2019 News

Cains’ corporate team advises on sale of SMP Partners
14 Mar 2019 Cains, has recently advised the current owners and management team of SMP Partners, a leading multi-jurisdictional corporate, trust, and professional services provider headquartered in the Isle of Man, in connection with a management buyout (MBO) of the SMP Partners group of companies to be undertaken by a new management team with the support of Palatine […]
Strong Cains presence at the asset recovery international conference in Dublin
12 Mar 2019 There was a strong Cains presence at the well-attended Asset Recovery International Conference held at the Conrad Hotel in Dublin between 28 February and 1 March 2019. Known as the foremost conference for asset recovery practitioners around the world, the agenda featured a number of informative sessions on fraud litigation, enforcement and contentious insolvency. David […]
Cains act on the £20m acquisition of property holding company holding student accommodation in Scotland
12 Feb 2019 Cains acted for a real estate investment company in relation to the Isle of Man aspects of its £20m acquisition of a property holding company which holds long-let student accommodation in Scotland. Cains’ involvement included, inter alia, assisting with the due diligence exercise as regards the Isle of Man target, reviewing the English law share […]
Cains act on the restructuring of facilities to a number of Isle of Man companies for the purposes of financing the construction and mobilisation of powerships in Ghana
11 Feb 2019 Cains acted for a consortium of lenders in relation to the Isle of Man aspects of the combination of existing facilities provided to a number of Isle of Man companies. Cains’ involvement included, inter alia, reviewing the English law amendment and restatement agreement (and associated documentation) from an Isle of Man legal perspective, drafting Isle […]
Cains act for Textile Recycling International Limited on its merger with its Scottish and Northern Irish counterparts, Nathans Wastesavers and Cookstown Textile Recyclers
6 Feb 2019 Cains acted for Textile Recycling International Limited in relation to the Isle of Man aspects of its merger with Nathans Wastesavers and Cookstown Textile Recyclers and a number of Isle of Man subsidiaries. Cains’ involvement included, inter alia, assisting with the due diligence exercise as regards the Isle of Man subsidiaries, reviewing the English law […]
Cains advises Myers Business Trust on its acquisition of Gill Marine Holdings Limited.
5 Feb 2019 Cains’ corporate department recently advised long standing client Myers Business Trust in its acquisition of Gill Marine Holdings Limited (“Gill Marine”), which was previously majority owned by YFM Equity Partners. Gill Marine is a global designer and manufacturer of marine clothing, footwear and accessories which, in 2013, won the Queen’s Award for Enterprise. The consideration […]
Cains awarded Isle of Man Law Firm of the Year
28 Jan 2019 Cains is delighted to have been awarded the accolade of Isle of Man Law Firm of the Year by Citywealth at their annual IFC Awards ceremony in London on Wednesday 23 January. Cains was shortlisted for the award along with four other Isle of Man law firms, before being announced as the winner at the […]
David Doyle awarded CBE
7 Jan 2019 David Doyle, a senior legal adviser in Cains’ litigation department, was awarded a CBE in the 2019 New Year’s Honours in recognition of his outstanding services to Manx law. David commented: “This unexpected honour reflects the contribution made by many within the Isle of Man Courts of Justice and the Manx legal profession to the […]

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