2013 News

Cains attends NBAA 2013
29 Nov 2013 Steven Quayle and Mike Edwards of Cains attended the recent NBAA2013 in Las Vegas. NBAA2013 is the premier annual meeting place for the business aviation community. This event brings together business leaders, government officials, manufacturers, corporate aviation department personnel and all manner of people involved in nearly all aspects of business aviation. NBAA2013 featured exhibits […]
Cains Acts For First Isle Of Man Company To List In New York
20 Nov 2013 Eros International, a leading global company in the Indian film entertainment industry has successfully listed its existing shares and launched an initial public offering (IPO) on the New York Stock Exchange. The Isle of Man company was supported by Cains, who acted as Isle of Man legal advisors and corporate administrators. The Cains team included […]
Cains advises Assurant Inc. on the acquisition of Lifestyle Services Group
18 Nov 2013 On the instructions of Slaughter and May, Cains advised Assurant Inc., a leading provider of specialty insurance and insurance-related products and services worldwide, on the acquisition of Lifestyle Services Group, a mobile device insurance provider, from Phones 4u for up to £107 million in cash. The Cains team comprised Richard Vanderplank, Andrew Baker and Jonathan […]
Cains advises Tullow Oil plc in relation to US$650,000,000 notes issue
13 Nov 2013 Cains, the Isle of Man based law and professional services group, has been named Pension Law Firm of the Year in the Isle of Man in the Global Law Experts 2013 International Awards. Ben Hughes, the Divisional Director who heads up Cains’ Insurance and Pensions Department, advises on occupational and personal pension share schemes and […]
Cains Isle Of Man Pension Law Firm Of The Year
30 Oct 2013 Cains, the Isle of Man based law and professional services group, has been named Pension Law Firm of the Year in the Isle of Man in the Global Law Experts 2013 International Awards. Ben Hughes, the Divisional Director who heads up Cains’ Insurance and Pensions Department, advises on occupational and personal pension share schemes and […]
Cains Shortlisted For Legal 500 UK Awards 2013
1 Oct 2013 Cains, the Isle of Man based law and professional services group, has been shortlisted for The Legal 500 UK Awards 2013 in the Offshore Firm of the Year category. Five other major offshore firms have also been nominated and the winners will be announced on 2 October 2013. Cains has been recommended as a Top […]
New Librarian At Cains Advocates Limited
18 Sep 2013 Cains, the Isle of Man based law and professional services group, is delighted to announce that Kristie Jelfs has joined Cains Advocates as a law librarian. Kristie, who has an MLITT from the University of St Andrews, was Librarian at the Isle of Man Courts of Justice for four years as well as having previous […]
Cains acts on 9 G650 aircraft – total value US$600 million
17 Sep 2013 Cains has acted for various clients in respect of new Gulfstream G650s. The G650 is the largest purpose-built private jet on the market, and has the tallest, longest, and widest cabin in its class. Its range is more than 8,000 miles, allowing it to fly from London to Los Angeles or Beijing non-stop.
Cains act on sale of Isle of Man aggregates business
8 Aug 2013 Cains acted for Readymix Limited (part of the Cemex Group) in relation to the sale of its Isle of Man aggregates and cement businesses to a member of the CRH Group (a leading international building materials manufacturer and supplier). The Cains team was led by Tristan Head with the support of Ben Hughes (pensions), Alex […]
New Trainee At Cains Advocates
7 Aug 2013 Cains, the Isle of Man based law and professional services group, is delighted to announce that Matthew Quinn has joined the corporate department of Cains Advocates as a trainee. Matthew has recently been awarded a Distinction in the Legal Practice Course from The University of Law, Chester, having previously achieved a 2.1, with honours, in […]
Cains advises AngloGold Ashanti Holdings plc in relation to US$1,250,000,000 notes issue
31 Jul 2013 Cains acted as Isle of Man legal advisers to AngloGold Ashanti Holdings plc in relation to its recent issue of US$1,250,000,000 aggregate principal amount of 8.500% notes due 2020, guaranteed by AngloGold Ashanti Limited and listed on the New York Stock Exchange, as well as in respect of its tender offer to purchase any or […]
Cains advises on super yacht financing
22 Jul 2013 Cains advised the financier of a 55 metre long super yacht which was delivered to its owner following the completion of its construction by a European shipyard. The yacht is registered with the Isle of Man Ship Registry. The Cains team advising on the transaction was led by Mike Edwards
Cains acts on US$1 billion project finance deal
19 Jul 2013 Cains acted for the consortium of lenders which financed the construction of a significant infrastructure asset in a south east Asian nation. The Cains team included Mike Edwards and Stephanie Chew.
