APPLEBY has brought together seven of its British Virgin Islands (BVI) qualified lawyers to make up an Isle of Man legal team that can provide BVI legal services.
Five of the seven are partners in the firm and the team comprises of six corporate lawyers and one private client lawyer who specialises in trust work.
The Isle of Man team will provide a range of legal, corporate, trust, and administration and management services in a GMT time zone.
Nick Verardi, the local group head of corporate and commercial and partner of Appleby, said: "This is a significant addition to our service offering to both international and domestic clients.
"Appleby is already unique in its ability to provide clients with advice in all three Crown Dependencies - now with the added expertise of our BVI qualified legal team we can offer BVI legal advice in a European time zone.
"Importantly with the expertise of our knowledge management team and our physical presence in the BVI we are able to ensure our advice is up to date and consistent with current BVI practice."
According to Appleby the widespread use of BVI companies, either as holding or trading companies, has lead to an increasing requirement for BVI legal advice and services around the globe.
Appleby (Isle of Man) LLC is the only Isle of Man based law firm to specialise in this area.
For more information about Appleby click here.
Picture caption: L-R: Back row -John Rimmer, Nick Verardi, Tom Brook, John Melia. Front row - Kyle Sutherland, Faye Moffett and Simon Cain