Insolvency Administrators and Other Office Holders
Insolvency office holders and trustees are major players in
insolvency proceedings in many jurisdictions around the
world. Supported by their domestic courts, and increasingly
by international recognition statutes and protocols, they wield
huge influence on the process and outcome of insolvencies and
restructurings. They enjoy extraordinary powers and
privileges.
SNR Denton has extensive experience dealing with, and acting for
and against, office holders and trustees in jurisdictions all
around the world. This includes administrators, liquidators,
provisional liquidators, special managers, receivers appointed in
and out of court, trustees in bankruptcy, sequestrators, examiners,
conservators and their equivalents in many countries.
SNR Denton attorneys are at the cutting edge of the important
new field of international recognition of office holders.
This includes US Chapter 15 proceedings, UK Cross Border Insolvency
Regulations 2006, and their equivalents elsewhere.
A recent feature of the restructuring scene has been the "shadow
office holder," a professional who stands ready to step in if
restructuring alternatives fail. Again, SNR Denton has been
at the forefront of this new dynamic, advising shadow office
holders and other stakeholders.
Our deep understanding of this area enables SNR Denton to
provide our clients with up-to-date, well-considered advice and the
ability to deal with insolvencies within and across international
boundaries.
Areas of Focus:
- Advising officeholders, including administrators, liquidators
and receivers appointed in court and out of court
- Advising other stakeholders on restructurings and insolvencies
where office holders are or may be involved
- Litigation for and against officeholders
- Litigation seeking appointment of trustees or examiners
(US)
- Representing court-appointed receivers
- Representing all types of court-appointed receivers under
criminal compensation regimes such as the UK Proceeds of Crime Act
2002 and its predecessors