Tag Archives: Cayman Islands Litigation
HSM is proud to once again be ranked by Benchmark Litigation Latin America in their 2020 assessment of notable dispute resolution law firms in the Cayman Islands.
This recognition highlights HSM’s ability to successfully handle litigation and dispute matters.
In addition to the firm being recognised, HSM Partner Ian Lambert and HSM Senior Associate Adam Crane have been featured as Litigation Stars along with HSM consultant William Helfrecht.
Benchmark Litigation shares that HSM’s dispute group “successfully obtained the Cayman Islands recognition of the Hong Kong appointed interim receivers over a private equity fund in the Cayman Islands. Litigation stars Ian Lambert and Adam Crane acted as the attorneys for the Joint Official Liquidators of several registered funds referred to as the “AwalCos,” defending claims within liquidation proceedings for each of those funds. The duo contributed to the successful group defense of the AwalCos at trial, and acted for the AwalCos in the appeal before the Cayman Islands Court of Appeal in May and June 2019. The appeal was heard over the course of six weeks and is expected to become precedent-setting related to asset recovery/tracing and proprietary claims. This complex matter involves contracts and parties governed by the laws of various jurisdictions, including the Cayman Islands, Saudi Arabia, Bahrain, UK, Switzerland and United States, and was subjected to various cross-border proceedings including Chapter 15 recognition in the Southern District of New York/Delaware, United Kingdom, Switzerland and Saudi Arabia. Lambert and Crane also represent two Official Liquidators appointed by the Cayman Court over respective funds in an ongoing liquidation matter.”
Benchmark Litigation Latin America is known to be the definitive guide to the region’s leading litigation law firms and lawyers. They have been researching and publishing firms since 2008 and their coverage expands beyond Latin American to cover areas in the Unites States, Canada and most recently, Europe and the Asia-Pacific region.
HSM’s Dispute Resolution practice and attorneys Ian Lambert (Partner) and William Helfrecht (Partner) have made their debut on The Legal 500 Caribbean 2020.
The Legal 500 has been analysing the capabilities of law firms across the world for more than 30 years. Law firms and attorneys are ranked by thorough research processes and are highly credited if featured.
This recognition highlights HSM’s ability to successfully handle litigation and dispute matters.
Citing The Legal 500 website, they refer to HSM as a firm that “provides practical and useful advice on insolvency and litigation matters in a cost-effective manner.”
“Ian Lambert is experienced in complex commercial and contract disputes, insolvency and bankruptcy claims, asset recovery and fraud issues, and trust litigation; and William Helfrecht is noted for disputes relating to trusts, professional negligence work, company law and land issues.”
Our Senior Associate, Adam Crane, will be attending and speaking at the American Bankruptcy Institute (ABI) Annual Spring Meeting on April 11-14, 2019 at the Marriott Marquis in Washington, D.C.
Adam will be speaking in a panel discussion on April 13 from 8:30am to 9:30am. The topic is: ‘how to find hidden foreign assets here and there’ – hosted by the Commercial Fraud and International Committees.
The panel will explore the challenges with foreign asset discovery in chapter 15 proceedings. Most foreign discovery is obtained either pursuant to Federal Rule of Bankruptcy Procedure 2004 or through the application of the Hague Convention. But how effective are these methods given the cumbersome and often complicated process of obtaining discovery? Are there more effective and efficient methods toward obtaining these results? Do other foreign jurisdictions have less cumbersome and more expedited processes to propound this type of discovery?
The discussion will include: commonly faced issues in obtaining discovery when locating and seizing assets, how to obtain records to determine the financial condition of the parties, and how foreign law may work to limit discovery.
Joining Adam on the panel will be Patricia A. Redmond of Stearns Weaver Miller Weissler Allhadeff & Sitterson (Miami), Ryan W. Blackney of Freeborn & Peters LLP (Chicago) and Ian De Witt of Tanner De Witt (Hong Kong).
We look forward to connecting with you at this conference.
Key Contact:
Adam Crane – Senior Associate
acrane@hsmoffice.com
Tel: +1 345 815 7364
The HSM Group is thrilled to welcome Senior Associate, Adam Crane. Adam’s practice focuses primarily on areas of commercial litigation, insolvency, restructuring and financial recovery matters.
Adam joins HSM with over seven years of experience in commercial litigation, insolvency, restructuring and financial recovery. Having worked with a top Canadian law firm where he was Partner and the Chair of the Financial Recovery and Insolvency Group.
“Adam brings valuable litigation experience to the firm and we look forward to enhancing our legal services with his expertise,” shares Ian Lambert, Partner at HSM.
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