Sally Peedom

Sally Peedom

Senior Associate

Cayman

Sally is a senior associate in the International Private Client and Trusts department within the Dispute Resolution team in Cayman. Sally specialises in both contentious and non-contentious international trusts and private client work. As a commercial litigator, Sally also has experience in shareholder disputes, and insolvency litigation and general commercial disputes. Sally has over 9 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.
My services
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.

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Director & Shareholder Disputes
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Thanks to the depth of our experience and the resources of our team, we've acted on some of the largest pieces of litigation brought against directors offshore. We're well placed to deal with the 'bet the farm' proceedings that can occur in these type of disputes and have represented parties involved in intra-company disputes, including executive, non-executive and independent directors, majority and minority shareholders, companies and liquidators. We understand that shareholder disputes are often not simply 'black and white' and our team finds innovative and commercial alternatives to those which the Court may offer – taking a collaborative approach with our clients to ensure that the right result is achieved.

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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 all concerned. We regularly act on multi-party actions for both plaintiffs and defendants.

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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.

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Contentious Trusts
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We represent trust corporations, 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 across the globe.

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Insolvency & Restructuring
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For financially distressed companies in need of restructuring and reorganisation, or for those where the opportunity to do so has passed or failed, Collas Crill's insolvency and restructuring team work to achieve the most beneficial outcome in these difficult situations. At whatever stage, our early involvement will assist in identifying on-going risks. looking for opportunities and managing deteriorating relationships with creditor, financiers, investors or other interested parties. The team brings a wealth of experience from a range of backgrounds to give quick, accurate, commercial advice, primarily across the financial services sector.

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Private Client Advisory
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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.

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My news & deals
Insight 29 Nov 2019

A timely reminder

INTRODUCTION The judgment in ZHANG HONG LI AND ANOTHER V DBS (HONG KONG) LTD AND OTHERS [2018] HKCA 435 (the DBS case) provides a timely reminder to professional trustees...

Deal 20 Nov 2019

Principles of the Norwich Pharmacal

Norwich Pharmacal relief and the Confidential Information Disclosure Law, 2016 In a detailed and thorough judgment, The Honourable Justice Kawaley reviews the governing...