Distressed Funds

Walkers' Distressed Funds team offers British Virgin Islands, Cayman Islands, Guernsey, Irish and Jersey law advice on a global basis to funds that have become distressed as a result of trading losses, illiquidity or other factors.

We have acted for the funds themselves, their investors (including institutional, individuals and fund of funds), service providers and other affected financial institutions.

We provide immediate advice of a practical nature in what is often a pressured, difficult and legally complex situation.

If a distressed fund's turnaround is not achievable, we have the largest and most highly regarded offshore insolvency and dispute resolution practice to advise the fund on the most appropriate liquidation/bankruptcy strategy to preserve or maximise investor value. Almost always such proceedings involve bankruptcy processes in the British Virgin Islands, Cayman Islands and elsewhere (for example, through Chapter 15 proceedings under the US Bankruptcy Code).


CAYMAN ISLANDS
Ingrid Pierce Global Managing PartnerT +1 345 814 4667ingrid.pierce@walkersglobal.com
Rupert BellPartnerT +1 345 914 4203rupert.bell@walkersglobal.com
Caroline WilliamsPartnerT +1 345 914 6342caroline.williams@walkersglobal.com

GUERNSEY
Matt SandersManaging PartnerT +44 (0) 1481 748 914matt.sanders@walkersglobal.com

IRELAND
Jonathan SheehanManaging PartnerT +353 1 470 6639jonathan.sheehan@walkersglobal.com
Matt HediganPartnerT +353 1 470 6688matt.hedigan@walkersglobal.com
Noeleen RuddyPartnerT +353 1 470 6650noeleen.ruddy@walkersglobal.com
Andrew TraynorPartnerT +353 1 470 6632andrew.traynor@walkersglobal.com

JERSEY
Jonathan HeaneyManaging PartnerT +44 (0)1534 700 786jonathan.heaney@walkersglobal.com
Nigel SandersPartnerT +44 (0) 1534 700 862nigel.sanders@walkersglobal.com
Marc SeddonPartnerT +44 (0)1534 700 761marc.seddon@walkersglobal.com
Nigel WestonPartnerT +44 (0)1534 700 788nigel.weston@walkersglobal.com
Fraser HernPartner, Walkers (CI) LPT +44 (0) 20 7903 8702fraser.hern@walkersglobal.com
Christopher ReedPartner, Walkers (CI) LPT +44 (0) 1534 700 825christopher.reed@walkersglobal.com

LONDON
Matthew BloomfieldPartnerT +44 (0)20 7220 4986matthew.bloomfield@walkersglobal.com
Jennifer MaughanPartnerT +44 (0)20 7220 4989jennifer.maughan@walkersglobal.com
Tatziana Paraguacuto-MaheoPartnerT +44 (0)20 7220 4991tatziana.paraguacuto@walkersglobal.com
Hughie WongPartnerT +44 (0)20 7220 4982hughie.wong@walkersglobal.com
Daniel Hayward-HughesSenior AssociateT +44 (0)20 7903 8707 daniel.hayward-hughes@walkersglobal.com
Fraser HernPartner, Walkers (CI) LPT +44 (0) 20 7903 8702fraser.hern@walkersglobal.com