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Paul Wilkes

Consultant

Legal

Guernsey

Paul  Wilkes

Paul’s advises on all elements of investment fund establishment, regulation and downstream transactional work. His clients include venture capital, private equity, real estate and hedge fund managers based in the key fund markets of London, New York and Asia with a fast-growing following in South Africa.

Experience

Paul joined Collas Crill in 2007, became a group partner in 2011 and headed up the corporate team from 2014 until 2021. During this time he has built a strong network of clients and collaborators and broadened the firm’s profile in the investment funds and corporate space. Between 2014 and 2020 he was an elected member of the Executive Committee of the Guernsey Investment and Funds Association.

Always having taken a commercially-minded approach, in 2021 Paul moved to a consultancy role with the firm alongside an external position as founding partner of a venture capital firm. This brings unique and invaluable experience and perspective to the team in advising fund managers.

Background

Paul started his career in Sydney at King & Wood Mallesons, following a year-long placement as Associate to Justice Reginald Barrett, a Justice of the Supreme Court of New South Wales. He moved to Guernsey in 2006 to a leading offshore law firm.

Paul has a bachelors degree in Physiotherapy (University of Sydney, 1998), an LLB (UNSW, 2003) and an MBA (Oxford University, 2020).

He has also been recognised as one of the world's leading practitioners in the Lexology Index: Private Funds 2025. 

Memberships

Paul is a member of the Law Society of England & Wales, the Guernsey International Lawyers Association and the Oxford Union.

*admitted in England and Wales

Legal 500: UK Hall of Fame

"Seeing a client's success and growth over a number of years is the most rewarding part of what I do. Building strong, long-term relationships is the key to our success. It's what makes what we do fun."

Expertise

There's little doubt that for every challenge in the current market, an opportunity emerges. Having the right team to exploit these opportunities gives you a definite advantage. At Collas Crill we work with our clients to take advantage of opportunities at all stages in the investment lifecycle.

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We regularly act in relation to significant mergers and acquisitions activity in our jurisdictions, whether as lead counsel for strictly local matters or as part of an international team for multi-jurisdictional transactions.

In addition to the negotiation of transaction documents, we assist clients with disclosure and due diligence exercises as well as obtaining competition authority clearances. Our focus is a practical one; looking to allow clients the certainty to conclude a deal in the knowledge that their risk has been identified and mitigated appropriately.

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We can advise in relation to the financing of investment funds in Guernsey, Jersey, BVI and Cayman, advising both borrowers and lenders. Fund financing covers a range of financing possibilities including mezzanine financing or acquisition finance, but most commonly involves capital call or subscription facilities. It is a specialist area that requires an understanding of fund structuring, the risks involved in lending to funds and specific security requirements.

Underlying relationships between investors, borrowers and lenders are key to the success of the industry. We work with lenders and borrowers to maintain these relationships at every stage of the process, with our commercial, efficient and pragmatic approach to managing transactions.

Our investment practice is not limited to regulated investment funds. With private capital deployment a global trend we also advise clients on a range of unregulated and private structures. These include structures allowing new promoters to build a track record or investment clubs to access particular investments without incurring the time or financial cost of entering the regulatory regime.

In addition, we frequently work with our award winning private client team to provide investment fund like solutions for family offices or high-net-worth individuals. Our team's experience in this often overlooked area of the investment sector can help our clients manage regulation and plan their structures for future growth without unnecessary limitations.

Our uniquely diverse practice regularly assists with the establishment of both open and closed-ended fund structures. In addition to traditional Channel Island private equity and real estate structures and Caribbean hedge funds, we have advised on a number of alternative and esoteric classes. We work alongside our clients to understand their investment thesis and provide bespoke drafting to build the fund they want as opposed to generic template structures and documentation.

We advise clients at every step of the process, including preparing offer documents, investor negotiations, the preparation of agreements, and in the closing of transactions.

