An expert and experienced practitioner in these 238 claims matters and has a wealth of knowledge of relevant precedents and the trends and can spot the key issue a mile away.
Overview
Zachary is an experienced offshore litigator with significant experience in trusts and financial services litigation, section 238 'fair value' appraisal proceedings and professional indemnity/insurance litigation.
Experience
Zachary is also experienced in advising and assisting financial institutions that are the subject of regulatory investigations and proposed enforcement actions, and in advising trustees, beneficiaries, settlors, enforcers and protectors in relation to non-contentious and semi-contentious trust matters.
Background
Prior to joining Collas Crill, Zachary spent 10 years at another leading offshore law firm in both Guernsey and the Cayman Islands.
He has completed the STEP advanced certificate in trust disputes, and has been recognised as 'one to watch' by the prestigious Private Client Global Elite in both 2019 and 2020.
Memberships
Our dispute resolution specialists collaborate seamlessly with our corporate, banking and finance teams across jurisdictions to advise on litigation, restructuring and risk and regulatory matters. We provide a global perspective, working closely with our clients to ensure that they are best placed to respond to customer issues, fraud risks, rapidly changing market conditions and regulatory demands.
We provide fast, cost-effective and sensitive advice on all types of will-related disputes during what is often an extremely upsetting and distressing time for those concerned. We regularly act on multi-party actions for both plaintiffs and defendants.
We're used to working as part of a multi-jurisdictional team, capable of reacting and responding quickly to urgent requests for assistance with locating and freezing assets. As sophisticated defendants become more adept at dissipating assets, we've been involved in cases that created new law in relation to a party's ability to trace assets and recover their losses. With their ability to deal with complex issues the team deliver clear, commercial advice on the availability and likely success of recovery methods.
Our dispute resolution specialists collaborate seamlessly with our corporate advisory and banking teams across jurisdictions to advise multinational corporations, trust companies, banks, funds, insurers, governments and directors. We provide a global perspective, working closely with our clients to ensure that they are best placed to respond to customer issues, fraud risks, rapidly changing market conditions and regulatory demands.
For financially distressed companies in need of restructuring and reorganisation, or for those where the opportunity to do so has passed or failed, we work to achieve the most beneficial outcome in these difficult situations.
Currently working on some of the largest and most complex cross-border insolvencies in the jurisdiction, we frequently advise top law firms from the People’s Republic of China, the US, the UK and other jurisdictions. We are regularly briefed by Sovereign Wealth Funds and Fortune 500 Companies to advise on particular restructurings, as well as investment managers from Europe and the US.
At whatever stage we are engaged, our involvement will assist in identifying the ongoing risks facing a client and to enable that client to continue to identify and effectively manage deteriorating relationships with creditors, financiers, investors or other interested parties.
Collas Crill’s Cayman Islands appraisal practice is headed by Partner Rocco Cecere, who is recognised as a leading practitioner in the field. Rocco’s team has significant experience in appraisal litigation.
Rocco is a member of the Grand Court’s users committee which drafted the procedural rules governing appraisals matters. The Cayman Islands merger regime is a relatively new and evolving law. Our cross-border team acts on dissenter and company side, from pre-merger stage all the way through to trial and any appeals.
In regulatory disputes there are often fine lines between the usual wrangling with the regulator and something more serious – by matching our mix of experienced contentious and non-contentious lawyers to the particular problem at hand, we achieve better and more efficient outcomes. As regulatory experts, we frequently act on contentious matters and can leverage our experience to help clients achieve the highest regulatory standards and avoid common pitfalls.
Collas Crill has once again been included in the 2024 Global Restructuring Review (GRR) 100 - an annual guide to the world's leading law firms for cross-border restructuring and insolvency matters. Firms listed in the guide have been vetted for the...
Collas Crill strengthens market leading Cayman Islands merger appraisal team
Collas Crill has promoted Zachary Hoskin to Partner and appointed Harry Rasmussen as Counsel in its Cayman Islands Insolvency and Corporate Disputes team.Both Zachary and Harry have significant experience in shareholder disputes with a focus on represent...
Dissenting from short form mergers
In a comprehensive ruling handed down today, the Grand Court of the Cayman Islands (Grand Court) confirmed that shareholders of companies that undertake a 'short-form' merger are entitled to dissent from the merger and to be paid fair value for their sha...
The Grand Court (Court) has handed down its ruling in eHi Car Services Limited[1](Ruling), roundly rejecting an attempt by eHi Car Services Limited (Company) to re-write the procedural framework for section 238 proceedings. The Company had sought signifi...
The Board of the Privy Council (Board) recently handed down its decision in Shanda Games[1], a case involving the determination of 'fair value' of shares pursuant to section 238 of the Cayman Islands Companies Law (Law). The Board upheld the Cayman Islan...
Perhaps the most important decision for a Court when determining the fair value of a company's shares, pursuant to Section 238 of the Companies Law (2018 Revision) (Law), is the valuation methodology to apply. There are, in broad terms, two main options:...
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