Hilary Reid joined MFG in 1997 and is a Partner in the firm’s Commercial Department. She was admitted to practice at the Jamaican Bar in 1997, to the Eastern Caribbean Bar (British Virgin Islands) in 2002 and to the Barbadian Bar in 2022. Hilary practices commercial and corporate law with particular emphasis on local and cross-border mergers and acquisitions, exempt distributions and other forms of corporate and structured financing, insolvency law, securities law and regulation, energy and telecommunications. She was also intricately involved in the drafting of Jamaica’s Insolvency Act.
Results
Margaritaville Caribbean Group Limited and its subsidiaries
Team Leader
Advised and represented the companies in several corporate financing transactions
Trinidad and Tobago Unit Trust Corporation
Team Leader
Assisted the company in having its related entity registered as an investment advisor in Jamaica and establishing its joint venture arrangements with GK Capital Management Limited for the distribution of mutual funds in Jamaica.
Playa Hotels & Resorts B.V.
Team Leader
Advised and represented the company in the acquisition and disposal of various hotels in Jamaica.
Grace Kennedy Financial Group Limited
Team Leader
Represented the company in its acquisition of the shares in Scotia Insurance Eastern Caribbean Limited from Scotia Insurance Company Limited
Goodwill Gaming Enterprise Limited and Summit Betting Company Limited
Team Leader
Advised majority shareholder in relation to the acquisition of shares in the companies and provided regulatory advice to obtain regulatory approval to commence lottery operations
CWC Cala Holdings Limited – Takeover Offer
Team Leader
Assisted CWC Cala Holdings Limited in its takeover offer for the shares in Cable & Wireless Jamaica Limited
Cable & Wireless Jamaica Limited – Scheme of Arrangement
Team Leader
Advised and represented the company in the scheme of arrangement proposed to shareholders
A major energy infrastructure company and its subsidiaries in Jamaica
Team Leader
Advised the company and its subsidiaries in Jamaica with respect to various corporate financing and other corporate law matters
Community
Guardian General Insurance Jamaica Limited
Director
Coverdale Trust Services Limited and its related subsidiaries,
Director
NCB Insurance Agency & Fund Managers Limited
Director
General Legal Council
Member
Jamaican Bar Association Commercial Law Sub-Committee
Chair
Jambar Holdings Limited
Director
Legislation Committee of the Board of Jamaica International Financial Services Authority
Member
Insolvency, Bankruptcy and Restructuring Practice Group of Lex Mundi
Regional Vice-chair (Latin America & Caribbean)
Credentials
2013
Society of Trust and Estate Practitioners (STEP), Full Member (TEP)
1997
Legal Education Certificate, Norman Manley Law School
1995
Bachelor of Laws (Second Class Honours), University of the West Indies
Recognition
Highly Regarded IN Banking and Finance, M&A
IFLR 1000: View Hilary’s Profile
Band 2 – General Business Law (Jamaica)
Chambers Global : View Hilary’s Profile
Chambers Global 2022
Hilary Reid is a well-regarded lawyer in Kingston with notable strengths in capital markets, insolvency and securities. She is particularly respected for her work as transactional counsel. “She is outstanding; she probably is one of the best local counsel I have worked with in recent years.”
Chambers Global 2021
Hilary Reid is a well-regarded practitioner with notable strengths in capital markets, insolvency and securities. One client praised her quality of service, stating: “She provides sound business advice, she is always available for us and she is willing to accommodate our schedule.”
