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Sally Peedom

Sally Peedom (TEP)

Senior Associate | Cayman

International Private Client and Trusts

  • Sally Peedom is recommended for her hard work, practical approach to problems and excellent client skills.
    Client
  • Sally Peedom always gives timely advice tailored to client needs.
    Legal 500 2022
  • Sally Peedom is a very efficient and effective lawyer, always providing advice you are comfortable trusting.
    Legal 500
  • Sally Peedom is a key port of call for a number of institutional trustees and high-net-worth individuals on both sides of the Atlantic.
    Legal 500
  • Sally is very measured, very methodical and a great thinker. She understands a huge variety of structures and the regulations and how to structure the client affairs.
    Client feedback
  • Sally is someone whom we have had substantial dealings. She is cheerful and efficient and a pleasure to deal with.
    Client
  • Senior associate Sally Peedom is a very knowledgeable lawyer with an approachable manner that makes her a pleasure to work with.
    Legal 500

Sally is a Senior Associate in the International Private Client & Trusts department. Sally specialises in both contentious and non-contentious international trusts and private client work. As a commercial litigator, she also has experience in shareholder disputes, and insolvency litigation and general commercial disputes. Sally has over nine years of experience working offshore, in both Cayman and Guernsey.

Sally regularly advises trustees, high net worth individuals, family offices and charitable organisations on the establishment, restructuring and administration of trust structures, including in relation to the use of STAR trusts, Foundation Companies and private trust companies. Sally also advises on trust matters relating to the establishment and administration of investment funds structured as unit trusts, pension trusts and employee benefit trusts. Sally has significant experience in relation to trust litigation matters, including in relation to applications for directions, court blessings, mistake and rectification, as well as grants of probate and letters of administration, and resealing foreign grants.

Prior to moving to Cayman in December 2016, Sally worked in Guernsey and in Australia for several years.

Sally is admitted as a Solicitor in New South Wales and the High Court of Australia, and as an attorney-at-law in the Cayman Islands. Sally completed a Masters of Law and Management (UNSW) in 2005, specialising in Corporate Insolvency. She has also completed the Advanced Certificate in Trust Disputes (STEP) and is TEP qualified. Sally is also the Cayman Jurisdictional Editor for ITPA. Sally is recognised for her trusts and commercial litigation expertise by Legal 500 and Chambers Europe.

Work highlights include:

  • Acted on behalf of a numerous trustees or beneficiaries in connection with several notable rectification, mistake or blessing applications
  • Advising the joint official liquidators of Platinum Partners Value Arbitrage Fund LP
  • In the matter of AA (as Trustee of the A Trust) – represented outgoing trustees in an in camera application for a court blessing to replace the trustee in light of investigations being carried out by the Serious Fraud Office
  • TCCI & Ors v East Forest Green Limited (in liquidation) & others - acted for a former Guernsey Trustee and its directors in relation to a claim for breach of trust and dishonest assistance
  • Friends Life Group Scheme of Arrangement - assisted with advising on the £5.6bn acquisition of the Friends Life Group
  • Jackson & Ors v Dear & Ors – acted for the Tetragon entities in relation to a derivative action filed in the Royal Court of Guernsey against Tetragon entities and its executive and independent directors
  • Carlyle Capital Corporation Limited (in liquidation) and Ors v. William Elias Conway Jnr and Ors. – assisted on a complex multi-jurisdictional dispute representing The Carlyle Group and its executive directors in relation to a claim for breach of directors' duties brought by the liquidators of the Carlyle Capital Corporation for losses exceeding $1bn.

 

Legal Secretary
Amaya Alemanez  
My services
Contentious Trusts
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We represent trust corporations, HNWIs, individual trustees and beneficiaries, often dealing with novel points of law and creating new and innovative solutions to fit the needs of our clients. Given the international scope of settlors, investments and assets, we often co-ordinate advice from our multi-jurisdictional teams, meaning that our clients benefit from the knowledge and depth of experience of our people around the globe.

Contentious Wills, Estates & Probate
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We provide fast, cost-effective and sensitive advice on all manner of will related disputes during what is often an extremely upsetting and distressing time for those concerned. We regularly act on multi-party actions for both plaintiffs and defendants.

Contentious Wills, Estates & Probate
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We provide fast, cost-effective and sensitive advice on all manner of will related disputes during what is often an extremely upsetting and distressing time for those concerned. We regularly act on multi-party actions for both plaintiffs and defendants.

Dispute Resolution
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When your business is involved in any kind of legal dispute it's crucial to work with lawyers who are hands-on, cost-effective and flexible enough to respond quickly and intuitively to your unique situation and needs. We know that there are many different ways a dispute can be resolved and work closely with our clients to understand every aspect of their business, priorities and goals. This allows us to find the best way forward for our clients and to advise on the commercial implications of a dispute, ensuring the process remains as stress-free as possible. Our approach is practical, responsive and tailored to the client's interests. Our expertise and reputation means we're first choice for a range of clients, including banks, trust companies, high net worth individuals and top law firms.

