Expertise
Rebecca has over 30 years’ experience of complex commercial disputes which typically involve cross border creditor-debtor disputes, international fraud, asset tracing and recovery and international judgment and award enforcement. She has significant expertise in the use of contentious insolvency and receivership to unlock value for insolvent estates and monetize claims. Her assignments often involves complex hedge funds and private equity structures. Her clients include insolvency practitioners, fund managers and administrators and financial institutions located in onshore and offshore regions.
Rebecca spent over 12 years practising in the Cayman Islands and was also admitted to practise in the BVI for 6 years. As well as being involved in complex assignments involving the Cayman Islands and the BVI, Rebecca has also pursued cases in many jurisdictions including the U.S., The Bahamas, Bermuda, Hong Kong, and the PRC.
Rebecca is on the Advisory board of the ThoughtLeaders4 FIRE International conference on fraud and asset recovery and on the steering committee of Cambridge Forum’s International Enforcement of Judgments and Awards Forum
Rebecca’s memberships include:
- Director on the board of RISA Cayman (the Cayman Islands INSOL network)
- Director-at-Large on the IWIRC board (Insolvency & Restructuring & Insolvency Women’s Confederation) and member of the European network
- R3
- 100WF
How do you help clients?
I help my clients to realise value in distressed situations, often where there is large scale fraud or wrongdoing. Many of my cases are multijurisdictional. I strategize to find creative solutions to trace and recover assets and monetize claims for clients who include insolvency practitioners and foreign office holders of bankrupt estates, trustees, creditors, investors, fund managers and directors of private equity vehicles.
I also advocate for financial institutions and sovereigns.
Experience
- Representation of the liquidating trustee of the Petters Ponzi scheme involving US $5 billion+ in investments. Acted as special counsel focused on clawback and director officer claims of US$300 million+ claims involving the BVI liquidation, the US, Hong Kong, Switzerland, and Bermuda.
- Acting on behalf of a fund manager with AUM of ~US$1 billion in respect of claims for unpaid management fees following the collapse and liquidation of a Cayman Master/ Feeder Fund structure with losses of ~US$40 million.
- Representation of a multi-billion-dollar oil and gas company in relation to inter-company claims by the liquidator of the former parent against the restructured group of companies of ~US $100 million, which Rebecca successfully settled for $15m.
- Acting for a Korean Fund manager in respect of a just and equitable winding up petition presented against a hedge fund where the fund manager was found guilty of fraudulently inflating the NAV in the recovery of a ~US$150 million investment.
- Acting for a major creditor in the petitioning for the winding up pf the Dubai based private equity business Abraaj Holdings and the appointment of provisional liquidators as part of the strategy for the recovery of ~US$150 million following the collapse of the Abraaj group due to the fraudulent misappropriation of in excess of US$230 million from a healthcare fund by Arif Naqvi the founder and CEO of the Abraaj group.
- Representation of a major stakeholder relating to the liquidation of a prominent Cayman-registered hedge fund valued at US $500 million which collapsed due to an SEC investigation against its manager based on allegations the fund was a “Ponzi Scheme”.