Jeremy Durston

Counsel
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Jeremy Durston - Senior Associate, Campbells Grand Cayman - Commercial Law
"Jeremy Durston is standout - he has exceptional technical knowledge in this area, and has a good instinct for the points that are worth running." - Legal 500, 2025
"Jeremy Durston is thoughtful, smart and unflappable. He has a robust working knowledge of the industry, and is extremely pragmatic and commercial in his approach. We have used Jeremy for many years in respect of both regulatory and some significant litigation matters and we have always been very impressed with his approach and the results." - Legal 500, 2024
"In the regulatory and compliance function we typically work with Jeremy Durston and James Austin-Smith. Both are responsive, helpful and a pleasure to work with." - Legal 500, 2024
"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

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 setting a precedent, 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.
  • 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 corporate service provider and local service providers in respect of successful appeals against six figure fines imposed by the Registrar of Companies for alleged breaches of the beneficial ownership regime.
  • Advising local fund administrators and investment advisors in respect of successful appeals against fines imposed by the Department for International Tax Cooperation for alleged breaches of the CRS reporting scheme.
  • Advising a large insurance company with respect to Cayman Islands expert advice in defending an eight figure claim made by an insured.
  • Various instructions relating to Freedom of Information Requests.
  • Various instructions relating to on-site inspections and reports issued by the Cayman Islands Monetary Authority.
  • Advising independent directors in relation to various matters including: i) the collapse of complex fund structures and 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.

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