum of insurance transactions with work involving captives, agents, brokers, reinsurance issues, alternative risk transfers, insurance financings, catastrophe bonds and other insurance-linked securities. Leading the insurance and reinsurance practice is Derek Stenson, who is praised for his experience advising a deep roster of international financial and insurance institutions on all aspects of insurance and reinsurance law and regulations. With expertise in insurance regulatory, commercial, financing and transactional matters, Philippa Gilkes is an ‘extremely valuable resource’ for the team, together with captive insurance expert Paul Scrivener, who is an independent consultant to the practice. Both Sarah Farquhar and Róisín Liddy-Murphy routinely advise insurer clients on a wide range of regulatory and compliance matters including CIMA licensing issues and registrations.

Practice head(s):

Derek Stenson

Testimonials

‘The Conyers Insurance/Reinsurance team lead by Derek Stenson have the extensive market expertise that enables them to offer strategic solutions. They are highly responsive, commercial and always a pleasure to work with.’

‘Derek Stenson is extraordinarily well connected within the Cayman Islands business community, enabling him to offer insights on emerging legal issues impacting his clients.’

‘Conyers is extremely strong in its understanding of the local legislation and regulation as well as our company. Their advice is accurate and timely and they are pleasant to deal with.’

‘Philippa Gikes has been an extremely valuable resource. She is smart, efficient and accurate in her advice.’

‘Conyers lawyers are commercially focused and also take the time to understand their client’s business operations and areas of particular concerns – as they arise from time to time. The solutions they provide are not just “quoting back the law”. Their advice is always exactly on point. They are by far and away the most knowledgeable insurance and reinsurance team on island.’

‘Derek Stenson is the reason to retain Conyers Cayman. He has a great reputation among US lawyers and there’s a good reason for that. He is very knowledgeable about Cayman (re)insurance laws and the business generally. He has good instincts and is rightfully self-confident so his quick answers are usually accurate.’

Key clients

Agam Capital Management

AIG

Aon

Arch Capital

Ascension Health

Aspida Holdings

Artex

Athene Holding Ltd.

Aran Re

Augusta Health

Axar Re

Baptist Health

Barents Re

Berkshire Hathaway

BOLT Reinsurance SPC

Cayman Islands National Insurance Company

CIBC Reinsurance

CIGNA

CIRCA (Cayman International Reinsurance Companies Association)

Coinbase Insurance

Comerica Bank

Converge Re

Crestline Re

F&G Re

Front Street Re

FWD Re

Global Atlantic Financial Group

Greenlight Re

Ibexis Life & Annuity

Island Heritage Insurance Company, Ltd.

Jackson National

KKR

Knighthead Annuity

Lexasure Financial Group

Liberty Mutual

Longtail Re

MetLife

Prudential plc

Nirvana Tech, Inc,

Northern Reinsurance SPC

Randall & Quilter Investment Holdings Ltd.

Reinsurance Group of America

Root Inc.

Royal Bank of Canada Insurance Company Limited

Scotiabank

Sompo

Talcott Life & Annuity Re, Ltd.

Tokio Marine

Topsail Re

United Insurance Company

Wilmington Holdings Corporation

Work highlights

  • Acted for Sixth Street on the establishment and licensing of Talcott Life & Annuity Re, Ltd. and provided legal and regulatory advice in respect of its entry into a reinsurance transaction with Principal Financial Group.
  • Provided legal and regulatory advice to Knighthead Annuity & Life Assurance Company in connection with the issuance by Knighthead of up to $50m Series A Fixed-Rate Prescribed Capital Notes.
  • Advised Augusta Healthcare, Inc. in relation to a quasi-partnership dispute involving a captive insurance company incorporated in Cayman to provide insurance solutions for not-for-profit healthcare systems (each operating several hospitals) in the state of Virginia, US.

Cayman Islands > Dispute resolution Tier 2

Led by Jonathon Milne and Erik Bodden, Conyers’ dispute resolution practice handles a wide range of high-value and cross-border disputes, with Bodden regularly appearing before the Privy Council, Cayman Islands Court of Appeal and the Grand Court. Praised for his  ‘incredible work ethic coupled with a sharp legal mind’, Milne is routinely instructed by clients on high-value liquidation proceedings. Newly promoted partner Spencer Vickers and counsel Alecia Johns are also highly recommended. Former group head Alex Potts KC departed to 4 Pump Court in mid-2023.

Practice head(s):

Erik Bodden; Jonathon Milne

Other key lawyers:

Testimonials

‘Sharp, prompt and succinct as they are in their advice and submissions, they do not rest on the laurels of their overflowing technical capabilities but mix it up with generous doses of hard work and round-the-clock responsiveness.’

‘Jonathon Milne – incredible work ethic coupled with a sharp legal mind.’

