Rachael Reynolds KC

Global Senior Partner Cayman Islands
Rachael Reynolds
An exceptional litigator whose elevation to silk was both fitting and richly deserved. Despite being Global Senior Partner she remains committed to her cases, hands on, a joy to work with and a first class advocate Legal 500 Caribbean, 2023


Rachael is Global Senior Partner at Ogier, based in the Cayman Islands Dispute Resolution team. She has particular expertise in contentious trust matters, fund disputes and restructuring and insolvency and is a part of Ogier's multi-disciplinary Restructuring and Corporate Recovery team. Her practice regularly involves fraud and international asset tracing claims. Rachael was named Offshore Litigator of the Year at the Citywealth IFC Awards 2020 and Advisor of the Year in the Wealthbriefing European Awards 2020. Rachael is also part of Ogier's multi-disciplinary Private Equity team. She specialises in PE fund disputes, and has acted as an expert in international arbitration proceedings concerning Cayman PE structures. Rachael was appointed QC in August 2021.
  • Background & experience

    Rachael's recent cases include:

    • Acting for the investors and conflict director of Neoma Private Equity Fund IV (formerly APEF IV) in their recovery action arising out of the liquidation of the Abraaj Group. Abraaj was the largest private equity structure in the Middle East, with $14bn in stated assets prior to its collapse. The Group was placed into provisional liquidation in 2018 and went into official liquidation in 2019. Ogier is advising the investors in the largest fund in the Group.
    • Acting for the trustees of a complex multi-billion dollar STAR trust restructuring.
    • Acting for the executor of a large Cayman estate, involving contentious and non-contentious aspects of the administration.
    • Acting for HSBC as trustee in contentious trust proceedings in 3 jurisdictions, including proceedings in Cayman in which the Court handed down an important precedent setting decision concerning forum for administration clauses and gave guidance on the public policy of the Cayman Islands in the context of enforcement of judgments concerning Cayman trusts.
    • Advising the Joint Provisional Liquidators on the restructuring of Ocean Rig - the Cayman Islands' largest ever successful restructuring and one of the largest globally. The restructuring became effective within 6 months of the appointment of the JPLs, and resulted in an exchange by creditors of approximately $3.7 billion of debt for new equity. Rachael provided expert evidence on Cayman law in the associated Chapter 15 proceedings in the US.
    • Acting for the liquidators of Ardent, having represented the petitioning directors in the winding up proceedings. She successfully appeared on behalf of the liquidators in an anti- suit injunction following hostile, incompatible action taken by creditors in another jurisdiction. The case involves Chapter 15 proceedings, asset tracing and fraud claims.
    • Advising investors in relation to the Abraaj Holdings collapse.
    • Acting in a clawback claim against a fund manager for Ennismore Fund Management. Ogier acted for the successful Defendant through to final appeal. The matter was ultimately decided by the UK Privy Council. Ogier is now instructed in relation to ancillary claims relating to an injunction which Ennismore obtained in 2009.
    • Acting for a service provider in proceedings related to the liquidation of the Platinum funds, involving Cayman and Chapter 15 proceedings.
    • Acting for the Executors of estates worth c.75m in issues arising in the administration – including construction dispute, tax issues and disclosure applications.
    • Giving expert evidence on Cayman Islands law in foreign courts and arbitrations.
    • Advice in relation to private equity shareholder and investor disputes.
    • Unfair prejudice and derivative/double-derivative actions.
    • Advice in relation to, and assisting, activist shareholders.
    • Claims against fund service providers including directors, managers, investment advisors, custodians and auditors.

    Rachael joined Ogier in 2007 and became a Partner in 2013. Prior to this, Rachael practised at Clyde & Co. in London and at the English Bar. She received her Bachelor of Arts in Jurisprudence from Oxford University in the United Kingdom in 1998 and completed the Bar Vocational Course at the Inns of Court School of Law, London in 1999.

    She is a contributing author to International Asset Tracing in Insolvency, Oxford University Press, 2010. Rachael is a member of the Cayman Islands Legal Practitioners Association and the Bar of England and Wales.

