Andrew Morrison is a senior managing director in the corporate finance and restructuring segment of FTI Consulting and is based in the Cayman Islands. Mr Morrison has more than 19 years’ experience in insolvency and restructuring matters, including over six years based offshore in the Cayman Islands.
Mr Morrison has acted as an official liquidator, provisional liquidator, voluntary liquidator, receiver, director and adviser of various Cayman Islands entities.
Many of Mr Morrison’s engagements have included high-value cross-border asset recovery exercises, arising from insolvency, disputes and allegations of fraud, wrongdoing or mismanagement. These matters have also included detailed investigations, forensic analysis and reconstruction of books and records in order to support recoveries and substantial litigation claims against third parties.
Specific examples of Mr Morrison’s engagements include acting as official liquidator of a Cayman Islands investment fund that operated a complex segregated portfolio structure, which is subject to serious allegations of mismanagement and potential fraud, including intermingling of assets and the operation of a Ponzi scheme. He was also the lead director in the liquidations of Rye Select Broad Market XL Portfolio Ltd, Rye Select Broad Market Insurance Portfolio LDC and Broad Market XL Holdings Ltd, which are funds that invested in assets related to Bernard L Madoff Investment Securities LLC.
Mr Morrison is a fellow of the Association of Chartered Certified Accountants, a prize winner in the UK Joint Insolvency Examinations and a fellow of INSOL International.
Prior to joining FTI Consulting, Mr Morrison was a director in a boutique restructuring practice in the Caribbean and a director of KPMG in London.