‘Strong team of talented litigators. Responsive and creative with a focus on providing practical and solution-driven advice. One of our go-to firms on island with close connectivity to their Hong Kong practice which is critical when dealing with cross-border work in the jurisdictions.’

‘Jonathon Milne is a very intelligent and diligent practitioner.’

‘I work mostly with Erik Bodden and Jonathon Milne, both of which are first-class lawyers and who provide timely, commercial legal advice.’

Key clients

Agricultural Development Fund

Changyou.com Limited

Joint Provisional Liquidators of Seahawk China Dynamic Fund

Joint Liquidators of Stanford International Bank

Access Industries Holdings LLC and AI Autoparts LLC

Colours Caribbean

Joint Official Liquidators of Lung Ming Mining Co., Ltd

PJSC National Bank Trust and PJSC Otkritie Financial Corporation

Midland Acres

Joy Union Holdings Limited and Charming China Limited

Touradji Capital Management LP

Augusta Health Care, Inc

Work highlights

  • Obtained leave to appeal to the Privy Council on behalf of Changyou.com Limited for a final determination of the correct statutory and constitutional interpretation of sections 233(7) and 238 of the Cayman Islands’ Companies Act.
  • Acted on behalf of Colours Caribbean before the Grand Court and Court of Appeal in successful proceedings to confirm the constitutionality of the legal protection extended to the LGBTQ+ community in respect of their private and family life.

Cayman Islands > Trusts/private client Tier 2

Led by Robert Lindley, Conyers’ private client and trust team advises on a wide range of non-contentious and contentious trust matters ranging from inheritance structuring issues and inter-generational asset transfers to relocations and providing structuring advice for the holding of cryptocurrencies, tokens and virtual assets. On the contentious side, the team is regularly involved in multi-party court applications with a cross-border element, notably focused on the Latin American markets. Counsel Wesley O’Brien is noted for his expertise in cross-border structures and is regularly sought out by clients for advice on the establishment and reorganisation of trusts and the related succession planning structures.

Practice head(s):

Robert Lindley

Other key lawyers:

Testimonials

‘Excellent team, very sound advice!’

‘Always get good advice in a timely manner.’

‘Robert Lindley is an excellent lawyer who is practical and is able to come up with solutions for clients in difficult circumstances. He is ably supported by Wesley O’Brien.’

‘Robert Lindley is an outstanding lawyer who thinks out of the box and is very solution oriented.’

‘Conyers have the knack of successfully navigating through some of our most challenging situations.’

‘Robert Lindley and Wesley O’Brien complement each other expertly as trusted legal advisers.’

Work highlights

  • Advised beneficiaries in respect of Cayman litigation before the Court of Appeal and Privy Council relating to the trustee’s funding arrangements.
  • Advised a family office for an ultra-high-net-worth family on trust structuring and family governance.
  • Advised the trustee of a Cayman trust in relation to disclosure requests and a complex restructuring of the trust and its underlying corporate structure, including navigating tax and family governance issues.

Cayman Islands > Banking, finance and capital markets Tier 3

Conyers' active practice spans multi-jurisdictional fund, structured and asset finance work and also has expertise in the insurance market. Practice head Matthew Stocker specialises aircraft and vessel financings, while also handling capital markets transactions and acquisition finance matters. Leading the firm's multi-disciplinary insurance finance team is Derek Stenson, who excels in fund finance matters and handles complex and high-profile structured finance and insurance finance transactions. Cora Miller is active in capital markets work and counsel Barnabas Finnigan concentrates on aviation and shipping finance transactions. Fund finance specialists Anna-Lise Wisdom and Michael O’Connor are also highly recommended.

Practice head(s):

Matthew Stocker

Testimonials

‘Conyers are committed, react quickly and our single point of contact takes care of the details in all jurisdiction in which the firm is involved. I am always impressed by their substantive expertise in so many jurisdictions. They are just great.’

‘Cora Miller and the team have worked with us for several years. They are knowledgeable in our subject matter, but perhaps more importantly, they are able to get assistance from qualified colleagues when we get out of their subject matter expertise. They carefully guide us to the right folks at Conyers to get all of our queries answered.’

Key clients

Prime Group Holdings

Cayman Islands > Corporate and commercial Tier 3

Led by offshore transactional expert Matthew Stocker, Conyers‘ corporate practice fields a well-established team which is well-equipped to advise on complex transactions including SPACs, M&A and corporate restructurings. Active in the Latin American market, Nicholas Pattman regularly advises financial institutions and corporate clients on a varied spectrum of corporate and finance transactions, while Cora Miller‘s practice spans corporate reorganisations, M&A and joint ventures; Miller also advises a range of clients on cross-border transactions. Alex Davies is a ‘pragmatic’ and ‘detail-oriented’ expert in public and private corporate transactions, and also advises on IPOs and SPACs. Counsel Matthew Harkness is a key contact for start-ups, managers, sponsors and financial institutions.

