The Impact of COVID-19 on Cayman Islands Restructurings
By Ben Hobden, Partner & Sarah McLennan, Associate, Conyers
The long-term global impact of the COVID-19 pandemic will be far-reaching. It has already led to a significant drop in economic activity across the world, with certain industries, such as aviation, retail, hospitality, and tourism, being particularly affected.
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Sarah McLennan, an associate with Conyers, focuses her practice on insolvency and general commercial litigation in the Cayman Islands and British Virgin Islands. After practising in London, she led the Restructuring & Insolvency team at Practical Law and was responsible for the contentious insolvency content. McLennan now practices in the Cayman Islands and BVI and has extensive experience representing creditors, officeholders, and a variety of institutions and entities in commercial disputes and insolvency-related matters.
Ben Hobden, a partner with Conyers, has been involved in some of the largest matters in the Cayman Islands’ jurisdiction in the past decade, regularly appearing before the Grand Court and Court of Appeal. His practice covers insolvency and restructuring, Section 238 shareholder appraisal cases, cross-border commercial disputes, and shareholder and corporate disputes. His client base includes Pioneer Alternative Investment Management, RC Cayman Holdings, FTI Consulting, KPMG, Ernst & Young, and Avenue Capital.
