Offshore law firm Forbes Hare is set to open an office in London.
The firm which currently has offices in the British Virgin Islands and the Cayman Islands, is well known for its strengths in cross-border litigation and insolvency and is heavily involved in Madoff-related litigation, acting for the liquidators of Fairfield Sentry and Mount Capital, two of the largest Madoff feeder funds.
Forbes Hare has a broad-based corporate insolvency practice, and acts for creditors, debtors and office holders in a variety of insolvency and restructuring situations.
The firm also has a renowned cross-departmental distressed funds group, and regularly advise stakeholders and functionaries of all types in relation to their rights, obligations and available options.
The firm has advised and acted in relation to insolvent hedge funds and private equity funds, both in relation to their restructuring, and on behalf of liquidators of such funds.
The London office will bring the firm closer to many of its clients. Managing partner, William Hare, said: “Forbes Hare’s growth is a by-product of the service it offers clients. A significant number of those clients are either in London or in places better served from London, so we see this as a logical development.”
“We focus on providing a high quality service to a sophisticated and discerning client base,” said Hare. “The majority of our lawyers will continue to practise in the BVI and Cayman Islands, but we believe that a London office will usefully augment the services we can offer.”
Corporate and investment funds partner Catherine Ross will be joining the firm in London, with the firm set to announce further recruits shortly.
Forbes Hare is recognised by leading legal directories, Legal 500 and Chambers Global, for its expertise in relation to insolvency and litigation.