The offshore outfit of
Carey Olsen
services
its clients in
the legal market of the
British Virgin Islands (BVI)
from its office in Tortola. The firm also
features Bermuda, Cayman Islands, Guernsey, and Jersey branches, as well as
Cape Town, Hong Kong, London and Singapore offices.
The Carey Olsen team is involved in the banking and finance practice, representing both lenders and borrowers and focusing principally on asset finance.
The firm
also deals in
capital markets in the equity and debt spaces, frequently advising on IPO’s,
share offers,
share capital increases and convertible and hybrid securities.
The firm
also attends to matters of restructuring.
The BVI group boasts involvement in a variety of sectors, including but not limited to energy, corporate financing, gaming and mining.
Key firm clients include Banco de Sabadell and the PSG Offshore Fund.
Research period review: 32nd edition (2021 / 2022)
Over the course of the research period, the firm’s banking and finance involvement notably
included representation of Blockchain.com Group Holdings as the lender in a series of transactions which served to the ends of furthering the development and use of digital assets in the jurisdiction.
The firm was chiefly involved in capital market transactions, most of which
were on the equity side.
These involvements mainly concerned
the energy and mining sectors.
The firm also advised on
several complex restructurings with multi-jurisdictional
implications. In this regard, the firm
represented clients from the tourism and mining sectors.
Deal highlights: 32nd edition (2021 / 2022)
Blokchain.com
Group Holdings asset financing
CNMena Holding $37 million share capital increase
Client feedback: 32nd edition (2022/2023)
Financial services regulatory
"Jude Hodge combined her regulatory expertise with a practical, commercial approach. She was a valuable strategic partner in the BVI."
Investment funds: Hedge funds
"Service, speed, efficiency, detailed, cost-effective and great staff to work alongside - always available to help."
"They are very responsive and keep the deadlines imposed by any given transaction."
"The legal advice was precise and gave great clarity. They understood our aims and
first drafts of documents and resolutions were substantially fit for purpose. The response times and document revisions were turned around in very good time. They genuinely seemed to care about our specific matter rather than just being another piece of legal work."
"Jude has strong regulatory knowledge from her background working at the BVI Financial Services Commission. She excels at understanding our business objectives and providing strategic advice to help meet those goals."
"Detailed, diligent, knowledgeable, great to work with, friendly, efficient and very responsive to requests or questions. Also manages costs very well."
"Very responsive and efficient. Comments made were very helpful."
"Very easy to deal with and took a deep interest in our issues, looking at matters from our perspective and ultimate goals whilst remaining impartial in regard to all shareholders including minorities."