News and insights

Expertise recognised in Lexology Index 2026

The expertise of several partners across the firm has been recognised in the latest edition of Lexology Index. Trusted by thousands of companies and organ...

News 13/05/2026
  • Cayman
  • Guernsey
  • Jersey
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Migrating a company to Guernsey

Just like a person, a company can change its nationality. In Guernsey, the process by which a company changes its nationality or place of incorporation is...

Guide 01/03/2026
  • Guernsey
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Migrating a company out of Guernsey

Just like a person, a company can change its nationality. In Guernsey, the process by which a company changes its nationality or place of incorporation is...

Guide 01/03/2026
  • Guernsey
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Expertise recognised in Lexology Index

The expertise of a number of partners across the firm has been recognised in Lexology Index (formerly Who's Who Legal).  Trusted by thousands of comp...

News 18/12/2025
  • Cayman
  • Guernsey
  • Jersey
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Collas Crill congratulates debut fund launch

Collas Crill congratulates consultant, and former partner, Paul Wilkes and his team at Osney Capital on the successful launch of their debut fund. Paul wa...

Deals and cases 16/04/2025
  • Guernsey
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Collas Crill maintains strong rankings in Legal 500 UK 2025 Guide

Collas Crill's Guernsey and Jersey teams have maintained a strong set of rankings in this year's Legal 500 UK directory. The firm is consistently listed i...

News 04/10/2024
  • Guernsey
  • Jersey
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Collas Crill UK Legal 500 2023

Collas Crill has maintained its strong position in the Legal 500 United Kingdom directory this year, upholding its rankings across all practice areas. Des...

Life and careers 29/09/2022
  • Guernsey
  • Jersey
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Private investment funds in Guernsey

Guernsey's Private Investment Fund (PIF) regime recognises that for some promoters, the nature of the target investors warrants a more flexible, cost-effe...

Guide 03/06/2022
  • Guernsey
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Africa investment opportunities

Guernsey's reputation as a jurisdiction of choice for global investments is well established. In recent years, Guernsey funds are becoming increasingly po...

News 17/02/2022
  • Guernsey
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Collas Crill explains... Joint ventures

This is part of a series of guides in which we examine areas of law that frequently arise in practice. Further guides will be released weekly; click here ...

Guide 21/07/2021
  • Guernsey
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Economic substance and partnerships

The Income Tax (Substance Requirements) (Implementation) Regulations, 2021, have been approved by the State of Guernsey's Policy and Resources Committee a...

Insight 22/06/2021
  • Guernsey
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Collas Crill explains… Payment of dividends and distributions by a Guernsey company

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 17/06/2021
  • Guernsey
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Collas Crill explains… What is a Guernsey fund?

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 19/05/2021
  • Guernsey
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GFSC consults on proposals

On 21 April the Guernsey Financial Services Commission issued three consultation papers ("Papers") as part of the implementation of the Revision of Laws P...

News 07/05/2021
  • Guernsey
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Private Investment Fund Rules and Guidance, 2021

The Guernsey Financial Services Commission has released the Private Investment Fund Rules and Guidance, 2021, updating the original Private Investment Fun...

Insight 21/04/2021
  • Guernsey
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Collas Crill advises Curaleaf

Collas Crill has advised Curaleaf on its successful acquisition of EMMAC Life Sciences Limited ('EMMAC') at an implied post money valuation of $413m. EMMA...

Deals and cases 13/04/2021
  • Guernsey
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Similar but not the same

Economic substance legislation has been introduced in each of our offshore jurisdictions, requiring all businesses with entities in those jurisdictions to...

Insight 07/01/2021
  • Guernsey
  • Jersey
  • Cayman
  • BVI
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Brexit and Guernsey: What you need to know

The UK formally ceased to be a member of the EU on 31 January 2020. Following this, the terms of a withdrawal agreement between the UK and the EU (the Wit...

