Jeremy Durston

Counsel
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Jeremy Durston - Senior Associate, Campbells Grand Cayman - Commercial Law
"Praised for his ‘pragmatic and extremely professional‘ approach, counsel Jeremy Durston specialises in regulatory action challenges, ranging from warning notices to administrative fines." - Legal 500
“Campbells has developed the reputation for not being intimidated by regulatory bodies — no matter how powerful or well-resourced.” - Legal 500
"Jeremy Durston provides first-class and timely responses to his clients, and offers a range of solutions to the issues at hand. Very pragmatic and always extremely professional." - Legal 500

Overview

Jeremy is counsel in our Litigation, Insolvency & Restructuring Group where he has gained particular expertise in regulatory matters (including administrative fines), cross-jurisdictional treaty requests, and white collar fraud (including internet based or “Cyber-Fraud”).

Jeremy also has expertise in directors’ duties (including statutory and fiduciary) as well as insolvency matters such as advising liquidators on a wide range of issues faced during liquidation proceedings. He joined Campbells in 2014 and prior to that he practiced at a leading set of Chambers at the Bar in England.

Expertise

  • Regulatory and Compliance
  • Directors’ Duties
  • White Collar Fraud
  • Commercial Litigation
  • Insolvency

Work Highlights

Notable recent instructions include:

  • Acting for one of the largest Cayman Islands corporate services providers challenging a multi-million dollar fine imposed by the regulator for breaches of the Anti-Money Laundering Regulations. This is the first case in which the Court will consider the administrative fines regime in the Cayman Islands and will be precedent setting providing much needed guidance to the industry.
  • Acting for a large international captive insurance company with respect to a cross-border treaty request from a major regulator seeking the production of hundreds of thousands of documents containing confidential client information resulting in a successful challenge on judicial review grounds.
  • Advising independent directors in relation to various matters including: i) the collapse of complex fund structures including redemption related issues; ii) statutory and fiduciary duties in insolvency scenarios; iii) the appointment of Controllers or Examiners; iv) potential liability with respect to fraud perpetrated by third parties; v) indemnities; vi) cooperation with local and international regulators as well as liquidators.
  • Acting for the first known shareholder appeal against a Cayman Islands regulator’s decision to declare him unfit to hold shares in a regulated entity.
  • Advising a large Kuwaiti investment manager in relation to expert advice on Cayman Islands law pertaining to several multi-million dollar transactions entered into by a Cayman Islands exempted limited partnership.
  • Various instructions relating to Freedom of Information Requests and Beneficial Ownership Register issues and fines.

Qualifications and Admissions

Jeremy studied commerce in Canada and law the United Kingdom and the Cayman Islands before being admitted to the Bar of England and Wales in 2008. He then worked out of a leading set of Chambers in England. During his time in the UK Jeremy obtained extensive advocacy experience in the first instance and appellate courts relating to all manner of cases including commercial disputes, white-collar crime and fraud.

  • Barrister, Eastern Caribbean Supreme Court (Virgin Islands), 2020 (practising)
  • Attorney at Law, Cayman Islands 2014 (practising)
  • Bar of England and Wales, 2008 (non-practicing)
  • BPP Law School, Bar Vocational Course, 2008
  • University of Liverpool, LLB (Hons) First Class, 2007
  • Royal Roads University, BComm Entrepreneurial Management, 2003

Prior Career History

  • Barrister, Exchange Chambers, Liverpool, UK

Professional Associations

  • Restructuring and Insolvency Specialists Association (RISA), Cayman Islands
  • Professional Practice Course lecturer – Truman Bodden Law School, 2015 to 2018
  • The Honourable Society of the Inner Temple

Publications and News

Articles