Hassans

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The 'very competent and experienced team' at Hassans is 'at the heart of Gibraltar’s funds industry' and is experienced in all types of structures, including protected cell companies, limited partnerships and private funds. James Lasry is 'the doyen of funds law' and one of the foremost specialists in the market. Fellow partner Aaron Payas is another 'dominant figure in the industry'. Associate Jeremy Requena is experienced in structuring both private and experienced investor funds including crypto funds, private equity funds and property funds.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Aaron Payas is extemely knowledgable and helped us to navigate the regulatory requirements quickly and efficently.’

  • ‘James Lasry is probably the one person who can make everything happen! ’

  • ‘Strength in depth. A meritocracy with international respect.’

  • ‘James Lasry is the doyen of funds law in Gibraltar and the go-to lawyer for the best legal advice in this sector. Vastly experienced across a wide range of jurisdictions and instrumental in the development of Gibraltar's funds regime. He is particularly client focused, commercially minded, and always focused on solutions. One of the brightest people you will meet and a stellar performer.’

  • ‘This practice is blessed to have a series of highly professional individuals of the highest calibre who always collaborate and guide with a personalised service for their clients.’

  • ‘Knowledgeable, supportive, collegiate, professional - stand-out partners are James Lasry and Aaron Payas.’

  • ‘Very competent and experienced team, who are at the heart of Gibraltar’s funds industry. They are unusually entrepreneurial and creative and can find pragmatic solutions to problems.’

  • ‘James Lasry is a particularly ethical and thoughtful partner with deep experience in the funds sector.’

Key clients

  • Turicum Private Bank
  • Argon Financial Limited
  • Patron Capital Gibraltar
  • Kleinwort Hambros
  • Burren Capital
  • Granite MSA Ltd
  • Linkbay Limited
  • Pembroke Partnership Limited
  • GAM BSD Limited
  • Hyperion Wealth Management Limited
  • Hyperion Group Limited
  • Ribera Capital Limited
  • RYSE Asset Management
  • BlueRock Advisory Limited
  • Anthony Jimenez & Co Limited
  • Covalis Capital LP
  • GY Ventures
  • Albany Capital
  • Panther Capital
  • Juno Fund Administration Limited
  • Mingo Technologies Limited
  • INX Limited
  • Alvento Capital Partners LLP
  • Thameside Markets Limited
  • Stellar Partners Limited
  • Polar Capital Funds plc
  • Digital Asset Management Limited
  • Valereum Blockchain Plc
  • PKAM Fund PCC Limited
  • Node Capital Token Opportunity Fund LP
  • Pattrn Capital Fund PC
  • Atlas Fund PCC Limited
  • Dechert LLP
  • Ancyra Digital Asset Private Fund LP
  • Belobaba Fund PCC Limited
  • Xnumia EIF PCC
  • In Silico Fund
  • AquaNow Fund
  • Cointelligence Fund
  • Aureus Fund
  • Cole Capital Fund
  • Alphabeth Fund
  • Sigil Fund
  • Bright Oryzon Fund
  • Alpha Adventures Fund
  • FQR Fund
  • Castle Rock Limited

Lawyers

Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Jeremy Requena
Jeremy is an Associate in the Financial Services Department. He specialises in FinTech, Investment Funds and Construction. He regularly advises on the structuring and drafting of legal documents for virtual asset service providers (VASPs), the regulatory treatment of utility tokens, NFTs and the tokenisation of assets and licensing requirements of activities in the space, including DLT Licences, VASP registrations, e-money and electronic payment services licences. Jeremy has worked on the creation of bespoke development and support vehicles for DAOs and advised on the legal status of DAOs, Web3 and metaverse projects, having advised on the establishment of Gibraltar’s first Crypto Foundations. He has worked on the structuring and launch of a range of both private and experienced investor funds including crypto funds, private equity funds, and property funds, often also providing ongoing legal and regulatory advice. His background in construction has allowed him to advise clients on disputes, Development and Planning Commission applications, contracts, and financing arrangements. Jeremy is trained in construction contracts and processes and continually advises clients on their ongoing projects and administers project contracts.  
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
James Lasry
James is a Partner, Head of the Funds Team and Deputy Head of the firm’s Financial Services team. He deals with funds and with regulation of financial services law and blockchain businesses. James is a highly regarded practitioner who has been instrumental in setting up the majority of Gibraltar’s funds, including the first experienced investor fund, the first protected cell company fund. Most recently he has been involved in launching Gibraltar‘s first protected cell limited partnership fund. James, who is qualified as a certified investment fund director, serves on the board of several investment funds and financial services firms. He has received regulatory approval to serve on the board of the Gibraltar Stock Exchange. James is Chairman of the Gibraltar Funds and Investments Association and he serves on the Gibraltar Finance Centre Council. James advised the Government of Gibraltar on its funds legislation and was involved in the drafting of the much of Gibraltar’s funds legislation.  A member of the Society of Trust and Estate Practitioners, James advised on a substantial trust in a case involving litigation in Paris, New York and Buenos Aires that was featured in the ‘New Yorker’ magazine, the ‘New York Law Journal’ and on CBS News. He is fluent in English, French, Spanish and Hebrew and he read literature, music and law at Johns Hopkins and Bar-Ilan Universities. James is a member of the Israel Bar Association, the Law Society of England & Wales and the Gibraltar Bar. He has been appointed Patron of the Gibraltar Philharmonic Society after having chaired the society for 14 years.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Aaron Payas
🙋🏻‍♂️ Web3 & Funds lawyer. BAYC #3338. Chartered Financial Analyst (CFA) charterholder. Degree in Mathematics. 🎯  Leading a team which helps clients build in Web3. 📚 Self-motivated, goal oriented and client-focused. Biggest attribute is an endless pursuit of self-improvement through multi-disciplinary studies. 👨🏻‍💻 Connecting the dots to bring disruptive Web3 closer to the mainstream with every matter, Aaron is focused on helping projects build with solid legal and regulatory foundations. Aaron’s practice enables his clients to leverage all the advantages Gibraltar offers as a proof-of-concept jurisdiction for crypto projects. Marrying a traditional practice in financial services with industry-leading work, Aaron has been instrumental in many clients’ achievements in the challenging DLT space. 🔍 Focus: Web3, NFTs, metaverse, crypto funds, crypto foundations, token sales, DAOs, DLT licences, VASPs & tokenisation of assets. 🏆 Recent practice highlight: In a landmark achievement for INX, a Gibraltar-based token issuer, Aaron assisted in INX’s successful application to the SEC in the US for the first SEC-approved security token. Aaron described the listing at the time by saying: “It is a matter of some pride for Hassans, INX and for Gibraltar that the first security token offering approved by the SEC for distribution to the US public isn’t even a US entity – it is a Gibraltar company, constituted and operating under the Laws of Gibraltar. This is an excellent development for the jurisdiction, the efforts of which in the DLT and wider fintech space are being validated by the successful filing of the INX security token.” 📜 Aaron is ranked as a leading fintech and funds lawyer by Legal 500 and Chambers & Partners. 🎤 Available for speaking engagements. Aaron regularly presents at seminars, and is a published author, on crypto funds, crypto foundations, VASPs, DLT licences, sports law and cannabis. 🐦 Twitter: @aaronpayas 🖼 ENS: AaronPYS.eth www.linkedin.com/in/aaronpayas/ 🎥 If you would like to schedule an initial Zoom call with Aaron, please click the link: www.calendly.com/AaronPYS

Practice head

The lawyer(s) leading their teams.

James Lasry

Other key lawyers

Aaron Payas, Jeremy Requena