Nick Herrod

Nick is a partner in Maples and Calder’s Cayman Islands Dispute Resolution & Insolvency team. Nick primarily focusses on high value cross-border restructurings and insolvency (both consensual and non-consensual), including schemes of arrangement and restructuring officer appointments. Nick also focusses on structuring transactions to mitigate insolvency risk.

He advises clients on a wide range of international restructurings, distressed refinancings, contentious and non-contentious insolvency matters, structured finance transactions (notably advising in relation to CLOs in distress) and derivatives-related issues. His clients include companies and other entities in distressed scenarios, investment funds, financial institutions, private equity sponsors, debt issuers, restructuring officers, official liquidators, creditor groups and shareholders involved in significant cross-border restructurings, insolvencies and distressed situations involving Cayman Islands structures.

His experience includes advising on complex restructurings, refinancings and insolvency matters involving listed companies, investment funds and multinational corporate groups, including, Ocean Rig, China Evergrande, a number of major airlines, E-House and New Ruipeng Pet Group. He regularly advises on proceedings before the Grand Court of the Cayman Islands, as well as appeals before the Cayman Islands Court of Appeal and the Judicial Committee of the Privy Council. Nick works closely with international counsel and other advisers on major cross-border restructuring and insolvency matters.

Nick joined the Maples Group in 2015, having previously practiced with Allen & Overy LLP (now A&O Shearman) in London. He is recognised as a Leading Partner by Legal 500 and is ranked by Chambers and Partners. He is a member of the Cayman Islands Insolvency Rules Committee and a regular speaker at leading restructuring and insolvency conferences and industry events, including those hosted by INSOL International and Debtwire, where he presents on cross-border insolvency, restructuring transactions and developments in Cayman Islands restructuring and insolvency law. The firm’s Restructuring & Insolvency team is ranked in Global Restructuring Review’s (GRR) GRR 30, recognising it among the world’s leading restructuring and insolvency practices.