Leading Associates

Firms To Watch: Dispute resolution

Restructuring and insolvency expert Adam Crane is the key name at Baker & Partners (Cayman) Limited, which has experience handling property litigation, trusts and employment disputes.

Dispute resolution in Cayman Islands

Walkers

Standing out for its 'impressive strength in depth', Walkers' team in dispute resolution is a go-to for asset recovery, restructuring and insolvency matters of the highest complexity in the jurisdiction. The Grand Cayman office is a key part of the firm's wider international dispute resolution offering, which makes it a strong choice for cross-border cases. As well as having acted in major newsworthy company collapses such as Saad and Abraaj, the team is also adept in other areas of dispute resolution, having acted in standout property litigation cases, as well as grants of injunctive relief. The practice group is overseen by Neil Lupton, one of the jurisdictions foremost cross-border restructuring experts; and Matthew Goucke, who excels in corporate recovery matters. 'One of the brightest minds in the Cayman Islands' Shelley White has extensive experience in complex litigation, trust disputes, and insolvency and restructuring cases, and Rupert Bell maintains a stellar practice in cases stemming from a variety of company collapses. Nick Dunne has a particular focus on fraud and asset recovery, while for cross-border restructurings implemented by way of schemes of arrangement, Fiona MacAdam is a standout contact. Siobhan Sheridan is another example of the team's strength in depth, excelling in cross-border contentious and non-contentious restructuring of Cayman Islands companies and partnerships.

Les références

‘I have worked extensively with Nick Dunne on a very high value and complex cross-border fraud matter over the last 18 months. Nick is a technically excellent, strategically astute and commercially savvy lawyer. He is also extremely personable and responsive – a pleasure to work with.’

‘Walkers has impressive strength in depth. The suite of partners will have you covered at every juncture of litigation. A go-to firm for complex dispute resolution and insolvency matters. The experience of the team, coupled with their personability and intellect, always mean they are in the conversation when we have new legal work.’

‘Shelley White is one of the brightest minds in the Cayman Islands. She is a pleasure to work with and her speed of thought is frightening at times. I know I am in capable hands, and nothing will be missed, when she is leading an engagement.’

Principaux dossiers


Appleby

Appleby is counsel of choice to a number of blue-chip clients looking for Cayman Islands representation in sensitive and high-value disputes. The team regularly covers contentious matters across fraud, insolvency, professional liability, funds and cryptocurrencies. Spearheading the practice is Sebastian Said, ‘an excellent advocate and disputes lawyer‘ admired for his strong insolvency advice. In November 2023 the firm recruited Alan Bercow to the team from Stephenson Harwood. He adds expertise in fraud and asset recovery matters. Further key contacts include David Lee, who has niche strength in winding-up proceedings for investment funds, and Andrew Jackson, who regularly acts as sole advocate in commercial proceedings. The team did lose Ulrich Payne, who returned to the UK in November 2023, and Tony Heaver-Wren, who retired in December 2023.

Responsables de la pratique:

Sebastian Said


Les références

‘They are a very savvy, thoughtful and well-regarded disputes team.’

‘Sebastian Said is an excellent advocate and disputes lawyer, with particularly deep experience in the insolvency context.’

‘A top class team very experienced in high value offshore litigation.’

Principaux clients

China National Building Material Co Ltd


The Joint Liquidators of City Credit Asset Management


The Liquidators of China Metal Holdings Ltd


Dart – Cayman Shores Development Ltd and Palm Sunshine Ltd


Apex Prospect Limited


The Joint Liquidators of Global Fidelity Bank


The Joint Liquidators of Orca and Marsh Wall, and the Joint Trustees in Bankruptcy of Ramesh Dusoruth


The Joint Liquidators of Ardent Maritime UK Limited


Principaux dossiers


  • Representing CNBM in Cayman winding up proceedings in respect of the China Shanshui Cement Group Limited (China Shanshui).
  • Acting for Kroll as joint official liquidators of City Credit Cayman in Cayman insolvency proceedings.
  • Acting for Apex, a Hong Kong-based private investment firm, in a shareholder dispute about its $40m investment in YS Biopharma.

Campbells

Campbells makes for a robust choice of counsel in any liquidations and related disputes, being well versed in cross-border matters. The practice also covers investment fund litigation, shareholder disputes and Ponzi scheme lawsuits, and winding up petitions. The firm has dispute resolution as a cornerstone practice area and the department is led by Guy Manning, an experienced name across insolvency and restructuring. 'Brilliant litigator' Mark Goodman is also a key name, and Liam Faulkner has been a regular attorney at the Grand Court of the Cayman Islands in recent years. One client singles out Paul Kennedy as a 'respected thought leader in the field of insolvency and asset recovery', while in both international arbitration and commercial litigation, Andrew Pullinger remains a contact to note. For just and equitable winding up cases, Guy Cowan stands out, and both Nienke Lillington and Harry Shaw encapsulate the strength in depth of the office in this area.

