Kyle BroadhurstManaging Partner, BROADHURST LLC
+1 (345) 745-8838
+1 (345) 949-7237
broadhurstllc.com
Insolvency in Cayman Islands
40 Linwood Street, P.O. Box 2503 Grand Cayman, George Town, KY1-1104
BROADHURST LLC is an offshore corporate and litigation boutique operating in and from the Cayman Islands. We work closely with our clients to identify and resolve their legal matters with practical solutions.
Show more +Kyle Broadhurst has been practicing law in the Cayman Islands since 2001. His areas of experience include insolvency, bankruptcy, fraud, judgment enforcement, trust and complex commercial disputes. Kyle is accustomed to tackling challenging areas of the law which is reflected in him having appeared in nearly fifty reported decisions. He is regularly instructed in high value matters with multi-jurisdictional elements.
Representative Work
Representative Matters:
- Broadhurst advises two to the independent directors of the general partner of one of the Abraaj funds, Neoma Private Equity Fund IV LP (formerly known as Abraaj Private Equity Fund IV LP) concerning complex issue arising out of the collapse of the single largest Middle Easters private equity group, said at one time to have had US$ 12 billion of assets under management. Various individuals in the Abraaj Group have been indicted by the US department of Justice and subjected to a complaint by the Securities and Exchange Commission. Dubai’s regulator has fined central companies in the group a record US$ 315 million for the wrongdoing that it identified.
- In the Matter of Wimbledon Financing Master Fund, Broadhurst acted initially for investors who petitioned for winding up of this US$ 100 Million dollar fund which was the victim of fraud. Broadhurst was subsequently instructed by the liquidators of the fund who as a result of proceedings in the Cayman Islands and abroad have obtained judgment and criminal convictions against the parties responsible. The liquidation has thus far given rise to two reported decisions in the Cayman Islands: In re The Wimbledon Fund SPC [2019] CILR Note 1, In re The Wimbledon Fund SPC [2017] CILR Note 10.
- In the Matter of William H. Millard, Broadhurst acted with respect to a US$123 Million dollar foreign tax judgment. Broadhurst acted on behalf of the alleged debtor and subsequently his trustee in bankruptcy. Broadhurst filed the first known debtor’s bankruptcy petition in the Cayman Islands which resulted in a stay being obtained through Chapter 15 recognition in the United States. The proceedings gave rise to three reported decisions in the Cayman Islands: Northern Mariana Is v. Millard [2014] 1 CILR 342, In re Millard [2013] 2 CILR 342, In re Millard [2013] 2 CILR 83.
- Masri v. Consolidated Contractors, Broadhurst acted for the Consolidated Contractors with respect to proceedings in the Cayman Islands concerning this well-known dispute. Broadhurst acted for Consolidated in its successful application setting aside an order granting leave to serve enforcement proceedings relating to a US $65 Million dollar judgment outside the jurisdiction. Broadhurst subsequently again acted in a related proceeding in which Consolidated successful set aside an order granting recognition of foreign receivership. Both proceedings resulted in reported decisions: Masri v. Consolidated Contractors [2011] 1 CILR 79, Masri v. Consolidated Contractors & Anor [2010] 1 CILR 265.
- Governor v. Information Commissioner, Broadhurst represented the Information Commissioner of the Cayman Islands in connection with the release of documents relating to the well-publicized operation Tempura. The matter resulted in two legal proceedings the decisions in both were reported: Governor v. Information Commissioner [2015] 1 CILR 258, Governor v. Information Commissioner [2013] 2 CILR 421
- Tom Jones Intl v. Attorney General, Broadhurst represented the contractor in both legal and arbitration proceedings with respect to the largest public construction project in the Cayman Islands. The legal proceedings gave rise to the following reported decision: Tom Jones Intl v. Attorney General [2010] 2 CILR Note 3
Further information concerning Kyle’s experience in these or other areas of law is available upon request.
Education, Professional Achievements and Community Activities
Kyle received his Bachelor of Arts from Queen’s University and his Bachelor of Laws from the University of Liverpool. He successfully completed the Barristers Vocational Course at the Inns of Court School of Law and was called to the Bar of England in 2000 (non-practicing). Kyle was admitted as an Attorney-at-Law in the Cayman Islands in 2001. He is an accredited mediator and Notary Public. He is a qualified trust practitioner having obtained his STEP Diploma in International Trust Management and TEP qualification.
Kyle served as a member of the Cayman Islands Chamber of Commerce Council from 2011 through 2018 initially as a member of the Chamber council and then as president.
Show more +Insolvency
Our IR Global International Insolvency Group has member firms in 30+ jurisdictions around the world. Each member is carefully vetted on their firm's expertise and experience and is not just content in being part of the industry. Our insolvency group members lead the industry they operate in through innovation and are proud to hold the highest ethical standards.
Our cross-border insolvency group offers a full global service offering including; bankruptcy, insolvency and litigation / dispute services. IR members have unrivalled experience and expertise at all stages whether it be restructuring & crisis management, mediation or through the liquidation process.