Firm profile submitted by Babbé LLP
THE FIRM Babbé LLP is a leading Guernsey law firm with a well established international reputation for the provision of high quality legal services in the offshore finance sector. Its core aim is to provide a better service to clients than any other law firm in the island. In a demanding and challenging business environment, clients value the firm’s dynamic ethos and its focus on directness and efficiency, combined with a strong tradition of personal service. Babbé LLP fields a team of exceptionally experienced lawyers offering a range of specialist expertise. The firm has an international client base, as well as acting for many leading local institutions. The focus is on understanding and meeting the commercial objectives of individual clients.
PRINCIPAL AREAS OF WORK
Corporate & Commercial: Babbé LLP advises on a broad range of matters, including: lending and security taking; fund raising through debt and equity; acquisitions and disposals; and novel corporate and equity structuring. The firm also advises on insolvency and restructuring issues and the unwinding of commercial joint ventures. The firm’s in-house corporate services provider is able to undertake local company incorporations, including incorporated cell companies and protected cell companies. The focus of the highly experienced team is on taking a robust commercial view of clients’ needs with an emphasis on finding solutions rather than simply identifying problems. Babbé LLP regards itself as being instructed as much on the commercial aspects of a transaction as on those which are purely legal or technical.
Funds: Babbé LLP provides a rapid response to institutions and individual asset managers seeking fund advice. Sponsors are routinely guided through the application, submission, regulatory and compliance processes for the establishment of funds and for listings on the CISE.
Trusts & Pensions: Babbé LLP’s Trusts Practice is highly valued for the quality and robust independence of its advice, an independence bolstered by the fact that, uniquely amongst Guernsey’s larger law firms, Babbé LLP does not operate its own trust company in competition with clients. The firm advises on the formation and structure of trusts for both private and commercial purposes as well as giving general trusts advice, including contentious matters, and non-contentious court applications.
Dispute Resolution: The renowned Dispute Resolution Team is particularly active in the areas of trusts and investment disputes, being instructed on much of the island’s heaviest litigation. It also undertakes a wide spread of general commercial work and is frequently involved in cross-border insolvency, professional indemnity, asset tracing, injunctive relief, and assistance in foreign proceedings. Stress is laid on the clients’ need to achieve a commercial objective, be it through mediation (in which the team, has wide experience) or through the courts.
Commercial Property: Babbé LLP has acted in virtually every major commercial property transaction in Guernsey in recent years. The firm has extensive experience of sales and acquisitions by both transfer of title and share transfer. The team is able to draw on a detailed knowledge of Guernsey’s highly specialised real property law in combination with specialist expertise in the corporate aspects of large scale commercial transactions and in commercial lending and security.