News
Cains Accompany Isle of Man’s Chief Minister on Official Visit to China
1 Apr 2014
Mike Edwards a director of Cains, the Isle of Man-based law and professional services group, was a member of the private sector delegation which accompanied the Chief Minister on his first official visit to China. Mark Field, the Member of Parliament for the Cities of London and Westminster, was another member of the delegation demonstrating […]
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 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 […]
Cains acts for Amaya Gaming Group Inc.
30 Jun 2014
Cains has acted as Isle of Man legal advisers to Amaya Gaming Group Inc. in relation to its recently announced agreement to acquire Rational Group, owner of Pokerstars and Full Tilt Poker, for US$4.9 billion. The transaction will result in Amaya becoming the world’s largest publicly-traded online gaming company. The Cains legal team has been […]
Cains acts for Amaya which completes its acquisition of PokerStars and Full Tilt
4 Aug 2014
Cains acts for Amaya which completes its acquisition of PokerStars and Full Tilt Cains is delighted to have acted as Isle of Man counsel to Amaya Gaming Group Inc. which today completed its acquisition of 100% of the issued and outstanding shares of Oldford Group Limited, the parent company of Isle of Man headquartered Rational […]
Cains acts for Aviva on £937 million refinancing
10 Feb 2016
Cains assisted Aviva Commercial Finance on its refinancing of loan facilities to Criterion Capital involving 14 Isle of Man companies and which was secured on a portfolio of 16 properties including Trocadero Centre and Criterion Theatre/Buildings in Piccadilly, London. The Cains legal team was lead by Stephanie Chew.
Cains acts for CP Real Estate (as advised by Clearbell) on acquisition
10 Nov 2016
Cains acted for CP Real Estate, as advised by Clearbell Capital the private real estate fund management and advisory business (specialising in UK property investment, development and asset management), in connection with the Isle of Man law aspects of its recent acquisition of property in Hatton Garden, London EC1. Matthew Quinn from Cains advised on the […]
Cains acts for Eros International PLC on follow-on equity offering
10 Jul 2014
Cains acted as Isle of Man legal advisers to Eros International PLC, a leading global company in the Indian film entertainment industry, on the underwritten public offering of 7,000,000 A ordinary shares at a price of US$14.50 per share. The offering consisted of 6,675,000 shares offered by Eros and 325,000 offered by certain selling shareholders. […]
Cains acts for Eros on £50,000,000 bonds offering
17 Oct 2014
Cains acted as Isle of Man legal advisers to Eros International PLC, a leading global company in the Indian film entertainment industry, on the issue of a 6.5% sterling fixed rate bond due 15 October 2021. The retail bond will be listed on the London Stock Exchange’s ORB trading platform. The Cains Advocates team was […]
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 acts for Hoi Hup on acquisition in London
29 Nov 2016
Cains has acted for the major Singaporean property developer, Hoi Hup Realty Pte Ltd, in connection with the Isle of Man law aspects of its recent acquisition of property (using an Isle of Man company) at Queen Victoria Street, London EC4 for circa £33.5 million. From Cains Advocates Matthew Quinn advised on the transaction and Jackie […]
Cains acts for Hoi Hup Realty
3 Aug 2015
Cains has assisted the major Singaporean property developer, Hoi Hup Realty Pte Ltd, with respect to its acquisition of an Isle of Man company which owns 1 Golden Lane, London EC1. The Cains legal team was lead by Richard Vanderplank and the Cains Fiduciaries team by Oliver Webster.
Cains acts for Irish Revenue Commissioners
10 Jan 2014
Cains acted for the Irish Revenue Commissioners in relation to an application made by Danske Bank to the Isle of Man High Court for a declaration as to whether it could comply with an order of the Irish Supreme Court. The Irish Supreme Court ordered Danske Bank to disclose to the Irish Revenue details of […]
Cains acts for Korean banks
9 Jun 2014
Cains acted as Isle of Man legal advisers to Korea Exchange Bank and The Korea Development Bank in relation to the financing of seven crude oil tankers and their registration in the Isle of Man Ship Registry. The Cains team advising on the transaction included Mike Edwards and Stephanie Chew.
