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Jeremy Garrood

Partner

Jeremy is an experienced offshore practitioner who has worked in Bermuda, the Caribbean and the Channel Islands, handling cases across the core offshore disciplines of trust, insolvency and company litigation.

Jeremy has strong insolvency and restructuring experience having dealt with numerous cross-border insolvencies, asset recovery/tracing cases and receiverships.  He has been instructed in factually and legally complex company law cases concerning minority shareholder actions, corporate governance disputes and schemes of arrangement, in the context of general operating companies, cell companies and other investment vehicles. Jeremy continues to be instructed in enforcement actions under the Security Interest (Jersey) Law 2012.

As a trust practitioner Jeremy has had conduct of a number of high value contentious trusts law cases on behalf of beneficiaries and trustees for family and corporate trusts.  These cases have ranged from uncontroversial restructuring to truly contentious breach of trust claims.

Notable Jersey cases include In re Deansgate LLP (including [2015] JRC243 and others) enforcing an £85m security by way of a contentious restructuring, In re Palmerstone Estates Limited (including [2016 JRC066) the first appointment of a receiver in Jersey in a non-fraud context and Barclays et al v. Equity Trust (Jersey) Limited & Others (including [2013] JRC094) defending the former trustee of a €50m unit trust scheme.

Notable cases in other jurisdictions include American Patriot IA v. Mutual Holdings (Bda) Ltd [2012] CA(Bda) 3 Civ, In re Lehman Re Ltd (including [2011] Bda LR 26 and others) and Tensor Endowment Ltd v. New Stream Capital Fund Limited (including [2009] Bda LR 74 and others).  Reported English cases include Martin v. Medina HA Ltd [2007] 1 WLR 1965, Munt v. Beasley [2006] All ER(D) 29, Re a Company (7018 of 2001) [2002] All ER(D), Stevenson v. J Barnett & Co Limited [2004] All ER(D) 599 and Curley v. Parkes [2004] EWCA 1515.

He is a English Barrister who is also admitted to practice in Bermuda, Jersey and the Eastern Caribbean BVI and has provided expert evidence on the law of Jersey in proceedings in the English High Court and Federal and State Courts in the United States. 

Jeremy is a Member of INSOL and sits on the Executive Committee and the Legal Reform Committee of the Association of Restructuring and Insolvency Experts.  He is also a member of the Chancery Bar Association, the Editorial Panel for INSOL World and the Commercial Fraud Lawyers Association.  

Career

Jeremy became a partner at Carey Olsen in 2016.  He was called to the Bar in England in 1996 and spent 13 years in practice in London as a Barrister. He moved to Bermuda in 2009 and was called to the Bermudian Bar in 2010. Jeremy joined Carey Olsen in 2012 and was sworn in as a Jersey Advocate in 2014. He is also admitted as a Barrister of the Supreme Court of the Eastern Caribbean (BVI).

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