Lachlan Greig

Biography

Lachlan Greig is a member of our Litigation, Insolvency and Restructuring team in the Cayman Islands.

He advises liquidators, receivers, companies, directors, shareholders and creditors on a variety of contentious and uncontentious matters. He has particular experience in asset tracing, preservation and enforcement in fraud matters, cross border liquidations, and shareholder disputes.

Prior to his move offshore, Lachlan worked for Henry Davis York (now Norton Rose Fulbright) and then Baker McKenzie in their tier 1 Sydney insolvency and litigation teams. Lachlan regularly appears before the Grand Court of the Cayman Islands and, during his practice in Sydney, appeared before the District and Supreme Courts of New South Wales and the Federal Court of Australia.

Some of his recent experience includes:

  • Acting for the liquidators of a Cayman Islands fund defrauded by its previous controllers;  
  • Acting company-side on a number of high value and highly contentious share valuation proceedings under section 238 of the Companies Law;  
  • Acting for a foreign judgment debtor in its international efforts to locate and enforce against foreign assets; and
  • Obtaining first of its kind relief in the Cayman Islands in relation to the sanction of a third party litigation funding agreement.
  • Advising BNP Paribas and Industrial and Commercial Bank of China, the senior lenders, on the recently completed restructuring of Mongolian Mining Corporation. The restructuring was complex and truly cross border, executed by way of a Cayman Islands provisional liquidation, parallel schemes of arrangement under the laws of the Cayman Islands and Hong Kong, and recognition of the Cayman Islands provisional liquidation proceedings and schemes of arrangement in the United States.

Lachlan frequently co-authors articles and contributes to The Offshore Litigation Blog. He is a Professional Member of the Australian Restructuring Insolvency & Turnaround Association and a member of the Cayman Islands Recovery & Insolvency Specialists Association.

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