Cains acts for Lamprell plc
3 Mar 2014
Cains acted for Lamprell plc, an Isle of Man company listed on the London Stock Exchange, in relation to the sale of one of its service businesses, International Inspection Services Limited (a UAE based provider of non-destructive testing and associated services to the energy industry), to Intertek Testing Services Holdings Limited, for US$66.2m. The Cains […]
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. […]
Cains acts for lenders on Tullow Oil plc financing amendments
24 Mar 2015
Cains acted as Isle of Man legal advisers to the lenders to Tullow Oil plc, a leading independent oil and gas exploration and production group, on the amendments to its existing financing and banking arrangements on facilities totalling US$4.7 billion. The Cains Advocates team was led by Mike Edwards.
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. […]
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 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 in relation to beneficiary’s request for information
24 Mar 2014
Cains acted for Aston International Limited, a corporate/trust service provider assisting in the administration of the affairs of the trust, in relation to legal proceedings concerning a request by a beneficiary to be provided with trust documents and information. Trustees of private trusts are used to receiving requests from the beneficiaries of the trust for […]
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 acts on Japanese Yen 20 billion bonds issue
6 Nov 2017
Cains was instructed by Genting Singapore PLC on the issuance of publicly offered unsecured and unsubordinated Japanese Yen denominated bonds. The proceeds of the bonds were to be utilised as necessary from time to time for working capital and general corporate purposes in Japan. Cains advised Genting Singapore on Isle of Man law. Stephanie Chew […]
Cains acts on US$0.5 billion further notes issue
26 Oct 2017
Cains acts on US$0.5 billion further notes issue The issuer, GOHL Capital Limited, is an indirect subsidiary of Genting Berhad, the holding company of the Malaysia-based Genting Group. The issue of guaranteed unsecured fixed rate notes will be consolidated and form a single series with the US$1 billion notes offered in January 2017 and will […]
Cains acts on US$1 billion listing in Hong Kong
31 Jan 2017
A US$ 1 billion debt notes issue has resulted in the first listing of an Isle of Man company on the Hong Kong Stock Exchange. The issuer, GOHL Capital Limited, is an indirect subsidiary of Genting Berhad, the holding company of the Malaysia-based Genting Group. The issue of guaranteed unsecured fixed rate notes represents the […]
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 acts on US$12 billion Tangguh 3 financing
11 Jan 2017
Cains advised the Tangguh Production Sharing Contract Partners (led by BP) on the Isle of Man law aspects of the multi-sourced financing of the US$ 12 billion Tangguh LNG Train 3 Expansion Project in Indonesia. The project will add a third LNG process train and 3.8 million tons per annum of production capacity to the […]
Cains advise Zedra on acquisition of Barclays’ Offshore Trust and Fiduciary Businesses
24 Feb 2016
Cains has advised an independent investor group led by the Sarikhani and Nielsen families on their acquisition of Barclays Bank plc’s offshore trust and fiduciary businesses in Jersey, Guernsey, Isle of Man, Cayman Islands, Singapore and Switzerland. Those businesses, which have now begun trading under the brand name Zedra, currently have around 300 staff worldwide […]
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 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 Avmax on acquisition of Isle of Man registered Airbus A340
30 Mar 2017
Cains recently acted for Avmax Aircraft Leasing Inc. in connection with the acquisition of an Isle of Man registered Airbus A340 configured to corporate VIP status. Avmax Aircraft Leasing Inc. is a Canadian corporation dedicated to providing aircraft for sale or lease to customers on a timely and cost-effective basis. Cains’ role as Isle of […]
Cains advises Bridgepoint on the management buyout of Appleby Fiduciary & Administration business
16 Sep 2015
Cains has advised Bridgepoint on the primary management buyout of the Appleby Fiduciary & Administration Business from the Appleby Group for an undisclosed sum. The investment was made by Bridgepoint’s €4 billion Bridgepoint Europe V buyout fund. Completion of the transaction is subject to certain conditions, including regulatory and legal approvals. The Cains team, which […]
