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 corporate bodies”. The attributes of a number of the firm’s lawyers were cited.
“We are delighted and proud to receive this recognition which is a tribute to the top-notch quality of our staff and the service we provide in areas which are rapidly evolving,” said Andrew Corlett, managing director of Cains.
The annual review covers 180 jurisdictions, encompassing 60 areas of legal practice and services. The rankings are based on interviews with lawyers and clients. Chambers said that Cains’ lawyers operating in the corporate and finance arena are “noted for their extensive experience gained over a number of years at the peak of their profession”. Clients “appreciate Cains’ responsiveness and the excellent quality of both the advocacy and fiduciary services”.
In its review of lawyers, Chambers said that peers regard Andrew Baker as “very personable and technically able” while Richard Vanderplank’s “ability to explain the most complex and intellectually challenging legal issues in a simple and clear manner” was commended.
Mike Pinson stood out for his “notable expertise in M&A and mutual fund work” and Andrew Corlett is described as “a presence that clients and the local market hold in high esteem”.
Chambers said that Tristan Head, who recently led on a significant acquisition on behalf of Lamprell, is highly regarded for his “exhaustive experience in handling corporate finance matters extending to M&A, IPOs and private equity”. In the area of commercial litigation, Chambers said the firm is considered to be a “market leader”.
Interviewees found the firm to be “very professionally run with a spread of quality advocates who can represent us in a number of legal areas”.
It was noted that Cains represented the Isle of Man Government in a petition of doleance, and acted for HSBC on a claim relating to commercial pension trusts. One client told Chambers that Seth Caine is “rightly seen as one of the most experienced advocates on the Isle of Man,” adding that he is “composed, gives firm and well thought-out advice and has an in-depth knowledge of company law”.
In the past year, Mr Caine counselled the Soyuz-Victan Group on the discharge of a receivership order.
Chambers noted that Peter Clucas is recognised for his “knowledge of anti-money laundering matters”, with Robert Colquitt winning praise for his ability to remain “calm and unfazed to give clear advice when faced with an aggressive opposing lawyer”.
London-based Geoff Kermeen’s handling of “matters spanning the breadth of domestic and cross-border corporate work” is noted while Steven Quayle and Gillian Christian are ranked as “associates to watch”. Lindsey Bermingham is seen as a rising star, with interviewees noting her “sound advice delivered in a timely manner”.