Chambers of Penelope Reed

Praised as an ‘elite set’ in the offshore world, 5 Stone Buildings is a notable set for traditional Chancery, with the depth of members’ expertise ranging from contentious trusts and probate to family provision claims. Shan Warnock-Smith KC handles major trust and estate cases throughout the Cayman Islands, the BVI and Bermuda. One such recent case included Re Z Trusts, in which Warnock-Smith KC represented the appellant in the Privy Council on a major appeal from Jersey which involved novel questions of law regarding a trustee’s indemnity against reasonable costs and expenses. Penelope Reed KC is noted for her extensive offshore expertise in trusts, wills, probate and related tax issues whilst also seeing involvement in high-profile offshore commercial litigation. Of the juniors, ’excellent advocate’ and ‘real fighter’ Matthew Paton  is well-versed in high-value offshore litigation involving contentious and non-contentious trust and probate matters.