Cross-border restructuring, insolvency and asset recovery
Whilst we are London based, we act on restructuring, recovery and insolvency cases throughout the world. We are frequently asked to advise clients with multi-jurisdictional problems and have built up a network of associates with whom we work closely on cross-border matters.
We have significant experience of assignments involving the EC Regulation on insolvency proceedings and the UNCITRAL Model Law on Cross-Border Insolvency.
We are often asked to co-ordinate advice to directors, borrowers, lenders and creditors across dozens of jurisdictions and are linked with leading advisers in over 50 countries to enable us to deliver pragmatic and commercial advice in all major commercial and offshore centres worldwide.
Our practice isn't limited to restructuring transactions - we also act in asset recovery and tracing cases, skills which are often required in international insolvency assignments. At any one time, we will be litigating in literally dozens of countries - obtaining and enforcing worldwide asset freezing orders and giving strategic advice to officeholders, creditors and lenders to ensure recoveries are maximised. We have particular experience in offshore jurisdictions, including BVI, Cayman, Turks & Caicos and Channel Islands.
In the Gulf, our office in Dubai enables us to represent clients in cases under the new DIFC insolvency legislation and we frequently appear in the recently established DIFC Court.