    Rachael was named Offshore Litigator of the Year at the Citywealth IFC Awards 2020, Advisor of the Year in the Wealthbriefing European Awards 2020 and was named Lawyer of the Year in Litigation at the Citywealth Awards 2022. Rachael took silk in August 2021.

    Admitted in:

    2021 - Inner Bar of the Cayman Islands
    2007 - Cayman Islands
    1999 - England and Wales (non practising)
    Interested in working at Ogier? Find out about our latest vacancies.
  • Recognition

    An exceptional litigator whose elevation to silk was both fitting and richly deserved. Despite being Global Senior Partner she remains committed to her cases, hands on, a joy to work with and a first class advocate Legal 500 Caribbean, 2023
    Having an in-house private client KC in Rachael Reynolds, who sits on the advisory board of the trusts and estates litigation forum, sets the team apart from the crowd Legal 500 Caribbean, 2023
    Rachael Reynolds KC is the best trust litigator in Cayman, and I would always want her on my team Legal 500 Caribbean, 2023
    Rachael Reynolds KC is a superstar – one of the brightest fiduciary litigators in the offshore world Legal 500 Caribbean, 2023
    Leading Individual Legal 500 Caribbean, 2023
    Recommended Legal 500 Caribbean, 2023
    She is not shy of standing up to counsel and discussing a matter through, and making sure that the right judgment is being made in every decision Chambers Global, 2022
    Rachael Reynolds is a first-class thinker with the capacity to understand nuanced case needs. Chambers Global, 2022
    Lawyer of the Year – Litigation Citywealth IFC Awards 2022
    Global Elite Thought Leader Who's Who Legal, Private Client, 2022
    Recommended Who's Who Legal, Asset Recovery, 2022
    Recommended Who's Who Legal, Restructuring and Insolvency, 2022
    A star in the area of international trust litigation Chambers High Net Worth Guide, 2022
    She is excellent to work with, and brings both good sense and astute analysis to the most complex matters Chambers High Net Worth Guide, 2022
    She is exceptional, I think she's the best trusts lawyer on the island Chambers High Net Worth Guide, 2022
    Team of the Year – Litigation Citywealth IFC Awards 2022
    The whole package: she has a first-rate mind; she is utterly committed to her clients and yet remains a real pleasure to work with. Legal 500 Caribbean, 2022
    An exceptional lawyer – always top of the list for Cayman trust matters. Legal 500 Caribbean, 2022
    A fantastic communicator, technically good and a go-to for contentious trust and insolvency work. Legal 500 Caribbean, 2022
    Leading Individual Legal 500 Caribbean, 2022
    She is the doyenne of the Cayman trusts world. Her reputation speaks for itself. She is globally regarded as one of the very best trust litigators. She is very driven and a ferocious litigator. Chambers High Net Worth Guide, 2021
    Recommended Who's Who Legal, Restructuring and Insolvency, 2021
    Highly respected figure in the offshore market for asset recovery matters, particularly for related trust disputes. Who's Who Legal, Asset Recovery, 2021
    Brings a depth of expertise with a logical, sensible and easy-to-follow application. Chambers High Net Worth Guide, 2021
    Notable Practitioner Chambers High Net Worth Guide, 2021
    She is one of the top offshore lawyers and has a marvellous ability to engage with clients and judges. Chambers Global, 2021
    The doyenne of the offshore private client world – simply the best in this hugely competitive area. Legal 500 Caribbean, 2021
    One of the best trust lawyers working in the offshore world. Very clever and knowledgeable but also shrewd and commercial. She will find a practical solution for her client. Legal 500 Caribbean, 2021
    A powerhouse in the Cayman litigation world. I want her on my side! She leads a very competent team. Legal 500 Caribbean, 2021
    Has exceptional knowledge of trust law and how it interconnects with other fields of law, ensuring that not only is she on top of the trust details but is able to put them into a context that can often offer a competitive advantage. Legal 500 Caribbean, 2021
    Fantastic reputation, hugely knowledgeable, very approachable, good tactician. Legal 500 Caribbean, 2021
    Leading Individual Legal 500 Caribbean, 2021
    Private Client Global Elite Legal Week Private Client Global Elite Directory, 2021
    A formidable advocate whose charm belies a penetrating intellect Legal 500 Caribbean, 2020
    Rachael is a real go-getter and very thorough; an excellent litigator who you want with you and not against. She gets the results the clients are looking for. Chambers and Partners, HNW Directory, 2020
