Jeremy Berchem > Appleby > St Peter Port, Guernsey > Lawyer Profile

Appleby
Hirzel Court
Hirzel Street
ST PETER PORT
GY1 3 BN
Guernsey

Work Department

Corporate

Position

Jeremy Berchem is a Group Partner in the Corporate team. From April 2020 to April 2023 Jeremy was the Office Managing Group Partner in Guernsey. Jeremy has extensive experience of all areas of banking and finance work including advising both lenders and borrowers in relation to all aspects of subscription, acquisition, property and asset finance transactions.

In addition Jeremy advises on the issuance of bonds and other debt instruments and their listing on the TISE, the sale and purchase of companies, corporate governance matters and the restructuring of corporate and debt structures. He also has a broad corporate and commercial practice and advises on general corporate matters.

Notable transactions include:

  • Acting as Guernsey counsel to HSBC Private Bank (Suisse) SA in connection with its acquisition of HSBC’s private banking business in Guernsey.
  • Acting for Lloyds Bank Corporate Markets Plc acting as agent for a syndicate of 3 banks in the accession of various sub-funds to, and amendments to, existing subscription facilities of up to EUR 4,000,000,000 currently made available to a major Guernsey fund.
  • Acting as lead counsel to The Royal Bank of Scotland International Limited in respect of various investor backed loan facilities made available to Lakestar funds.
  • Acting as Alderney counsel to a syndicate of lenders (including Deutsche Bank AG New York Branch, Lloyds Bank plc, NatWest, Barclays Bank PLC, JPMorgan Chase Bank N.A. and Santander) in connection with the amendment and restatement, including a facility increase, of a £1.5 billion facility and a USD 2 billion facility.
  • Acting as Guernsey counsel to the States of Guernsey in putting in place with Lloyds Bank plc a bilateral £100,000,000 facility to replace the States’ existing £250,000,000 syndicated facility.
  • Acting regularly for Investec Bank plc in connection with funds finance and property finance transactions. He has acted on 16 transactions during 2022.
  • Acting regularly (in excess of 15 transactions during 2022) for the private bank division of HSBC Guernsey in lending to high net worth individuals and their structures.

Career

Qualified 1997; partner Appleby 2013. Jeremy joined Appleby as counsel in October 2012 having previously worked for another offshore law firm in the Channel Islands since 2006. Prior to this, Jeremy worked in the banking departments of Travers Smith in London and Dickinson Dees in Newcastle.

Education

University of Durham; BBP Law School.

Lawyer Rankings

Guernsey > Banking and finance

(Leading individuals)

Jeremy BerchemAppleby

Appleby‘s ‘exceptionally commercial’ team specialises in funds and debt financing, supporting both borrowers and lenders with a variety of finance transactions while also advising on the setup of NAV, GP and co-investor facilities. The practice is also noted for its subscription finance work, as well as providing regulatory support for multi-jurisdictional transactions. Leading the group are Jeremy Berchem, noted for his expertise in bond issuances and debt instruments, as well as associated restructuring matters, and Stuart Tyler, who focuses on debt and acquisition financing.

Guernsey > Private client, trusts and tax

Appleby makes use of its international network to advise professional trustees and corporations on a variety of trust matters, including the establishment of trust structures, issues between trustees and beneficiaries, and employee benefit trusts and pensions. Co-heads Jeremy Berchem and Stuart Tyler handle commercial matters related to trusts, notably transactions, while senior associate Paula Fry handles both contentious and non-contentious trust matters, including restructuring and mistake applications.