Firm / Organisation

Griffiths & Partners

Current View:

This content is provided by Griffiths & Partners.

Managing Partner: Conrad Griffiths, QC
Number of partners: 5
Number of lawyers: 7
Languages: English, Italian, French and Russian (conversational)

Firm Overview:
Griffiths & Partners (“G&P”) is a leading, full service commercial law firm of attorneys based in the Turks and Caicos Islands (the “TCI”).

G&P attorneys are experienced in advising international clients, law firms and other intermediaries, in respect of TCI law. The firm’s expertise is in a broad field of disciplines, which is required in order to practice in, and meet the demands of, an offshore jurisdiction.

The firm is part of G&P Group, one of the largest professional service teams in the TCI, offering legal, trust and company management and formation services. G&P Group also includes Coriats Trust Company (a TCI Licensed Trusts Company which has been the leading Trust Company in the TCI for over 40 years, having Trust License Number One in the TCI, and is regulated and licensed by the TCI Financial Services Commission) and G&P Corporate Services (the Group’s specialist, TCI licensed company manager). G&P Group offers international standards of responsiveness, integrity and quality, allied to deep local TCI knowledge and relationships, and has a powerful international network of allied firms and relationships in every major country in the world to better enable it to help and support clients to achieve their goals.

G&P attorneys are regularly involved in the highest profile legal and business work in the TCI. The attorneys are internationally qualified, and are also admitted to practice in the TCI. The firm is led by senior partner Conrad Griffiths QC, who has 20+ years’ experience in the jurisdiction. The other partners at the firm are David Stewart, David Cadman, Oliver Chapman and Luca Bonetto.

Main Areas of Practice:

Corporate:
G&P provides strategic corporate, commercial and business advice to investors, stakeholders, partners and businesses already in, or seeking to invest in, the TCI. The firm advises on complex domestic and cross-border M&A transactions, restructurings, joint ventures, strategic alliances and expansion into new markets, as well as corporate governance.

New legislation in the TCI came into force in January 2019 which require entities carrying on specific types of businesses, or relevant activities, to demonstrate adequate economic substance in the jurisdiction.

The firm offers trademark and other intellectual property registration services in the TCI, including a full range of contentious and non-contentious services relating to intellectual property protection, and also provides business and immigration support to assist clients throughout the application process for business licenses, work and residency permits.

Recent instructions include advising on telecommunications agreements, acquisitions of gaming businesses, sale of significant on-Island businesses to international investors, joint venture setting up a complex international structure for a substantial medical devices business based in Europe, and a comprehensive corporate restructuring for a significant Group having interests in several Caribbean jurisdictions. G&P have also recently advised on the formation of a captive insurer for a large US group of care homes and in regards to a reinsurance entity with capitalization in excess of US$100 million.
Contact: Luca Bonetto
Email: [email protected]

Banking, Finance & Regulatory:
G&P advises domestic and international clients (including financial and banking institutions, global corporations, professional and public bodies, family offices, and private investors)on financial transactions, refinancing, real estate finance, and asset finance.

Recent instructions include advising a banking group on the TCI law aspects of the acquisition of a leading bank having significant operations in the TCI and several other Caribbean jurisdictions, a leading commercial and wealth management bank on regulatory requirements relating to establishing a presence in the TCI, a major resort owner and developer on refinancings of a loan facility and development loan, and an institutional banking group on the TCI law aspects of a revolving credit facility to a TCI borrower for the purposes of a hotel acquisition in another Caribbean jurisdiction.
Contact: Luca Bonetto
Email: [email protected]

Litigation:
G&P has been involved with the highest profile litigation, dispute resolution and restructurings in the TCI in recent years, including a $50m civil recovery claim arising from an $850m proposed development in the TCI. This was the highest value litigation in the TCI’s history. The firm continues to be involved in major litigation matters in the TCI’s Supreme Court and the Court of Appeal in a wide range of contentious matters including civil recovery, judicial review, public inquiries, commercial litigation, insurance, trusts, divorce (including financial orders) and employment law. The firm regularly works with international law firms in multi-jurisdictional litigation.
Recent instructions include advising on large multinational litigation matters including claims in excess of US$300 million for a TCI incorporated entity involved in litigation in New York, Scandinavia and London. The firm was recently also involved in high profile judicial review proceedings in relation to development and planning, and in several significant cases in respect of strata corporations in the Supreme Court, the Court of Appeal and the Privy Council.
Contact: Conrad Griffiths and David Cadman
Email: [email protected] or [email protected]

Real Estate:
GG&P is regularly involved in the highest profile and value real estate, development and property financing transactions undertaken in the TCI. These have included acting on a major judicial review concerning planning permission for a US$200 million hotel project, acting for the vendor in the sale of a resort for US$70+ million, advising a major resort owner in connection with the refinancing of a US$40+ million facility, acting for a developer on a US$25+ million development loan.

The firm regularly acts for individuals on the sale and acquisition of high-end villas and condos, and have recently advised on three major developments in the TCI ranging in developed value from US$40 million to US$250 million. The firm also has a wealth of experience in the negotiation of MOUs and development agreements with the TCI Government on behalf prospective developers.
Contact: Oliver Chapman
Email: [email protected] 

Trust & Private Clients:
G&P offers broad, cost effective and expert trust services, advising on trust structuring under TCI law in conjunction with the firm’s allied licensed Trust Manager, Coriats. Coriats is one of the largest providers of trust and private client services in the TCI. The firm also advises trustees, beneficiaries and protectors on their rights and obligations. The firm has deep experience in working with overseas accountants, lawyers and banks in the provision of advice and structures to internationally wealthy clients. The partners of G&P have recently held numerous trust advisory roles, including a substantial corporate reorganization of a trust owned international corporation.
Contact: David Stewart
Email: [email protected]

Contributions

Total 2 contributions

Real Estate 2020 Law and Practice in Turks and Caicos Islands

Oliver Chapman

Read now
Insolvency 2019 Second Edition Law and Practice in Turks & Caicos

Conrad Griffiths QC, David Stewart, Luca Bonetto, Wayne Hofer

Read now