Begbies Traynor Group’s Post

Jared Dann is speaking at Informa Connect Asset Recovery Series Asia on the 'Trust the process – insolvency proceedings involving trusts' panel 3-5 November, Bangkok. 🌏Baker & Partners is proud to be a Bronze Sponsor for the Asset Recovery Series.   The panel will discuss how insolvency and trusts interact:   🗨 What can beneficiaries do when faced with an insolvent trust?  📍 What powers do insolvency practitioners have vis-à-vis third party trustees if they are related to the insolvency?  🔦 How difficult is it to trace and recover assets from trusts?  📋 And what strategies should insolvency practitioners use where there are complex trust structures, involving multiple assets and trusts in multiple jurisdictions?   👉 Reach out to Jared Dann if you'd like to connect during the conference. The team are looking forward to being back on the road to showcase some of Baker & Partners' expertise advising offshore disputes arising out of the Far East/Asia Pacific.    #ARAsia2024 #TrustsLitigation #AssetRecovery #CrossBorder  

Adam Crane, Jennifer Colegate, Nicosia Lawson, Shula Sbarro and Nia Statham have written the Chambers and Partners Cayman Islands Insolvency 2024 Global Practice Guide.🌎 The team have written a chapter on the recent Trends and Developments in the Cayman Islands alongside a technical Law and Practice guide. 𝗧𝗵𝗲 𝗧𝗿𝗲𝗻𝗱𝘀 𝗮𝗻𝗱 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 𝗰𝗼𝘃𝗲𝗿: 🔸The Rule in Houldsworth 🔸Provisional Liquidation vs Restructuring Officer Regime 🔸A First for SPCs: Appointing Restructuring Officers to Some of a Company’s Segregated Portfolios 🔸Staying Winding Up Proceedings – Permanently 🔸The Interplay Between Arbitration Agreements and Winding Up Proceedings 👉Find the full Cayman Islands Insolvency 2024 guide available to download here, or visit: https://lnkd.in/eRqjq-e7 for a digital version.

What is the start date on the IIR? 📅 The "start date" on the IIR indicates the beginning of various proceedings for each insolvency event, from bankruptcy to DROs. Understanding these dates is crucial. Middlebrooks simplifies the complexities, ensuring that you understand the timeline of individual insolvency events. #InsolvencyEvents #LegalInsights #MiddlebrooksExperts

𝑶𝒂𝒔𝒊𝒔 𝑰𝒏𝒗𝒆𝒔𝒕𝒎𝒆𝒏𝒕𝒔 𝑰𝑰 𝑴𝒂𝒔𝒕𝒆𝒓 𝑭𝒖𝒏𝒅 𝑳𝒕𝒅 𝒂𝒏𝒅 𝑶𝒕𝒉𝒆𝒓𝒔 (𝑨𝒑𝒑𝒆𝒍𝒍𝒂𝒏𝒕𝒔) 𝒗 𝑱𝒂𝒓𝒅𝒊𝒏𝒆 𝑺𝒕𝒓𝒂𝒕𝒆𝒈𝒊𝒄 𝑯𝒐𝒍𝒅𝒊𝒏𝒈𝒔 𝑳𝒊𝒎𝒊𝒕𝒆𝒅 (𝑹𝒆𝒔𝒑𝒐𝒏𝒅𝒆𝒏𝒕𝒔) [𝟐𝟎𝟐𝟒] 𝐂𝐀 (𝐁𝐝𝐚) 𝟕 𝐂𝐢𝐯 𝐉𝐨𝐧𝐚𝐭𝐡𝐚𝐧 𝐀𝐝𝐤𝐢𝐧 𝐊𝐂 and Adil Mohamedbhai continue to act for the dissenters in 𝑅𝑒 𝐽𝑎𝑟𝑑𝑖𝑛𝑒 𝑆𝑡𝑟𝑎𝑡𝑒𝑔𝑖𝑐 𝐻𝑜𝑙𝑑𝑖𝑛𝑔𝑠 𝐿𝑖𝑚𝑖𝑡𝑒𝑑, a multi-billion-dollar shareholder appraisal action in Bermuda concerning the Jardine group of companies, a Fortune Global 500 group of companies and one of the largest conglomerates in the world. In December 2023, Adil assisted the dissenters in successfully resisting the company’s appeal challenging the well-established principle that a company cannot claim privilege against existing or former shareholders other than where the documents are brought into existence for the purpose of a dispute between a company and its shareholders. At first instance, Hargun CJ had recognised the principle. The Bermuda Court of Appeal (Clarke P, Bell JA and Kawaley JA) confirmed the existence of the principle. The judgment can be found here: https://lnkd.in/d6-AXdRa 🌐https://lnkd.in/daWuhGdm #Judgment #Case #Law #News #Company #Shareholders #Bermuda #CourtofAppeal

💡 Athanasia Tsene and Sildia Fotopoulou contribute the Greece chapter to A&O Shearman's Restructuring Across Borders factsheet, a guide on the most important aspects of restructuring and insolvency proceedings in more than 50 jurisdictions around the world. 👉 The factsheet investigates a range of matters including liability management exercises, out-of-court and in-court restructurings, new money capital raises, exchange offers and debt exchanges, acquisitions of distressed companies and assets, equity-linked transactions, insolvencies, rescue financings, and litigation risk assessments and mitigation. #BernitsasLaw #RestructuringAcrossBorders

Check out more of the most popular content from the BVI office!

Liquidation probably feels a little intimidating right now, you’ve worked hard to get your business up and running, and now you’re looking at closing it. Before going much further, you will want to make sure that it’s the right choice for you. It’s also important to note that a liquidation can only be carried out by a licensed Insolvency Practitioner (Liquidator), all the Insolvency Practitioners we use are fully qualified and licensed. Want some free advice first? Call us on 0800 975 0380 or email advice@forbesburton.com #BusinessSupport #SmallBusiness #MediumSizedBusiness #ProblemSolvers #FinancialAdvice #BusinessGrowth #HonestGuidance #ForbesBurton #ExpertConsultants

Fresh insights await! We’re happy to announce our continued contribution to the renowned reference guide, Insolvency Litigation in Lexology Panoramic. Our insolvency experts Vanessa Marquette, Jens De Winne and Caro Van den Broeck have once again authored the Belgian chapter in the freshly released 2024 edition. Dive into our comprehensive analysis, exploring key aspects including pre-litigation strategies, avoidance actions, director and shareholder liabilities, creditor actions, strategic insights, and more. Take a peek here: https://brnw.ch/21wPkZa #litigation #insolvency #belgium

Many of our clients can attest that being a liquidator is certainly not an easy business, although successfully recovering assets and giving a return to creditors can be very rewarding. In our team's final article for 2024, Cheang Hui Xuan and I update on a recent decision by the Singapore High Court which sets out important guidance for liquidators in deciding who, when and how to sue, and what to sue for. #insolvency #restructuring #singaporelaw

Navigating the complexities of insolvency requires precision, efficiency, and clear strategy. That's precisely what our bespoke online portal, designed with input from insolvency experts, offers to practitioners like you. With features tailored for real-time management and an intuitive interface, our tool simplifies the intricacies of case handling, decision-making, and asset recovery. By focusing on high-value tasks and streamlining operational challenges, Debt-Claims Solicitors empower insolvency professionals to refine their approach and achieve better outcomes. Embrace our innovative solutions and revolutionise your insolvency practice today. #InnovationInInsolvency #EfficientPractice #DebtClaimsSolicitors