Senior Partner: Peter A Isola
Number of partners worldwide: 10
Number of other lawyers worldwide: 14
Languages: English, French, German, Italian, Portuguese, Spanish
ISOLAS LLP is a leading international law firm with its headquarters in Gibraltar. Established in 1892, it is Gibraltar’s oldest law firm, this year celebrating 125 years since its establishment. The commerciality of the advice that the firm provides: its close attention to cost considerations, its professional network in Gibraltar and beyond, as well as its dedication to leveraging information technology solutions for the benefit of the client makes for a compelling package of advantages over the firm’s competition in the local marketplace – ISOLAS is consistently ranked as a leading law firm in Gibraltar by all the leading directories.
Main Areas of Practice:
International Banking & Finance:
The firm is a leading player and has specialist lawyers who deal with all aspects of banking and finance, in recent years acting predominantly for lenders in restructuring and re-financing transactions. The team is led by Christian Hernandez who is acknowledged as one of the leaders in the jurisdiction.
Admiralty & Shipping:
Whilst Gibraltar boasts a large number of law firms, there are very few which have a specialist, highly experienced admiralty department. Credit to the firm’s experience and expertise in admiralty matters is the fact the firm are continuously involved in the majority of shipping disputes in Gibraltar as well as receiving instructions from many of the major London shipping law firms.
ISOLAS LLP has developed one of the leading and most successful commercial litigation departments in Gibraltar. The firm’s expertise ranges from (general) commercial litigation to established specialisation in telecommunications, insurance, banking and financial services and international trade, private international and EU competition. In addition, the firm has established expertise in a very wide range of personal and corporate insolvency issues including receivership, administration, liquidation, arrangements with creditors and debt recovery in general. The civil aspects of commercial fraud (invariably in an insolvency or insurance context) are also an aspect of work undertaken by the firm which include tracing remedies, search and seize orders and freezing injunctions.
Funds & Financial Services:
ISOLAS LLP is recognised as a leading provider in the funds, banking and financial services sector. Its funds and financial services team has experienced exponential growth in recent years and is now responsible for generating a significant proportion of revenue of the financial services practice areas. Joey Garcia is recognised as one of the leading figures in ISOLAS’ contribution to the development of the funds industry in Gibraltar and is chairman of the Gibraltar Fund & Investments Association.
Fintech & Cryptocurrency Practice:
ISOLAS LLP, through Joey Garcia, established itself as the leader in the Fintech/Crypto space, tackling a large and growing amount of business being tackled in Gibraltar, especially in the wake of the coming into force of the DLT provider regulatory framework in Gibraltar. A busy Initial Coin Offering (ICO) practice, Joey Garcia has been at the forefront of developments in the various aspects of business in the fintech space, including digital currency, blockchain and distributed ledger technology in Gibraltar. He co-chairs the Gibraltar Government working group/think tank on digital currencies. He has been involved in advising a number of blockchain start ups and businesses crossing over from the blockchain into the financial services space and is one of the thought leaders involved with the Fintech think tank, ThinkFintech.gi
Gaming: ISOLAS has a dedicated team of professionals with broad and in-depth experience with licensing, transactions, regulation and legal issues facing remote gaming operators and their suppliers involved in gaming (including social or casual gaming), gambling, betting, lotteries (both remote and land-based) and e-commerce business. The gaming team regularly assists businesses in this sector, from start-ups and remote gambling license applications to large corporations, in commercial and corporate transactions.
Trust & Company Administration:
ISOLAS are closely associated with the Fiduciary Group, one of the largest and leading trust managers in Gibraltar duly licensed by the Financial Services Commission to undertake company management and professional trustee work. Increasingly the firm advises clients through their correspondent network on international corporate structure including trusts and foundations. However, the majority of their work is introduced by EU Banks. Fiduciary Management and Fiduciary Trust are licensed by the Gibraltar Financial Services Commission as Company Managers and Professional Trustees for Companies and Trusts License Nos FSC00276/7b.