Cains is an internationally renowned independent offshore law firm providing expert legal services in the Isle of Man. Investec Bank launches its new Isle of Man Office. Peter Clucas jointly leads the practice and is a key name in the market for insolvency disputes, while fellow practice head Robert Colquitt focuses on trusts disputes, fraud and asset tracing. This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages. Banks that are licensed by the Isle of Man Financial Services Authority (e.g. Stuart Foster. Cains Advocates has been named as Law Firm of the Year in the Isle of Man at the Citywealth International Financial Centre Awards. Cains’ Corporate team advises on sale of IOMA Group. He is one of the Isle of Man’s leading corporate lawyers and has over 20 years’ experience of advising on complex corporate, commercial and finance transactions. Tara left DQ in April 2020 to join Cains Advocates Limited. Alex is a Managing Associate and head of Cains’ Property team with almost 25 years’ experience in commercial property in the UK and Isle of Man. Cains supports KPMG IOM in the creation of new Crown Dependencies practice. Cains is one of the largest and oldest law firms in the Isle of Man. Much of the lending to Isle of Man corporates is by UK, Irish and other European banks, which in each case will need to comply with their own domestic regulatory obligations regarding financial sanctions, anti-bribery and corruption and AML/CFT regulations. Cains supports KPMG IOM in the creation of new Crown Dependencies practice. Whilst specialising in international dispute resolution, commercial […] If you disable this cookie, we will not be able to save your preferences. Independent advice centred around our clients’ needs, allows us to deliver the very best commercially driven solutions, throughout every stage of the legal process. Assignments and novations under Manx law operate in the same way as under English law (with regard to the former, the relevant Manx statute governing assignments is based on section 25(6) of the Supreme Court of Judicature Act 1873 in England, which is the forerunner of section 136 of the Law of Property Act 1925 in England). Tara left DQ in April 2020 to join Cains Advocates Limited. Cains is an internationally renowned independent offshore law firm providing expert legal services in the Isle of Man. Both agent and trust concepts are recognised in the Isle of Man in substantially the same way as they are under English law. They’re good academic lawyers but client-focused too, and I think that makes them stand out. Please enable Strictly Necessary Cookies first so that we can save your preferences! Our expert team of legal specialists work across various disciplines advising clients from around the globe on Banking and Finance, Corporate and Commercial, … Cains Advocates Limited Fort Anne, Douglas, Isle of Man, IM1 5PD, Isle of Man × Scott Leonard-Morgan. Such a lender will not need to be licensed, qualified or otherwise entitled to carry on business in, or otherwise registered with any governmental or other authority of, the Isle of Man. Jen Hooke. You can manage your cookie preferences or find out more by referring to our cookie policy. Cambridge University (King’s College). 2005 to date – Cains, Isle of Man; 2003-2005 – Dickinson Cruickshank, Douglas, Isle of Man; 1997-2003 – Denton Wilde Sapte, London; Memberships. AIM) in the UK, or on any stock exchange in the Channel Islands or the Isle of Man. Have only just found this site, and am impressed by the number of US decendants, and mightily disappointed by the lack of UK and especially Isle of Man correspondents. Impressive corporate and finance outfit advising on market-leading transactions. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks. Cains Advocates is one of the largest and most established law firms in the Isle of Man, employing approximately 30 lawyers, many of whom have experience of working in the worlds leading financial centres. Cains Advocates Limited, Fort Anne, Douglas, Isle of Man IM1 5PDT: +44 1624 638300E: law@cains.com, © Cains Advocates Limited 2020 - All Rights Reserved. The project was originally established to research the Keig family. Keeping this cookie enabled helps us to improve our website. Callin Wild is a leading firm of Advocates, Solicitors and Notaries Public in the Isle of Man. As a matter of Manx law, an Isle of Man-based borrower and a lender (whether located inside or outside of this jurisdiction) are free to contractually agree such buy-back terms in their loan agreements. They have a very commercial and collegiate approach and will always go the extra mile to ensure that matters are completed on time and consistently demonstrate a very strong understanding of the