The British Virgin Islands and the Cayman Islands are considered pre-eminent offshore financial centres due to a combination of innovative legislation and the presence of leading service providers. Our banking and finance lawyers provide advice to many of the world’s major banks and other lenders. The team also regularly advises a whole range of borrowers including high net worth individuals and property developers.
The finance group regularly acts on international financing transactions with a British Virgin Islands or Cayman Islands element. Our lawyers typically work with onshore law firms, assisting with all aspects of the finance and security documentation.
Forbes Hare has particular expertise in the following areas:
Banking
- Advising and drafting on traditional leveraged financing documents including intercreditor agreements, facility agreements, and loan notes assignments
- Syndicated lending agreements
- Establishment of banking institutions
Asset Finance
- Trade finance including documentary credits and International Swaps and Derivatives Association
- Residential and commercial real estate or property financings
- Formation of Special Purpose Vehicles
- Registration of ships under British Virgin Islands and Cayman Islands law
- Registration of aircraft in the Cayman Islands
- Financing of aircraft and shipping acquisitions both for private and commercial clients
Project Finance
- Advising on effective financial documentation and establishing efficient transaction structures in relation to traditional project development in sectors such as power and energy, utilities, oil and gas, transportation, infrastructure, mining and metals, water and waste treatment and petrochemicals
Capital Markets
- Securitisations
- Repackagings
- Bond issues
- Asset-backed financing
- Eurobond issues
- Medium term note programs
- Commercial paper programs
- CLOs, CBOs and CDOs
