Mourant

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Peter Hayden

Mourant, Cayman Islands

Work Department

Peter is a Partner in the Litigation department in our Cayman Islands office and has extensive experience of financial services litigation and insolvency matters.

Position

Over the last 13 years Peter has acted in many of the largest and most complex cases to be litigated in the Cayman Islands.  Peter acts for the Algosaibi family in their on-going claims against Maan Al Sanea and his companies, successfully obtaining a US$2.5 billion judgment against Mr Al Sanea and settling certain claims. He also acts for the liquidators of the Madoff impacted Primeo fund, in successful resolving litigation against the Trustee in New York and the Cayman Islands, the investment manager, the Herald feeder fund – where the Privy Council has found in favour of Primeo on both the creditor and shareholder distribution issues - and in the on-going litigation against the administrator and custodian.

Peter has acted in a number of precedent setting fund liquidations (including Lancelot, Belmont and Heriot), large fraud cases (including Madoff, Dynamic Decisions, Fletcher and Alpha Re) and high profile restructurings (including Arcapita, CEVA, Eircom, Ocean Rig and Tailored Brands). He is regularly instructed to make urgent applications to obtain interim relief and/or to appoint provisional liquidators/receivers.

Education

Attorney, Cayman Islands, 2008 Granted English Higher Rights of Audience, 2002 Solicitor, England, 1996 (currently non-practising)

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