From Chaos to Control: Effective Cash Flow Management
Monitoring, analysing, and optimising the inflow and outflow of cash within a business is a vital component of any turnaround. It involves effectively...
From Chaos to Control: Effective Cash Flow Management
Monitoring, analysing, and optimising the inflow and outflow of cash within a business is a vital component of any turnaround. It involves effectively...
Managing a Crisis: During Times of Significant Financial or Operational Distress
Strategic and operational changes need to be implemented by businesses during times of significant financial or operational distress...
How to Value Distressed Companies
Valuing distressed companies can be challenging due to the unique circumstances they face. Traditional valuation methods may not...
Role of Private Credit in Shaping the Economy
Private credit has been experiencing significant growth, now exceeding £100 billion in the UK and this trend...
Corporate Simplification: Unlocking Efficiency, Reducing Risk, and Driving Growth – Podcast
As businesses grow, their corporate structures can become complex and inefficient...
Developing a Tailored Wind Down Plan
A wind down plan, outlines the steps and considerations involved in closing down a business or terminating operations...
Appointment of Administrators to Eagle Football Holdings Bidco Limited
Appointment of Administrators to Eagle Football Holdings Bidco Limited
Benefits of trading a Company in Administration
When a company is in administration, trading activities can still continue under the control and supervision of the administrator...
Cork Gully Strengthens Private Credit offering with appointment of Michiel Boorsma
We're pleased to announce the appointment of Michiel Boorsma as Partner...
Managing Risk with Special Purpose Vehicles
Special Purpose Vehicles (SPVs) are commonly used in various industries and financial transactions to achieve specific objectives...
Cork Gully Takes the Lead on Managed Exits
Rather than selling troubled positions at heavy discounts in the secondaries market, LPs should consider bringing in outside support to agitate for a successful wind...
Finding the Path to Financial Recovery: Informal Workout Strategies
Steps for an informal workout can be followed by businesses facing financial distress or challenges, without involving a formal...
Accelerated Mergers and Acquisitions (“M&A”)
Accelerated M&A, also known as accelerated mergers and acquisitions, commonly refers to a strategic approach where companies expedite...
Warning for Key Acquisitions and Disposals!
The Act provides for two separate regimes, namely: mandatory and voluntary notification. A mandatory notification...
Webinar – Navigating the Future of Insolvency in the Crypto Era: Insights from Cork Gully’s Expert
The rapid evolution of blockchain technology and the widespread adoption of cryptocurrency have introduced a range of complexities to the field of insolvency...
Cork Gully Achieves Rapid Crypto Asset Recovery and Distribution in Yield App Liquidation
Cork Gully is pleased to announce significant progress in the liquidation of Yield App, a Seychelles-based...
Cork Gully Appoints Nirmal Heeralall and Mitesh Hassamal as Partners
Based in Mauritius, they bring extensive experience in restructuring, insolvency, and special situations...
Appointing a Receiver Over Shares in a Company
Receivership of shares in a company involves the appointment of a receiver to oversee and manage a company’s shares on behalf of its secured...
Role and Interaction of Ad Hoc Committees with Security Trustees
The dynamics between an ad hoc committee and the security trustee can be nuanced, influenced by various factors, including the change...
Mitigating Bond Trustee Conflict Risk
For financial services professionals, it’s essential to understand the various conflict of interest risks that can arise in bond trustee arrangements...
Transforming Troubled Businesses: Role of CROs in Turnaround and Restructuring
Chief Restructuring Officers (CROs) tend to be appointed by companies in financial distress or undergoing significant operational changes...
Embedded Workout Teams for Private Credit funds
As the private credit market transitions into a more challenging phase, direct lenders are increasingly faced with stressed or distressed...
Use of Liquidating Trusts to Return Value to Investors?
Liquidating trusts are used to wind down or terminate a trust and distribute the remaining assets to beneficiaries...
LP Involvement: Finding the Right Approach to Protect Value
When it comes to private funds (either private equity or private credit strategies), the investors, more commonly known as the...
Cork Gully Rescues ReNeuron Group as a Going Concern
Cork Gully is pleased to announce the successful exit from Administration of the ReNeuron group, a UK based leader in stem cell...
Cork Gully expands debt restructuring, capital raising and M&A services
Cork Gully, a leading financial advisory firm specialising in restructuring and strategic solutions, is proud...
Sanctions Relating to Russia and the Use of Court-Appointed Receivers
The UK sanctions regime in relation to Russia comprises: (1) The Sanctions and Anti-Money Laundering Act...