Guide 09/12/2020
  • Guernsey
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Collas Crill explains… Accounting and auditing requirements for Guernsey companies

This is the last in our series of guides in which we examine areas of Guernsey law that frequently arise in practice. In this guide, we outline the key t...

Guide 23/10/2020
  • Guernsey
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Collas Crill explains... Restoring a Guernsey company

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 16/10/2020
  • Guernsey
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The perfect match

1 October 2020 saw the first announcement of a company intending to list on the International Property Securities Exchange (IPSE), the world's first secur...

Insight 15/10/2020
  • Guernsey
  • London
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Launch of private investment fund

Collas Crill's Corporate Finance and Funds team in Guernsey has advised on the launch of Alpha Investment Funds PCC Limited, a registered, closed ended, p...

Deals and cases 07/10/2020
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Collas Crill explains… Voluntary striking-off of a Guernsey company

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 01/10/2020
  • Guernsey
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Collas Crill explains… Compulsory winding-up of an insolvent Guernsey company

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 23/09/2020
  • Guernsey
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Future business risks seminar

Collas Crill will be hosting a complimentary seminar, 'When it hits the fan…', at the Old Government House Hotel on Thursday 15 October. Directors, comme...

News 23/09/2020
  • Guernsey
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Collas Crill explains: Winding up a solvent Guernsey company

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 09/09/2020
  • Guernsey
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Collas Crill explains… Incorporating a Guernsey company

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 12/08/2020
  • Guernsey
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Collas Crill explains … Types of company in Guernsey

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 05/08/2020
  • Guernsey
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SoG passes migration regulations

The States of Guernsey yesterday passed The Limited Partnerships (Guernsey) (Migration) Regulations, 2020. These regulations have been long-awaited; while...

Insight 31/07/2020
  • Guernsey
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Collas Crill explains… Taking security over Guernsey contract rights

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 29/07/2020
  • Guernsey
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Collas Crill explains…Taking security over a Guernsey bank account

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 22/07/2020
  • Guernsey
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Collas Crill explains…Taking security over shares in a Guernsey company

This is part of a series of guides in which we examine areas of Guernsey law that frequently arise in practice. Further guides will be released weekly; cl...

Guide 15/07/2020
  • Guernsey
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Guernsey fast-track licensing

On 12 June the Guernsey Financial Services Commission announced the launch of a new fast-track application regime for managers of overseas collective inve...

Insight 17/06/2020
  • Guernsey
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Leading the way

Collas Crill worked with client Freedom Asset Management Limited, as legal advisers and listing sponsor, to undertake a first-of-its-kind listing on The I...

News 06/05/2020
  • Guernsey
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Alternative Investment Funds guide

Alternative Investment Fund specialists from Collas Crill BVI, Guernsey and Jersey have collaborated with several major international law firms to produce...

News 15/04/2020
  • Guernsey
  • Jersey
  • BVI
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Economic substance

The continued spread of Coronavirus (COVID-19) has led to some of the greatest restrictions on people movements and gatherings ever imposed globally, incl...

Insight 03/04/2020
  • Guernsey
  • Jersey
  • Cayman
  • BVI
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Impact on economic substance

As Coronavirus has now been declared a pandemic by the World Health Organisation, many companies and other entities globally will be concerned on whether ...

Insight 13/03/2020
  • Jersey
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News from the Cape

Group Partner and Head of the firm's Corporate, Finance and Funds team, Paul Wilkes recently travelled to Cape Town for the South Africa funds roadshow. P...

Insight 04/03/2020
  • Guernsey
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£20m finance facility

Collas Crill has acted for RAW Capital Partners and RAW Mortgage Fund assisting with securing a £20 million finance facility from OakNorth Bank Plc. The R...

Deals and cases 04/10/2019
  • Guernsey
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Acquisition of Guernsey Press

Collas Crill has assisted Bailiwick Investments Limited and MXC Guernsey Limited with the recent acquisition of The Guernsey Press Company Limited, from J...