Responsables de la pratique:

Guy Manning


Autres avocats clés:

Mark Goodman; Andrew Pullinger; Paul Kennedy; Harry Shaw; Nienke Lillington


Les références

‘Mark Goodman is a brilliant litigator in the contentious insolvency space.’

‘Andrew Pullinger is a talented litigator with considerable experience as a commercial practitioner.’

‘Campbells is one of the leading offshore firms, with a great disputes practice. They are at the cutting edge of developments in the law in this area.’

Principaux clients

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Alexander Lawson, Christopher Kennedy of Alvarez & Marsal


David Holukoff and Mark Byers of Grant Thornton


Maso Capital


HSBC Securities Services (Luxembourg) SA


Gold Dragon Worldwide Asset Management Limited


Margot MacInnis and John Royle of Grant Thornton


Andrew Childe and Michael Pearson of FFP Limited


Ad Hoc Group of holders of notes issued by Cazoo Group Limited


Adrian Steckel, Uphold Holdings LLC


Anna Silver of FFP


Graham Robinson (of Crowe Cayman Ltd)


Carrefour Nederland B.V.


Pioneer Merger Corp. and VPC Impact Acquisition Holdings II


BPGIC Holdings ltd.


Wellspring Capital Group, Inc and KGL Investment Company Asia


JenCap Helmet and DCM Ventures China Fund


David Munoz


Daventree Trustees Limited


Majestic Sports Limited


Principaux dossiers


  • Acted for noteholders of Farfetch on the appointment of independent JOLs, in order to investigate Farfetch’s collapse and realise assets for distribution to its creditors.
  • Acting for a group of dissenters in the 58.com litigation.
  • Acting for Gold Dragon in a $1.3bn claim against it and its shareholder Lau Chun Shun, by Seahawk China Dynamic Fund.

Carey Olsen

Carey Olsen is a well regarded name across insolvency and related dispute resolution globally, its Cayman office playing a key role in multi-jurisdictional matters, often working closely with the firm’s substantial teams of litigators in Singapore and Hong Kong. Matters routinely handled by the practice include big ticket liquidations, trust and estate disputes, fraud claims, and a range of commercial litigation. Sam Dawson leads the team and is described by one client as a ‘disarming litigator‘. He is particularly strong in financial services cases. ‘Excellent lawyerDenis Olarou is another client favourite, and Peter Sherwood remains a go-to contact for insolvencies. The ‘extremely knowledgeable and experiencedBernadette Carey is a further name to note, while support on financial services disputes comes from Nigel Smith.

Responsables de la pratique:

Sam Dawson


Autres avocats clés:

Peter Sherwood; Denis Olarou; Bernadette Carey; Nigel Smith


Les références

‘Sam Dawson and Denis Olarou are both first rate.’

‘They go above and beyond. Denis Olarou was incredible. He was super helpful and managed to keep the practice affordable.’

‘The top of the team is very high quality. Sam Dawson, Peter Sherwood and Denis Olaru are all fine litigators.’

Principaux clients

The Joint Official Liquidators of Abraaj Holdings (PwC)


China Shanshui Cement Group Limited


Dissenters of New Frontier Health


The Joint Official Liquidators of World Properties Limited (FTI Consulting)


Dissenting shareholders in 58.com Inc.


Kroll as the Joint Official Liquidators (JOLs) of Principal Investment Fund I Limited, Global Fixed Income Fund I Limited and Long View II Limited


Babel Holding Limited


VPC Impact Acquisition Holdings Sponsor II, LLC (“VPC Impact Sponsor”) and others


A group of companies


POA Networks Ltd


Principaux dossiers


  • Acted for the joint official liquidators of Abraaj Holdings in “clawback” claims against two of the private equity funds that were formerly managed by the Abraaj group.
  • Representing China Shanshui in the just and equitable winding up proceedings in the Grand Court of the Cayman Islands.
  • Advising dissenters of New Frontier Health in determining share value.

Conyers

Conyers‘ ‘excellent dispute resolution team in the Cayman Islands‘ remains a strong choice for a plethora of high-value and cross-border disputes, including the range of insolvency and restructuring matters, but also encompassing regulatory, fintech and employment disputes. Jointly leading the team are Erik Bodden, whose recent work has included notable cases before the Privy Council, Cayman Islands Court of Appeal and the Grand Court; and Jonathon Milne, frequent counsel to clients in high-value liquidations. Spencer Vickers is a more junior partner to note, while Alecia Johns is recommended as ‘a very talented lawyer, with very strong academic, legal and technical skills‘.

Responsables de la pratique:

Erik Bodden; Jonathon Milne


Autres avocats clés:

Spencer Vickers; Alecia Johns


Les références

‘Conyers have an excellent dispute resolution team in the Cayman Islands. The team is also increasingly diverse, and willing to embrace modern working practices.’

