Strategic Research Partner of the American Bar Association's Section of International LawThe Queen's Award for Enterpise 2012

Carey Olsen

This firm appears in the Who's Who Legal 100 2014

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Carey Olsen
47 Esplanade
St Helier
Jersey, Channel Islands

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Asset Recovery

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Carey Olsen - The Who's Who Legal 100 2014

What is the Who's Who Legal 100?


Carey Olsen expanded into the British Virgin Islands and Cape Town, South Africa, in 2013 through an association with Hempel and Boyd, which officially rebranded as Carey Olsen in October 2013. The expansion adds to the firm’s existing offices in the Cayman Islands, Guernsey, Jersey and London.  

Business Crime Defence 2 M&A 1
Asset Recovery 2 Private Client 4
Banking 1 Private Funds 4
M&A 1

In addition to its recent expansion, the firm continues to closely monitor the importance of new markets to its clients, particularly in Latin America and the Far East.

Total Listings in WWL 12 Established 2003
Home jurisdiction Channel Islands Total size of firm 300
Number of partners 42 Number of offices 6


Investment funds and private equity is a key focus of the firm’s corporate practice and it enjoys a leading reputation in the field. Ben Morgan recently led a team advising Doric Nimrod Air Three Limited on its successful initial public offering on the specialist fund market of the London stock exchange and its listing on the Channel Islands securities exchange. The Guernsey-domiciled, closed-ended fund has a market capitalisation of £220 million which will be matched by debt financing to purchase four new Airbus A380 aircraft which will be leased to Emirates on a 12-year term. Graham Hall is head of the corporate and finance group in Guernsey and has more than 20 years’ experience in investment funds and finance, advising several “high-profile” clients. Tom Carey acts for asset managers, banks and fund promoters on the structuring and establishment of closed-ended and open-ended collective investment schemes. Jarrod Farley is located in the Cayman Islands and he specialises in the establishment of both regulated and unregulated investment funds. He also advises funds on transactions, finance and compliance matters.

The firm’s private client team consists of 32 lawyers including seven partners. Head of the trusts and fiduciary department in Guernsey, Russell Clark advises on both contentious and non-contentious trust matters. Alison MacKrill advises on the creation and administration of trusts and corporate structures with a particular emphasis on trustee advisory work, employee share schemes, commercial trusts and private client work. Robert MacRae specialises in contentious trusts and advises trustees and beneficiaries on complex and sensitive applications for directions from the Royal Court, rectification and variation of trusts, freezing orders and asset tracing. Victoria Connolly is a senior associate in Jersey who specialises in fiduciary law.

Head of the litigation and dispute resolution group in Guernsey, John Greenfield is recognised as an asset recovery “specialist”. Examples of his work include successfully arguing a case in the Royal Court of Guernsey which further extended the liability of victims of criminal conduct to be able to claw back assets held in the island. Greenfield acted for Ikea. Karen Le Cras is also a “talented litigator” at the firm who specialises in banking, finance and trusts litigation, asset tracing and freezing orders. She is “renowned” for her work on cross-border matters.

Further “standout” lawyers at the firm include banking consultant Nigel Carey and M&A “expert” Guy Coltman whose work includes acting for Capita Fiduciary Group Limited on its recent purchase of AIB’s Jersey business on a full cash, debt-free basis.


Carey Olsen’s pro bono commitment equals an average of a case per day – and that is just in the Jersey office. The firm’s proudest pro bono moment of 2013 was its work on a cyber-bullying case which has led to the Jersey authorities recognising it as an emerging abuse within society and committing resources to tackling it.


Carey Olsen’s recent expansion into the BVI and Cayman Islands has seen its funds sector grow considerably while it maintained strong positions in the legal markets of Guernsey and Jersey. 2014 looks to be another successful year for the firm as it furthers its ambition to become the offshore law firm of choice by means of organic expansion and consistent market-leading client service. 

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Carey Olsen - Professional Notice

Carey Olsen is a market-leading offshore law firm. We deliver exceptional services to our clients from the key offshore financial centres of the British Virgin Islands, the Cayman Islands, Guernsey and Jersey. We also have an established presence in Cape Town and the City of London.

We are consistently the firm of choice for clients and advisers who refer work to our jurisdictions. 

We are consistently the firm of choice for clients and advisers who refer work to our jurisdictions. 

Our firm offers a partner-led service. We employ 300 people and our 42 partners head up a total complement of 185 fee-earners.  We provide legal services in relation to all areas of corporate and finance law, trusts and fiduciary law, investment funds and dispute resolution as well as to private clients.

We work with an extensive range of clients including directors, global financial institutions, investment funds, private equity houses, corporations, trustees, governments and private individuals including entrepreneurs.  We also routinely work with leading legal advisers elsewhere on international transactions and cases involving our jurisdictions.

Our Practice

Our legal practice groups offer our clients and referrers access to a comprehensive range of services for transactional, dispute resolution and private client work. Our primary transactional legal services include: banking and finance; intellectual property; corporate and commercial; investment funds and private equity; employment, pensions and incentives; mergers and acquisitions; commercial property; regulatory and financial crime; insolvency and restructuring; trust and fiduciary; and insurance.

Our dispute resolution and litigation group represents clients on the full spectrum of contentious, semi-contentious and advisory work in both a domestic and international context. Together with commercial litigation services our practice offers focused advice on: banking and finance; insolvency and restructuring; corporate disputes; regulatory and financial crime; and contentious trusts.

Our private clients rely upon us for services including those which involve: estate planning; wills and inheritance; and residential property.

Recent Awards and Achievements

Corporate Adviser Rankings recognises Carey Olsen as the number-one offshore adviser to LSE-listed clients by the total volume of clients advised (March 2014); Wealth Adviser named Carey Olsen “Best Offshore Law Firm” in 2013; Citywealth International Finance Centre named Carey Olsen “Offshore Law Firm of the Year” (2013) in the Crown Dependencies; and The Monterey Insight Funds Survey, Guernsey 2013, ranks Carey Olsen as the number-one adviser to investment funds based on the firm’s market share of domiciled and non-domiciled funds. The combined Guernsey and Jersey reports by Monterey record Carey Olsen as advising the largest number of funds domiciled across Guernsey and Jersey; meanwhile, Carey Olsen won the award for the Guernsey Law Firm of the Year at the 2014 Who’s Who Legal Annual Awards.



British Virgin Islands

Rodus Building, Road Reef Marina, PO Box 3093, Road Town, Tortola, British Virgin Islands

Tel: +1 284 494 4030

Fax: +1 284 494 4155

Cayman Islands

PO Box 10008, Willow House, Cricket Square, Grand Cayman, KY1-1001, Cayman Islands

Tel: +1 345 749 2000

Fax: +44 1481 739081


PO Box 98, Carey House,

Les Banques, St Peter Port,

Guernsey GY1 4BZ

Tel: +44 (0) 1481 727272

Fax: +44 (0) 1481 711052


47 Esplanade, St Helier,

Jersey JE1 0BD

Tel: +44 (0) 1534 888900

Fax: +44 (0) 1534 887744


International Offices


8-10 Throgmorton Avenue,

London EC2N 2DL

Tel: +44 (0) 20 7614 5610

Fax: +44 (0) 20 7628 0652

Cape Town

Protea Place, 40 Dreyer Street,

Claremont, Cape Town,

7708, South Africa

Tel: +27 21 286 0026

Fax: +27 21 671 8137

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