Deals and cases 03/10/2019
  • Guernsey
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Guernsey's Prospectus Rules 2018

The Prospectus Rules 2018 were issued by the Guernsey Financial Services Commission (GFSC) and replace the Prospectus Rules 2008. The Prospectus Rules se...

Guide 02/09/2019
  • Guernsey
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The International Stock Exchange (TISE): Debt listing

TISE is the Channel Islands based leading securities exchange. The principal attraction of TISE is for the listing of debt securities and has in excess of...

Guide 16/04/2019
  • Guernsey
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Guernsey property unit trusts

A Guernsey Property Unit Trust (GPUT) is a type of Guernsey trust which is usually used as a vehicle to hold UK commercial real estate assets. A GPUT is a...

Guide 21/03/2019
  • Guernsey
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Crime (Overseas Production Orders)

The Crime (Overseas Production Orders) Act 2019 (Act), which received Royal Assent on 12 February 2019, enables UK law enforcement authorities and prosecu...

Insight 15/03/2019
  • Guernsey
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SFO drops two major cases

Lisa Osofsky, the new Director of the UK's Serious Fraud Office (SFO), announced the closure of its Rolls-Royce and GlaxoSmithKline cases at the end of la...

Insight 15/03/2019
  • Guernsey
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Final GFSC Handbook released

On 12 March 2019, the Guernsey Financial Services Commission (GFSC) issued in final form, the revised Handbook on Countering Financial Crime and Terrorist...

Insight 12/03/2019
  • Guernsey
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Stock Exchange – SEC Recognition

At the end of January 2019, The International Stock Exchange was able to announce that it had been recognised by the US Securities and Exchange Commission...

Insight 14/02/2019
  • Guernsey
  • Jersey
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£75m property portfolio sale

Collas Crill acted as Guernsey and BVI counsel to Cubic Property Fund Limited in the sale of a property portfolio, with an asset value of approximately £7...

Deals and cases 04/02/2019
  • Guernsey
  • BVI
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Who’s Who of Private Funds

Collas Crill group partners Paul Wilkes and Wayne Atkinson, from the firm’s Guernsey office, have been recognised in this year’s Who’s Who Legal Private F...

News 30/01/2019
  • Guernsey
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CC advises UK property refinancing

Collas Crill has assisted The Royal Bank of Scotland International Limited (RBSI) with the amendment and restatement of a £23 million facility to Bazaar I...

Deals and cases 07/12/2018
  • Guernsey
  • London
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CC advises Intertrust refinance

Collas Crill continue their ongoing relationship with the Intertrust group, a leading global provider of expert administrative services, advising on their...

Deals and cases 30/11/2018
  • Guernsey
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Guernsey funds quick reference guide

All structures can be constituted as companies (including PCCs and ICCs), limited partnerships and unit trusts All structures need a Guernsey-based admin...

Guide 22/10/2018
  • Guernsey
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Private Investment Fund: JTC / ACM Limited (ACM)

Collas Crill, together with JTC, has advised on the establishment of ACM Limited (ACM), an open-ended investment fund, and its registration as a Private I...

Deals and cases 17/09/2018
  • Guernsey
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LCCG - Generali Acquisition

Collas Crill has provided Guernsey law advice to Life Company Consolidation Group (LCCG) on its entry into an agreement to acquire Generali Worldwide Insu...

Deals and cases 07/08/2018
  • Guernsey
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Institutional investor 'private REITs': Look no further than TISE

After an incubation period of over 10 years from the first implementation of UK Real Estate Investment Trusts, and following the impending tax changes to ...

Guide 12/07/2018
  • Guernsey
  • Jersey
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UK REITs: A great opportunity for South African investors

The last few years has seen a significant increase in the number of Guernsey domiciled UK Real Estate Investment Trusts (REITs) being established for stru...