Cains advises IBS Group Holding Limited
15 Jul 2013 Cains advised the Isle of Man company, IBS Group Holding Limited, in relation to the initial public offering of Class A ordinary shares of its subsidiary Luxoft Holding, Inc., such shares being listed on the New York Stock Exchange. The IPO raised approximately UD$68.7 million for Luxoft. The Cains team was led by Richard Vanderplank. […]
Cains Advises On US$1.8 Billion Refinancing
15 Jul 2013 Two teams from Cains acted in relation to the refinancing by New York listed Norwegian Cruise Line of several term loan and revolving credit facilities. Norwegian Cruise Line operates a fleet of 13 purpose-built cruise ships and was recently named “Europe’s Leading Cruise Line” by the World Travel Awards for the fifth consecutive year. Cains […]
Cains assists with super yacht enforcement
12 Jul 2013 Cains acted for a Eastern European bank in the enforcement of its security over an Isle of Man registered 60 meter motor yacht. The work included the provision of advice on enforcement proceedings and the preparation of documents required to progress the enforcement itself. The enforcement process was also supported by Cains Fiduciaries who provided […]
Cains act on sale of fiduciary
8 Jul 2013 Cains acted for the Caledonian Group, a financial services group headquartered in the Cayman Islands, in relation to the sale of its Isle of Man fiduciary and fund administration businesses. The Cains team was led by Tristan Head with the support of Alex Poole-Wilson (property), Katherine Sheerin (employment), Ben Hughes (pensions) and Catherine Hamill (corporate).
Cains Advocates Appoints New Directors
2 Jul 2013 Cains, the Isle of Man based law and professional services group, announces the appointment of three new Directors to Cains Advocates. The three new Directors are Robert Colquitt from the Litigation Practice and Geoff Kermeen and Tristan Head from the Corporate Practice. They will be formally welcomed to the Board with effect from 1st July […]
Cains advises on reorganisation plan
21 Jun 2013 Cains acted for Central European Distribution Corporation, one of the world’s largest vodka producers, in relation to the Isle of Man aspects of its pre-packaged plan of reorganisation. The work included the preparation of Isle of Man security documentation supporting the obligations of CEDC Finance Corporation International, Inc in respect of its issue of senior […]
Cains assist with acquisition of Avana Petroleum Limited
19 Jun 2013 Cains acted for Vanoil Energy Ltd, a TSX-V listed oil and gas company with a portfolio of assets in East Africa, in relation to the offer and subsequent acquisition by its subsidiary, Vanoil Energy Holdings Limited, of the issued share capital of Avana Petroleum Limited, an Isle of Man company with interests in Kenyan and […]
Cains Sponsors Manx Birdlife’s Film
13 Jun 2013 A film showcasing the splendid diversity of the Isle of Man’s wildlife was enjoyed by the Lieutenant Governor Adam Wood and an invited audience courtesy of Cains Advocates. The Manx BirdLife’s ‘The Isle of Man – A Natural World’ had its first screening at the Villa Marina on June 10. His Excellency Mr Wood, who […]
Cains Fiduciaries Appoints New Directors
5 Jun 2013 The addition of two new directors to the board of Cains Fiduciaries Limited leaves the Douglas-headquartered company well placed to capitalise on opportunities in an ever changing business environment, said director Oliver Webster. Ryan Cregeen and Stuart Gibson will be joining the board in July as John Killip steps down after 7 years as one […]
Cains Fiduciaries Appoints New Directors
5 Jun 2013 Ryan Cregeen has been appointed to the board of Cains Fiduciaries Limited. He is responsible for heading up a team managing a portfolio of corporate and institutional clients with a focus on commercial real estate funds, institutional investment funds and listed holding companies. Prior to joining Cains in 2009, Mr Cregeen was the finance director […]
Cains Recognised By Chambers Global 2013
14 May 2013 Cains has received top ranking in its core practice areas in the newly published Chambers Global 2013. The internationally recognised guide praised the firm for its “broad expertise in corporate matters and its thoroughly developed pensions practice and finance expertise”. It branded Cains “a market leader for its commercial litigation practice surrounding trust arrangements and […]
Cains Short Listed For Award For Excellence
20 Feb 2013 Cains has been short listed for an Award in Excellence in the “Offshore” category by the judges of The Chambers Europe Awards for Excellence 2013. The award reflects a law firm’s pre-eminence in key practice areas and also reflects notable achievements in 2012 including outstanding work, impressive strategic growth and excellence in client services. The […]

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