Michael Killourhy

Practice Areas

Asset Finance; Aviation and Marine; Banking and Finance; Corporate; Debt Capital Markets; Derivatives; Digital Blockchain and FinTech, Economic Substance; Energy and Natural Resources; Equity Capital Markets; Financial Services and Regulation; Fund Finance; GDPR; Investment Funds; Islamic Finance; Leveraged Finance; Listing Services; Mergers and Acquisitions; Private Equity; Real Estate Finance; Regulatory; Regulatory, Investigations and Enforcement; Restructuring and Insolvency; Structured Finance; Tax; Technology and Web3

Career

Michael advises on a broad range of British Virgin Islands corporate and corporate finance matters, including mergers and acquisitions, equity and debt capital markets, financings and complex corporate restructuring. Michael is widely recognised as one of the BVI's leading public company experts and its pre-eminent special purpose acquisition company expert. Michael is also a thought leader and key figure in the BVI's embrace of FinTech and other new innovative financial services products.

Michael's expertise also makes him a key member of Ogier's multi-disciplinary Private Equity team for both the acquisition and exit phases of downstream PE advisory. Complimenting his general acquisitions skills, Michael is a leading BVI practitioner in structuring, investment and shareholder agreements and management and employee incentive arrangements, while his IPO and general capital markets expertise makes him a unique asset on exit strategies. Michael's accomplishments in this area are well illustrated by his role in advising US private equity firm Baupost on its investment in UK prepared foods supplier Bakkavor and its subsequent exit by way of Bakkavor's successful £1 billion plus IPO on the London Stock Exchange.

Michael is also a market leading adviser on complex corporate and finance reorganisations and reconstructions. He led the BVI corporate teams on Constellation Overseas' 2019 ground breaking "soft touch" provisional liquidation and subsequent 2020 BVI scheme of arrangement, as well as the mammoth financial reorganisation of UK-Nigerian oil and gas group Severn Energy's note programmes.

With a client list including Coca-Cola, Hyatt Hotels, United Airlines, Western Union and Texas Pacific Group, Michael is highly regarded and respected by both clients and peers in the BVI's legal community. A standing which has led him to be sought out for industry and government advisory appointments in the territory. Michael is a former member of the board of directors of BVI Finance and the long standing chairman of BVI Finance's Corporate Business Advisory Group. He is a leading adviser to both industry and government bodies in the BVI on the interpretation and application of the BVI's Economic Substance Law. Michael also sits on the BVI Financial Services Commission's Financial Services FinTech.

Admitted in:

2012 - British Virgin Islands

2002 - England and Wales (non practising)