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Deal Date: 30-09-2013 Practice Area: Corporate and M&A
Deal Title: Formation of Channel Islands Lines Industry: Industrial Transportation
The new Channel Islands Lines (CIL) freight service has been formed with legal advice from a cross practice team at Carey Olsen. Senior associates Jeremy Garrood, James Willmott and Will Whitehead and of counsel Huw Thomas worked with Rockayne Limited (the funders) on the corporate, employment and property aspects of the company structure for Channel Island Lines. The MV Huelin Dispatch Lift-On-Lift-Off vessel will run three return journeys a week between the islands and the UK, on the strategically important freight cargo routes, creating around 45 jobs, employing former staff where possible. Huelin Renouf Shipping Ltd ceased trading last month with the loss of approximately 90 jobs after operating for almost 80 years.
Financial Center: Guernsey Value: 0.00-0.00
Advised Party: Group Law Firm
Group Guernsey Group Guernsey
Classification: Group Restructurings
Lawyer Jeremy Garrood