Mr Mark Goodman > Campbells > Grand Cayman, Cayman Islands > Lawyer Profile

Campbells
FLOOR 4, WILLOW HOUSE
CRICKET SQUARE
GRAND CAYMAN KY1-9010
Cayman Islands
Mark Goodman photo

Work Department

Litigation, Insolvency & Restructuring

Position

Partner

Career

Mark is a partner in our Litigation, Insolvency & Restructuring Group where he specialises in insolvency, restructuring and investment fund litigation. Mark advises and appears in the Cayman Islands Courts on behalf of provisional and official liquidators, creditors, shareholders, directors, managers and other professional service providers in relation to a broad range of pre and post liquidation disputes. He has acted in litigation involving widely varying commercial contexts and structures, but his practice principally involves distressed and failed investment funds.

Notable instructions include acting for the JPLs of Luckin Coffee, Inc., a holding company for a group owning and running coffee shops throughout the People’s Republic of China, in a US$1 billion debt restructuring suit; acting for the Receivers of Green Dragon Gas, the largest company involved in the production of Coal Bed Methane gas and its distribution and sale in the PRC, in a US$300 million cross-border where Campbells is appointed as bond trustee; ating for a major fiduciary services provider in third party proceedings against Tangerine Investment Management Limited in a GBP150 million vicarious liability and breach of contract claim; and acting for the trustees of a high-value family trust, LOPAG Trust Reg. who are defendants to proprietary claims by two of the discretionary beneficiaries.

Mark regularly publishes articles and speaks at seminars and conferences on issues relevant to insolvency, restructuring and investment fund litigation.

Memberships

  • Law Society of England & Wales
  • Cayman Islands Law Society
  • INSOL
  • American Bankruptcy Institute
  • Chairman, Recovery & Insolvency Specialist Association (Cayman) Ltd. (RISA)
  • International Insolvency Institute

Lawyer Rankings

Cayman Islands > Dispute resolution

(Leading individuals)

Mark GoodmanCampbells

Campbells has a leading role in handling cross-border investment fund litigation, shareholder disputes and Ponzi scheme lawsuits, as well as just and equitable winding up petitions, an area in which Liam Faulkner and Guy Cowan have recently been active. Faulkner’s expertise is also utilised in shareholder and investment fund disputes, while commercial litigation and international arbitration specialist Andrew Pullinger is regarded as an ‘energetic and committed’ lawyer. Guy Manning leads the litigation, insolvency and restructuring team, while Mark Goodman specialises in distressed and failed investment fund litigation. Paul Kennedy is noted for his engagement in fraud and asset recovery matters, while Hamid Khanbhai regularly handles cross-border disputes.

Cayman Islands > Insurance/reinsurance

Campbells‘ insurance practice fields a team of experienced practitioners, and its ‘breadth of experience makes it a go-to team‘ in the insurance and reinsurance space. Handling contentious and non-contentious matters, the practice routinely advises some of the largest insurance carriers in the Caribbean and several Cayman government agencies in high-profile insurance disputes ranging from property damage claims to personal injury proceedings to P&I insurance matters. Corporate group head Alan Craig is noted for advising reinsurers in Cayman as well as foreign insurers participating in the domestic market, while Mark Goodman specialises in liquidation claims. Paul Kennedy‘s experience ranges from contentions insurance matters to coverage, regulatory and solvency matters. Jeremy Durston focuses on advising captives, insurance segregated portfolio companies, and underlying insureds on regulatory and solvency matters, as well as on directors’ duties claims, while Liam Faulkner is recommended for his specialism in shareholder and investment fund disputes.

British Virgin Islands > Dispute resolution

Campbells‘ team is lauded for its ability to integrate technical expertise with commercial considerations, making it ‘a valuable asset for anyone involved in litigation’, including multinational companies and high-net-worth individuals. At the helm of the team is Mark Goodman, who splits his time between BVI and Cayman, and frequently represents liquidators, shareholders, creditors and managers in a variety of liquidation disputes. Sarah Thompson, who joined from Harneys in October 2022, adds a wide-ranging dispute resolution practice, particularly within the technology and financial services sectors. Brian Child departed to Agon Litigation in mid-2022.

Comparative Guides

British Virgin Islands: Restructuring & Insolvency July 2023 This country-specific Q&A provides an overview of Restructuring & Insolvency laws and regulations applicable in British Virgin Islands.