Shane Crooks has very strong expertise in the field, particularly with regard to formal insolvency appointments. He is regularly engaged on matters with a cross-border element.
Shane is a chartered accountant and licensed insolvency practitioner who specialises in formal insolvency appointments. He has a particular focus on complex and contentious assignments featuring investigations, asset tracing and litigation, often of a cross-border nature. Shane has previously spent 15 months on secondment at the corporate restructuring unit of the Royal Bank of Scotland, dealing with distressed borrowers with syndicated facilities or bilateral facilities in excess of £20 million.
Representative matters include: appointment as court-appointed receiver over substantial private equity interests held by Sebastian Holdings, Inc, a Turks and Caicos Islands-registered company owing a significant judgment debt to Deutsche Bank AG; appointment as court appointed receiver and manager to conduct two complex and high-profile litigation claims in the name of the Libyan Investment Authority against Société Générale SA and others and Goldman Sachs International; the administration of various companies in the NSBI Group, a Cypriot-based shipping group operating a fleet of oil tankers; the liquidation of The Rangers Football Club PLC; appointment as nominee and supervisor in respect of the CVA proposed by Abengoa Concessions Investments Limited, which formed a key part of the global financial restructuring of the Abengoa Group; and providing support to the expert witness instructed by the defendants in the case of Carlyle Capital Corporation Ltd and others v Conway and others, which involved claims of around US$2 billion.