Jeremy Snead is Counsel in the Dispute Resolution practice group. Jeremy is focused on corporate dispute resolution, in particular financial litigation and contentious insolvency (including restructuring), with special interest in technology and innovation. In 2019 Chambers Global described Jeremy as “good both in court and on paper” and he has twice been nominated by Who’s Who Legal as a Future Leader.
Prior to joining Appleby in 2012, Jeremy was a litigator at Mayer Brown international LLP in London. Since starting work in the Cayman Islands Jeremy has acted on a variety of insolvency matters, shareholder and fund disputes. Jeremy was also admitted to the Eastern Caribbean Supreme Court, British Virgin Islands Circuit in 2014 and appeared in a lengthy trial in that jurisdiction.
Jeremy has acted extensively in the Cayman Islands for creditors, debtors and office-holders (both liquidators and directors) and pursued claims leading to and arising from insolvency related issues. Jeremy has appeared on numerous applications including before the Judicial Committee of the Privy Council and hearings and applications before the Grand Court, including the approval of the first conditional fee arrangement for Cayman Attorneys to represent liquidators in the Cayman Islands.
Throughout his career, Jeremy has sought out opportunity to work on various pro bono matters, including the Legal Befrienders Scheme in the Cayman Islands the formation of charities, advocacy in claims for criminal injuries compensation and disability living allowance and providing pro bono legal advice at the Royal Courts of Justice Citizens Advice Bureau in London.
Jeremy is heavily involved with the Cayman Chapter of the Restructuring & Insolvency Specialists Association and has arranged various community events such as annual charity golf days and Lionfish culling trips.
Recent work includes:
- Advising and pursuing substantial claw-back claims in respect of payments made by Cayman companies in the zone of insolvency.
- Appearing for (with Antony Zacaroli QC) and advising an ad hoc committee of noteholders in relation to the $3.7bn restructuring of the Ocean Rig group of companies implemented by way of four interlinked schemes of arrangement.
- Appearing for (with Peter McMaster QC) and advising the directors of a $330m trust holding company in relation to multiple claims, freezing injunctions and interlocutory relief and obtaining Norwich Pharmacal relief in relation to the same.
- Appearing for (with Barry Isaacs QC) and advising the CHC Group in relation to implementing the cross-border restructuring of one of the world’s largest commercial helicopter service providers.
- Advising directors of Cayman companies in relation to investigations and options in the event of insolvency.
- Advising in respect of various liquidator sanction applications both successfully representing liquidators in obtaining sanction and representing a liquidation committee in opposing a sanction to which they objected.
- Appearing (with Peter McMaster QC) and advising in relation to a $72m shareholder dispute in the Eastern Caribbean Supreme Court .
- Advising on causes of action based on fraud and negligence against advisors and service providers across the globe.
- Advising liquidation committees in relation to the liquidation of Cayman registered companies.
- Advising and appearing on and defending demands and winding up petitions brought by or against Cayman registered companies.
- Advising and appearing for parties affected by winding up petitions.
- Advising on insolvency aspects of refinancing and restructuring arrangements.
- Royal College of Music (London)
- University College London
- Nottingham Law School