relevant law and its practical application to the transaction. Have only just found this site, and am impressed by the number of US decendants, and mightily disappointed by the lack of UK and especially Isle of Man correspondents. Education The College of Law, Chester Legal Practice Course. Education. The Fraudulent Assignments Act 1736 therefore remains on the statute book having been neither repealed nor modified by any legislation enacted by the Island's government since. For some, Cains is the ‘leading banking practice in the Isle of Man’ with standout capabilities in real estate finance, acquisition finance and debt capital markets. Experience. Isle of Man Law Society. He has been repeatedly recognized as a leading practitioner in the Isle of Man and regularly advises clients on strategy and … Isle of Man litigation specialist, advocate Lindsey Bermingham has joined Douglas law firm Cains as a director. The lawyers at Cains understand the commercial imperatives to which their clients are subject and strive to provide solutions to legal problems rather than simply reciting the law. the Main Market of the LSE or the TISE) or a multilateral trading facility (e.g. AIM) in the UK, or on any stock exchange in the Channel Islands or the Isle of Man. 2010 - 2011. Invariably they will be able to support our needs, and provide an excellent service. Sep 27, 2019. Established in 1899 and headquartered in the Isle of Man, Cains is a leading independent offshore law firm at the forefront of maintaining the Isle of Man as a premier international finance centre. There are, however, Isle of Man law restrictions on foreign lenders granting loans to individuals and/or sole traders. The Isle of Man Government’s policy with regard to financial sanctions is to maintain the lists of those affected so that they correspond to those adopted by the UK (and by current association those adopted by the UN and the EU). Click here to view the complete Chamber and Partners Banking & Finance 2019 Second Edition. Island law firm Cains has drafted in fresh expertise to help expand its litigation department, amid increased client demand. They are a quality team with extensive experience and they are always able to offer an efficient and practical solution to the matter at hand. Start This article has been rated as Start-Class on the quality scale. It was the first Isle of Man law firm to have a permanently staffed London office. We provide both international and domestic clients with a focused insight into the world of offshore law. The City Code is based upon six General Principles, which are applied by the Panel in accordance with their spirit in order to achieve their underlying purpose, and also contains a series of rules. Click here for the full Isle of Man Chapter prepared by Cains. Consequently, there are no structures commonly used in this jurisdiction as an alternative to the trust structure. Cains attracts praise for its ‘extensive knowledge’ across the piece concerning property on the Isle of Man. The City Code on Takeovers and Mergers (the “, ”) is issued and enforced by the Panel on Takeovers and Mergers (the “. We use cookies to optimise site functionality and give you the best possible experience. Lindsey is currently acting as local counsel for AIM listed company HIRCO plc in high court proceedings in the Isle of Man. Restrictions on the Borrower’s Use of Proceeds. Careers Chambers' Careers Student & Associate Student Associate. First published in Chambers and Partners Banking & Finance 2019 Second Edition, the definitive global law guide offering comparative analysis from top ranked lawyers. Bank financing to an Isle of Man corporate (particularly one holding UK commercial property) often involves a UK bank utilising LMA form English law governed loan documents, although some of the related security documents will usually be governed by Manx law (e.g. We have worked with the Litigation team at Cains on various matters, some of which have involved very complex questions of law. Please enable Strictly Necessary Cookies first so that we can save your preferences! There are no foreign currency restrictions or controls in existence in this jurisdiction in relation to the exchange and remittance of sterling or any other currency from the Isle of Man, nor is there any legislation in place whereby such controls may be imposed. When it comes to more complex matters, from our experience Cains are the go-to firm who give us confidence with their professionalism and expertise. Cains provides Isle of Man legal expertise to our international and domestic clients and regularly co-ordinate the provision of advice and the management of multi-jurisdictional transactions. AB v CD [2016] – Acted for the successful Claimant