
Michael Killourhy
Partner
Legal

Michael Killourhy
Partner
Big things are happening at Ogier. Change is embedded in everything we do. It is redefining our talent, our ways of working, our platforms of delivery, our culture.
Services
We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.
Sectors
Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.
We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.
Legal
Corporate and Fiduciary
Consulting
Ogier provides practical advice on a unique combination of six laws: BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg. Our global network covers Asian, European and US time zones.
Banking and Finance
Corporate
Dispute Resolution
Employment law
Intellectual Property
Investment Funds
Listing services
Local Legal Services
Private Wealth
Property law
Regulatory
Restructuring and Corporate Recovery
Tax
Banking and Finance overview
Asset Finance
CAYLUX Fund Finance
Debt Capital Markets
Derivatives
Fund Finance
Islamic Finance
Leveraged Finance
Listing services
Real Estate Finance
Restructuring and Corporate Recovery
Structured Finance
Sustainable Finance
Regulatory
Corporate overview
Economic Substance
Equity Capital Markets
Listing services
Mergers and Acquisitions
Private Equity
Real Estate Structuring, Acquisitions and Disposals
Regulatory
Technology and Web3
Dispute Resolution overview
Banking Disputes
Corporate and Financial Services Disputes
Crypto Disputes
Enforcement of Judgments and Awards
Fraud and Asset Tracing
Funds Disputes
Insurance Disputes
International Arbitration
Regulatory
Restructuring and Corporate Recovery
Section 238 Shareholder Appraisal Rights
Shareholder and Valuation Disputes
Trusts Disputes and Applications
Investment Funds overview
Hedge Funds
Managers and Sponsors
Private Equity
Real Estate, Infrastructure and Energy Funds
Regulatory
Sustainable Investing and Impact Funds
Technology and Web3
Local Legal Services overview
Cayman Local Legal Services
Channel Islands Local Legal Services
Ireland Local Legal Services
Employment law
Estate Planning, Wills and Probate
Expat services
Family Office
Intellectual Property
Make your Guernsey will online
Make your Jersey lasting power of attorney online
Make your Jersey will online
Notary public services
Relocating your business
Relocating your family
Property law
Providing exceptional and efficient service, our Corporate, Funds, Private Wealth and Capital Markets teams offer clients integrated legal and corporate administration services with a strong reputation in governance and regulatory compliance.
Accounting and Financial Reporting Services - Ogier Global
Cayman Islands AML/CFT training - Ogier Global
Corporate Services - Ogier Global
Debt Capital Markets - Ogier Global
Fund Services - Ogier Global
Governance Services - Ogier Global
Investor Services - Ogier Global
Ogier Connect - Ogier Global
Private Wealth Services - Ogier Global
Real Estate Services - Ogier Global
Regulatory and Compliance Services - Ogier Global
Our experts provide independent guidance spanning advice and training to implementation and evaluation across sustainable investing, regulatory compliance and tech. Our tailored advice meets clients' specific needs, delivering flexible solutions and support.
Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.
Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.
Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.
Fresh thinking, sharper opinion.
We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone.
No Content Set
Exception:
Website.Models.ViewModels.Components.General.Banners.BannerComponentVm
Deal
02 September 2021
British Virgin Islands
ON THIS PAGE
Ogier has acted as British Virgin Islands counsel on NASDAQ-listed Kismet Acquisition One Corp's merger with Cyprus-based Nexters Global Limited, in a SPAC business combination valuing Nexters at an enterprise value of US$1.9 billion.
The deal, initially signed at the end of January this year, closed on August 27 following the prior approval of Kismet's shareholders. The acquisition price was settled in a combination of shares in a new NASDAQ-listed BVI company, Nexters Inc, which will hold the merged business, and an additional US$132 million in cash, approximately, which will effectively be reinvested in the business to develop new games and fund geographical expansion.
Nexters, which is one of the top five independent mobile game companies in Europe, was founded in Russia in 2014 by Andrey Fadeev and Boris Gertsovskiy. It is best known for creating the mobile games Hero Wars which has had over 120 million downloads globally, and Throne Rush. In total, Nexters' games have been downloaded more than 200 million times.
Ogier has represented Kismet since the company was initially launched on NASDAQ in August 2020. For this transaction, the Ogier team was led by partner Michael Killourhy and included senior associate David Mathews.
"Ogier's involvement in this transaction gives me enormous pride. The Nexters – Kismet One merger was probably the biggest BVI SPAC business combination since 2012 (when Burger King Worldwide combined with Justice Holdings) and it is certainly one of the biggest BVI M&A deals of any type in recent years, " said Michael.
"The transaction was not just big in value or size, but big on complexity too, and Ogier was involved at all stages and in almost all key aspects. Working with first class teams at Skadden, Greenberg Traurig and Latham & Watkins, as well as the very talented in-house teams at Kismet and Nexters, was an absolute pleasure and we look forward to a continuing relationship with the merged entity as it works to achieve its new goals."
Kismet was also advised in the transaction by Skadden, Arps, Slate, Meagher & Flom LLP, as M&A counsel, and Greenberg Traurig, LLP, as US securities law advisor. Nexters was advised by Latham & Watkins LLP.
Michael Killourhy
Partner
Legal
Michael Killourhy
Partner
Contact Michael
Back
David Mathews
Managing Associate
Legal
David Mathews
Managing Associate
Contact David
Back
Sign up to receive updates and newsletters from us.
Sign up
No Content Set
Exception:
Website.Models.ViewModels.Blocks.SiteBlocks.CookiePolicySiteBlockVm