Appointing a Receiver Over Shares in a Company
Receivership of shares in a company involves the appointment of a receiver to oversee and manage a company’s shares on behalf of its secured...
Dealing with Misappropriation of Assets by Fund Managers
Misappropriation of assets by a fund manager occurs when they take or use the fund’s assets for their own personal gain, without authorisation...
Risk Management for AIFM Platforms
Alternative Investment Fund Managers (AIFMs) are subject to various risks, both internal and external, which can impact their platforms...
Replacing an Asset Manager
Investors may consider replacing an asset manager for several reasons, including poor performance, a change in investment objectives...
Why Secondaries Alone Are Not Enough: Our Approach to Value Recovery
The growth of the secondary market has been a welcome development for LPs seeking liquidity...
Managing Funds That Miss Their Investment Objectives
When a fund fails to meet its investment objectives, it can be a frustrating experience for investors who have...
Strategies for Unlocking Value in Investment Portfolios
GP-led secondaries refer to a type of secondary transaction in which the general partner (GP) of a...
Evaluating GP Performance: Warning Signs and Proactive Solutions
General Partners (GPs) play a critical role in the success of private capital funds. They are responsible for...
LP Involvement: Finding the Right Approach to Protect Value
When it comes to private funds (either private equity or private credit strategies), the investors, more commonly known...
The Abraaj Group
Cork Gully was engaged by one of the largest investor groups in connection with the collapse of the Abraaj Group, to represent and pursue the interests of...
Managing Funds That Miss Their Investment Objectives
When a fund fails to meet its investment objectives, it can be a frustrating experience for investors who have...
Overcoming Challenges in the Sale of Illiquid Assets
Illiquid assets such as real estate, private equity, and venture capital investments can be challenging to sell...
Understanding the Role of a Fiduciary in Fund Management
A fiduciary is a person or entity that has a legal and ethical obligation to act in the best interests of another party...
Key findings from our LP End-of-life Fund Survey
Recent industry discussions have focused heavily on fundraising, liquidity and the evolution of private markets...
African PE at a Crossroads: Managed Solutions for End-of-Life Vehicles
Africa’s private equity industry is at a pivotal moment. Many first and second-generation funds sponsored...
Acquisition of GP Stakes by Cork Gully Asset Managers
Private equity funds often face challenges such as illiquid portfolios or a misalignment of incentives between General Partners...
Navigating Illiquidity: Options for LPs
Liquidity solutions can be helpful in providing assistance to investors who need to dispose of distressed or illiquid assets...
Hadley Chilton
Partner
Cork Gully is delighted to announce the opening of its new office.
The Guernsey office is led by Hadley Chilton and Stephen Cork, Global Managing Partner of Cork Gully. Stephen and Hadley have decades of experience of handling complex advisory, restructuring and insolvency assignments in multiple jurisdictions, including all of the major financial centres.
Hadley and Stephen have undertaken numerous contentious and non-contentious engagements in Guernsey for many years, as has colleague Mark Smith (London) who previously spent 5 years leading the restructuring and insolvency offering for a big-four firm in Guernsey.
Hadley has led restructuring and insolvency practices in the Cayman Islands and British Virgin Islands, and he commented “Guernsey’s reputation for robust and clear regulation means it is widely recognised as a leading jurisdiction for financial services business including funds, private wealth and insurance. This naturally aligns with our rich heritage and reputation as a trusted provider of advisory, asset management and restructuring advice.
What distinguishes Cork Gully is the holistic range of solutions for organisations experiencing crisis, dispute or winding down; including directorships and a successor asset manager, as well as acting as receivers or insolvency practitioners. We are looking forward to further developing our existing relationships and making new contacts in the Bailiwick.”
Stephen Cork further commented that “our specialist teams have a proven track record of assisting clients in times of need. We are an independent firm providing expert advice in a timely manner, which is crucial when dealing with issues involving underperformance or distress.
We provide an integrated service across our offices and the Guernsey office will spearhead a strategic programme of international expansion to be followed by new offices in Jersey, Luxembourg, Cayman Islands, Switzerland, UAE, New York and Mauritius. We are excited to share details of these new offices and the services they will offer in the coming months.”
Cork Gully (Guernsey) Limited
Royal Chambers 1st Floor
St Julian’s Avenue
St Peter Port
Guernsey
GY1 3JX
Phone: T +44 1481 740 855
Whether you are looking to hire Cork Gully, considering partnership opportunities or seeking an expert opinion please call us or send an email