Matthew Torres is a Partner of Hassans and is an integral part of the team that specialises in international cross-border corporate, commercial and tax work. Since joining Hassans in 2010, Matthew has obtained extensive experience and specialises in a variety of corporate, commercial and tax matters that include, but are not limited to, company incorporations, corporate structing and restructurings, repatriation of profits/capital/reserves, equity and debt financing transactions, re-domiciliations in and out of Gibraltar, cross-border mergers, M&A, joint ventures, corporate finance and security, financial assistance, corporate governance and organisation, corporate transaction project management, insolvency work (in particular members’ voluntary solvent liquidations and advising liquidators – which he has advised in nearly 100 cases, many with cross-border aspects) and the use, set up, organisation and dissolutions of Gibraltar Limited Partnerships.
Matthew primarily advises large US and European multi-nationals, venture capital and private equity firms and family offices on a variety of international and transactional matters and is considered by these clients and their professional intermediaries (usually top legal and/or accounting US, UK and EU firms) as an efficient, trustworthy and responsive advisor. Matthew is also acts as a non-executive director for certain of his clients.
Matthew also advises local small businesses on set-up and organisational related matters together with advising on trademark registrations in Gibraltar. He is also the co-founder and current Head of Operations of the Hassans Academy that promotes internal training and teamwork within Hassans.
The following are some notable examples of recent work that Matthew has undertaken:
- Leading, advising and assisting on all the Gibraltar corporate aspects of large corporate restructures and multimillion-dollar (ranging from USD50m to USD1b) indentures and related facilities, securities and corporates of (i) a leading offshore ultra-deep water drilling group; (ii) a large power generation provider; (iii) a LSE listed online gaming group; and (iv) a NASDAQ listed biopharmaceutical company.
- Leading, advising and assisting on the Gibraltar law options (and implementation of steps) on the extraction of equity value from a Gibraltar entity of a listed international packaging business.
- Leading on the Gibraltar aspects of an EU cross border merger into Gibraltar of a Cypriot entity for a listed construction and services company serving the offshore energy industry.
- the establishment of a place of business in Gibraltar for a dual NYSE and LSE listed leading commercial legal finance provider;
- a divestment and optimised repatriation of proceeds of container-ship interests by a leading NYSE listed global alternative investment management firm;
- the repatriation of returns of capital to investors (including UK investors) in circumstances where the form and mechanism of such repatriation was critical to the potential tax treatment of the same in the hands of certain of the recipients (so as to make it plain that it was indeed truly a return of capital and not a distribution, which could otherwise have attracted adverse tax consequences);
- a complex (in lieu of challenges to ultimately reconcile differences between the respective common law and civil law systems) re-domiciliation by way of continuation into Switzerland of a hitherto Gibraltar vehicle (with a net value of circa USD300 million) within a leading, international medical device company; and
- leading on the Gibraltar aspects of transfer of assets (worth a combined amount of circa EUR18b) and liabilities through the group structure for a reputable and large family office.
Education and published works
Matthew initially attained a BA in Business Studies with Honours at the University of Wales Institute, Cardiff and thereafter undertook a Graduate Diploma in Law in Kingston University. Matthew subsequently completed the Bar Vocational Course at the City Law School in London. A member of the Honourable Society of the Middle Temple, Matthew was admitted to the Bar of England & Wales and then to the Gibraltar Bar in 2010.
Matthew has co-authored several articles for diverse legal publications such as Chambers and Partners, The Legal 500, Lexis Nexis and the Centre for International Legal Studies.