Richard Brown

Partner

合伙人

D: + 1 284 394 4034

E: richard.brown@careyolsen.com

Laws Practised:

Location:

British Virgin Islands

执业法律

办公室

英属维尔京群岛

"Richard Brown in London is an excellent lawyer, both technically and in his appreciation of the strategy and tactics of offshore litigation."

The Legal 500 UK

Brown has “very high levels of client care and a commercial approach."

Global Restructuring Review 2022

"Richard Brown is a class operator with deep knowledge of offshore litigation. He is reliable and passionate."

The Legal 500 UK

"Richard is excellent throughout."

Chambers UK

"He is very responsive. He's always there when you need him and has a good turnaround time on matters. He is also a pleasure to work with."

Chambers 2023

About

简历

D: + 1 284 394 4034

E: richard.brown@careyolsen.com

Laws Practised:

Location:

British Virgin Islands

执业法律

办公室

英属维尔京群岛

Richard is a dispute resolution and litigation partner based in Carey Olsen's British Virgin Islands office. Richard's practise encompasses all aspects of BVI commercial disputes, including insolvency, fraud and asset recovery, shareholder disputes and contentious trust matters. Richard is one of the authors of the PLC guide on the enforcement of arbitral awards in the BVI, and regularly assists clients seeking to satisfy unpaid awards and foreign judgments. Richard is also able to advise clients facing investigations by the BVI's International Tax Authority and other contentious regulatory matters.

Richard has particular experience of cases which raise complex jurisdictional issues and where proceedings are on foot in several jurisdictions. He regularly obtains interlocutory relief such as freezing injunctions, and also assists clients in resisting and overturning such orders. Richard has experience advising on the resolution of disputes arising in relation to crypto currency and other digital assets, and the structures involved in the business of crypto and blockchain technology.

Richard has a track record of successfully representing clients before the BVI Commercial Court and the Eastern Caribbean Court of Appeal, and where appropriate negotiating favourable settlements to avoid litigation.

Career

Richard started his career with Hogan Lovells in London, where he practised for eight years prior to moving to the BVI in 2013. Richard gained his higher rights of audience in the English Courts in 2010 and was admitted as a solicitor advocate in the BVI in 2013. Between 2015 and 2017, Richard worked for Carey Olsen in Jersey. Richard was admitted as a registered associate of the Bermuda bar in 2023.

He is a member of R3, RISA, INSOL and the Commercial Fraud Lawyers' Association. Richard is listed as a thought leader in asset recovery by Who's Who Legal for Asset Recovery, and is ranked as a leading BVI lawyer in directories including Legal 500, Chambers and Partners and Global Restructuring Review.

Advises on

业务领域

Relevant experience

Acting for a leading Nigerian bank in proceedings to enforce a US$150 million facility against assets held through BVI vehicles, including obtaining injunctive relief and the appointment of receivers, and successfully resisting applications to set that relief aside.
Acting for an Indian auto-parts manufacturer in proceedings to enforce an arbitral award in the BVI against a Taiwanese former joint venture partner.
Acting for one of the founders of a BVI-incorporated crypto-currency exchange in relation to a dispute over shareholders' rights on the redemption of their interest.
Acting for a minority shareholder of a Bitcoin treasury company in relation to suspected unlawful dilutions of shares.
Advising a crypto issuer in relation to contractual and non-contractual issues arising under various SAFTs (Simple Agreement for Future Tokens)
Acting for a crypto issuer in relation to a dispute over a token grant agreement.

Acting for a Formula E racing team in BVI insolvency proceedings to recover monies owed to it by a failed crypto-currency issuer.

Acting for a sovereign state in contested proceedings to enforce a number of English judgments in the BVI.
Acting for the Federal Republic of Nigeria in BVI proceedings to recover a private jet said to have been acquired with the proceeds of a $1 billion dollar fraud.

Acting for the liquidators of Exential Investments Inc, which was involved in a substantial Ponzi scheme in the UAE, leaving 1000s of investors out of pocket. Obtained the first reasoned judgment from the BVI Commercial Court approving a third party funding arrangement to enable investigations and recovery proceedings
Acting for the UK administrators of an English FCA-regulated entity pursuing losses of c. US$250 million from a BVI company, successfully appointing liquidators in the BVI and advising on recovery strategies.

Awards and accolades

奖项和荣誉

Richard is ranked as a leading BVI lawyer in Legal 500, Chambers and Partners, GRR and Who's Who Legal (Asset Recovery). Richard has been described as having "very high levels of client care and a commercial approach" by the GRR 100.