In advising on a wide variety of issues ranging from straightforward ‘winding up’ to complex liquidations and re-structuring, we are regularly instructed by receivers, liquidators and trustees in bankruptcy by leading international accountancy firms. Our lawyers have acted in many of the leading cases in Gibraltar during the last 20 years in both the Gibraltar Supreme Court and the Gibraltar Court of Appeal. Additionally, our Head of Litigation, Nick Cruz (a licensed insolvency practitioner in his own right) has also led in liquidation related litigation before the Judicial Committee of the Privy Council (the UK’s Supreme Court).
Our practical experience includes:
- Asset recovery and constructive trust proceedings;
- Actions against former Directors, Administrators, Auditors or third parties for offences under the Insolvency Act 2011 or breaches of contract or fiduciary duty;
- Major insolvency and restructuring matters;
- Complex liquidations, bankruptcies, schemes of arrangement and corporate rescues;
- Close liaison with forensic accountants to achieve optimum returns to creditors or shareholders;
- Liquidation of all manner of companies and partnerships, both on conventional insolvency grounds and as a consequence of governmental or regulatory action in the ‘public interest’;
- Acting for Liquidators, Provisional Liquidators, Administrators, Trustees inBankruptcy and other office-holders in addition to representing creditors, shareholders and directors in relation to the appointment and removal of such office-holders and claims brought by or against them;
- Advising creditor on their rights and options for schemes of arrangement.