‘The team has deep knowledge and experience of Cayman Islands law and legal procedure, which is complemented by a deep knowledge of the laws of many other jurisdictions, including Bermuda, the BVI, Hong Kong, Singapore, England and Wales, Canada, Australia, New Zealand, Jamaica and elsewhere. The team also has extensive commercial and industry experience, and is well versed in all of the financial services and products for which the Cayman Islands are known, including private equity funds, hedge funds, insurance and reinsurance, corporate holding structures, partnerships, banking, and trusts. The team also has a strong track record of working on complex bankruptcies, liquidations, and restructurings, both domestically and internationally in cross-border cases.’

‘Jonathon Milne is extremely diligent, hard-working and professional, and he is always willing to go the extra mile in preparing and presenting a case to the highest professional standard. His client care skills are also second to none.’

Principaux clients

Access Industries Holdings LLC and AI Autoparts LLC


LedgerScore Pte Ltd, Earn Guild Pte Ltd, and LS Litigation Holdings LLC


Minsheng Vocational Education Company Limited


Augusta Health Care, Inc


Cineworld Group


The limited partners of Rothenberg Ventures 2016 Fund-A LP and Rothenberg Ventures 2016 Feeder Fund LP


Changyou.com Limited


Joint official liquidators of Blue Water Limited and Amida Group Holdings


Kingkey Financial International (Holdings) Limited


John Royle and Sandipan Bhowmik of Grant Thornton Specialist (Cayman) Services Limited


Fang Holdings Limited


Executive Chairman of Scully Royalty Ltd.


XDB Foundation


Spectra SPC/Ayers Alliance Financial Group Limited


China Index Holdings Limited


Chu Tin Hang (Tyler Chu)


Yu Jiang


RBH Holdings


Principaux dossiers


  • Represented three creditors of AuBit International in a restructuring officer petition and subsequent liquidation petition.
  • Acted for two US shareholders of HQP Corporation, after joint provisional liquidators were appointed in the Cayman Islands in July 2021 to investigate a fraud admitted by the group’s Chinese CEO.
  • Acted for the ad hoc group of creditors in the cross-border Chapter 11 and UK administration restructuring of Cineworld.

Maples Group

Maples Group‘s contentious offering in the Cayman Islands is regarded as being ‘at the forefront of developments in insolvency and restructuring‘, excelling in all fallout of high-profile insolvencies, as well as supporting on contentious restructuring, investment fund disputes, and fraud and asset tracing cases. Co-leader of the department James Eldridge specialises in insolvency-related issues and regularly represents financial institutions, investors and insolvency officeholders. Fellow practice co-head Caroline Moranis an exceptional operator‘ and advises on all aspects of cross border and domestic insolvency and restructuring issues. Nick Herrod is another key figure, his recent matters include advice on Cayman Islands issues arising from Seadrill’s, NAC DAC’s, Avianca’s and Katerra’s US Chapter 11 proceedings. Malachi Sweetman adds large scale commercial litigation experience, and Quentin Cregan is strong on a range of finance sector dispute resolution. Christian La-Roda Thomas is another name to note, and both Justin Naidu and Luke Armitage stand out as support to the partners.

Les références

‘I single out Quentin Cregan with whom I worked recently on an interesting and novel case in Cayman. Very down to earth and practical, seeing the big picture as well as the detail, and a pleasure to deal with. Allegra Crawford also deserves an honourable mention by whom I was very impressed on a recent case. Efficient, personable and very able.’

‘Pre-eminent in Cayman.’

‘James Eldridge and Luke Stockdale are both excellent.’

Principaux dossiers


Ogier

The sizeable dispute resolution offering at Ogier is a particularly strong choice for restructuring and insolvency, fraud and asset recovery, and s.238 shareholder appraisal disputes. A trio of lawyers share leadership responsibilities of the group: Marc Kish, the firm’s global head of dispute resolution who is well versed in international insolvency, restructuring and financial services disputes, large-scale fraud cases, and asset tracing claims; Jennifer Fox, who draws on two decades of experience, including 15 years on the ground in the Cayman Islands; and Rachael Reynolds KC, a standout in contentious trust matters. Deborah Barker Roye was promoted to the partnership in 2024 and specialises in contentious trusts and estate matters, and Christopher Levers is a further name to note in restructuring, insolvency, and general commercial litigation. Gemma Bellfield is also a young partner with a strong contentious restructuring and insolvency practice, and at managing associate level Farrah Sbaiti stands out.

Responsables de la pratique:

Marc Kish; Jennifer Fox; Rachael Reynolds KC


Autres avocats clés:

Shaun Maloney; Farrah Sbaiti; Christopher Levers; Deborah Barker Roye; Rebecca Findlay


Les références

‘We work primarily with Marc Kish and Gemma Bellfield, both excellent attorneys.’

‘Both Marc Kish and Gemma Bellfield are extremely commercial. As litigation financers, they provide us with options and strategies that are tailor-made to reflect our investment mandates.’

‘Shaun Maloney is commercial and understands the issues.’

