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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.

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Ogier in Jersey has acted for the Bank of London and the Middle East (BLME)


23 July 2013

Jersey, Luxembourg Legal Services


Ogier in Jersey has acted for the Bank of London and the Middle East (BLME) on successive refinancings of the 2011 acquisition by BLME’s Light Industrial Building Fund of three light industrial properties in the UK. A Jersey protected cell company structure was used in the debt financing which comprised both Shariah-compliant funding and conventional funding, with security over Jersey-situs assets.

In addition, Ogier Jersey and Ogier Luxembourg have acted for BLME on a number of Shariah-compliant real estate financings, each involving the provision by BLME of a murabaha.

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