Harneys is a global offshore law firm with entrepreneurial thinking and a service built around professionalism, personal service and rapid response. offering expert advice on the laws of the British Virgin Islands, the Cayman Islands, Luxembourg, Cyprus, Bermuda, Anguilla, and Jersey to a global client base that includes the world’s top law firms, financial institutions, and investment funds, as well as high-net-worth individuals. Our network is one of the largest among offshore law firms, with locations in major financial centres in Europe, Asia, the Americas and the Caribbean, allowing us to provide services of the highest quality to clients in their own languages and time zones.

Our Corporate Restructuring Group

Our dedicated restructuring team acted in the largest and most complex cross-border offshore restructurings over the past decade. As market leaders, the list of cases in which we have acted is preeminent – many of which have led to published decisions helping to define offshore jurisprudence in the area. We have the passion and firepower to get the job done and a reputation which we are keen to protect and enhance.

Our restructuring group is led by a team of ranked partners with the experience and specialist expertise needed to navigate the complexities which can arise for a distressed company in a cross-border environment. Regardless of the nature of the restructuring, whether it is confined to a debt compromise or a redomiciliation or extends to capital reductions or reorganisations, our team leaders will have seen it before.

To enhance our offering, our restructuring team works closely with Harneys’ formidable transactional, litigation, funds, trusts, tax and regulatory teams to provide our clients with a seamless, “one-stop shop” that is tailored to their individual legal need

Insolvency and Asset Tracing

Our litigation and fraud teams regularly deploy insolvency tools to effect in asset tracing exercises. We work closely with key insolvency practitioners and investigatory teams across jurisdictions and have recently been involved in the most detailed and successful campaigns to recover diverted funds, notably in Latin America and Asia. We are instructed by banks, funds and accountancy firms to provide time sensitive strategy and execution globally.

Recent Experience

Kaisa Group Holdings Ltd – advising the company on the successful restructuring of approximately US$12.27 billion in offshore debt through parallel schemes of arrangement in the Cayman Islands, Hong Kong, and the BVI.

Yuzhou Group Holdings Company Limited – advising the company on its successful US$6.8 billion restructuring of offshore debt liabilities through parallel schemes of arrangement in the Cayman Islands and Hong Kong.

Fantasia Holdings Group Co. Ltd – acting for the ad hoc group of bondholders in the proposed restructuring of up to US$4 billion in offshore debts across the Cayman Islands, Hong Kong, and the PRC.

R&Q Investment Holdings Ltd  – acting for the joint provisional liquidators of a Bermuda-registered global insurance holding company in a complex cross-border liquidation, including the US$420 million sale of its programme management business.