Insolvency Remedies for Offshore Fraud: Closing the Net on the Bad Guys

Carribean Insolvency Symposium

Scott M. Berman
The Westin Grand Cayman Seven Mile Beach Resort & Spa, Cayman Islands
January 9, 2019

FK partner Scott Berman will speak at this year's Carribean Insolvency Symposium, to be held by the American Bankruptcy Institute and the Recovery and Insolvency Specialists Association between January 7-9 in Grand Cayman.  Mr. Berman will sit on a panel entitled "Insolvency Remedies for Offshore Fraud: Closing the Net on the Bad Guys."

The panel will discuss recent developments in offshore law which have increased the effectiveness of the tools available to trace and recover assets through the offshore insolvency process. The panel will be conducted in a formal debate style, using the format of first proposition followed by first opposition, then second proposition followed by second opposition. The debates will look at the illegality defense, clawback claims, the dishonesty test and foreign officeholder recognition, among other issues. Each debate will be seven minutes with a four-minute closing, followed by a vote.

Mr. Berman's co-panelists will include Collete Wilkins of Walkers Global, Hugh Dickson of Grant Thornton LLP, and Nava Hazan of Squire Patton Boggs.  The panel will be moderated by Laura Hatfield of Solomon Harris.