Collas Crill

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Recognised for its 'excellent strength in depth and ability to take on complex, high-value, multi-jurisdictional cases', Collas Crill‘s practice continues to act in high-profile and complex multi-jurisdictional insolvencies and restructurings. Widely regarded for his expertise in high-value shareholder merger appraisal litigation, especially against multi-billion dollar Chinese companies, Rocco Cecere routinely appears before the Court of Appeal. Matthew Dors is particularly noted for representing liquidators and stakeholders in contentious insolvencies and restructurings, while Jennifer Colegate regularly handles cross-border workouts and liquidations. Office managing partner Stephen Leontsinis leads the department and is active in multi-jurisdictional liquidations; he also leads the arbitration practice.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Excellent strength in depth and ability to take on complex, high value, multi-jurisdictional cases. Fantastically responsive and reliable, giving you complete confidence.’

  • ‘Stephen Leontsinis is a fantastic leader of his team, a great advocate for the firm, and an excellent technician.’

  • ‘Rocco Cecere is a star - the best in the business when it comes to s. 238 proceedings in the Cayman Islands.’

  • 'Matthew Dors is one of the best advocates in Cayman. His ability to react and re-formulate arguments to combat opponents, on his feet is something i haven't seen other lawyers do.'

  • 'Collas Crill stand outs in terms of sophistication, clarity of purpose and efficient work product in the Cayman litigation contact.'

  • 'Rocco Cecere is the most knowledgeable lawyer in the Cayman Islands when it comes to s. 238 litigation in particular and he is also the most pleasant, reliable, ethical and user-friendly person to work with, so for us there really is no alternative.'

  • 'Stephen Leontsinis is superb - the best litigator in Cayman.'

Key clients

  • Interpath (formerly Kalo Advisors)
  • FTI Consulting
  • Ernst & Young
  • FourWorld Capital Management
  • RH Restructuring (Cayman) Limited
  • Elliott Advisors
  • Millennium Management LLC
  • Bank of New York Mellon
  • Development Specialists Inc,
  • Athos Capital Limited
  • Cooley LLP
  • HBK Fund
  • Quantuma
  • Alpine Partners
  • Palliser Capital Master Fund Ltd
  • Corbin Capital
  • QVT Family Office
  • Kite Lake Capital
  • Boothbay Capital
  • Hudson Bay Capital

Work highlights

  • Acted for Royal Park Investments as the assignee of claim rights of the structured credit portfolio of Fortis Bank, in a $5bn claim against certain Standard & Poor's entities for loss suffered as a result of fraudulent credit ratings being ascribed to certain collaterised debt obligations.
  • Advised sovereign wealth fund GIC Private Limited, as a creditor pursuing a $190m claim against a gas exploration company and the guarantor of a convertible bond.
  • Acted for a group of private equity funds in a merger appraisal case against 58.com, following 58.com's $8.7bn take private deal.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Stephen Leontsinis
Stephen is Managing Partner and head of the Dispute Resolution department in the Cayman Islands. He has a demonstrated history of advocacy in the practice of corporate and commercial litigation, with an emphasis on offshore insolvency and restructuring of companies. Stephen's practice has a strong focus on company law including corporate insolvency; schemes of arrangements; capital reductions; shareholder disputes; director's liability; international asset tracing; the enforcement of foreign judgments; worldwide Mareva injunctions, Anton Piller orders, and Norwich Pharmacal orders. Stephen has significant contentious litigation experience arising from the representation of both liquidators, shareholders and creditors of companies and hedge funds including the claw back of fraudulent conveyances and undue preferences, allegations of investment fraud and investment manager disputes. Since his appointment as Head of Dispute Resolution, Stephen has grown the team from two to eight lawyers, all with a strong background in insolvency and restructuring matters. Prior to joining the firm Stephen spent two and a half years in Miami as a member of a boutique litigation firm in the United States which focused on cross border insolvency and trust disputes.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Rocco Cecere
Partner. Rocco is an experienced offshore commercial litigator, specialising in international insolvency and restructuring, and investment fund disputes. He has extensive experience conducting complex cross-border litigation, often involving fraud and asset tracing. Rocco is recognised as a thought leader and leading practitioner in section 238 “fair value” petitions, and has acted for dissenting shareholders in most of the major cases, including 58.com Limited, eHi Car Services Ltd, Bitauto Holdings Limited, Nord Anglia Education, iKang Healthcare Group, Qunar Cayman Islands Ltd, Zhaopin Limited, and Kongzhong Corporation. Rocco is recognised by Legal 500 as a Next Generation Partner and has been recommended by Legal 500 since 2016.  He has been praised by his clients and peers for his strong technical skills and strategic and commercial acumen. Prior to joining Collas Crill in 2019, Rocco spent six years at another leading law firm in the Cayman Islands.  Before this, he gained valuable practical investment fund experience acting as European Head of Legal Affairs for one of the world’s largest hedge fund service providers.
Jennifer Colegate
Partner. Jennifer is a commercial litigator specialising in cross-border insolvency and restructuring . Jennifer has extensive experience advising on various issues arising in complex cross-border insolvencies, most notably arising from her engagement by the provisional liquidators to a number of Lehman Brothers entities in the Asia-Pacific region, and more recently in connection with the liquidation of Caledonian Bank Limited.   Jennifer has assisted in advising on restructurings of SIVs, RMBS vehicles and other structured products adversely affected by the financial and liquidity crises touching on a range of jurisdictions. Related to her insolvency work, Jennifer has regularly advised on matters concerning asset-tracing and recovery. Prior to moving to Cayman, Jennifer worked at Mayer Brown JSM, Hong Kong in their Asian restructuring team. Before moving to Hong Kong in 2012, Jennifer was a senior associate in London specialising in contentious insolvency matters, having joined Mayer Brown International LLP in 2007 following completion of pupillage at South Square Chambers. In addition to her time in private practice, Jennifer has spent extended periods of time on secondment to banking clients in both London and Hong Kong. Notable Engagements: Advising the liquidators of nine Lehman Brothers Hong Kong entities on a range of issues and reported cases arising (2009-2016) Advising the Vietnamese ship building corporation, Vinashin, on issues concerning an English law scheme of arrangement Advising the receivers in restructuring the Golden Key. SIV Advising the liquidity providers of the Cheyne Finance SIV Advising the liquidator of New Cap Reinsurance on an application under s426 Insolvency Act 1986 for the purpose of instigating clawback actions

Practice head

The lawyer(s) leading their teams.

Stephen Leontsinis

Other key lawyers

Rocco Cecere, Matthew Dors, Jennifer Colegate