FFP

Accountants & turnaround specialists

The firm

Founded in 2012, FFP is an independently owned firm based in the Cayman Islands and British Virgin Islands with professionals drawn from a range of fields in the insolvency, fiduciary, forensic, trust, fund administration and corporate services sectors.

FFP has earned a reputation internationally for dealing with difficult, peculiar and often fast moving and controversial situations. Our mandates usually involve restructuring, litigation and regulatory issues.

We are adept at rapidly taking control of intricate situations and structures. We control companies, partnerships and trusts in a wide range of jurisdictions throughout the Caribbean, US, most major European jurisdictions, South America, Africa, the Middle East and Asia.

Our cases involve significant application of experience and judgment. We are known for being decisive and proactive. We do not stand on ceremony or get lost in unnecessary bureaucracy and pride ourselves on being straightforward people to deal with. We have been recommended in several market leading publications for our work in insolvency, asset recovery, restructuring and trust disputes. Most of our work comes from word of mouth recommendations, litigation counsel and existing clients.

Recent and current engagements include acting as:

  • liquidators of Silicon Valley Bank seeking the recovery of $500m+ from the US FDIC;
  • replacement managing member and director defending an alleged $250m US investment fraud;
  • receivers and directors to a $4bn private equity fund subject to an ownership dispute and managing the sale of one of the largest consumer brands in the US; replacement trustees defending multi-billion dollar forfeiture actions in relation to an Asian sovereign wealth fund scandal;
  • directors in three listed multi-billion-dollar oil and gas restructurings in the US, Cayman Islands and Brazil;
  • replacement general partner to one of the largest PE fund restructurings in the Middle East embroiled in litigation;
  • directors winding down an emerging market trade finance fund with c$1bn of lending;
  • liquidators to a complex of offshore entities involved in an alleged tax scheme by the US IRS;
  • liquidators of a Ponzi scheme in central, South America and the USA securing a jury award in US Federal Court of nearly $100m against a global bank; and
  • liquidators and trustees to Madoff feeder funds resulting in two appearances in the Privy Council on previously untested areas of law

We also get involved in a wide range of smaller situations, particularly if they look interesting and involve emerging markets or require thoughtful or innovative solutions.

Services offered

Rarely are we engaged on a matter in a one-dimensional approach. What distinguishes us from our competitors is that we will act in multiple capacities across a variety of entities in a range of jurisdictions within the same engagement.

Contact us

Address

2nd Floor, Harbour Centre, 159 Mary Street, George Town, Grand Cayman / 2nd Floor Water’s Edge, Wickhams Cay II, Road Town,Tortola VG1110, British Virgin Islands

Telephone

Grand Cayman: +1 345 947 5854 / BVI: +1 284 494 2714

Website

http://www.ffp.ky

New business contacts

Michael Pearson
T: +1 345 640 5860
E: michael.pearson@ffp.ky

Andrew Childe
T: +1 345 640 5858
E: andrew.childe@ffp.ky

Anna Silver
T: +1 284 494 2716
E: anna.silver@ffp.vg

Offices

Cayman Islands
British Virgin Islands

Licensed insolvency Practitioners and year they received their licence

Michael Pearson – 2005
Anna Silver – 2013
Andrew Childe – 2014