Guillaume Staal

+44 1534 737757

Guillaume Staal

Partner  |  Dickinson Gleeson
JURISDICTIONS QUALIFIED IN

Jersey

TOP AREAS OF EXPERTISE

I advise clients in respect of a range of issues including all types of trust and contractual disputes, enforcement of foreign judgments and associated freezing and disclosure orders.

Q&A

What has been the highlight of your practice over the past 12 months?

We acted for a former trustee of a charitable trust defending allegations that the trust was a sham. The claim is brought by administrators of the estate of a HNWI who is alleged to have been the economic settlor of the charitable trust in circumstances where the assets of the charitable trust are alleged to have been worth circa £30m.

The case is interesting for a number of reasons. Firstly, establishing a sham is notoriously difficult given the legal and evidential hurdles to overcome. Secondly the Jersey law on sham trusts is always evolving and this case will (if pursued to its conclusion) present the Jersey court with the opportunity to develop the law further. Thirdly the events in issue in the proceedings span a period of over 20 years rich in documentary records including in relation to the HNWI’s colourful personal life. Fourthly the proceedings involve different jurisdictions including Jersey, England, Panama and Liechtenstein. Fifthly there is substantial inequality of arms between the plaintiffs (professional accountants funded by the very substantial estate of the HNWI) and our client (a retired investment adviser with significant health issues) – perhaps not quite David v Goliath but a stimulating challenge nonetheless.

What advice would you give rising stars/new lawyers in the private client world?

Always prepare as if you are ultimately going to be arguing your client’s case in Court yourself. It is the best advice I was given in my first role in law. Whilst it may not apply in the same way in jurisdictions with a split profession, the message remains that you should constantly ask yourself whether you have considered matters and issues as thoroughly as they can be, and whether you have drafted as clearly and persuasively as you can. Do not rely on someone else (even a more senior colleague) to do that for you.

What is your favourite quote?

Treat people the way you want to be treated. Task to people that way you want to be talked to. Respect is earned not given.


Richard Laignel

+44 1534 514151

Richard Laignel

Managing Associate  |  Ogier
JURISDICTIONS QUALIFIED IN

Jersey

TOP AREAS OF EXPERTISE

Employee incentives and pensions
Private Wealth
Trusts Advisory Group


Dionne Gilbert

+44 (0) 1534 601733

Dionne Gilbert

Partner  |  Collas Crill
JURISDICTIONS QUALIFIED IN

Jersey


Steve Gully

+ 44 (0) 1534 512 575

Steve Gully

Client Services Director  |  Accuro
JURISDICTIONS QUALIFIED IN

Jersey

RECOMMENDED SPECIALISMS

Multi-National Families


Michael Giraud

+ 44 (0) 1534 512 588

Michael Giraud

Client Services Director  |  Accuro
JURISDICTIONS QUALIFIED IN

Jersey

RECOMMENDED SPECIALISMS

Multi-National Families


Howard Gaskell

+44 1534 504754

Howard Gaskell

Director, Private Client  |  Vistra
JURISDICTIONS QUALIFIED IN

Jersey

RECOMMENDED SPECIALISMS

Trusts


Adam Garwood

Adam Garwood

Director, Private Wealth  |  IQ-EQ
JURISDICTIONS QUALIFIED IN

Jersey

RECOMMENDED SPECIALISMS

Family Office


Jonathan Speck

+441534 676371

Jonathan Speck

Senior Partner  |  Mourant
JURISDICTION

Jersey
England and Wales

TOP 3 AREAS OF EXPERTISE

Personal and estate planning
Administration of estates and trusts
Dispute resolution

Enhanced Q&A

What has been the highlight of your practice over the past 12 months?

Working on setting up a number of trusts for ultra-high net worth individuals from jurisdictions around the world, in bespoke structures carefully designed to manage the various risks faced by the different families involved.

How did you get into private client?

My boss from 1989 wrote the Jersey Trust Law. I was his assistant and he dealt exclusively with trusts. The rest is history (30 years of it!).

What advice would you give rising stars/new lawyers in the private client world?

I wouldn't presume.

What is your favourite quote?

“Justice is open to all. Like the Ritz.”

Do you have any outside interests or hobbies?

Wining, dining, travelling (when there is no lockdown).

