Richard Addlestone has joined Cayman Islands law firm Solomon Harris as a partner in the corporate department.

Mr. Addlestone has 20 years’ experience as a lawyer, having started his career in London, including working for a top-20 ranked firm, before moving to the Cayman Islands in 2001. He joins from Appleby where he was a partner in funds and investment services, specialising in private equity, hedge funds, subscription finance, fund of fund finance, captive insurance and oil and gas work. Prior to Appleby, he was a partner in the private equity group and the insurance group at Walkers.

Mr. Addlestone has extensive experience in corporate and commercial law, offshore investment funds, fund restructuring, finance, mergers and acquisitions, and energy and is recognised in the leading legal directories.

Stuart Rowe also joins the firm as an attorney in its property and banking and finance practice. He was formerly with Eversheds in the UK, where he helped to lead a specialist real estate finance team that worked primarily with global financial institutions and funds.

Managing partner Sophia Harris said, “We are pleased that our firm attracts individuals with the qualities, experience and track records of Richard and Stuart. These appointments to the firm underscore our confidence in the Cayman Islands as a leading international financial centre, of our own strength in this industry and will progress our aggressive plans for the growth of Solomon Harris.”

Solomon Harris is a full service corporate/commercial law firm specialising in international offshore work with recognised expertise in a number of niche areas, including investment funds, captive insurance, capital markets and corporate restructuring/insolvency. The firm has developed a reputation as one of Cayman’s top tier firms for providing effective offshore legal solutions, both promptly and efficiently. The firm continues to be recognised as a top ranking Cayman firm by the leading UK international law firm directories, such as Chambers Global and Legal 500 and is perceived in the market as a more “nimble” alternative to its larger competitors with a complement of very experienced lawyers across all work groups.

Solomon Harris’ reputation has been built on its consistent responsiveness to client needs and its straightforward, commercially focused advice. The firm’s clients include major financial institutions, public and private companies, high net worth individuals, major onshore law firms and accounting firms, including a number of well-recognised names such as Société Générale, Unibanco, Banco Itau, Harcourt and PricewaterhouseCoopers. In addition to providing services directly to clients, the firm has also assisted clients by providing management of legal counsel in other Caribbean jurisdictions.