Press Releases

The transaction, which was implemented contractually on a fully consensual basis, saw Vue's first-lien lenders take 100% equity ownership of the business and resulted in a significant deleveraging of Vue's balance sheet as well as access to £75 million of additional liquidity.  The new capital structure puts the cinema chain in a strong position to continue to recover and accelerate growth following the pandemic ...

Alex has over a decade of experience in both London and Singapore with law firm Watson Farley & Williams, where he trained and qualified as a solicitor. Alex focuses on project finance, acting for and advising sponsor companies and lenders on their corporate, loan and security documentation and comes with a broad range of cross-border experience ...

Protectors in the Bermuda courts In a recent article for Trusts & Trustees, Carey Olsen partner Keith Robinson outlines the statutory references to the office of protector in Bermuda and looks at some recent Bermuda cases where protectors were in issue, including where the court has exercised its inherent jurisdiction to appoint and remove protectors. -------------------------- The full article is available to read, here ...

The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Transocean Ltd. and will be guaranteed up to a cap on a senior secured basis by certain of Transocean Inc.'s subsidiaries. The collateral package includes the Deepwater Thalassa, Deepwater Proteus, Transocean Enabler, Transocean Encourage and Deepwater Pontus rigs and certain other assets related to the rigs ...

The five-year life fund expects to target industrial, warehousing and urban logistics assets in the UK and was launched as a joint arrangement by JR Capital and property developer and asset manager Chancerygate.The fund, which has a target of £150 million, recently held a £40 million first close backed by JR Capital's Middle East private and institutional client base. The first investment is a £7 ...

The charities, which were chosen by staff in the Jersey office to benefit from the firm's fundraising activities for the past three years, were each presented with a cheque last week from the firm's Jersey Charities Committee. Fundraising activity over the past year has included a charity quiz night, cakes sales and bakes offs, a fundraising soup kitchen and summer salad bar, scratch cards and sponsored challenges to name a few ...

The Notes will be guaranteed by Transocean Ltd., Transocean Inc., and a wholly-owned indirect subsidiary that owns and initially will operate the Deepwater Titan and will be secured by a lien on the Deepwater Titan and certain other assets related to the rig.The Notes will bear interest at the rate of 8.375% per annum and will be callable after 1 February 2025 ...

The Spear's 500 is a guide of the top private client advisors, wealth managers, lawyers, and service providers for high-net-worth individuals and is largely considered the byword for quality advice and recommendations based on excellence ...

Robert joins Carey Olsen from Walkers where he has been a partner and head of their Jersey Private Capital and Trusts Group. He is an expert in Jersey trust and foundation structures and has a focus on private client structuring and advice. Robert is also a Jersey Advocate and a Committee member of the global professional body, STEP ...

Each year independent market research firm Monterey Insight conducts exhaustive analysis of the Jersey investment funds sector and service providers. The 28th edition of the Monterey Insight Jersey Fund Report 2022 shows Carey Olsen now advise 544 funds and sub-funds domiciled in Jersey, which represents over 36% of the market by total number of funds and over 41% of the market by asset value ...

Happy Lunar New Year to you and your loved ones.May the coming new year bring you abundant health, prosperity and happiness ...

Dilys Hung's practice focuses on the formation, operation and restructuring of investment funds, including private equity funds and hedge funds. Prior to joining Carey Olsen, she worked in Allen & Overy and another offshore law firm in Hong Kong. Dilys was admitted as a solicitor of the High Court of Hong Kong in 2021 and speaks fluent Mandarin, Cantonese and English ...

In Hong Kong SAR, partners Michael Padarin, Jeremy Lightfoot and James Webb have all been named as Leading Individuals whilst Singapore partners Anthony McKenzie and James Noble have been named as Leading Individuals along with Tom Katsaros who joined the firm last year to head up the firm's investment funds practice in Singapore. In addition, Helen Wang, who was recently promoted to partner, and senior associate Amelia Tan have also been recognised as Rising Stars in Singapore ...