Cains advises Cerberus in connection with a €400 million facility to GVC Holdings PLC
23 Feb 2016
Cains acted for Cerberus, the New York-based hedge fund, in connection with its provision of a €400 million senior secured facility to GVC Holdings PLC (an Isle of Man company) to part finance the acquisition of bwin.party. When Cerberus became involved, the board of bwin.party had already recommended an offer from 888.com. However, after a […]
Cains advises Eros on US$100 million equity-linked financing
11 Dec 2017
Cains acted for Eros International Plc on its registered direct offering of US$122.5 million aggregate principal amount of its senior convertible notes due 2020 and warrants to purchase 2,000,000 of its A ordinary shares, for gross proceeds of US$100 million. Citigroup Global Markets Inc. served as capital markets advisor to Eros in connection with the […]
Cains advises Fiera Capital Corporation on acquisition of Charlemagne Capital Limited
3 Jan 2017
Cains represented Fiera Capital Corporation in its acquisition of Charlemagne Capital Limited, including its Isle of Man licensed subsidiary Charlemagne Capital (IOM) Limited. Fiera Capital is a leading North American independent asset management firm with more than CAD$112 billion in assets under management as at 30 September 2016. The firm provides institutional, retail and private […]
Cains advises Harwood Anthony Propco Limited in relation to substantial property acquisition
7 Jan 2014
Cains acted as Isle of Man legal advisers to Harwood Anthony Propco Limited and its thirteen Isle of Man subsidiaries in relation to a recent financing of approximately £76,000,000 and acquisition of a property portfolio of approximately 41 mixed use investment properties across the United Kingdom. The Cains team comprised Richard Vanderplank, Catherine Hamill and […]
Cains advises Hayward Tyler Group plc on takeover by scheme of arrangement
7 Sep 2017
Cains advises Hayward Tyler Group plc on takeover by scheme of arrangement Cains acted as Isle of Man counsel to Hayward Tyler Group plc (HTG) in respect of a reverse takeover by Avingtrans plc (another engineering company trading on AIM) in an all share deal. The takeover was effected by way of a scheme of […]
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 Lamprell plc in connection with its £71 million rights issue
4 Jul 2014
Cains acted as Isle of Man legal advisers to Lamprell plc, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable industry, in connection with its fully underwritten 5 for 16 Rights Issue of 81,363,469 New Ordinary Shares at 88 pence per New Ordinary Share. J.P. […]
Cains advises lenders to Manx Telecom
24 Mar 2014
Cains acted for Lloyds Bank, Barclays and RBS who have provided a term loan and revolving credit facility totalling £80 million to Manx Telecom. The Cains team advising on the transaction included Mike Edwards and Stephanie Chew.
Cains advises on acquisition of UK snacks food business
22 Nov 2016
Cains has advised Apax Partners, a major investor in Europe’s private equity sector, on the acquisition by Europe Snacks of one of the UK’s leading crisp and snack producers, Kolak. Kolak manufactures crisps and snacks under brands such as ‘Kolak’, ‘Diamond’, ‘Kolak Dylan’s’ and ‘Jacksons’ together with a comprehensive range of bespoke products for its […]
Cains advises on Hammerson group restructuring
2 Nov 2016
Cains has assisted Hammerson, the major owner, manager and developer of retail distributions in Europe with the Isle of Man law aspects of its internal group restructuring including the distribution in specie of the Silverburn Shopping Centre in Glasgow, Scotland. Silverburn Shopping Centre is a 1 million square foot shopping centre with a total catchment […]
Cains Advises on Largest Singapore Dollar Bond Issue
2 May 2012
Cains, the Isle of Man-based law and professional services group, has acted for Genting Singapore PLC, a global gaming company and one of the world’s leading integrated resorts specialists, in relation to two recent debt issues which have been listed on the Singapore Stock Exchange. The first offering of perpetual securities, which raised S$1.8 billion, […]
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 advises on S$2.27 billion refinancing
8 Apr 2015
Cains acted as Isle of Man legal advisers to the original mandated lead arrangers and bookrunners on syndicated senior secured credit facilities made available to Resorts World at Sentosa Pte. Ltd. The Cains team was led by Mike Edwards.
