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Ogier's head of R&I recognised as insolvency industry leader

News

31 July 2024

Guernsey

1 min read

ON THIS PAGE

The head of Ogier's global Restructuring and Insolvency team, Guernsey-based partner Mathew Newman, has graduated from the International Association of Restructuring, Insolvency & Bankruptcy Professionals' (INSOL) prestigious Global Insolvency Practice Course, and is now recognised as a Fellow of INSOL International.

The Global Insolvency Practice Course is the pre-eminent advanced educational qualification focusing on international insolvency and restructuring covering global insolvency laws, regulations and procedures.

Mathew said: "INSOL recognises that continued professional development is essential. It was a privilege to learn alongside leading insolvency and restructuring professionals from lots of different jurisdictions and the resulting knowledge will add to Ogier's expertise in complex, cross-border restructuring and insolvency."

Mathew is the third Ogier Restructuring and Insolvency (R&I) specialist to graduate from INSOL's Global Insolvency Practice course, with INSOL Fellows Marc Kish (Cayman) and Justin Davis (Hong Kong) already recognised as leaders in the profession. 

Known as "the lead insolvency lawyer in Guernsey" (Chambers UK 2024), Mathew's practice encompasses commercial and financial dispute resolution, with a special focus on contentious insolvency and restructuring and regulatory matters, schemes of arrangement, shareholder disputes and matters involving investment schemes. 

Mathew is a qualified commercial mediator and is a member of the executive committee of ARIES, the local chapter of INSOL International. He is a member of the Guernsey insolvency law reform committee, the Insolvency Lawyers’ Association, the Association of Business Recovery Professionals (R3) and is an overseas member of the Chancery Bar Association. He is also a member of the editorial board of International Corporate Rescue magazine and the Guernsey Bar Council.

Mathew's recent R&I cases include advising the administration managers of a Guernsey investment scheme, Providence Investment Funds PCC Limited, and its investment manager, Providence Investment Management International Limited, in relation to their respective claims against their auditors, PricewaterhouseCoopers, for professional negligence in respect of their alleged failure to spot the fact that both companies were being used to operate a Ponzi scheme. He also acted for the joint liquidators of a Guernsey-incorporated Madoff Feeder Fund and acting for the general partner and major creditor of a high value insolvent limited partnership in Court of Appeal proceedings.

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