Guide 12/07/2018
  • Guernsey
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Real Estate Investment Trusts (REITs)

The Channel Islands have seen significant growth in the establishment of Guernsey and Jersey UK Real Estate Investment Trusts (REITs) in last few years, f...

Guide 05/07/2018
  • Guernsey
  • Jersey
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80 Fenchurch Street

Collas Crill has acted alongside Hogan Lovells LLP for TH Real Estate who arranged a structured £155million facility for the development of 80 Fenchurch S...

Deals and cases 12/06/2018
  • Guernsey
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Turkish family office

Collas Crill's Guernsey and BVI offices have recently acted in the acquisition of a Guernsey Special Purpose Vehicle (SPV) on behalf of a prominent Turkis...

Deals and cases 15/05/2018
  • Guernsey
  • Jersey
  • BVI
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Riverside Capital

Collas Crill and Intertrust have assisted Riverside Capital with the purchase of 197-205 City Road (Old Street Works) – a mixed-use asset in the heart of ...

Deals and cases 03/11/2017
  • Guernsey
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Compliance Matters article

In the fifth of a series of regulatory columns by experts in Guernsey’s legal sector, group partner Wayne Atkinson looks at the quest for perfection in re...

Insight 12/10/2017
  • Guernsey
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Open-ended Private Investment Fund

Collas Crill has advised Freedom Select Funds PCC Limited (FSF) in converting it to Guernsey's new Private Investment Fund (PIF) regime. FSF is managed by...

Deals and cases 13/07/2017
  • Guernsey
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Protected cell companies: Going beyond funds and captive insurance

Protected Cell Companies (PCCs) have existed in Guernsey for more than ten years and have been widely replicated in other jurisdictions. Most people are f...

Guide 21/02/2017
  • Guernsey
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Protected cell companies: Going beyond funds and captive insurance

Protected Cell Companies have existed in Guernsey for over ten years and most people are familiar with their traditional uses for captive insurance and fo...

Insight 21/02/2017
  • Guernsey
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A guide to Protected Cell Companies in Guernsey

2019 There are two types of cell companies: The Protected Cell Company (PCC) The Incorporated Cell Company and its Incorporated Cells These are similar ...

Guide 22/09/2016
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Intertrust Group B.V.

Collas Crill acted for the Intertrust Group B.V. group of companies in entering into a syndicated secured debt facility worth around €600 million from ABN...

Deals and cases 03/08/2016
  • Guernsey
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GFG Limited

Collas Crill acted for GFG Limited on the establishment of a Guernsey closed ended investment fund, to be listed on the London Stock Exchange (LSE) and Ir...

Deals and cases 03/08/2016
  • Guernsey
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Riverside Capital

Collas Crill acted as lead counsel for Riverside Capital (an FCA regulated firm) on the establishment of Riverside Capital PCC Limited, an authorised clos...

Deals and cases 03/08/2016
  • Guernsey
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Investment funds in Guernsey

Guernsey has been an established base for collective investment funds for decades. Guernsey-based funds are promoted and sponsored by leading institutions...

Guide 04/11/2015
  • Guernsey
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Collas Crill's corporate and commercial practice continues to grow

Collas Crill's Corporate and Commercial team is expanding to meet increasing demand with the appointment of associate Alexandra Gill.

News 20/10/2015
  • Guernsey
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R.G.I. International Limited

Paul Wilkes and Wayne Atkinson have advised the AIM-listed company R.G.I. International Limited as the company successfully contested a number of resoluti...

Deals and cases 19/08/2015
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Collas Crill appoints Consultant

Collas Crill has strengthened its Guernsey corporate and commercial team with the appointment of experienced Consultant David Moore. David has more than 3...

News 17/07/2015
  • Guernsey
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EU "blacklist"

On Wednesday 17th June, the European Union published a blacklist of international tax havens which are considered to be "non-cooperative". Thirty jurisdic...

Insight 19/06/2015
  • Guernsey
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