The only way is up?
Insolvencies are likely to be witnessed across a range of sectors over the course of the year, as prices rise across the economy. However, with energy being a key source of inflationary pressure, businesses which particularly...
Claims Management
Our senior team has years of experience managing claims brought by and against us in our professional capacity. We have supervised the adjudication of claims in over 1,400 assignments during the last 30 years. Claims brought by us or against us having totalled over $6 billion in a multitude of jurisdictions. We have worked in the following jurisdictions Cayman Islands, BVI, Bermuda, Bahamas, Barbados, Antigua, Turks and Caicos, Jersey, Guernsey, Cypress, Greenland, Peru, Costa Rica, New Zealand, Australia, Hong Kong, Singapore, Mauritius, India, Lebanon, Libya, Ethiopia, Burkina Faso, Sierra Leone, South Africa, Mozambique, Russia, Georgia, Kazakhstan, Thailand and Canada. Current relevant matters include claims brought by us on behalf of companies registered in the Cayman Islands totalling $1.6billion. Claims bought against our clients which we are currently managing total $2billion.
Insight
Case Study
Abraaj Group
Cork Gully was engaged by one of the larger investor groups in relation to the failed private equity group, Abraaj, and Stephen Cork was selected as the Independent Director to represent and pursue the interests of those investors. The Abraaj Group was originally set up in 2002 by Arif Naqvi to focus on investments in the EMEA region and grew to become a multi-billion dollar fund. However, the fund suffered losses and in 2018 became the subject of an SEC investigation...