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 advises on US$1,000,000,000 notes issue
15 Nov 2012
Cains, the Isle of Man law and professional services group, has recently acted for Sasol Financing International Plc, part of the Sasol international integrated energy and chemicals group, in relation to its issue of 4.500% notes due 2022 in an aggregate principal amount of US$1,000,000,000. Barclays Bank PLC, HSBC Bank plc and J.P. Morgan Securities […]
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 advises on US$230 million trust litigation
26 Jan 2017
Cains recently appeared in the Manx High Court proceedings relating to the “Fossdale Trust”. The trust comprises assets valued at approximately US$230 million. The case related to an application to the Isle of Man Chancery court, seeking guidance and confirmation as to the status of the trust, and the variation of the terms of the […]
Cains advises on US$650,000,000 notes issue
22 Apr 2014
Cains acted as Isle of Man legal advisers to Tullow Oil plc (the “Company”) in relation to the issue of US$650 million aggregate principal amount of 6.250% senior notes due 2022 (the “Notes”). The Notes, whose net proceeds will be used to repay certain existing indebtedness under the Company’s credit facilities (but not cancel commitments […]
Cains advises Sancus in connection with the establishment of its Isle of Man P2P lending operation
21 Dec 2015
Cains acted as Isle of Man legal advisers to the Sancus Group (a multi-jurisdictional P2P lending platform, owned by GLI Finance Limited which is listed on the Alternative Investment Market) in connection with the incorporation and registration of Sancus (IOM) Limited as a moneylender in the Isle of Man.
Cains advises The Royal London Mutual Insurance Society Limited on the sale of Royal London 360° Insurance Company
20 Nov 2012
Acting on the instructions of Slaughter and May, Cains advised The Royal London Mutual Assurance Society Limited on the sale of its Isle of Man subsidiary, Royal London 360° Insurance Company Limited, in a management-led buyout supported by funds advised by Vitruvian Partners, an independent private equity firm. The Cains team comprised Richard Vanderplank, 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 advocate examines ‘visions for a better future’ in North Africa
14 Dec 2016
An advocate from Douglas-based law firm Cains has joined over 100 delegates at a British Council conference in Tunisia to discuss possible solutions to problems affecting North Africa. Andrew Newton attended the fifth annual Hammamet Conference last month, which represented views and insights from the worlds of politics, civil society, business, culture and the arts, […]
Cains are proud sponsors of an award at the Dream Catcher Heroes in the Community 2017 ball
9 Oct 2017
Cains is proud to announce that it is sponsoring the award for dedication to sport (over 18 category) at the Dream Catcher Heroes in the Community 2017 ball to be held on 27th October in conjunction with Manx Radio. Dream Catcher is a non-profitable Isle of Man charity which provides gifts, rather than money, to […]
Cains Assist RNLI
16 Jul 2012
Cains are delighted to offer their assistance to the Douglas branch of the RNLI who have chosen to host their meetings at Fort Anne. Andrew Corlett, managing director of Cains, said: “Given the strong link between our offices at Fort Anne which is the former home of Sir William Hillary, the founder of the RNLI, […]
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 assists Clearbell with acquisition of nationwide logistics portfolio
13 Apr 2017
Cains has acted for a fund (advised by Clearbell Capital) with the Isle of Man law aspects of its acquisition of a nationwide logistics and industrial portfolio, totalling 844,700 sq ft. The portfolio consists of 12 assets located across the UK and was acquired for £32,000,000. The portfolio was acquired from funds managed by Aviva […]
Cains assists Clearbell with major disposal
12 Dec 2016
Cains has assisted Clearbell Property Partners II LP with the Isle of Man law aspects of its sale of 1.6m sq ft of logistics units from the Nevado portfolio to real estate funds managed by Blackstone. The Nevado distribution and logistics portfolio focuses on meeting the “last mile” challenges faced by retailers and distributors driven […]
Cains assists Clearbell with portfolio disposals
16 Mar 2017
Cains has assisted Clearbell Property Partners II LP (“CPP II”), with the Isle of Man law aspects of over £24 million of sales in its Amber portfolio over the last five months. The mixed-use portfolio initially comprised of 29 assets in locations across the UK, and was acquired from Aberdeen Asset Management in August 2015, […]
Cains assists Genting Hong Kong on acquisition of Crystal Cruises
18 May 2015
Cains acted as Isle of Man legal advisers to Genting Hong Kong on its US$550 million acquisition of Crystal Cruises from NYK.
