In conjunction with Collas Crill's corporate and commercial and insolvency teams, acting for the company, which conducted investment management and fund services in Jersey. Successfully applied for an order from the court winding the company up on a just and equitable basis.

Acting for the investment manager of the insolvent Belgravia Group on the re-structuring of the distressed Belgravia European Property Fund, which involves some 30 investment companies from across Europe (ranging from the Channel Islands to the Netherlands to the Czech Republic).

Acting for Liquidators of Fairfield Sentry Ltd, one of the largest feeder funds stung by the Madoff fraud.  Currently advising the Liquidators in relation to potential causes of action and claw-back claims against entities located in Guernsey. Instructed by Krys & Associates (Nicolette Reiss) - Assisted by Forbes Hare (BVI) (William Hare)

Acted for J.J. Fox International Limited (a global trading company based in Jersey) with regard to a corporate re-structuring of its European network of IT companies. In some cases the purchaser sought to renegotiate the terms of the purchase. The team advised on this and put the further agreement documentation into effect, the consequential impacts of which are significant in the original documentation.

Assisting with regard to the re-structuring of a highly complex investment structure into which significantly in excess of E50m was invested. The team is providing both tactical legal advice and restructuring advice and paperwork to the companies and to the trustee.

Assisting Baccata, a Jersey trust company, in the re-structuring of a group of companies (Jersey, BVI and Guernsey) held in a Jersey trust, which hold a significant amount of prime London property. Some of the companies in the group are at risk of insolvency, and so on considering all appropriate laws local to the seat of the companies in question, the group has been streamlined and re-shaped with assets and liabilities relocated, and some subsidiaries created.  Share sale and purchase agreements and loan re-financing documents have been produced.

Acted for the family trust of a world-renowned film financier owned via a holding company shares in an AIM listed company which was itself involved in film financing. The listed company's biggest asset was a back catalogue of extremely well-known films, but was nonetheless under threat of administration because of a complex network of intergroup liabilities. There were also insolvency issues in a number of jurisdictions including Jersey and BVI.

Assisted Begbies Traynor, one of Britain's largest and leading business rescue, recovery and restructuring specialists, on the winding up of Jersey entities. The most significant such instruction included the complex and lengthy winding up of a regulated financial services business, following a focused visit by the Jersey Financial Services Commission brought for mismanagement and overcharging. The work included negotiating the terms of the winding up with the JFSC.

Acts for the joint liquidators of Landsbanki Guernsey Limited (in liquidation), Deloittes. The firm placed the bank into administration (the first such order to be made under the 2008 Guernsey Companies Law) and are working closely with the restructuring and insolvency team at Hogan Lovells - Deborah Gregory is the partner - and leading counsel, Richard Sheldon QC.  The administration was cross-border, the bank having assets in Guernsey, the UK and Iceland.  During the course of the administration we advised the Joint Administrators (and in some cases still are advising the joint liquidators) in relation to all aspects of the insolvency, the handling of creditor claims and litigation, co-ordinating the commencement and conduct of proceedings in Iceland against the parent bank in conjunction with Icelandic Lawyers Jonsson & Hall, advising the Joint Administrators (now liquidators) in respect of potential claims available to the Bank and representing the Joint Administrators/Liquidators before the Guernsey Court.   The matter has received (and continues to receive) huge amounts of publicity, both locally and internationally.

Advised the secured lender with respect to an application to place this prominent local hotel into administration and, following the failure of the borrower to refinance its operations, successfully made the application to place the property holding and trading companies into administration.  The application was vigorously contested by the companies and their shareholders.  Subsequently the firm were retained by the Joint Administrators and advised them with respect to the Administration generally, including (via the Property team) the realisation of the major assets of the Bon Port companies.

Advised the liquidator of the most prominent local taxi firm.  Specifically advised in relation to claw back claims which recovered c.£100k by way of settlement allow significant dividends to be paid to priority creditors.  This matter was very high profile locally despite its relatively low value.

Acting for liquidator of Hong Kong Company whose investigations in part required production of documents from a range of uncooperative Guernsey entities.  Advised in relation to the application of the little used Insolvency Act 1986, s.426 procedure, and in doing so obtained orders from the Guernsey Court applying Hong Kong insolvency law to require the Guernsey parties to produce the documents.  The application of Hong Kong law (and therefore the identification of section 426 of the means by which it may be applied) was crucial, as, at best, it is uncertain as to whether there was an equivalent power available to a liquidator/court in Guernsey insolvency law.

Acted for Smith & Williamson Limited as administrators of KCPII LP Inc, a Guernsey registered limited partnership.  The matter was two-fold: firstly, it involved advising the administrators on matters of Guernsey law in connection with the proposed sale of certain assets of the limited partnership. Secondly, Ian Kirk gave written evidence as to matters of Guernsey law (in particular limited partnership law) in connection with High Court proceedings challenging the appointment of the administrators - a case that has the potential to substantially influence the structuring of Guernsey limited partnerships.

Provided an opinion to a leading listed Russian company to acquire a UK property portfolio of over £200million owned by a Jersey company that was in the hands of an LPA Receiver.

Represented the joint administrators of Stylo PLC (Barratts shoes) in relation to the extension of the UK administration to Guernsey. We obtained an order extending the UK moratorium to Guernsey pursuant to s.426 of the Insolvency Act 1986, as extended to Guernsey. We believe that this is the first time the s.426 procedure has been used for this purpose in Guernsey.