Principaux clients

The joint liquidators of Three Arrows Capital Ltd


Tianrui (International) Holding Company Limited


FamilyMart China Holding Co


Investment funds managed by Oasis Capital and MY.Alpha Management


Raiffeisen Bank International AG


Susquehanna International Group LLP on behalf of its subsidiary Capital Ventures International (In the matter of Sina Corporation)


Waterwood O2O Project Limited (In the matter of Xiaodu Life Technology Ltd.)


(i) Conflict Director of Abraaj General Partner VIII Limited; (ii) the Investors’ Council of Neoma Private Equity Fund IV LP (formerly Abraaj Private Equity Fund IV LP) (“Fund IV”); and (iii) the Litigation Committee of Fund IV


Orient Plus International Limited


Taiping Trustees Limited


Barclays Bank Plc


Kuwait Ports Authority and The Public Institution for Social Security


Trustee of a Cayman Islands STAR Trust and its direct subsidiary company


Investment funds managed by FourWorld Capital and Senrigan Capital (In the matter of iKang Healthcare Services, Inc)


(1) Black Gold Investment Holdings Inc; (2) HCS Investment Holdings, Ltd; and (3) Semper Luxembourg Holding


Nexo Capital Inc.


Principaux dossiers


  • Acting for Fund IV’s conflict director, litigation committee and the investors’ council, dealing with numerous contentious aspects of the fallout from the collapse of the Abraaj Group.
  • Acting as Cayman Islands counsel to the plaintiffs, KPA and PIFSS on all relevant Cayman Islands law issues, as the limited partners in the Port Fund seek redress for the various frauds perpetrated against the fund.
  • Advising Raiffeisen Bank International on claims under the Fraudulent Dispositions Act and in the tort of unlawful means conspiracy against a number of entities.

Collas Crill

'Dynamic, collaborative and experts in their field', the dispute resolution practice at Collas Crill acts in a range of contentious matters, standing out particularly for s.238 merger appraisal litigation, an area in which one client contends it 'has the leading practice'. Cross-border insolvency and fraud cases are further strengths. Stephen Leontsinis co-leads the practice group and acts for a broad client base. Alongside him, Rocco Cecere oversees insolvency, corporate disputes, and merger appraisal litigation subgroups. Matthew Dors is strong in cases involving Cayman and US concurrent insolvency, bankruptcy and receivership proceedings, while Zachary Hoskin is another merger appraisal litigation expert to note. Annalisa Shibli is an up and coming figure in commercial litigation, insolvency and restructuring. Jennifer Colegate departed the firm in June 2024.

Responsables de la pratique:

Stephen Leontsinis; Rocco Cecere


Autres avocats clés:

Matthew Dors; Kirsten Bailey


Les références

‘Professional, responsive and good value.’

‘Stephen Leonstinis and Kirsten Bailey are knowledgeable and user friendly.’

‘The standout litigation team in Cayman. Great strength in depth lead by the superb Stephen Leontsinis who is legally and commercially astute, allied to great people skills and commercialism.’

Principaux clients

The Armand Hammer Foundation


Quantuma


Palliser Capital


Kite Lake Capital


Whitefort Capital


Genesis Investment Management


Brookfield Asset Management


Mineworkers’ Pension Scheme


Public Employee Retirement System of Idaho


The State Teachers Retirement System of Ohio


British Coal Staff Superannuation Scheme


Brunel Pension Partnership Limited


Holdun Family Office (Bahamas) / Holt Fund SPC


HBK Fund


Interpath (formerly Kalo Advisors)


FTI Consulting


Ernst & Young


FourWorld Capital Management


RH Restructuring (Cayman) Limited


Elliott Advisors


Millennium Management LLC


Bank of New York Mellon


Athos Capital Limited


Cooley LLP


Alpine Partners


Corbin Capital


QVT Family Office


Boothbay Capital


Citadel


Development Specialists Inc,


Chris Johnson Associates


FFP (Cayman)


Principaux dossiers


  • Advising Interpath, joint receivers of Port Link GP Ltd and the assets of The Port Fund L.P, on breach of fiduciary and unlawful means conspiracy claims brought by 2 Kuwaiti State owned entities.
  • Advising the Armand Hammer Foundation on a directors dispute and matters of corporate governance, attempts to recover assets of $100m and the impact of (purported) US bankruptcy (chapter 11) proceedings.
  • Advising a group of private equity funds in a dispute with WinTrix DC Group to obtain fair value for their shares following a $3.16bn take private deal.

Harneys

Restructurings, insolvencies, and litigation arising therefrom are the main focus of Harneys‘ dispute resolution practice, which is adept in multi-jurisdictional cases, particularly those involving Chinese businesses. The practice also has a broader offering spanning commercial litigation, including allegations of fraud, and shareholder disputes. Jessica Williams is an experienced litigator whose practice focuses on insolvency and restructuring and contentious trusts. She co-leads the department with Ben Hobden, who joined the firm in September 2023 and has a track record in major restructurings and worked on the Abraaj litigation. Nick Hoffman has a longstanding Cayman Islands practice and has been involved in a large number of the high profile matters involving Asian companies. Gráinne King is a younger partner to note.

