CAYMAN ISLANDS Law and Practice Contributed by: Norman Klein and Adam Johnson, Appleby
Appleby is a leading offshore law firm with close to 500 people, including 60 partners, op - erating from ten offices around the globe. The Cayman Islands real estate practice consists of seven experienced professionals who advise clients on all areas of commercial and residen - tial property, including acquisitions and dis - posals, development, leasing and finance. The team acts for a range of high-profile clients and leading players in the market, including financial institutions, developers, hoteliers, government
agencies and private investors. Appleby has been involved in many of the most significant transactions in the Cayman Islands, including continual representation of the leading banks in the Cayman Islands with respect to property financing transactions, acting on the develop - ment, financing, purchase and/or sale of almost every large resort project in the jurisdiction, and revolutionising mixed-use development pro - jects with its unique approach to volumetric title structuring.
Authors
Norman Klein is the managing partner and group head of Appleby’s property team in the Cayman Islands. His practice includes property development, commercial acquisitions and
Adam Johnson is a partner in the corporate and property practice groups at Appleby. He
has a wealth of experience across multiple disciplines, including all aspects of commercial and residential real estate acquisition, finance, development, leasing and disposal; corporate banking; project finance; M&A; outsourcing; and other major commercial transactions. Adam has built a strong reputation for advising on investment into and within the Cayman Islands, and in 2019 notably created the first volumetric title structure in the jurisdiction. He is a member of the Law Society of England and Wales and the Cayman Islands Law Society, and leads the real estate module of the Truman Bodden Law School Professional Practice Course.
dispositions, financing transactions, and commercial and retail leasing. He has particular expertise in the areas of hotel, condominium and commercial development, financing and restructuring for local and international clients. Over the past 25 years, Norman has acted for the developer, lender, seller or purchaser of every significant hotel/resort property in the Cayman Islands, and has advised on many of the most significant development projects.
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