David Clark

E [email protected]
T +1 441 298 3583

Download Profile


David Clark is a partner in Appleby’s corporate practice group, with over 20 years of experience. David joined Appleby’s Bermuda office in April 2019, after having worked in the firm’s British Virgin Islands office for three years and the London office for 11 years. David practices Bermuda and BVI law and has particular expertise in banking, M&A, project finance, capital markets, structured finance and restructuring. He regularly acts for major European, US and Asian banks and multi-national corporations in relation to complex cross-border financing structures and joint ventures.

David trained at Clifford Chance, London where he qualified into the capital markets department and gained additional experience on secondments to the Hong Kong and Tokyo offices as well as to Goldman Sachs and Morgan Stanley. David also spent three years with a major US law firm where he specialised in structured finance. He read law at the University of Cambridge where he received a B.A. and M.A.

David is ranked as a ´market leader´ in IFLR1000 and described as ‘both knowledgeable and pragmatic’ as well as ‘technically very competent´ by Legal 500. In addition, he was named as a ´Leader in his Field´ by Chambers UK. He also is the author of the BVI chapter in Legal 500’s 2020 M&A Country Comparative Guide.


Recent transactions include advising:

  • Worldwide Vision Limited in connection with the acquisition by Blackstone of a majority stake in MagicLab, which builds and operates leading dating and social networking apps, including Bumble and Badoo;
  • a global renewable energy group which designs, finances, builds and monitors high-performance solar plants in relation to the restructuring and sale of a solar energy business in Thailand;
  • First Quantum Minerals Ltd. (listed on the Toronto Stock Exchange) on the issuance of $2.2 billion of new notes;
  • Unilever on the acquisition of Quala’s Latin American personal care and home care portfolio;
  • a major global IT group in relation to a $13.5 billion spin off and merger of an IT services business;
  • a major gold mining company in connection with a $4.1 billion corporate refinancing involving extensive security arrangements relating to numerous BVI and Jersey companies in the group;
  • a global technology group in respect of one of the largest business separations ever conducted (valued at $5 billion);
  • a major international private equity firm in relation to the capitalisation of US$1.1 billion in loan receivables;
  • a Premiership football team in relation to the post sale restructuring;
  • a leading UK mortgage provider on the £145 million refinancing of loans provided to a leading consortium of UK shopping centers;
  • a major bank in relation to a £150 million term loan facility provided to the BVI holding company of an international luxury hotel chain guaranteed by a Bermuda incorporated parent;
  • a major UK bank in relation to three facilities for a global energy group amounting to $145 million, each secured by pari passu security packages under Bermuda and BVI law;
  • a major international bank in relation to the impact of its merger with a European bank on all outstanding cash pooling agreements, security documents and guarantees;
  • the UK subsidiary of a major Malaysian property development company listed on the Malaysian Stock Exchange in relation to the acquisition of a BVI property holding company prior to the UK company’s listing on AIM and the related £225 million acquisition financing.


  • University of Cambridge (England)

“[David] is sensitive to client demands, very responsive to queries, knowledgeable and willing to assist whenever possible.”

Chambers UK


15 Apr 2020 | News

COVID-19 Economic Substance Update

All of the offshore jurisdictions in which Appleby operates have implemented legislation to require ...

16 Oct 2019 | News

The Rules on Economic Substance in the British Virgin Islands.

The British Virgin Islands International Tax Authority (ITA) published the Rules on Economic Substan...

Contributors: David Clark, Andrew Jowett
12 Jul 2019 | News

Appleby launches Economic Substance online tool

Appleby is pleased to introduce an online Economic Substance Entity Classification Questionnaire. Th...


6 May 2021 |

Legal 500 M&A Guide 2021 - BVI update

Originally provided for Legal 500's M&A Guide, April 2021 This country-specific Q&A provi...

Contributors: Shana Simmonds

Related People

Riley O’Brien

Associate: Bermuda

T +1 441 298 3260
E Email Riley

Jamie Rego

Senior Associate: Bermuda

T +1 441 298 3562
E Email Jamie

Tamara Maduro

Associate: BVI

T +1 284 393 5306
E Email Tamara

Shana Simmonds

Partner: BVI

T +1 284 393 5325
E Email Shana

Matthew Carr

Partner: Bermuda

T +1 441 298-3594
E Email Matthew

Tiffany Boys

Partner: Bermuda

T +1 441 298 3596
E Email Tiffany

Tonesan Amissah

Managing Director: Bermuda

T +1 441 298 3302
E Email Tonesan

Jerome Wilson

Partner, Head of Technology & Innovation: Bermuda

T +1 441 298 3559
E Email Jerome

Clive Langley

Partner: Bermuda

T +1 441 298 3202
E Email Clive