
Christian Burns-Di Lauro
Partner
Legal
British Virgin Islands, Jersey

Christian Burns-Di Lauro
Partner
British Virgin Islands, Jersey
Services
We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies enable us to add real value to our clients’ businesses.
Sectors
Our sector approach relies on smart collaboration between our business divisions, our service lines and our jurisdictions. These sector-based teams have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients see around corners.
We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies enable us to add real value to our 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
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 our business divisions, our service lines and our jurisdictions. These sector-based teams have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients 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.
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News
08 August 2022
Global
ON THIS PAGE
Reports last week of the significant increase in corporate insolvencies and voluntary liquidations in England and Wales for Q2 demonstrate the combined impact of government COVID-19 support being withdrawn, soaring energy and fuel costs, and weakening demand – and are being reflected in the nature of the instructions coming into our global jurisdictions from distressed companies across the globe.
In BVI there has been a flow of traditional insolvency-side mandates and we have seen a shift in pre-enforcement insolvency and restructuring advice required by security trustees and finance parties, which may be a sign of parties getting their “ducks in a row”.
In Cayman, the steadiest flow of restructuring work post-COVID is from the Asian markets, although liquidity challenges are starting to be seen elsewhere as sources of capital become more constrained. Investors and investment managers are showing less tolerance for liquidity excuses but are taking strategic steps rather than aggressive action at this stage. Jeremy Snead, London-based partner in the Cayman Restructuring and Corporate Recovery team said "with the introduction of the new Cayman Islands Restructuring Officer regime at the end of August the Cayman Islands may begin to be seen as a more debtor friendly jurisdiction but whether this changes the restructuring landscape in practice remains to be seen, as secured creditors continue to be able to enforce their security without reference to the Restructuring Officer or the Court."
In Guernsey, the wave of expected insolvency work has not yet begun, although administration applications have been seen last year, as well as less classic insolvency related work, like fraud enquires, for example. Similarly with our other jurisdictions, the non-contentious side of restructuring work has been more prevalent.
In Hong Kong, in respect of BVI/Cayman in Asian markets, there has been a lot of front end and intricate restructuring work that hasn't necessarily been insolvency related. The well-publicised strain in capital markets in China is expected to bear more restructuring fruit throughout the year and we have received instructions relating to various Chinese-related bond issues. In addition, we have seen the rather blunt antecedent tool of statutory demands increasing. This may portend of the start of the expected wave of distressed debt restructuring in the market.
In Ireland, the level of corporate insolvencies remained artificially low for the first six months of 2022. This is expected to change significantly in the coming months as Government supports and subsidies are withdrawn, and companies face substantial challenges due to labour storages, high inflation, and low consumer spending. By comparison, the liquidation rate in England and Wales is four times greater than in Ireland, where government supports were withdrawn earlier. Market expectation is that there will be a gradual uptick in insolvency rates for the remainder of 2022 with levels rising substantially as we enter 2023.
In Jersey, we have seen little uptick in instructions of note at this stage. Similarly with other jurisdictions, there is a lot of contingency planning being seen, and with a large banking and finance market, the increase in interest rates is something to keep a keen eye on together with how the credit institutions react with their borrower counterparts – this being a key horizon issue across all our jurisdictions.
Christian Burns-Di Lauro, partner in Ogier's Restructuring and Corporate Recovery team, said: "Credit institutions will undoubtedly play their part in the financial markets by working with businesses to amend existing credit facilities to help stabilise the uncertainly of potential insolvent restructuring scenarios to extend their life expectancy during this unknown period of uncertainty.
"However, with China – one of the world's largest net-exporters – pursuing a zero-COVID policy, and with soaring energy prices exacerbated by Russia, the longer-term global supply-chain disruption may well lead to further insolvent casualties that non-contentious restructuring may not be able to save."
British Virgin Islands
Cayman Islands
Guernsey
Hong Kong
Ireland
Jersey
London
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Christian Burns-Di Lauro
Partner
Legal
British Virgin Islands, Jersey
Christian Burns-Di Lauro
Partner
British Virgin Islands, Jersey
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Katrina Edge
Partner
Legal
Jersey
Katrina Edge
Partner
Jersey
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Bruce MacNeil
Partner
Legal
Jersey
Bruce MacNeil
Partner
Jersey
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Mathew Newman
Partner
Legal
Guernsey
Mathew Newman
Partner
Guernsey
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Anthony Oakes
Partner, 合伙人
Legal
Hong Kong
Anthony Oakes
Partner, 合伙人
Hong Kong
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Stephen O'Connor
Partner
Legal
Ireland
Stephen O'Connor
Partner
Ireland
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Oliver Passmore
Partner
Legal
Jersey
Oliver Passmore
Partner
Jersey
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Oliver Payne
Partner 合伙人
Legal
Hong Kong
Oliver Payne
Partner 合伙人
Hong Kong
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Jeremy Snead
Partner
Legal
London, Cayman Islands
Jeremy Snead
Partner
London, Cayman Islands
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Ray Wearmouth
Partner
Legal
British Virgin Islands
Ray Wearmouth
Partner
British Virgin Islands
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