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 assists with Tapi Pipeline Company
24 Nov 2014
Cains, the Isle of Man-based law and professional services group, has acted for Asian Development Bank (ADB) in incorporating an Isle of Man company which will build, own and operate the planned 1,800 kilometre Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline. ADB is the transaction advisor to the TAPI state gas companies, each of which own equal […]
Cains attends major aviation conference in Las Vegas
11 Nov 2015
Cains attended this year’s National Business Aviation Association (NBAA) Tax, Regulatory and Risk Management Conference in Las Vegas, Nevada on15-18 November 2015. Bringing together delegates from around the world, the annual NBAA conference attracts leading business aviation owners, operators, banks and industry professionals. Steven Quayle, head of aviation at Cains, says “in recent years NBAA […]
Cains attends MIPIM 2016
6 Apr 2016
Representatives from the Isle of Man and London offices again attended MIPIM this year – the world’s largest annual property conference which was held in Cannes 15-17th March. Senior lawyer Scott Leonard-Morgan was accompanied by Stuart Gibson from Cains Fiduciaries – our associated corporate services provider. This annual event was attended by over 20,000 delegates and […]
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 attends NBAA 2014
6 Nov 2014
Steven Quayle and Mike Edwards of Cains attended the recent NBAA2014 in Orlando. NBAA2014 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. The convention featured about […]
Cains director speaks about Bribery Act
18 Feb 2014
Peter Clucas, a director of Cains Advocates Limited, addressed the Manx State of the Nation conference on bribery and corruption on 24 January 2014. Organised by the Alliance of Isle of Man Compliance Professionals, the conference is their signature event for the Island’s compliance and risk professionals. Peter gave a talk on the practical steps […]
Cains Fiduciaries appoints new assistant corporate administration manager
1 Feb 2016
Cains Fiduciaries, part of law and professional services group Cains, has appointed Graham Clague as an additional assistant corporate administration manager as part of its ongoing expansion. Graham has extensive experience in the offshore fiduciary services industry, with particular emphasis on the super-yacht, shipping, eGaming and commercial real estate sectors. Graham, who will be responsible […]
Cains Host Douglas RNLI Queen’s Diamond Jubilee Medal Presentation
15 Nov 2012
Douglas RNLI volunteer crew members were presented with their Queen’s Diamond Jubilee medals by former Secretary and Lifeboat Operations Manager, Capt. David Cowell, at a reception hosted by Cains at Fort Anne on 1 November 2012. Following a welcome and introduction by Mary Corran, Lifeboat Operations Manager, before presenting the medals Capt. Cowell remarked on […]
Cains Hosts New Graduates Of International Space University MBA
2 Oct 2012
Cains, the Isle of Man based law and professional services group, hosted a reception for 22 participants of the International Space University (ISU) executive MBA programme, to celebrate their graduation. Cains had particular reason to celebrate, as one of their associates, Heather Gordon, was amongst those who graduated. Heather earned a €33,000 scholarship to study […]
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 launches UK corporate services business
17 Oct 2016
Cains is pleased to announce the establishment of its new UK corporate services business, Cains Fiduciaries (UK) Limited (“CFL UK”). CFL UK is based at Cains’ existing London office at 32 Cornhill and can provide a full range of UK corporate and administrative solutions. The service offering includes establishment of UK corporate entities, provision of […]
Cains Managing Director Awarded OBE
8 Jan 2015
Andrew Corlett Managing Director of Cains was awarded an OBE in the 2015 New Years` Honours in recognition of his services to the economy. Andrew said “My colleagues at Cains share my belief that the Isle of Man is at its best when looking outwards and engaging internationally. I see this Honour as a recognition […]
Cains moves to new London Offices
28 Oct 2015
