Senior Partner: James Levy CBE QC
Number of partners worldwide: 46 Number of other lawyers worldwide: 45
Languages: Chinese (Cantonese and Mandarin), English, French, Hebrew, Italian, Portuguese, Spanish
Hassans was founded in 1939 and is the largest firm in Gibraltar. It is one of the world’s foremost offshore law firms which combines an old world approach to client service with a new world approach to business and technology.
Main Areas of Practice:
Corporate & Commercial
International Finance & Banking
Trust & Company Administration
Corporate & Commercial:
The firm provides a full range of legal services for clients ranging from small businesses to major multinationals. It advises corporate clients working in or through Gibraltar on a wide variety of crossborder transactions and financing structures. Other matters handled include international corporate restructures, joint ventures, M&A and corporate franchising, tax and e-commerce.
The fund industry in Gibraltar has seen rapid and impressive growth, and it continues to expand at a phenomenal rate. As a result, Gibraltar has become a serious option for individuals and companies considering where to base investment funds. Hassans has been at the forefront of this development, advising both the Government of Gibraltar and most of the funds domiciled in Gibraltar.
The fintech team offers specialist legal and regulatory advice in the distributed ledger technology and crypto currency space. The firm has already helped to bring two of the largest crypto currency businesses to Gibraltar (November 2017).
The firm has advised some of the major on-line betting operators on setting up their operations in Gibraltar and on their IPOs on the London Stock Exchange. The firm has also been heavily involved in assisting the Gibraltar government and industry in drafting the Gambling Act, which has modernised gaming legislation.
Hassans is not only part of the Gibraltar insurance industry, the firm helped create it. The firm’s innovative approach has delivered value to insurance clients over the last 20 years working with some of the biggest names in the industry.
International Finance & Banking:
The firm has particular experience in banking and financial markets. It is the only firm in Gibraltar to combine specialist expertise in derivatives regulation with a substantial banking, tax and securitisation practice. The firm advises on banking regulation and licensing, including the establishment of offshore operations and regulatory advice, as well as the implementation of various legal and tax structures including repackaging and securitisation.
The department handles most aspects of litigation, with a niche focus on international commercial and trust litigation. The firm’s litigators practise as both barristers and solicitors, and provide a full range of litigation services.
The firm has specialist lawyers who regularly advise on all aspects of private client matters including asset protection, trusts, domiciliation and taxation.
The firm acts for most of the major local and international developers and builders. The firm advises on matters concerned with secured lending, mortgages and charges for most banks and building societies in Gibraltar.
The firm has strong links with major English shipping firms and has been involved in a number of significant international admiralty cases. The firm also handles ship registration and finance.
Trust & Company Administration:
Through an associated company (Line Group Ltd) the firm provides administration services for both companies and trusts. Among the users of these services are international clients who the firm advises on the use of Gibraltar trusts and offshore companies.
Three quarters of the firm’s work is related to international clients. Many of them use Gibraltar companies and trusts to structure their fiscal, fiduciary or investment requirements, and over the years strong links have been forged with major multinationals, financial institutions, banks, law and accountancy firms throughout the world.
The firm’s international clients predominantly come from the US, the UK, Israel and continental Europe (in particular Luxembourg, The Netherlands, Spain and Portugal). They include global corporations, private equity groups, international banks and insurance companies.