2017 News

Cains acts for Tidewater on restructuring
9 Aug 2017 Cains advised Tidewater Inc. on the Isle of Man law aspects of its emergence from bankruptcy after it successfully completed its reorganisation pursuant to the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganisation of Tidewater and its Affiliated Debtors which was confirmed on 17 July 2017 by the United States Bankruptcy Court for the […]
Cains acts for lender on financing of Marine Point shopping and leisure centre
10 Jul 2017 Cains has acted for a British retail and commercial bank in its financing of the purchase by Aprirose, a London-based real estate investor, of Marine Point shopping and leisure centre in Merseyside from Promenade Estates for £42.5 million. The 212,217 sq. ft. complex is located next to New Brighton beach and promenade in the Wirral. […]
First Names Group acquires Cains Fiduciary Business
3 Jul 2017 First Names Group is pleased to announce that it has concluded its acquisition of the fiduciary arm of leading Isle of Man law and professional services group, Cains, following receipt of all necessary regulatory approvals. Cains is one of the Isle of Man’s principal commercial law and professional services providers, with operations in the Isle […]
Cains acts for the lenders in largest PRS development investment in the UK
20 Jun 2017 Cains has acted for HSBC (as senior lender) and Homes and Communities Agency (as mezzanine lender) on a development financing to Dandara Group, an Isle of Man developer, providing 2,000 private rental homes in Birmingham, Leeds and Manchester. It is estimated that up to 1,500 construction jobs could be created across the three cities as […]
Cains acts for senior and mezzanine lender on £120 million financing for Cavendish Square resi scheme
16 Jun 2017 Cains has acted for both senior lender Cheyne Capital and mezzanine lender Crosstree Real Estate Partners for the development of Harcourt House, a listed building located on Cavendish Square, W1. Upon completion, Harcourt House, which falls within the Harley Street medical area, will comprise 25 residential apartments and a 19,000 sq. ft. private medical facility. […]
Chambers Europe 2017 recognises nine Cains lawyers
2 May 2017 Nine advocates from Douglas-based Cains have been ranked in this year’s Chambers Europe, an independent guide to the continent’s best legal practitioners and firms. The 2017 edition of the European legal directory awarded three Cains lawyers with top-tier rankings, with managing director Andrew Corlett OBE named as an ‘Eminent Practitioner’. The guide’s editorial commentary highlights […]

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