Cains Advocates, the legal arm of professional services group Cains, has moved offices in London to larger premises at 32 Cornhill, in the heart of the City. The building which Cains now occupy was completed in 1935 as the London headquarters of the Cornhill Insurance Group; it is situated by Bank and has been comprehensively […]
Cains Named as a “Top-Tier” UK Law Firm in Legal 500 Guide
2 Oct 2014
“A top-tier firm in nine practice areas” was the accolade given to Isle of Man-based law firm Cains in the prestigious and totally independent 2014 Legal 500 guide for the United Kingdom. A total of 22 Cains lawyers are also recommended in the guide’s comprehensive editorial. The practice areas embrace banking and finance, commercial, commercial property, […]
Cains Named As Law Firm of the Year In the Isle Of Man
22 Jan 2015
Cains has been named as Law Firm of the Year in the Isle of Man at the Citywealth International Financial Centre Awards The accolade recognises Cains as a winner that has “excelled in achievement, innovation, expertise and service”. The award was announced at a dinner held at the Grange City Hotel in London, attended by […]
Cains pledge support to the Armed Forces community
16 Mar 2017
Three organisations in the Isle of Man including the Cains Group have pledged their support to the Armed Forces community by signing the Armed Forces Covenant during a black tie dinner held in the Isle of Man on Friday 10 March. During the evening the Covenant was signed by Douglas Borough Council, Cains Group Limited […]
Cains presents at EBACE 2015
23 Jun 2015
Steven Quayle, Head of Aviation at Cains presented on the topic of aircraft structures at the recent European Business Aviation Convention & Exhibition (EBACE) in Geneva. It was the eighth consecutive year of attendance by the firm. EBACE is held annually in Geneva and is the only conference/exhibition held in Europe that is dedicated to […]
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 Recommended By Legal 500 UK 2012
2 Oct 2012
Cains, the Isle of Man based law and professional services group, has been recommended by The Legal 500 as a first tier firm in all of its core practice areas which are covered by the survey. The Legal 500 UK 2012, published this month, praised Cains for its expertise and depth of knowledge across Isle […]
Cains representatives to attend MIPIM 2017
27 Jan 2017
Cains will once again be attending MIPIM, the world’s leading property market conference. Scott-Leonard Morgan, from our Isle of Man office and Stephanie Chew, from our London office will be representing Cains Advocates Limited. Cains Fiduciaries Limited will be represented by Ryan Cregeen. If you will be attending and would like to meet, please do […]
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 […]
Cains shortlisted for law firm of the year award
5 Jul 2016
Cains Advocates have been shortlisted in the Law Firm of the Year – Isle of Man category at the Citywealth IFC Awards 2017. Over 200 companies across 15 jurisdictions have sent submissions, which recognise excellence of the advisers and managers in the private wealth sector in the major international financial centres. All category winners will be […]
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 […]
Cains Small Countries
10 Sep 2016
Leading Isle of Man law and professional services group Cains has taken part in hosting a visit to the Isle of Man by 23 senior government officials from 20 countries taking part in the internationally recognised eighth Small Countries Financial Management Programme. The Programme was organised by the Small Countries Financial Management Centre, an Isle […]
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 successfully represent Bank of Scotland in dismissing claim
8 Feb 2017
Cains recently secured a judgment, on behalf of Bank of Scotland Plc, dismissing a claim against it on the ground that the Isle of Man courts were not the appropriate courts in which to litigate the alleged claim. The judgment is of particular interest in so far as the court considered differences between the legal regimes, […]
Cains to attend EBACE 2016 in Geneva
28 Apr 2016
Cains will be represented at the annual European Business Aviation Convention (“EBACE”) in Geneva on 24th and 25th of May 2016. It will be the ninth consecutive year of attendance by the firm. Steven Quayle, Head of Aviation at Cains will be available to meet clients and to discuss Isle of Man opportunities. Recognised as […]
Cains to present at Aviation Conference on Part-NCC
24 Feb 2016
