HSM’s Restructuring and Insolvency Team Restructures to Meet Demands

68 Fort Street, Grand Cayman (Tuesday, 26 May 2020): The HSM Group has experienced an increase in interest for their restructuring and insolvency services, especially from businesses facing financial issues from the COVID-19 crisis. To help keep up with the demand and maintain exceptional service, HSM has reallocated its lawyers to assist in this area of the firm.

HSM’s restructuring and insolvency practice now comprises of Ian Lambert, Partner and Head of Litigation, Insolvency and Restructuring; Adam Crane, Senior Associate; Peter de Vere, Head of Corporate and Commercial; Sarah Allison, Senior Associate of Debt Solutions and Shula Sbarro, Associate of Debt Solutions.

Managing Partner at HSM, Huw Moses, feels that this shift will allow the focus to be on assisting clients and businesses amidst the upheaval in normal business practices in the Cayman Islands. “It is not business as usual during COVID-19,” commented Huw. “As a full-service law firm HSM is flexible and able to meet the new needs in these challenging times.”

Ian adds, “Overcoming debt is difficult even in the best of times. In a crisis, our restructuring and insolvency lawyers create and execute coordinated solutions in a timely manner. Using a holistic approach, we draw on local and multidisciplinary skills to provide advice on all aspects of restructuring and insolvency, as well as employment, immigration and corporate issues.”

Through a comprehensive and precise analysis of the situation, HSM’s lawyers can provide sound recommendations across domestic and cross-border restructurings, guidance on the wind-down process while maximising returns to owners and if necessary, provide representation for clients in the courtroom.

To help further assist the local market in the Cayman Islands, HSM will host a free videoconference course with the Cayman Islands Chamber of Commerce on business liability in relation to COVID-19. This course will take place on Friday, 29 May 2020 from 9am to 11am. Participants must express interest to the Chamber at [email protected] and request a link to sign up to receive a Zoom invitation.