Paul Kennedy

Practice Areas

Paul is the Lexology Client Choice “Insolvency Lawyer of the Year 2024” for the Cayman Islands and is described by directories as “a very user-friendly, smart lawyer who gives clear and concise advice and is very good from a strategic and commercial standpoint”, “a great litigator, [with] exceptional negotiating skills” and "the go-to name for contentious insurance work".

Paul is a partner at Campbells based in the Cayman Islands. His practice covers cross-border insolvency and asset recovery as well as economic sanctions and other asset freezing measures

Professional Memberships

RISA

Academy of Financial Crime Litigators

IBA Asset Recovery Committee

Work Highlights

Re Vanguardia Group FSD 185-191 of 2019 (Richards J): Lead attorney to liquidators of the Biscayne group of companies; pursuing claims in relation to international Ponzi scheme; judgments and recoveries exceeding US$100m to date.

In the Matter of Performance Insurance Company SPC (in Official Liquidation) FSD 70 of 2021 (Parker J): Successfully challenged liquidators of captive insurance company on conflicts and fee allocation; acted as lead advocate at various hearings in Grand Court and currently before Court of Appeal.

Palladyne International Asset Management B.V. v Upper Brook and Ors, FSD 68 of 2016 (Segal J); CICA Appeal No. 5 of 2019; JCPC 2020/0029: Economic sanctions; authority issues; writ process; collateral and express undertakings; admission of overseas counsel; coordination with overseas proceedings; letters of request; privilege; leave to appeal as of right and special leave.

Pearson (Appellant) v Primeo Fund (Respondent), [2017] UKPC 19: (Lord Neuberger, Lord Mance, Lord Clarke, Lord Sumption, Lord Carnwath)

Claims by redeeming shareholders; priority.

Primeo Fund (In Official Liquidation) v EY, FSD 30 of 2010 (McMillan J): Delivery up of audit papers; improper use of liquidators’ powers; indemnity costs orders in liquidation proceedings.

Languages Spoken

Spanish

Expert in these Jurisdictions

Cayman Islands

British Virgin Islands

Ireland (Non Practising)

Awards