John Wasty is Director of AGS Bermuda. He is also Global Co-Head of Dispute Resolution and Head of Bermuda’s Dispute Resolution practice.
In his Bermuda role, John leads the Bermuda Insolvency & Restructuring team and the Regulatory Disputes team. John also leads the Insurance and Reinsurance Disputes practice globally.
He specialises in the areas of commercial litigation, restructuring, insolvency litigation, funds litigation and regulatory matters and has represented clients in a wide variety of commercial disputes in Bermuda, London, the US, Europe and Asia.
John frequently advises on a wide variety of contentious insolvency matters, complex multi-jurisdictional restructurings and all issues arising out of schemes of arrangement. In particular he has experience in Bermuda light touch provisional liquidations accompanying Chapter 11 proceedings in the US. In recent years John has advised on the Noble, Seadrill and C&J restructurings amongst many others.
His complex international and local commercial dispute resolution expertise includes shareholder and joint venture, funds and fund managers, M&A, financial institution, regulatory (particularly Bermuda Monetary Authority, Financial Intelligence Agency and Regulatory Authority of Bermuda) and advisory work. John has extensive experience in a broad range of corporate governance matters. He also regularly advises on sanctions related issues.
He is also frequently involved in major arbitrations in Bermuda and internationally in both commercial and insurance/reinsurance matters.
He advises insurers, reinsurers, policyholders, captives and brokers in disputes in the London Market, the US, Europe and Asia.
In the regulatory sphere, John has an extensive body of experience in dealing with the Bermuda Monetary Authority and the Regulatory Authority of Bermuda in relation to AML/ATF, banking/financial institution, telecommunications, insurance and reinsurance, and fund regulation and enforcement issues including regularly advising Bermuda’s largest companies and their management in connection with On-site Investigations, Warning Notices, Decision Notices and appeals of Bermuda Monetary Authority and Regulatory Authority of Bermuda decisions.
John is consistently recognised by Chambers Global since 2009 and ranked band 1 for Dispute Resolution. He is a well-established litigator who regularly advises clients on insolvency and commercial litigation, as well as debt restructuring and regulatory matters, among others. “He drives cases with considerable brio, tact and knowledge. His ability to achieve the client’s objectives within the legal, practical and procedural demands of large-scale litigation is impressive,” enthused one interviewee.
John is also repeatedly recommended by Legal 500 Caribbean as a ‘Leading Individual’ for his dispute resolution practice where he has been referred to as “one of the best litigators around, providing excellent technical yet business-savvy legal advice and jumping in with both feet to do all he can to support his client’s position,” and recommended for his Insurance and Reinsurance practice for providing “a tremendous level of service, including practical advice that focuses on solving the issues at hand.”
John is identified as a leading commercial litigator and insurance/reinsurance specialist in the Practical Law Company’s Which Lawyer Guide. He is also recognised as a thought leader in the Insurance & Reinsurance chapter of WWL: Thought Leaders – Global Elite 2021. John is also listed as being among the world’s preeminent lawyers in The International Who’s Who of Insolvency and Restructuring Lawyers, The International Who’s Who of Insurance and Reinsurance Lawyers, The International Who’s Who of Asset Recovery and The International Who’s Who of Business Lawyers.
John is a Fellow of the Chartered Institute of Arbitrators. In addition to being admitted in Bermuda, John has also been admitted in New York, England, Hong Kong, Canada and the British Virgin Islands.
Prior to joining Appleby, John practised extensively in both London and Hong Kong with a leading global law firm.