Practice head(s):

Matthew Stocker

Testimonials

‘The breadth of the Conyers team’s experience and coverage for an offshore firm is quite impressive!’

‘Matthew Stocker is always pleasant and works hard to meet timing expectations.’

‘Cora Miller is a consummate professional.’

‘Alex Davies is very clear-thinking and detail-oriented, but also pragmatic.’

Key clients

Freightos Limited

Golden Wheel Tiandi Holdings Company Limited

Enerflex

Dexin

Targus

Genesis Growth Tech Acquisition Corp.

Obagi Holding Company Limited

Cayman Islands > Regulatory and compliance Tier 3

Conyers‘ practice acts for a litany of regulated entities including banks, investment managers, fund administrators, trust companies and insurance companies on a range of regulatory matters. Head of the regulatory practice is Róisín Liddy-Murphy, who is noted for handling multi-jurisdictional and complex litigation proceedings. Robert Lindley focuses on private client matters including regulatory issues relating to pensions and private trust companies, while Derek Stenson is known for his expertise in insurance, reinsurance and structured products. Sarah Farquhar‘s broad practice spans CIMA licensing and registration work, economic substance advice, data protection issues, and anti-money laundering and counter-terrorist financing mandates.

Practice head(s):

Róisín Liddy-Murphy

Testimonials

‘The firm demonstrates expert knowledge in its jurisdictions and works in a very collaborative manner with its clients.’

‘I am continually impressed by the depth of knowledge shared easily by the individuals I have worked with; this makes them very easy to work with and to refer to clients.’

‘Diligent and on top of matters.’

Key clients

Conyers Trust Company (Cayman) Limited

PwC (Cayman)

Cayman Islands > Investment funds Tier 4

At Conyers, corporate department head Matthew Stocker also leads on fund work, and takes on a range of mandates on behalf of both open-ended and closed-ended investment funds, encompassing issues relating to hedge funds and private equity matters. In September 2023, the group added Theo Lefkos, who joined from Walkers and now leads the firm’s Cayman private equity team; he advises on the formation and operation of private funds and related downstream activities. The team on the ground is supported by the firm’s global funds practice, which has offices strategically located in London, Hong Kong and Singapore.

Practice head(s):

Matthew Stocker

Other key lawyers:

Matthew Harkness; Theo Lefkos

Foreign-based expertise > Leading firms

Overview Fielding teams in London, Hong Kong and Singapore, Conyers provides clients across the UK, Europe and Asia Pacific region with advice on a broad range of transactions including M&A, fund work and financing mandates. The firm covers Bermuda, BVI and Cayman law from each of the three bases, and counts a mixture of corporates, banks and other financial institutions on its client roster. For more information on specific regions, please click on the tabs below.
In Conyers’ Singapore office, the group is particularly active in advising on company formation issues and listing vehicles in the ASEAN region, and also excels in capital markets work, investment fund mandates and issues relating to the banking, aviation, shipping, real estate, healthcare and natural resources sectors. Preetha Pillai is head of the office and handles corporate and securities work involving Bermuda, BVI and Cayman law; she is ably supported by counsel Stacie Seetho. Conyers‘ Hong Kong base is highly regarded for its capital markets knowledge and has recently been a go-to name for IPOs and dual listings. Christopher Bickley leads the office and specialises in corporate finance work, which is also a key stream of work for Richard Hall. Mark Yeadon leads the disputes and restructuring practice, which also includes Norman HauPiers Alexander is the key contact for funds work, and Vivien Fung focuses on Cayman-related financing issues.
Celebrating its 25th anniversary in 2023, Conyers’ London base is home to office head Eric Flaye, who has previous experience in the BVI and excels in corporate work, handling M&A, joint ventures and private investment fund mandates; he is also an active member of the firm’s fintech practice. Nicholas Pattman is also recognised for his venture capital, private equity and hedge fund expertise and divides his time between London and Cayman. At counsel level, Barnabas Finnigan and Karoline Tauschke are key names to note, specialising in Cayman and Bermuda law issues, respectively.

Practice head(s):

Preetha Pillai; Christopher Bickley; Eric Flaye

Key clients

Freightos Limited

Golden Wheel Tiandi Holdings Company Limited

Seadrill Limited

3i Infrastructure plc

Fidelis Insurance Holdings Limited

Linden Capital Partners

Mercuria Energy Group

International Finance Corporation (IFC)

Work highlights

  • Provided Cayman legal advice to Freightos Limited on the completion of its business combination with Gesher I Acquisition Corp., a Cayman special purpose acquisition company.
  • Provided Cayman legal advice to ZJLD Group Inc. in connection with its HK$5.3bn IPO on the Main Board of The Stock Exchange of Hong Kong Limited.
  • Advised on the Cayman and BVI legal and regulatory aspects of Golden Wheel’s successful restructuring of three tranches of New York law governed senior notes in an aggregate principal amount of approximately $450m.