Steven Quayle, Divisional Director at Cains will be presenting on Isle of Man aircraft structuring at the “Aircraft Owners: How to Manage your Holding and Operational Structures and Liabilities under Part-NCC” conference to be held on Monday 14th March 2016 at the Pestana Chelsea Bridge Hotel in London. Part-NCC is an EU regulation that aims […]
Cains to present at NBAA Conference
1 Feb 2016
Cains will be presenting at the annual National Business Aviation Association (NBAA) Business Aircraft Finance, Registration & Legal Conference in Boca Raton, Florida from 10-12 February 2016. The conference focuses on global business aviation finance and legal issues, bringing together some of the industry’s leading banks and professionals. Steven Quayle, head of aviation at Cains, […]
Cains to sponsor 2017 NBAA Business Aircraft Finance, Registration & Legal Conference
1 Mar 2017
Cains will be sponsoring the annual National Business Aviation Association (NBAA) Business Aircraft Finance, Registration & Legal Conference taking place in Bonita Springs, Florida from 5 – 8 March 2017. The conference focuses on global business aviation finance and legal issues, bringing together some of the industry’s leading banks and professionals. Steven Quayle, head of […]
Cains will be attending the annual National Business Aviation Association Tax, Regulatory and Risk Management Conference in Las Vegas this month
9 Oct 2017
Cains will be attending the annual National Business Aviation Association (NBAA) Tax, Regulatory and Risk Management Conference in Las Vegas on 8th to 9th October 2017. Bringing together delegates from around the world, the annual NBAA conference attracts leading business aviation owners, operators, banks and industry professionals. Steven Quayle, head of aviation at Cains, says “NBAA-Bace […]
Cains’ Insurance and Pensions Unit in its Third Year
16 Feb 2012
The Insurance and Pensions Unit at Cains, headed by departmental director Ben Hughes, celebrates its third anniversary this year. The Unit, which brought together two previously separate specialist areas of the corporate practice and which is staffed by former City lawyers with extensive experience in the fields of insurance and pensions work in the Isle […]
Cains’ recognition at Who’s Who Legal 2017
18 Sep 2017
Cains’ recognition at Who’s Who Legal 2017 Cains were recognised as Country and State Award Offshore winners in the 4th Annual Who’s Who Legal Awards ceremony which was held in London on 15 May 2017. Other winners at the event were Baker Botts (USA, Texas), Mourant Ozannes (Jersey) and Freshfields Bruckhaus Deringer (England). www.whoswholegal.com
Cambodian footballers compete in national tournament sponsored by Cains
20 Apr 2015
A team of under-13 footballers from a deprived community in Cambodia has been able to compete in a national tournament for disadvantaged children thanks to ongoing sponsorship from Isle of Man-based Cains. The pupils from the charity-funded Aziza School, which serves one of the most deprived communities in the Cambodian capital of Phnom Penh, took […]
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 […]
Chambers UK Guide gives Cains a top Band 1 ranking
31 Oct 2014
Leading Isle of Man-based law and professional services group Cains has been given the top Band 1 ranking in the prestigious Chambers UK Guide for 2015. The UK Guide is published annually and is highly respected because of its total independence. Its sought after rankings are based on in-depth interviews with lawyers and clients which […]
Compliance Chief Joins Cains Group
11 Nov 2015
Douglas-based law and professional services group Cains has announced the appointment of Graeme Snape as Head of Compliance. Graeme’s career in the Isle of Man financial services sector spans more than 35 years and he has spent the last 20 working within governance, regulatory, risk and compliance disciplines. Graeme commented: “I am excited to have […]
David Doyle to join Cains Advocates
12 Feb 2018
Cains announces today that David Doyle, currently the First Deemster of the Isle of Man, will be returning to private practice and has accepted a position as a senior lawyer within Cains’ Litigation Department. David will take a senior ‘Of Counsel ‘ role at the firm and his start date is to be agreed in […]
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 […]
Major Role for Cains in Launch of LinkedIn Chinese Language Website
25 Mar 2014
