We have extensive knowledge and experience of cross-border insolvency, including:

  • Obtaining recognition of foreign insolvency proceedings in this jurisdiction
  • Advising UK officeholders in obtaining recognition foreign jurisdictions
  • Coordinating complex cross border insolvencies involving parallel proceedings in multiple jurisdictions
  • Placing overseas individuals/companies into insolvency proceedings in this jurisdiction
  • Representing overseas creditors in protecting their rights in UK insolvency proceedings
  • COMI disputes

Notable Experience

  • Advising the victims of a high-profile crypto fraud committed through a Chinese company, in proceedings to wind-up that company in the UK in order to assert a claim against $5 billion of bitcoin frozen in this jurisdiction
  • Advising the Abu Dhabi appointed trustees in bankruptcy of two former ultra-high-net-worth individuals, in relation to the recognition and implementation of a multi-billion-dollar restructuring plan across several jurisdictions
  • Advising investors in a high-profile Ponzi scheme in respect of the winding up of a foreign company in this jurisdiction in order to recover their losses; subsequently advising the liquidators with respect to fraudulent trading claims of £400m against banks
  • Advising the UK-appointed trustees in bankruptcy of a former ultra-high-net-worth individual in a cross-border asset recovery mandate, involving challenges to offshore trust structures, obtaining Chapter 15 recognition in the USA, and ancillary US bankruptcy proceedings against the individual's son
  • Advising the UK-appointed liquidators of a company implicated in a complex VAT fraud, in a complex cross-border asset recovery mandate involving: (i) claims against 14 defendants located across 7 jurisdictions; (ii) freezing injunctions in the UK and Hong Kong; (iii) cross-border recognition of the Liquidators' appointment in the USA, Hong Kong, and Singapore; and (iv) enforcing judgments against parties and assets located across various jurisdictions
  • Advising various UK officeholders in obtaining recognition under the UNCITRAL Model Law and/or the common law in various jurisdictions, including extensive experience in obtaining Chapter 15 recognition in the USA as part of a complex multi-jurisdictional asset recovery exercise

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