Insolvencies may be corporate or personal. They may be triggered by macro-economic factors or by factors specific to an industry, sector or individual business or person. Corporate entities may require restructuring whether or not they are insolvent; restructuring may be required as a result of a take-over, merger, revision of business strategy or change to regulatory requirements. The team has extensive insolvency and restructuring experience across a wide range of industries, including retail, hospitality and leisure, healthcare, financial services, real estate and manufacturing.

We provide clear, sound and timely advice on the full spectrum of contentious and non-contentious insolvencies and restructurings. Our global presence enables us to provide comprehensive, multijurisdictional legal advice at the times most critical to our clients.

Our team are experts in advising on all aspects of the law, including:

  • Directors and other fiduciaries, including trustees, on their duties and personal exposure
  • Secured creditors on possible enhancements to their security net and options in an enforcement scenario
  • Appointment, recognition and removal of administrators, liquidators, receivers and provisional liquidators and their powers and duties while in office
  • Instigating or challenging désastre, dégrèvement, just and equitable winding up and other jurisdiction specific insolvency procedures
  • Recognition proceedings for insolvency practitioners, both into and out of our international jurisdictions
  • Refinancing, rescue and restructuring
  • Pre-pack sales / accelerated M&A processes
  • Schemes of arrangement, amalgamation and reconstruction
  • Fraud, asset tracing, recovery and constructive trust proceedings
  • Related regulatory advice and obtaining requisite regulatory consents and no objection letters

Client experience

Representative Work

Adviser to Barclays Private Bank

Advising Barclays Private Bank and Trust Limited in its capacity as corporate director of certain companies in the Belgravia Group, including giving urgent advice on various winding-up and other options available in light of the insolvency of certain of the companies

Adviser to Sea Containers Ltd.

Advising Sea Containers Ltd. on the Bermudian aspects of its restructuring plan and emergence from Chapter 11 bankruptcy, specifically on the incorporation of newly formed Bermuda companies, transfer of assets to the new companies and loan and security documentation

Adviser to Walton Insurance Company

Advising on and obtaining the sanction of the Supreme Court on a solvent scheme of arrangement for Walton Insurance Company Limited, commencing insolvent winding-up proceedings and advising on the liquidation and the operation of the scheme in the context of the insolvency

Our Experts

David Bulley

Partner: Hong Kong, Shanghai

T +852 6201 3662
E Email David

Christopher Cope

Consultant: Isle of Man

T +44 (0)1624 647 633
E Email Christopher

Jared Dann

Group Partner: Jersey

T +44 (0)1534 818 313
E Email Jared

Charles Davies

Partner: Isle of Man

T +44 (0)1624 647 622
E Email Charles

Tony Heaver-Wren

Partner: Cayman Islands

T +1 345 814 2732
E Email Tony

Mark Holligon

Global Practice Group Co-Head of Dispute Resolution : Isle of Man

T +44 (0)1624 647 691
E Email Mark

David Lee

Partner: Cayman Islands

T +1 345 814 2083
E Email David

Yahia Nazroo

Partner: Mauritius

T +230 203 4313
E Email Yahia

Caren Pegg

Partner: Isle of Man

T +44 (0)1624 647 636
E Email Caren

Steven Rees Davies

Partner, Joint Global Head of Technology & Innovation: Bermuda

T +1 441 298 3296
E Email Steven

Fraser Robertson

Group Partner: Jersey

T +44 (0)1534 818 032
E Email Fraser

Eliot Simpson

Partner: Hong Kong, Shanghai

T +852 2905 5765
E Email Eliot

Juan Thornley

Partner: Isle of Man

T +44 (0)1624 647 623
E Email Juan

John Wasty

Global Co-Head of Dispute Resolution: Bermuda

T +1 441 298 3232
E Email John

Anthony Williams

Partner: Guernsey

T +44 (0)1481 755 622
E Email Anthony

Andrew Willins

Partner: BVI

T +1 284 393 5323
E Email Andrew

John Riihiluoma

Senior Counsel: Bermuda

T +1 441 298 3236
E Email John

Olwyn Barry

Group Partner: BVI, Jersey

T +44 (0) 1534 818 357 or + 1 284 393 5345
E Email Olwyn

Amy Benest

Senior Associate: Jersey

T +44 (0)1534 818 009
E Email Amy

Helen Fretwell (née Jackson)

Senior Associate: Isle of Man

T +44 (0)1624 647 963
E Email Helen

Eleanor Harding (née Dangerfield)

Senior Associate: Isle of Man

T +44 (0)1624 647 690
E Email Eleanor

Yantee Hurnaurn-Calcutteea

Senior Associate: Mauritius

T +230 203 4310
E Email Yantee

Andrew Jackson

Counsel: Cayman Islands

T +1 345 814 2738
E Email Andrew

Katherine Garrood (née Johnson)

Senior Associate: Isle of Man

T +44 (0) 1624 647 971
E Email Katherine

Stuart Tyler

Partner: Guernsey

T +44 (0)1481 755 606
E Email Stuart

Service Area Latest
8 Apr 2021 | News

Appleby’s top tier Regulatory practice in Bermuda expands its Compliance Services

Appleby’s market-leading Regulatory practice, which is the only firm in Bermuda ranked in Tier 1 b...

6 Apr 2021 | Deals

Appleby Bermuda advised Floatel on its successful restructuring

Appleby Bermuda advised Floatel International Limited and it subsidiaries (the Group) on its success...

31 Mar 2021 | News

Appleby announces new Partner and Counsel promotions

Appleby announces the promotion of three Partners and the appointment of five lawyers to the positio...

25 Mar 2021 |

Changes to the Employment Act 2000 – Part 4

This Article is Part 4 of our series on the amendments to the Employment Act 2000 (“Act”) that w...

11 Mar 2021 |

No Security over Beneficiary rights

The Royal Court recently considered, for the first time, whether it was possible to issue an arrêt ...

Contributors: Amy Benest
2 Mar 2021 |

KBR and the Serious Fraud Office – should offshore companies and corporate providers still worry about a knock at the door from the SFO?

At first sight, the recent decision of the UK Supreme Court in R (on the application of KBR Inc) v D...

26 Feb 2021 |

Changes to the Employment Act 2000 – Part 3

This Article is Part 3 of our series on the amendments to the Bermuda employment and labour legislat...

23 Feb 2021 | News

Bermuda announces new Economic Investment Residential Certificate

Individuals will now be able to obtain the right to reside in Bermuda in return for making an econom...

Contributors: Bradley Houlston