in the first decision in the Isle of Man courts on the Hastings-Bass principle and on the law relating to relief for equitable mistake following its reformulation by the UK Supreme Court in Pitt v Holt. They are very responsive, deliver on our demanding requirements on local counsel and are able to understand the interplay between the various jurisdictions and transaction documents across a deal – not just the Manx law piece. Cains, the Isle of Man-based law and professional services group, has announced the appointment of Gillian Christian as a Divisional Director within the litigation department. Cains from the Isle of Man By genealogy.com user December 14, 1999 at 09:54:04. Her main areas of expertise are listed as anti-money laundering, fraud, white collar crime and regulatory matters. Cains corporate trainee called to the Manx Bar. The expectation is that the EU sanctions regime will cease to apply to the UK following any Brexit. The City Code on Takeovers and Mergers (the “City Code”) is issued and enforced by the Panel on Takeovers and Mergers (the “Panel”), and applies to all offers for companies that have their registered offices in either the UK, the Channel Islands or the Isle of Man if, among other things, any of their securities are admitted to trading on a regulated market (e.g. They’re technically sound without overcomplicating matters. Cains Advocates Limited, Fort Anne, Douglas, Isle of Man IM1 5PD T: +44 1624 638300 E: law@cains.com Their technical knowledge has been, as expected, excellent but what has really impressed us is that this technical knowledge comes wrapped in a complete package of responsiveness, commerciality and measured pragmatism where needed. They are a very professional, reputable firm full of advocates that can be relied upon to give good legal advice. Private Client Dining Club London 2019. Established in 1899, Cains is the leading independent Isle of Man law firm at the forefront of the Isle of Man’s development as … The guide also highlights key centres for Islamic finance. Stuart Foster. You can find out more about which cookies we are using or switch them off in settings. The depth of resources provided enables us to approach Cains for a variety of tasks. the Main Market of the LSE or the TISE) or a multilateral trading facility (e.g. This means that every time you visit this website you will need to enable or disable cookies again. Our expert team of legal specialists work across various disciplines advising clients from around the globe on Banking and Finance, Corporate and Commercial, Employment and Data Protection, Litigation, Property, Regulatory, Restructuring and Insolvency legal matters. You can manage your cookie preferences or find out more by referring to our cookie policy. Under English law LMA syndicated loan agreements, it is possible for the option of debt buy-back by the borrower or sponsor to be included. Head of Cains’ Insurance and Pensions Department Isle of Man (Ranked Tier 1, Legal 500) Who’s Who Legal 100 (leading practitioner for the Isle of Man) Corporate International’s Magazine’s Global Award: Pensions Law Firm of the Year (Isle of Man) 2014, 2015 and 2016. Cains’ Corporate team advises on sale of IOMA Group. Law Society of England and Wales. Financial sanctions are prohibitions and restrictions put in place by the United Nations, the EU, the UK and the Isle of Man, with the aim of maintaining or restoring international peace and security. To the extent such agency and trust arrangements are established under – and governed by – English law, there is no reason why they would not be recognised and enforced by the Manx courts. Peter is Cains’ Managing Director and head of our top tier Litigation team. Cains provides advice in the corporate, commercial, litigation, property and private client sectors to … As the largest of the independent advocate firms on the Isle of Man, Cains has retained a strong sense of personal relationships with clients, coupled with good technical knowledge. Likewise, in respect of a facility agreement governed by Isle of Man law, the main transfer methods would be assignment and novation. Callin Wild is a full service law firm that deals with all aspects of legal work for local and international clients. He has particular experience in advising lenders, investors and developers in the UK and European commercial real estate sector, and in recent years has advised upon many high-profile CRE transactions for blue chip clients relating to prime assets (mainly located in London). Education The College of Law, Chester Legal Practice Course. For some, ‘ the strength and depth of the dispute resolution team in Cains is unrivalled in the Isle of Man ‘. 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