When the restaurants reopen, where would you like to go?

Harry’s Bar in London.

Where have you seen growth in your practice over the last year?

Definitely in litigation relating to foreign tax.

What is the main area of growth you predict for the next 12 months?

More of the same – especially with the fall-out from Covid-19 and the inevitable tax increases which will follow.

What do you think will be the biggest three challenges in your practice for the next 12 months?

(1) What will "new normal" look like if and when we start to open up after lockdown.
(2) The interplay between AI/tech and fee earners.
(3) Persuading my partners that I should resume my role as International Head of Lunch.


James Campbell

+441534514230

James Campbell

Partner, Global Service Line Head of Private Wealth   |  Ogier
JURISDICTION

Jersey
England and Wales

TOP 3 AREAS OF EXPERTISE

Trust, foundation and estate planning
Asset holding structures

Enhanced Q&A

What has been the highlight of your practice over the past 12 months?

In the past 12 months, I have done significant work for clients on Middle East structures using private trust companies and Jersey trusts. I am also the service line head – trying to bring all of the offices together so that we have one cohesive service line across Cayman, BVI, Jersey, Guernsey and Hong Kong. We have also set up lots of family offices over the past year – normally involving private wealth, fund and regulatory advice – so it has kept us busy.

How did you get into private client?

Initially, I started out at Payne Hicks Beach in London. I wanted to come back to Jersey, so worked in trust litigation, later moving into the non-contentious side. I found that non-contentious was more for me – the people side attracted me. I think in pure trust litigation it needs a certain type of personality to do it. I found non-contentious was more interesting, varied and gave me the opportunity to meet lots of different families and people.

What advice would you give rising stars/new lawyers in the private client world?

Get straight to the point and keep advice pragmatic and simple. Clients for the most part do not want an "academic" analysis.

What is your favourite quote?

"The harder I practice, the luckier I get." Gary Player (Golfer).

Do you have any outside interests or hobbies?

Skiing and golf. You get to see different parts of the world with these sports. I used to play lots of tennis, too – but less so now.

When the restaurants reopen, where would you like to go?

The Oyster Box, Jersey – I love the beach there and the food is fabulous.

Where have you seen growth in your practice over the last year?

The COVID-19 pandemic has given ultra-high net worth families the time and opportunity to consider where and how they want to structure their assets. We are seeing a good flow of instructions from international families looking to establish new structures in Jersey or re-structure existing structures. Political uncertainty remains high as a risk factor and there remains a strong desire for families to structure their assets in a safe harbour like Jersey which has the benefit of political stability, a reputable court and over fifty years of experience in structuring trusts and other entities. The spectre of new wealth taxes is also causing many wealthy families to consider physical re-location and a restructuring of assets.

What is the main area of growth you predict for the next 12 months?

I predict and am seeing an increase in the number of private trust companies being established in Jersey for ultra-high net worth families. Further existing private trust companies in other jurisdictions moving to Jersey as a safe harbour with a sound reputation.

I am also seeing a rise in structuring coming out of South East Asia and notably Hong Kong. The pandemic coupled with political uncertainty is driving clients to structure their assets.

What do you think will be the biggest three challenges in your practice for the next 12 months?

(1) Families becoming increasingly mobile;
(2) New wealth taxes being introduced to pay for the pandemic; and
(3) A desire for ultra-high net worth clients to contribute more to society as the gulf between rich and poor continues to widen exponentially.


Katrina Williams

+44 (0)1534 825200

Katrina Williams

Director  |  Rawlinson & Hunter
JURISDICTIONS QUALIFIED IN

I am a member of STEP, and obtained the STEP paper in UK Taxation for International clients in 2013. I was named in the Private Client Practitioner’s Top 35 Under 35 for 2013 and 2015. As a Director of R&H Trust Co (Jersey) Limited, providing trust and company services, I work with UHNW International families and has particular experience in administering structures for clients connected to the UK and the US.

TOP AREAS OF EXPERTISE

Dealing with offshore trust and fiduciary structures.

RECOMMENDED SPECIALISMS

Exotic Assets
Simple Structure

Q&A

What has been the highlight of your practice over the past 12 months?

In the past 12 months I have continued to work with both US and UK connected clients, private equity executives, entrepreneurs, PTCs, and a very significant family business.