Working alongside lead counsel Addleshaw Goddard, Appleby provided multi-jurisdictional advice on the transaction, evidencing the collective strength of the team across the jurisdictions.

James Gaudin, Corporate Partner, supported by Gemma Whale, Associate with assistance from Kyle Sutherland, Corporate Partner (Isle of Man), Jeremy Berchem, Group Partner (Guernsey), and Caroline Barton, Corporate Partner (Cayman), led the team at Appleby from the Jersey office.

Commenting on the transaction James Gaudin said: “We are delighted to have supported Addleshaw Goddard on the offshore aspects of this transaction. This is another excellent example of the experience and expertise of our global team.”

RBS made the decision to sell its offshore asset finance division in order to comply with upcoming ring-fencing rules, which come into force in 2019, requiring banks to keep their retail operations separate from their operations outside of the European Economic Area, which include operations in the Channel Islands.

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Key Contacts

James Gaudin

Partner: Jersey

T +44 (0)1534 818 337
E Email James

Kyle Sutherland

Partner: Isle of Man

T +44 (0)1624 647 653
E Email Kyle

Jeremy Berchem

Group Partner: Guernsey

T +44 (0)1481 755 601
E Email Jeremy

Gemma Whale

Senior Associate: Jersey

T +44 (0) 1534 818 166
E Email Gemma

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