Cains provided Isle of Man legal assistance in connection with LinkedIn Corporation’s recent formation of an Isle of Man company (LinkedIn CN Limited) to establish a joint venture with Sequoia China and China Broadband Capital for the purpose of launching a professional network in the People’s Republic of China. In addition to Cains, Shearman & […]
Piecing it all together
30 Oct 2012
The corporate governance of regulated entities has developed to become an integral part of the way companies are run and managed. Developments in the Isle of Man reflect the need for it to be at the heart of all business activity. This article by Nancy Matthews was published in the November 2012 issue of Governance […]
Scott Leonard-Morgan from Cains acted for Motorsport Network Group
13 Feb 2018
Cains recently acted for Motorsport Network Group in relation to its acquisition of the world-leading Duke Video Archive from Duke Marketing Limited. Duke Marketing are one of the world’s foremost publishers, distributors and rights holders for motor racing content. This agreement will provide a significant enhancement of Motorsport.tv, part of the Motorsport Network Group, with back […]
Senior Mergers and Acquisitions Lawyer Joins Cains
8 Oct 2015
Cains Advocates, the legal arm of professional services group Cains, announced today the recruitment of Scott Leonard-Morgan as a divisional director with the firm’s commercial department. Scott has some 20 years of experience, including extensive experience advising on mergers and acquisitions and IPOs, particularly in the start up and technology field. He was previously a […]
Sixth-form students seal the deal
2 Mar 2018
A team of sixth-formers from King William’s College has scooped the top place in a negotiation competition hosted by leading law firm Cains. The inaugural Cains Negotiation Prize, which was specifically tailored for Year 12 students, took place in the company’s boardroom, giving students a real taste of negotiation in the corporate world. The winning […]
The Legal 500 UK 2015 ranks Cains as a ‘top-tier’ law firm
20 Oct 2015
Cains has been ranked as a ‘top-tier’ law firm across eight practice areas in The Legal 500 UK 2015, widely regarded as one of the leading guides to law firms. This year’s issue of the independent guide also names seven Cains lawyers as “leading individuals” in its list of outstanding lawyers. The Isle of Man-based […]
Top Chambers ranking for law firm Cains
17 Nov 2015
“Leading Isle of Man law and professional services group” Cains has been given top Band 1 rankings in the esteemed Chambers UK Guide for 2016. Cains has been top-ranked in two practice areas including Corporate & Finance and Dispute Resolution by the annual independent guide to the best UK law firms. It was also ranked […]
Top Rankings And Global Recognition For Law Firm Cains
18 Mar 2014
Isle of Man law firm Cains and six of its leading advocates have been awarded top rankings in the internationally recognised 2014 Chambers Global guide. The annual guide, which lists the year’s outstanding achievements by leading lawyers and law firms on a global wide basis, has given Cains the ultimate accolade of Band 1 rankings […]
Top rankings and international recognition for law firm Cains
24 Mar 2017
Leading Isle of Man law firm Cains has been awarded top rankings in the internationally-recognised 2017 Chambers Global guide. The annual guide, which objectively rates lawyers and law firms on a global basis, has given Cains top ‘Band 1’ recognition in both Corporate & Finance and Dispute Resolution. Each year, the world’s best lawyers and […]
Top recognition for Cains in Chambers UK 2017
4 Nov 2016
Leading law and professional services group Cains has been given top-band ranking across two practice areas in the prestigious Chambers UK Guide for 2017. The Douglas-based firm has once again been top-ranked in Corporate and Finance, along with Dispute Resolution in the independent guide to the best UK law firms. A total of nine Cains […]
Top-tier recognition for Cains in 2016 Legal 500
14 Sep 2016
Leading independent law guide The Legal 500 has once again ranked Douglas-based Cains as a ‘top tier’ firm across eight practice areas. Published today (Wednesday 14), the 2016 edition of the UK guide also recommends 18 Cains advocates, with 6 named in the elite ‘leading lawyers’ list. Cains’ ‘tier 1’ practice areas include banking and […]
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