Collas Crill

Deals & Cases

Risk & Regulatory

  • Creation of bespoke letters of credit and allied security package for Clydesdale Bank

    Guernsey // Jersey

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    Ian Kirk and Kit Hobbs acted for Clydesdale Bank plc in creating its house documents for lending to insurance businesses (structured either as protected cells or non-cellular companies) in Guernsey, together with certain security documentation to further protect the bank's interests.  They worked with both the commercial lending and in-house legal teams.

     

  • Regulatory matters

    Guernsey // Jersey

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    Advised widely on regulatory issues, in particular, the effect and interpretation of the Criminal Justice (Proceeds of Crime) (Financial Services Businesses) (Bailiwick of Guernsey) Regulation 2007 as they affect fiduciary businesses.

  • Credit Agricole

    Guernsey // Jersey

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    Acted for Credit Agricole in relation to the registration of securities issued by a Guernsey company for distribution to retail investors in Taiwan.  The matter included the firm's input to inform the Taiwanese authorities as to the regulatory requirements applicable to the Guernsey issuer.

  • SITA Guernsey Limited

    Guernsey // Jersey

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    Acted for Sita Guernsey Limited which is a subsidiary of Suez Environment in the development of the Waste to Energy Plant and all related activities inGuernsey. The team, led by Jason Romer (and Chris Bound) brought together project work involving corporate, regulatory, property and project finance type work across the firm.  Working alongside Allen & Overy in a number of the areas of the transaction, the firm has been able to bring its specialist knowledge of the whole Guernsey legal arena building on its experience in specialist projects such as the development of Renewable Energy and acquisition of Herm Island. Once the States of Guernsey reversed the decision to proceed, the firm advised on the potential for remedies under public law from within the Dispute Resolution team. 

  • Alderney Renewable Energy Limited ('ARE')

    Guernsey // Jersey

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    The firm acts on all aspects of the Alderney Renewable Energy Limited's ("ARE") development of the largest commercial array of tidal turbines.  The work encompasses all corporate advisory, transmission network development, debt and equity fund raising and regulatory advice.  This positions  the firm in a unique situation as the only Guernsey law firm with renewable energy experience.  Originally instructed to act for Alderney Renewable Energy Limited ('ARE') in 'world first' negotiation with States of Alderney for rights to exploit tidal power in Alderney's territorial waters. This precedent-setting transaction involved the development of new laws, a unique licensing framework, the drafting and negotiation of the supporting commercial agreements and general regulatory advice on the development of the first tidal power project in the UK to move beyond the testing phase. Further advised on the funding of ARE in various commercial agreements relating to the supply of turbines and equity investment. Norton Rose were instructed by Collas Day to advise on the effect of European electricity regulation and White & Case in connection to advice on a French electricity connection agreement. This project was unique in terms of the type of work being undertaken and the scope of the project in the Channel Islands and the firm has continued to act for ARE on all aspects of their operations requiring legal advice.


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