Responsables de la pratique:

Jessica Williams; Ben Hobden


Autres avocats clés:

Gráinne King; Nick Hoffman


Les références

‘We have been using Harneys, specifically Nick Hoffman and Grainne King, on several high profile litigation matters. They have gone beyond the call in providing outstanding legal advice and advocacy in the Caymen Islands, and helping us explain Cayman law to a Delaware court.’

‘I have dealt with other firms and lawyers in the Caribbean for sure, all of whom are quite good. But Nick Hoffman and Grainne King stand out, for the dedication to the client and out-of-the-box thinking.’

‘Very good. Good strength in depth, diverse, knowledgeable and commercial. One of the few law firms in Cayman that I recommend.’

Principaux clients

Shang Peng Gao Ke, Inc. SEZC, SPGK Pte Ltd, Growth Today Inc., Scuderia Bianco Pte Ltd and Ryunosuke Yoshida


Trustbridge Partners


Baidu Holdings Limited


The Joint Official Liquidators of BGA Holdings Limited (BGAH)


China Aoyuan Group Limited


General Partner of One Thousand & One Voices Africa Fund I, L.P.


Joint Official Liquidators of Pioneer Merger Corp. (In Official Liquidation)


Joint Official Liquidators of VPC Impact Acquisition Holdings II


Sina Corporation


American International Group (AIG)


New Frontier Health Corporation


Oakwise Value Fund SPC


Joint Official Liquidators of the Saad Investments Finance Company (SIFCO 5)


Joint Receivers of Axiom Legal Financing Fund, SP (a Segregated Portfolio of JP SPC 1) and Axiom Legal Financing Fund Master, SP


Principaux dossiers


  • Acted for Yi Zhang, the founder of the biopharmaceutical corporation, YS Biopharma, representing him in relation to a hostile injunctive action taken by the company’s directors.
  • Acting as lead global counsel for the SPGK Group in a multi-jurisdictional dispute relating to money generated by its business.
  • Acting for Trustbridge Partners III L.P., Trustbridge Partners V, L.P. and Baidu Holdings Limited in their capacity as investors/ redeeming creditors in China Medonline Inc, including obtaining injunctive orders in relation to the company’s actions.

Mourant

Nicholas Fox heads the dispute resolution offering at Mourant, which has a strong track record in major litigation in Cayman, its core practice focusing on distressed fund disputes, commercial litigation, insolvency and restructuring, contentious regulatory matters, and ITPC. Fox is a noted litigator in the jurisdiction and his recent work has included family business disputes, major liquidations, and contested winding up proceedings. Vastly experienced commercial litigator Peter Hayden is a further key contact, and ‘outstanding lawyerSimon Dickson draws on his experience practicing on the islands since 2002. Another senior figure key to the department is Hector Robinson KC, and Jonathan Moffatt adds depth across commercial litigation, shareholder disputes and liquidations.

Responsables de la pratique:

Nicholas Fox


Autres avocats clés:

Peter Hayden; Jonathan Moffatt; Simon Dickson; Hector Robinson KC


Les références

‘The Mourant team has strong commercial acumen and are able to provide commercially thoughtful advice to their clients.’

‘Peter Hayden is one of the top litigators in the Cayman Islands. Often his position or approach to a dispute foreshadows changes to the law. Peter is technically brilliant.’

‘Jonathan Moffatt is extremely approachable and hard working for his clients.’

Principaux clients

HRH Princess Deema Bint Sultan Bin Abdulaziz


Oussama Ammar


Monique Hamaty-Simmonds et al


Eiffel, Pretons, Ensemble 2 and Eiffel eCapital Global Fund


Oasis Management (Hong Kong)


Cayman Islands Monetary Authority


Fideicomiso F/000118


Saxena Holdings LLC and Tagusi Holdings LLC


Principaux dossiers


  • Acting for HRH Princess Deema who commenced proceedings against a former Linklaters UK Partner, Ronald Gibbs, relating to the misappropriation of a $25m investment fund, resulting in a damages award of $40m.
  • Acting for Eiffel Funds, which is the largest creditor in the liquidation of Direct Lending Income Group (DLI).
  • Advising SINA Corporation on an s.238 case.

Bedell Cristin

Clients of the dispute resolution practice at Bedell Cristin include some of the biggest companies with operations in the Cayman Islands, as well as major international law firms requiring on-island counsel on behalf of their clients. Laura Hatfield leads the team and is well versed in assisting a variety of corporate clients and individuals, focusing on commercial litigation, insolvency and restructuring, as well as regulatory matters. Kai McGriele comes with strong client recommendation and he has a particular focus on insolvency and restructuring of Cayman Islands based hedge funds, as well as other investment vehicles. Richard Parry is a key contact for clients from the financial services and high-end real estate markets.