In addition, newly promoted counsel Sarah Farrow and senior associate Pierre Ali-Noor have been recognised as Rising Leaders in the directory. Launched in 2017, the Private Client Global Elite is a list of the world's leading lawyers advising ultra-high-net-worth clients. The directory invites the private wealth community to recommend their top lawyers and advisors, which are then narrowed down to form the final list ...

As the new Head of Trusts and Private Wealth, Alexa brings a depth of experience in advising on a broad range of both non-contentious and semi-contentious trust matters. Her practice has predominantly focused on advising on the establishment, ongoing administration and restructuring of private family trusts and foundations.  She also advises in connection with employee benefit trusts and pensions ...

Anthony advises on a wide range of offshore corporate, investment funds and finance transactions. He is a specialist in Cayman Islands, British Virgin Islands and Bermuda law and is one of only two partners in Singapore admitted to practise these three key offshore laws. Anthony is also ranked as a leading offshore lawyer by each of The Legal 500, IFLR1000, Chambers Global, Chambers Asia-Pacific and The Asia Business Law Journal ...

The by-invitation-only organisation is highly selective, and all chosen electives must have practiced law in the Academy's area of interest for a minimum of ten years and distinguished themselves as a market leader in their respective jurisdiction. Members are also selected on the basis of having demonstrated significant interest in the continuing development of the law of their country ...

Figures reveal that there was a total of 98 Open Market transactions in 2022, a figure that is slightly lower than in 2021 but more than any other year since 2007 demonstrating a robust market since the pandemic. Of the 98 Open Market transactions completed last year, the median price (realty only) of the 87 Open Market Houses sold, was £1,379,625. The nine Open Market flats sold in 2022 had a median price (realty only) of £1,218,750 ...

KC status is awarded to practising advocates who have demonstrated considerable skill and excellence in advocacy in difficult cases in the higher courts of England and Wales, or in tribunals or arbitrations. The new members of the King's Counsel will be sworn in by the Lord Chancellor this coming March at Westminster Hall when Claire will join Carey Olsen partner Alex Hall Taylor KC, who was originally appointed as Queen's Counsel in 2020 ...

Those promoted to counsel are: London – Max Tetlow (corporate) Jersey - Nienke Malan (corporate), John McCormick, Lauren Glynn and Oliver Lindop (all dispute resolution and litigation) and Sarah Farrow (trust and private wealth)Promotions to senior associate are: Hong Kong - Monique Hansen (dispute resolution and litigation)

Hollyport is a leading asset manager that acquires portfolios in the secondary market, with a focus on mature funds. The Fund which is structured as a Jersey Expert Fund has closed with commitments of USD$2.2 billion across the main fund and the overage scheme.The Fund made its first investment in March 2022 and has, to date, entered into acquisition agreements with approximately 15% of its target investment programme ...

Key methods to trace and recover digital assets under Bermuda law What are Digital Assets? The Official Bermuda Definition The definition of "digital asset" under Bermuda's Digital Asset Business Act 2018 ("DABA") is: "anything that exists in binary format and comes with the right to use it and includes a digital representation of value that – (a) is used as a medium of exchange, unit of account, or store of value and is not legal tender…                                       

The two promotions bring the total number of partners across the Carey Olsen group to 69. Carey Olsen group managing partner Alex Ohlsson said: "I would like to congratulate Huw and Helen on joining the partnership. Both bring a broad range of experience to our firm and fantastic technical skill which has enabled them to deliver a market leading service to our clients. I am proud that our firm is continuing to grow with these senior appointments spread across two of our global offices ...

The latest edition of the highly respected international legal directory has seen the firm's Hong Kong managing partner, Michael Padarin join Carey Olsen's Singapore managing partner, Anthony McKenzie in being ranked in the region for Asia Pacific offshore corporate and finance advice. James Noble and Jeremy Lightfoot are again listed in the rankings for dispute resolution ...

[[{"type":"media","view_mode":"media_large","fid":"13237","attributes":{"alt":"","class":"media-image","height":"251","typeof":"foaf:Image","width":"480"}}]]These 809 funds comprise US$323 billion of assets, which represent 81% of the entire Guernsey domiciled funds market by assets under management (AUM) ...