Andrew Morrison specializes in restructuring advisory matters. Mr. Morrison has close to 20 years of experience including six years based in the Cayman Islands. He has industry expertise in several areas, including financial services, real estate and oil & gas.
Mr. Morrison has particular expertise in investment funds and banking, having worked for three years in a UK Big 4 accounting firm that focused on delivering large-scale wind-down projects. His experience also includes two separate long-term client secondments to major international banks, during which time he was involved in transacting debt-for-equity swaps, property participation agreements, single debt disposals, portfolio debt disposals, sale of business processes, business and asset sales and wind-downs.
Mr. Morrison has acted as an adviser, director, liquidator and receiver of various Cayman Islands investment funds and other entities. He has delivered wind-down, financial due diligence, sell-side and restructuring options advice in over 70 situations across a broad variety of markets and sectors. Specific examples of Mr. Morrison's previous engagements include acting as liquidator of a group of funds with over 1,100 investors and$70 million invested in trade receivable assets, leading wind-down realization strategy and managing significant legal claims. He also has managed the wind-down and liquidation of a closed-ended fund invested in life insurance policies with over 200 investors based in LATAM.
Mr. Morrison's other recent experience includes the wind-down of a USD$30 million fund of funds involving the sale of illiquid investments to secondary market purchasers, as well as the provisional liquidation of a Cayman registered hedge fund invested in high-value listed securities following a stakeholder dispute. Mr. Morrison's also has acted as court-appointed receiver to wind-down an FX fund following the Swiss National Bank's unexpected decision to unpeg the Swiss franc and Euro.
Mr. Morrison is a Fellow of Association of Chartered Certified Accountants, as well as a Fellow of INSOL International (Global Insolvency Practice Course class of 2014/15). In addition, he was named a 2006 Prize Winner by the Joint Insolvency Examinations Board.
T: +1 345 743 6833
Suite 3212, 53 Market Street
Grand Cayman, KY1-1203
Restructuring / Turnaround Services