Responsables de la pratique:

Laura Hatfield


Autres avocats clés:

Kai McGriele; Richard Parry; Norberto Ayala Rodriguez


Les références

‘The dispute practice (and firm in general) are really commercial and will adapt as required to complete work. They have shown innovation and flexibility on matters. Communication is very strong.’

‘Richard Parry is not only our contact at the firm for disputes, he is also our key contact at the firm for all initial matters that we might refer. Richard is quick to respond, knows his firm / lawyers well and takes time to understand what is needed. He invests time in learning about our business and also tries to visit in person when that is possible.’

‘Experienced litigators in the Cayman court and knowledgeable about the process and the court system and the judges. Some innovation in relation to document management which was helpful on our case.’

Principaux clients

Al Jomaih Power Limited


Principaux dossiers


  • Acting for Jomaih Power in a dispute with Abraaj investment vehicle IGCF SPV21 Limited regarding ultimate ownership and control of K Electric Ltd.
  • Advising Kroll as liquidators of Bear Stearns on claims against rating agencies arising out of new facts coming to light as to the ratings of investments prior to 2008.

Broadhurst LLC

Specialist litigation and insolvency boutique Broadhurst LLC regularly acts in local and international disputes, instructed by multinational institutions, HNWIs, creditors, debtors, shareholders, liquidators, and receivers. At the helm of the practice, managing partner Kyle Broadhurst has more than two decades practicing in the Cayman Islands and his expertise spans insolvency, bankruptcy, fraud, judgment enforcement, and trust and commercial disputes. He co-leads with Ian Lambert, who has a focus on the financial services sector. Richard Parrish is another key name across insolvency, restructuring and general corporate litigation, and Kate Murray joined as associate in February 2024.

Responsables de la pratique:

Kyle Broadhurst; Ian Lambert


Principaux clients

Geoffrey Carton-Kelly of FRP Advisory Trading Ltd., Bruce Mackay of RSM UK Restructuring Advisory LLP and Christopher Johnson and Russell Homer of Chris Johnson Associates Ltd. as JOLs of the AwalCos, defendants in the AHAB v. Saad et al litigation. Clients of Ian Lambert of Broadhurst LLC since 2009 and clients of Broadhurst LLC since 2021.


Cosimo Borrelli and Mitchell Mansfield of Kroll (formerly Borrelli Walsh) as JOLs of Platinum Partners Value Arbitrage Intermediate Fund Ltd. (In Official Liquidation) and Platinum Partners Value Arbitrage Fund (International) Limited (In Official Liquidation) (together the “Platinum Funds”)


Two of the independent directors of Neoma Private Equity Fund IV LP (formerly known as Abraaj Private Equity Fund IV LP)


Chris Johnson and Russell Homer of Chris Johnson and Associates as JOLs of the Wimbledon Financing Master Funds Ltd (In Official Liquidation)


Graham Robinson of Crowe Cayman Limited in his capacity as one of the JOLs of Ascentra Holdings, Inc (in Official Liquidation). Graham is also one of the joint official liquidators of TT Global Equities, Rocinante Fund, and Rocinante 2 (all in Official Liquidation)


Russell Homer and Karen Scott of Chris Johnson and Associates as JVLs of Income Collecting and JOLs of MV Advisory Ltd and MV Cayman Limited


Graham Robinson and James Parkinson of Crowe Cayman Limited in their capacity JOLs of TT Global Equities, Rocinante Fund, and Rocinante 2 (all in Official Liquidation)


Sterling Security Solutions


Streeterville Capital, LLC


Principaux dossiers


  • Advising Streeterville Capital on how to recover $15m from SPI Energy Co. Ltd.
  • Advising the court appointed joint official liquidators of three Cayman Islands funds (TT Global Equities, Rocinante Fund and Rocinante 2 – all in official liquidation) in the winding up process, the investigations and the potential litigation relating to these three funds.
  • Acting for the court appointed joint official liquidators of three Cayman Islands funds companies (MV Advisory Ltd. and MV Cayman Limited – both in Official Liquidation) in the winding up process, the investigations and the potential litigation relating to these two companies.

Forbes Hare

Christopher Young spearheads the dispute resolution department at Forbes Hare, which routinely handles international matters, covering insolvency and restructuring, as well as commercial, corporate and investment fund disputes. Young has over 20 years’ experience in offshore work in complex funds, trust and company litigation, and related corporate insolvency matters. Alistair Abbott has experience leading investment fund disputes, and Paul Smith was a strong addition to the team from Harneys in January 2024, bolstering the firm’s litigation, insolvency, arbitration and regulatory offerings. Fleur O’Driscoll, who divides her time between the Cayman and Hong Kong offices, is a further key name, and Sarah McLennan supports on insolvency and restructuring.

