Our lawyers are at the forefront of insolvency law and practice on the Isle of Man, having in recent years acted in many of the Island’s leading cases in this area, including the Navigator Gas Corporation / Cambridge Gas Transport litigation which resulted in a Privy Council decision clarifying the law on cross-border judicial assistance.
Our lead practitioner in this area Rob Long, who is a member of the Insolvency Lawyers’ Association, the Association of Business Recovery Professionals and the Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL), is very highly regarded and is consistently acknowledged as such by Chambers UK and The Legal 500.
- Corporate liquidations, both voluntary and involuntary
- Recognition of foreign officers holders and requests for assistance
- Schemes of arrangement and restructuring
- Directors’ duties
- Creditors’ rights
Our Insolvency service, includes, by way of example, the following: