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Harneys promotes 3 new British Virgin Islands partners

9 January 2018

Harneys is pleased to announce the promotions of three new partners in its British Virgin Islands office.

Jonathan Addo, Peter Ferrer and Michelle Frett-Mathavious took up their new roles on 1 January 2018. Jonathan and Peter are members of the firm’s Litigation and Restructuring practice; Michelle practices in the Banking and Finance group.

The promotions bring to 15 the number of partners in Harneys’ British Virgin Islands office, further strengthening the firm’s important place in the jurisdiction.

Colin Riegels, Managing Partner of Harneys’ BVI office, said: “Jonathan, Peter and Michelle have each consistently demonstrated outstanding legal capabilities and unwavering commitment to delivering service which exceeds clients’ expectations. At Harneys we recognise and reward hard work and I take this opportunity to congratulate our newest partners on their well-deserved promotions, and to wish them well on the next stage of their careers.

The three new partners have 48 years combined post-qualification experience, more than half of which is in the British Virgin Islands.

Jonathan specialises in international commercial litigation; company law with a particular expertise in funds-related litigation; shareholder disputes; unfair prejudice claims; fraud; asset recovery, insolvency and restructuring. He has practised offshore since 2012 when he joined Harneys from the English Bar (Chambers of David Josse QC) having previously worked at Goldman Sachs in London. Jonathan is recognised in leading directories for his expertise in the areas of asset tracing, recovery and insolvency.

Peter practiced for 17 years at the Commercial Bar in London before joining Harneys and moving offshore in 2016. Peter was heavily involved in the US$1.6 billion Pacific Andes restructuring dispute acting on behalf of the liquidators of various BVI entities alleged to be involved in a trade finance fraud. He has particular experience in relation to enforcement of foreign judgements and arbitration awards often involving tracing actions in multiple jurisdictions. 

Michelle joined Harneys in 2002 and has 17 years of experience advising onshore law firms, banks and other financial institutions on finance and corporate matters related to BVI and Anguilla law. Michelle regularly advises in relation to syndicated finance, structured debt, asset finance, bond and note issuances, project finance, property finance transactions, insolvency, receivership and Islamic finance.

The promotions are a strong indicator of the depth of the BVI-based Litigation and Insolvency team. Andrew Thorp, Head of BVI Litigation and Insolvency, said: “Jonathan and Peter are standout, tenacious advocates who bring considerable depth and expertise to the partnership.

The promotions are further evidence of Harneys’ continued commitment to BVI and the firm’s determination to help the islands return to normality following the damage caused by Hurricane Irma in 2017.

Colin Riegels said: “It has been a very challenging year for the BVI, but it is a fantastic testament to Michelle, Peter and Jonathan – and to the Harneys BVI office as a whole – that despite the adversity their commitment, ability and professionalism shone through.

Harneys was established in 1960 in Road Town, British Virgin Islands. Over more than 55 years the firm has set the standard for legal services in the BVI while expanding to offer a full range of offshore legal and fiduciary services, from more than 12 locations around the world.