Responsables de la pratique:

Christopher Young


Autres avocats clés:

Sarah McLennan; Fleur O’Driscoll; Paul Smith; Alistair Abbot


Les références

‘The Forbes Hare team is excellent in every department. Their attention-to-detail, combined with remarkable speed and efficiency, makes them truly invaluable to work with. They seem prepared for every eventuality and take everything in their stride, meeting great challenges with ingenuity and innovation.’

‘Sarah McLennan is destined to be a leading partner. Her work ethic is second-to-none. Any hour of the day, any day of the week, she will be ready to find a solution to even the most difficult problem. She couples her brilliant intellect with excellent client care and bedside manner and is just a pleasure to work with. She takes responsibility in every case and I’d trust her to make any major judgment call. If I could work with her on every case, I would.’

‘Christopher Young is a top-tier partner. A brilliant tactician with phenomenal instincts; ready to take on every challenge that complex litigation can throw at you. You want him in your corner!’

Principaux clients

Blue Ocean Creation Investment Hong Kong Limited and Blue Ocean Structure Investment Company Ltd


Seahawk China Dynamic Fund


Abdulhameed Dhia Jafar


Floreat Principal Investment Management Limited, LVII Investment Management Limited, Floreat Investment Management Limited


Federal Republic of Nigeria


Tai Ping Shan Limited


ICICI Bank


Mr Chong Chin and Ms Yao Sze Ling in their capacity as creditors of Guoan International Limited


A beneficiary of a family trust


Aspial Investment Limited and Bumper East Limited


SGS Universal Investments Holdings


Skyblueocean Limited


A loan creditor of Silver Base Group Holdings Ltd


Principaux dossiers


  • Acting for the Blue Ocean group of companies in a shareholders’ dispute worth $2-5 billion and involving allegations of fraud and forgery.
  • Acting for Seahawk China Dynamic Fund in claims by it for damages in excess of $1bn following the dismissal of a winding up petition presented against it and the discharge of provisional liquidators appointed over it.
  • Assisting a UAE billionaire in a high profile claim brought by him in deceit and unjust enrichment worth in excess of $300m against two major funds in the Abraaj group.

McGrath Tonner

'Distinguished by its approachability and prompt, clear advice', McGrath Tonner fields a team in the Cayman Islands that has experience at every level of court, including the Privy Council. The practice draws work from other firms across the UK, US, the Middle East and Hong Kong that are looking for assistance with Cayman Islands elements of cases. Ben Tonner KC is an experienced litigator and his expertise spans insolvency, administrative litigation, investment services disputes, and white-collar crime, among other areas. He co-leads the department with David McGrath, who excels in matters of white-collar crime and fraud, as well as maintaining a strong contentious practice acting for HNWIs. Sally Bowler can be noted for insolvency, asset-tracing and enforcement, shareholder disputes, and funds litigation; and Reece Jones adds additional support to the team on the range of matters.

Les références

‘McGrath Tonner is distinguished by its approachability and prompt, clear advice. The firm’s partners and team members are readily accessible, providing swift, direct responses tailored to client needs. Offering a comprehensive range of services from corporate and tax to dispute resolution, McGrath Tonner serves as a one-stop shop for diverse legal requirements.’

‘Ben Tonner stands out as an exceptionally approachable and accommodating partner at McGrath Tonner. He is known for his readiness to arrange last-minute meetings and provide urgent advice with impressive turnaround times. His dedication to client service and his ability to deliver clear, concise guidance make him a valuable asset to the firm.’

‘Reese Jones consistently demonstrates remarkable dedication and hard work, assisting clients day in and day out. His approachability, sharp legal acumen, and unwavering commitment to client needs set him apart. Reese’s ability to deliver precise and effective solutions underlines his exceptional contribution to the team.’

Principaux dossiers


Claritas

Claritas added counsels Alexia Adda and Mark Burrows in September 2023 and May 2024, respectively, to bolster the team led by Katie Pearson that specialises in litigation and regulatory law. Clients see the firm as ‘a fantastic alternative to the more established firms‘; the team displaying particular strengths in fraud cases, asset tracing work and shareholder disputes.

Responsables de la pratique:

Katie Pearson


Autres avocats clés:

Mark Burrows; Alexia Adda


Les références

‘Claritas is a small firm with an impressive (and growing) reputation for big-ticket Cayman disputes. Its senior lawyers have come from the top-tier firms, and have the experience and the capability to act against the biggest firms on the Island on an even footing. It comes with the advantages of a small firm (eg a high degree of engagement in legal matters from the senior personnel who set up the firm, who are not distracted by internal management). Claritas is a fantastic alternative to the more established firms.’

‘Katie Pearson is a star – one of the very best, and most highly-regarded, litigators in Cayman. She is a strong advocate with great depth of knowledge about offshore litigation.’

‘Alexia Adda is a popular and intelligent associate.’

