Market Overview

Alvarez & Marsal Expands Its Footprint to the Cayman Islands Bolstering Its Insolvency and Restructuring Offerings


The firm opens a Cayman Islands office and appoints leading industry

Leading global professional services firm Alvarez
& Marsal
(A&M) has expanded its global footprint with the
opening of a new office in the Cayman Islands and the appointment of
three senior on-the-ground professionals. The joining of Alex Lawson, as
Managing Director and Head of A&M Cayman Islands, along with Chris
Kennedy, as Managing Director, and Barry Lynch, as Senior Director, will
provide a full service offering for alternative investments
restructuring for corporates, institutional investors, hedge funds and
private equity (PE) firms.

The A&M Cayman Islands office complements the firm's ability to work on
restructuring engagements in parallel tracks with the U.S., U.K., Europe
and Hong Kong. This expansion will benefit clients by strengthening the
reach of A&M's U.K. based Insolvency
and bolstering the firm's soft wind-down and advisory
offering. As at June 2017, the Cayman Islands Monetary Authority
reported total international assets and liabilities of US$1.026 trillion
and US$1.027 trillion, respectively.

, A&M's Co-Founder and Chief Executive Officer, said,
"Restructuring advisory is at the cornerstone of A&M's operational
heritage. The Cayman Islands is the fifth largest financial jurisdiction
in the world. Our expansion here, and plans for growth, demonstrates our
continuing commitment to meet our clients' complex, international
restructuring needs, related global valuation demands, as well as
disputes and investigations concerns."

, an A&M Managing Director and leader of the firm's
Restructuring practice in Europe, added, "A&M's presence in the Cayman
Islands enhances our ability to maximize value for clients. Alex's,
Chris' and Barry's individual and combined expertise will provide the
seasoned restructuring counsel required to help our clients address
their turnaround challenges."

Mr. Lawson brings over 15 years restructuring experience, 10 of which
were exclusively in the Cayman Islands. He has served as an appointment
holder for Provisional, Official and Voluntary liquidations,
Controllerships and Inspectorships and has held key leadership roles in
numerous engagements. Mr. Lawson has worked across all restructuring and
insolvency procedures with a focus on unlocking value for hedge funds,
PE funds and global enterprises in distress. Prior to joining A&M, Mr.
Lawson served as a Partner with KPMG in the Cayman Islands.

Mr. Kennedy is a qualified Insolvency Practitioner in the Cayman
Islands, a Chartered Accountant (Ireland) and a Cayman Islands Monetary
Authority (CIMA) registered Director who advises on distressed solutions
for financial services sector clients. He specializes in corporate
advisory, restructuring and insolvency and has been appointed as an
Official, Provisional and Voluntary Liquidator to numerous Cayman
registered entities. Mr. Kennedy has worked in the Cayman Islands for
over 9 years. He has extensive experience advising on
multi-jurisdictional matters across a wide range of industries, with a
focus on protecting and recovering value for stakeholders. The U.S.
Courts under Chapter 15 of the U.S. Bankruptcy Code have recognized Mr.
Kennedy on multiple occasions.

Mr. Lynch is a qualified Insolvency Practitioner in the Cayman Islands
specializing in providing distressed solutions to the financial services
sector with diverse experience across the hedge fund, banking and
capital markets, oil & gas and shipping industries. Mr. Lynch has been
appointed as an Official Liquidator by the Grand Court of the Cayman
Islands, and has led multiple high profile multi-jurisdictional
insolvency, restructuring and advisory cases across the Cayman Islands,
the U.S., U.K., the British Virgin Islands, Portugal, Monaco and
Switzerland. He has also acted as a Board Director on behalf of numerous
distressed structured finance CDO deals. Prior to joining A&M, Mr. Lynch
served as a Senior Manager with RHSW Caribbean and as a Manager with PwC
in Dublin.

About Alvarez & Marsal

Companies, investors and government entities around the world turn to
Alvarez & Marsal (A&M) when conventional approaches are not enough to
make change and achieve results. Privately held since its founding in
1983, A&M is a leading global professional services firm that provides
advisory, business performance improvement and turnaround management

With over 3000 people across four continents, we deliver tangible
results for corporates, boards, private equity firms, law firms and
government agencies facing complex challenges. Our senior leaders, and
their teams, help organizations transform operations, catapult growth
and accelerate results through decisive action. Comprised of experienced
operators, world-class consultants, former regulators and industry
authorities, A&M leverages its restructuring heritage to turn change
into a strategic business asset, manage risk and unlock value at every
stage of growth.

When action matters, find us at Follow A&M on LinkedInTwitter and Facebook.

View Comments and Join the Discussion!