Kerry Anderson
Partner
Funds, Investment, Regulatory
Head, New York Office
T: + 284 494 5808
E-mail: kanderson@onealwebster.com
Practice areas: Funds, Financial Services Regulatory, Corporate, Commercial, Banking, and Real Estate
Kerry Anderson is head of the firm’s Funds, Investment, and Regulatory practice and former long-time managing partner. He advises domestic and international clients on complex, multijurisdictional corporate and commercial matters. He is deeply experienced in the initial structuring of investment vehicles or amendments to investment vehicles and often provides continuing legal advice and support throughout their operation. His clients include U.S. and EU-based fund managers, closed-ended funds, open-ended funds, public funds, and segregated portfolio company funds.
Mr. Anderson also advises on joint venture deals and acquisitions for select international private and public corporations in various industries including logistics, food, and technology.
Mr. Anderson has over 17 years’ experience in practice. After graduation from the University of the West Indies and the Hugh Wooding Law School in Trinidad and Tobago, he was admitted to the Bar of Trinidad and Tobago in 1999 and to the Bar of the Eastern Caribbean Supreme Court (BVI) in 2001.
Representative work includes:
- Preparing Fast Notes amendment agreements to conform to covenants and other provisions of certain outstanding senior unsecured notes, roughly $3.25BB in aggregate principle amount, in the NXP Semiconductors N.V. (NASDAQ:NXPI) acquisition of Freescale Semiconductor, Ltd. (NYSE:FSL).
- Acting for Uti Worldwide, a non-asset based third-party logistics service provider located in Long Beach, California, on restructuring issues ahead of its acquisition by DSV, a Denmark-based, global 3PL for $1.35 billion.
- Advising on the structure of investment vehicles for the purpose of supporting the construction and development of the Convento Obra Pia Viceroy Cartagena, a luxury hotel development at a UNESCO World Heritage Site in Colombia, S.A. The work involved developing the complex private placement documentation and related agreements, which accounted for differentiated rounds of financing and type and nationality of the investor, taking into account their tax domicile and local restrictions.
- Advising on agreements, including a shareholders’ agreement, a side agreement, subscription agreement, and other documents in the issue of shares and additional investment in a technology joint venture based in California.
Publications:
- BVI Companies and their Advantage in Asian Structures – ALB China
- The Key to the BVI – The New Europe
- FOCUS ON : Offshore Legal – Asia Fund Manager
Admissions:
- Admitted to the Bar of the Eastern Caribbean Supreme Court (BVI) (2001)
- Admitted to the Bar of Trinidad and Tobago (1999)
Education:
- Hugh Wooding Law School in Trinidad and Tobago (1999)
- Graduate of the University of the West Indies (1997)
Recognition:
- Legal500, 2012-16. Listed as a “commercial expert.” Recommended for “funds, regulatory financial services, and corporate and commercial matters.” [has] “significant experience advising major clients on a wide range of BVI corporate and commercial matters.”
- Chambers Global, 2015-16. Leading Practitioner. “Noted for his understanding of investment funds and regulatory issues, advising a number of international clients on challenging BVI structuring matters.”
- IFLR1000, 2014-16. Leading Lawyer. “Managing Partner, Kerry Anderson wins praise from clients.”
Christopher Simpson
T: + 284 494 5808
E-mail: csimpson@onealwebster.com
Practice areas: Corporate and Commercial, Banking and Finance, Investment Funds
Date joined: 2010
Position: Partner
Christopher Simpson joined O’Neal Webster in 2010 and is a Partner in the firm’s Commercial Department. His practice focuses primarily on Corporate and Commercial, Banking and Finance, and Investment Funds, where he advises a client base of leading financial institutions, corporations, and law firms on all aspects of corporate finance including joint ventures, initial public offerings, private placements, mergers, arrangements, corporate restructuring, bilateral and syndicated loans, bond issues, property financing, project finance, special purpose vehicles, investment funds, and general aspects of corporate law. He also advises on investment business and regulatory matters.
Prior to joining O’Neal Webster, Christopher practised at Harney Westwood & Riegels in both their BVI and Hong Kong offices.
Christopher is regularly instructed by leading law firms, financial institutions, and corporations on high value corporate, banking and investment funds transactions. Over the course of his career, Christopher has been involved in numerous IPOs, including on AIM, TSX, NASDAQ, SGX and the LSE. He has also been involved in groundbreaking deals including one of the first ever court approved corporate arrangement schemes in the BVI and one of the largest single asset real estate financings in China.
Christopher is a graduate of the University of the West Indies and the Norman Manley Law School. He is also a graduate of the University of London where he obtained an LLM in International Business Law. Christopher was admitted in the British Virgin Islands in 2001 and was registered as a foreign lawyer in Hong Kong in 2006. Christopher is a past Treasurer of the BVI Bar Association and is a Notary Public.
Notable deals:
– Acted as BVI counsel to FBN Capital in a US$315 million financing for the acquisition of a majority interest in one of the largest power generating stations in Nigeria.
– Acted as BVI Counsel to Luminex Corporation in its US$50 million acquisition of molecular diagnostics firm GenturaDX and its subsequent restructuring. That deal was awarded an M&A Deal of the Year Award by M&A Advisor.
– Acted as BVI counsel to Mercantil Colpatria, S.A. in connection with its sale to The Bank of Nova Scotia of a 51% stake in Banco Colpatria, one of Colombia’s leading banks. The deal was valued at about US$1 billion.
– Acted as BVI counsel to Taylor Wimpey PLC in connection with its reorganization following its sale of Scottsdale homebuilder, Taylor Morrison, and its Canadian sister company, Monarch Homes to a consortium of investment funds for US$1.15 billion.
– Acting as BVI counsel to Prime Glory Management Limited on its sale of a residential property in Hong Kong in one of the most expensive residential areas in the world for HK$280,000,000. The property was sold to China LWM Property Limited, a wholly owned subsidiary of Sino-Tech International Holdings Limited (a company listed on the HKSE). The transaction was a discloseable transaction under Hong Kong Listing Rules.
Publications:
Investment Fund Managers “Brexit” to the BVI
BVI Finance – “Why more investment managers are turning to the BVI”
Global Capital Markets – “Securities and investment business regulations in the British Virgin Islands”
China Business Law Journal – “Offshore Structures in China Business”
Financier Worldwide Magazine – “BVI Legal and Regulatory Framework – insight for offshore private equity investors”
Several articles and guides on Mondaq, Lexology and Legal 500.
Education:
LL.B. (Hons), University of the West Indies (1998)
Certificate of Legal Education (Merit), Norman Manley Law School (2000)
LL.M. (Hons), University of London (2005)
Other Distinctions:
[Christopher Simpson is a] “Key Contact” and “Recommended Lawyer” – Legal500, 2016
“Recommended” Corporate & Commercial Lawyer – Legal 500, 2014
Banking Lawyer of the Year – British Virgin Islands (Lawyer Monthly Legal Awards, 2013)
“[Christopher] Simpson has been involved in major BVI deals, including one of the first ever court approved corporate arrangements in the BVI.” – Legal 500, 2011