Private Client
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As global legislation, regulation and taxation constantly change and become more complex, it has never been more important to make long-term plans to secure your future, the future of your family or your business. We cut through the legal jargon to provide clear, practical advice when you most need it and anticipate the challenges you are likely to face so that you can rest assured you and your family are in safe hands at every step of the way.

Reporting Obligations for Trustees
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In a climate of increased transparency for structures, it is important for trustees to ensure that they have sufficient policies, procedures and processes in place in order to report the correct data to the correct authority at the correct time. This has been particularly challenging for some of our smaller independent trustee clients who do not have a dedicated compliance team.

Trustee Duties
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The duties of a trustee plays in managing the trust assets and dealing with beneficiaries not only vary from jurisdiction to jurisdiction, but are dictated by trust agreement and its nuances, the type of trust and its specific purpose. Advising on trustee duties is a rapidly growing area given the increasingly complex legal and regulatory framework to which trustees must adhere. Importantly, trustees are becoming increasingly aware of the advantages of acting early and seeking advice on their duties – particularly in situations of potential conflict or stress. Trustees are also making more use of the courts in asking for directions or in having "momentous decisions" blessed.

Trustee Risk & Regulatory Management
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Developments, consolidations and regulation have means that effective risk management and mitigation has never been more important. Our advice is not a ‘one size fits all’ solution, but rather is based on an individual company’s specific business model. By building a partnership with you we add value by providing to trustees with a range of regulatory advice, administration support, products and services within a dedicated team approach, precedent development and on-going education and industry updates. Together with our multi-disciplinary risk and regulatory team, we advise on anti money laundering laws and the regulation of trust companies and can assist in the creation and improvement of straightforward operating procedures, including checklists, designed in conjunction with the needs of a trustee to ensure that all members of staff, no matter what their experience, can provide consistent and accurate back office services.

Trusts & Fiduciary
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We work closely with trust and fiduciary businesses and their clients to build strong relationships based on trust, confidence and a deep understanding of their priorities and needs. We have an extensive range of experience in terms of particular products or service lines, including pensions and Shariah, and many of the team have worked in the other international off and onshore jurisdictions prominent in the world of wealth management. We have associated skills in dispute resolution, risk and regulatory, and image protection. We ensure that thought has been given to the composition of the team on every piece of work we do, and use our mix of skill and experience effectively.

News 14 Nov 2022

Collas Crill: Legal 500 Caribbean

Collas Crill's teams in the British Virgin Islands and Cayman Islands have received another strong set of results in the Legal 500 directory. This year the firm has moved up...

News 14 May 2021

Collas Crill ranked tier 1 in 2021

Collas Crill has been named in tier 1 of the 2021 eprivateclient Top Offshore Law Firms. The 2021 eprivateclient Top Offshore Law Firms rankings are based on a survey of...

Insight 13 Nov 2020

CRS and FATCA update

There have been a number of recent amendments to the Common Reporting Standard (CRS) and Foreign Account Tax Compliance Act (FATCA) reporting regimes in the Cayman Islands...

Insight 7 Sep 2020

Proportionate protection

The Grand Court of the Cayman Islands (the Court) has recently held that where a lacuna existed in the applicable law, the Court's broader supervisory jurisdiction over the...

News 30 Jul 2020

Top Offshore Law Firms 2020

Collas Crill has been named as one of the 2020 eprivateclient Top Offshore Law Firms. The 2020 eprivateclient Top Offshore Law Firm rankings are based on a survey of more...

Insight 27 Apr 2020

Reach of UK to international trusts

In recent years, the reporting obligations on trustees worldwide have been increasing incrementally, with FATCA and the Common Reporting Standards imposing an extra annual...

Showing 6 of 13 Results

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Event 14 Nov 2022
Past Event

Serle Court conference

Guernsey Dispute Resolution Partner David O'Hanlon is speaking at the Serle Court 5th International Trust and Litigation Conference 2022 in New York on 14 November. David...

Event 18 May 2022
Past Event

Transcontinental Trusts

Partner Ben Havard will be speaking at the 36th annual Transcontinental Trusts Geneva Forum. The three day event is one of the longest running trust conferences of its kind...

Event 19 Jan 2021
Past Event

Solving Modern Problems

Sally Peedom, Senior Associate, from our Cayman International Private Client & Trusts team will be speaking at STEP Cayman's upcoming webinar. The modern trustee faces a...

Event 13 Jan 2021
Past Event

Mistake seminar

We will be hosting a timely reminder on mistake and rectification in offshore trusts.  Have you found a mistake in your trust documentation? Advice at inception lead to...

Event 23 Jan 2020
Past Event

STEP Cayman Conference

Collas Crill is proud to be one of the main sponsors of the STEP Cayman Conference 2020, which will take place on 23 - 24 January at the Ritz Carlton in Grand Cayman. The...

Event 12 Nov 2019
Past Event

STEP New York

STEP New York will be hosting a luncheon meeting with Alliancebernstein, LP on Tuesday 12 November. A multi-jurisdictional Collas Crill team will each present on the subject...

Showing 6 of 7 Results

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