British Virgin Islands > Trusts/private client

Conyers‘ ‘very capable, experienced and attentive team’ provides comprehensive advice to a host of high-net-worth and ultra-high-net-worth individuals and families on both contentious court applications and non-contentious advisory matters related to trust structures and restructurings. Head of the team Robert Lindley is a key player in high-value trust restructuring applications, estate planning work and estate administration issues, acting for high-net-worth individuals. Matthew Brown‘s broad practice encompasses all contentious aspects of commercial, trusts and insolvency law; he is active before the Commercial Court and the Court of Appeal.

Practice head(s):

Robert Lindley

Other key lawyers:

Testimonials

‘Great team, very sound advice.’

‘Smooth on-boarding, very capable, experienced and attentive team.’

‘Robert Lindley – fast comprehension, strong in BVI law, well-experienced and international network.’

‘A big player in the Caribbean market. Well-resourced and capable of fielding big teams for large cases.’

‘Matthew Brown – a clever guy and a pleasure to work with. Very strong on the law and great to have on your team.’

‘Rob Lindley – a smart operator.’

Work highlights

  • Advised an executor in contested BVI probate proceedings involving cross-border issues.
  • Assisted a high-net-worth family with the establishment of complex dynastic BVI trusts and the underlying corporate structure.
  • Advised trustees in relation to contested trust dispute proceedings in relation to a multi-jurisdictional dispute.

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.

Funds:
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.

Client Services:
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.

Department Name Email Telephone
Head of Office Alan Dickson alan.dickson@conyers.com +1 345 814 7790
Corporate Matthew Stocker matthew.stocker@conyers.com +1 345 814 7382
Private Client & Trust Robert Lindley robert.lindley@conyers.com +1 345 814 7360
Litigation & Restructuring Erik Bodden erik.bodden@conyers.com +1 345 814 7754
Litigation & Restructuring Jonathon Milne jonathon.milne@conyers.com +1 345 814 7797
Private Equity Theo Lefkos theo.lefkos@conyers.com +1 345 814 7794
Insurance Derek Stenson derek.stenson@conyers.com +1 345 814 7392
Regulatory & Risk Advisory Róisín Liddy-Murphy roisin.liddy-murphy@conyers.com +1 345 814 7371
Photo Name Position Profile
Erik Bodden photo Erik Bodden Partner, Co-Head of Cayman Islands Litigation & Restructuring
Alex Davies photo Alex Davies Partner
Alan Dickson photo Alan Dickson Partner, Head of Cayman Islands Office
Kiah Estwick photo Kiah Estwick Associate
Frank Farrell photo Frank Farrell Associate
Barnabas Finnigan photo Barnabas Finnigan Counsel
Philippa Gilkes photo Philippa Gilkes Counsel
Matthew Harkness photo Matthew Harkness Counsel
Sarah Howie (Farquhar) photo Sarah Howie (Farquhar) Senior Associate
Alecia Johns photo Alecia Johns Counsel
Theo Lefkos photo Theo Lefkos Partner, Head of Private Equity – Cayman
Róisín Liddy-Murphy photo Róisín Liddy-Murphy Counsel, Head of Regulatory & Risk Advisory (Cayman)
Róisín Liddy-Murphy photo Róisín Liddy-Murphy Counsel, Head of Regulatory & Risk Advisory (Cayman)
Robert Lindley photo Robert Lindley Partner, Head of Cayman & BVI Private Client & Trust
Jordan McErlean photo Jordan McErlean Senior Associate
Cora Miller photo Cora Miller Partner
Jonathon Milne photo Jonathon Milne Partner, Co-Head of Cayman Islands Litigation & Restructuring
Wesley O'Brien photo Wesley O'Brien Counsel
Michael O'Connor photo Michael O'Connor Partner
Nicholas Pattman photo Nicholas Pattman Partner
Paul Scrivener photo Mr Paul Scrivener Independent Consultant
Derek Stenson photo Derek Stenson Partner
Matthew Stocker photo Matthew Stocker Partner, Head of Cayman Corporate Practice
Sean-Anna Thompson photo Sean-Anna Thompson Associate
Spencer Vickers photo Spencer Vickers Partner
Tonicia Williams photo Tonicia Williams Associate
Anna-Lise Wisdom photo Anna-Lise Wisdom Partner
English (fluent)
Portuguese
French
Spanish
Italian
INSOL - International Association of Restructuring