    Recommended Who's Who Legal Global Guide - Restructuring & Insolvency, 2020
    Rachael brings clarity and concise understanding to what can be seen as tangled conundrums. Citywealth Leaders List, 2020
    Rachael is a standout lawyer and leader within the Cayman FS space. She’s one of our go-to lawyers and, having worked with her in the U.K. 15+ years ago it’s great to see her rapid and stellar growth underpinning this well-deserved nomination! Citywealth leaders list, 2020
    A very good trusts lawyer. Chambers Global, 2020
    Rachael Reynolds wins high praise as a “real rising star” excelling for her work in contentious trust matters. She has been involved in notable high-profile cases. Who's Who Legal Private Client 2019
    Private Client Global Elite Legal Week Private Client Global Elite Directory, 2019
    Rachael is highly intelligent and technically excellent on trusts and insolvency law, but also very pragmatic and able to see the bigger picture, even in the most difficult and complex of cases Chambers Global, 2019
    Rachael is the complete package: a highly intelligent, thoughtful lawyer whose technical expertise is matched by her ability to adopt a practical, client focused approach to her cases Citywealth Leaders List 2019
    Leading individual Legal 500 Caribbean, 2019
    Rachael is proactive, commercial, always makes herself available and gives solid, well thought out and practical advice Citywealth Leaders List 2019
    Rachael just seems to orchestrate everything very smoothly Client Feedback, 2019
    She has an excellent brain, and is very commercial and client-focused. Chambers and Partners HNW Directory, 2018
    Fantastic lawyer and well placed to provide excellent legal advice in the litigation arena... a stellar advocate Legal 500 Caribbean, 2018
    incredibly highly thought of by market commentators for her first-rate expertise handling international asset tracing and fraud matters. Who's Who Legal Asset Recovery, 2018
    A strong all-round lawyer who is involved in a wide variety of different disputes. She can hold her own in all these types of cases. Chambers Global, 2018
    She understands the commercial imperative Client Feedback
    Especially knowledgeable about contentious trust matters, fund disputes and restructuring Who's Who Legal Private Client, 2017
    Well-known litigator with a very good reputation Who's Who Legal Private Client, 2017
    Rachael is a delight to work with, not just because she is extremely clever and always completely on top of the facts and documents in the case, but because she understands the dynamic of the members of the team that she puts together, and knows how to get the best out of all of them. Citywealth Leaders List 2017
    Leading Individual Legal 500 Caribbean, 2018
    A leading practitioner in the trusts and private client world Legal Week, Private Client Global Elite 2017
    She is tough as well as being technically excellent. She knows how to judge her audience; she can turn on the charm when needed, but pulls no punches when the situation requires it. Citywealth Leaders List, 2017
    A real powerhouse; she is intellectually first class and has a keen eye for detail combined with a highly developed commercial instinct Legal 500 Caribbean, 2017
    Excellent technical knowledge, communication skills and commercial awareness Chambers Global, 2017
    She is very bright and can take in an awful lot of information in a short period of time, understand it, summarise it and give us advice Client Feedback
    Exceptional lawyer Who's Who Legal Private Client and Trusts: 2016
    She is a details person but never loses sight of the broader objective. Chambers Global, 2016
    Highly recommend.... I was so amazed with Rachael Reynolds. Client Feedback, 2016
    Gains recognition for the "unrivalled service" she offers clients Who's Who Legal: Private Client, 2015
    Outstanding litigator and she is very user friendly. Legal 500, 2015
    Rachael Reynolds takes a very hands-on approach and provides sound commercial legal advice. Legal 500, 2015
    Rachael Reynolds continues to earn praise from the market for her contributions to the litigation field. In addition to an active restructuring and insolvency practice, she advises on a significant number of international trust disputes. Chambers Global, 2014
    Solid and a very good technical lawyer. Chambers Global, 2013
    Easy to work with and provides a consistently high quality of service Legal 500, 2012
    Widely praised Legal 500, 2011
    Rachael is dynamic, very clever, proactive and provides a very good service. She is very friendly and easy to work with. Client Feedback