Principaux clients

Lau Chun Shun


Fortunate Drift Limited


Northeast Securities Co Ltd


Valorte Capital


Eleanor Fisher and Sharon Hamilton of EY Cayman Ltd and Ernst & Young Inc., respectively, Voluntary Liquidators of TR1 International Fund and TR1 Master Fund


Eleanor Fisher and Tammy Fu (Liquidators) of EY Cayman Ltd as liquidators of TCA Global Credit Fund Ltd (Fund).


SPGK


Paul Davis


Principaux dossiers


  • Acted for high-net-worth individual, Lau Chun Shun, in a dispute with Seahawk China Dynamic Fund.
  • Acted for Fortunate Drift Limited in litigation to recover stolen funds from Cayman broker Canterbury Securities Ltd.
  • Acted for Northeast Securities Limited in its application for disclosure of beneficial ownership information by Cayman registered offices of companies suspected to be owned by judgment debtor.

Nelsons

Nelsons excels in disputes related to financial services, investment funds, and trusts, as well as acting in liquidations and general commercial, civil and family litigation. Experienced litigator Colm Flanagan heads the team. His broad range of specialisms include insolvency, contractual, shareholder and trust disputes, cases involving breach of trust and fiduciary duties, and conflicts in the insurance space. Kate McClymont is 'well able to handle novel public law challenges as well as commercial and trusts litigation', and Alice Carver is experienced as sole or primary counsel at all court levels. Amanda Minto acts for HNWI families, drawing on experience at the family law Bar in England and Wales.

Responsables de la pratique:

Colm Flanagan


Autres avocats clés:

Alice Carver; John Harris; Kate McClymont


Les références

‘Colm Flanagan and Nicholas Dixey are the stand out stars in Nelson. Both are approachable, likeable and extremely competent attorneys. Even though a smaller firm, I send all my contentious property conflict referral work to Colm and I have always been very impressed with his turnaround times and the advice he provides.’

‘Nelsons are an incredibly hard working, well organised and perfectly coherent team unit.’

‘Alice Carver is an absolute star and standout at the firm, as well as in the jurisdiction more generally. She has phenomenal instincts and wisdom beyond her years. An incisive legal mind and a great creativity.’

Principaux clients

JOLs for Canterbury Securities Ltd. (In Official Liquidation)


John Sergides


Aubit International


National Conservation Council


Coe Group Ltd. / Joint Official Liquidators for AIA Group Ltd. (In Official Liquidation)


Roderick Harbeck


Platinum Partners Value Arbitrage Fund L.P. (In Official Liquidation)


Cayman First Insurance Company Limited


LM Fund One Ltd.


Rubis Cayman Islands Ltd.


Principaux dossiers


  • Acting for the liquidators of Canterbury Securities, with cross-jurisdictional litigation and multiple issues of fraud and diversion of assets.
  • Representing the National Conservation Council in an inter-government dispute regarding Cayman’s environment and its development industry.
  • Acting for the directors of Global Cord Blood Corporation in a just and equitable winding up petition arising from an attempted dissolution of majority shareholder’s shares.

Priestleys

In dispute resolution, Priestleys fields a ‘tightly focussed practice with a high degree of technical expertise‘ that stands out in the market for cases involving the PRC and Hong Kong, as well as contentious public law issues. The team is also well versed in insolvency litigation and cross-border bankruptcy claims. Guy Dilliway-Parry heads the department and his work includes international disputes between shareholders of major companies, multi-national trust disputes, contractual disputes involving Hong Kong listed companies, and contentious insolvencies. Rachel Kelly has experience acting for banks and financial institutions, and Nikue Assarpour comes with client recommendation.

Responsables de la pratique:

Guy Dilliway-Parry


Autres avocats clés:

Rachel Kelly; Nikue Assarpour


Les références

‘This is a tightly focussed practice with a high degree of technical expertise and responsiveness.’

‘Guy Diliway-Parry is an excellent lawyer. He has a huge degree of technical expertise. his client care is second to none.’

‘A well put together team with experience and depth to handle most corporate and commercial litigation matters.’

Principaux clients

Bronzelink Holdings Limited


Medical Protection Society


Mosaic Financial Ltd


Joint Official Liquidators – Income Collecting 1-3 Months T-Bills Mutual Fund (In Official Liquidation)


Royal Cayman Islands Police Association and Others


Administrator of the Estate of Frank Fleiger


Caribbean Loss Adjusters


Anti-Corruption Commission


Sol Petroleum Cayman Ltd


DR Mezzco LLC


Principaux dossiers


  • Advising EY Cayman and EY Bahamas as Joint Official Liquidators of Income Collecting 1-3 Months T-Bills Mutual Fund (In Official Liquidation), a liquidation of a $100m plus fund with linked proceedings in USA, Switzerland and the Cook Islands.
  • Advising Bronzelink Holdings Limited on a winding up petition issued against Global IP Cayman Limited.
  • Advising Royal Cayman Islands Police Association on two judicial review applications against the Commissioner of Police and the Attorney General of the Cayman Islands.