Hamid Khanbhai - Senior Associate, Campbells Grand Cayman - Litigation


Hamid is a senior associate in our Litigation, Insolvency & Restructuring group and has extensive experience dealing with large-scale multi-party cross border disputes.

Written and oral advocacy is an important part of Hamid’s practice, in addition to advisory work. Prior to coming to the Cayman Islands, Hamid gained significant experience as a barrister in London, where he has appeared as sole and junior advocate in relation to a wide number of commercial disputes. In the Grand Court of the Cayman Islands, he has recently successfully resisted an application for freezing and proprietary injunctions over cryptographic tokens and rights to cryptographic tokens.

Hamid regularly publishes on issues relevant to insolvency, restructuring and investment fund litigation. He welcomes opportunities to speak at seminars and conferences, recently speaking at an INSOL panel.

Hamid is admitted to the Bars of the Cayman Islands, the British Virgin Islands and England & Wales. He is a Fellow of INSOL.

Hamid joined Campbells in 2015.


  • Commercial Litigation
  • Insolvency and Restructuring
  • Cryptoassets
  • Investment Fund Disputes

Work Highlights

Hamid acts for liquidators, creditors, shareholders, directors, managers and other professional service providers in litigation and in relation to a broad range of pre and post liquidation disputes.

A significant part of Hamid’s recent work has included advising and acting for companies (token issuers, investment funds), directors, and investors in connection with investments in cryptoassets.

  • Acting for the restructuring officers of Luckin Coffee Inc.
  • Appearing as advocate for the respondent, in a 5-day hearing, successfully resisting an application for freezing and proprietary injunctions over cryptographic tokens and rights to cryptographic tokens.
  • Appearing as advocate for the company in a members’ scheme of arrangement which effected a multi-billion dollar demerger.
  • Advising bondholders holding US$140m of debt in relation to the US$4bn restructuring of a prominent oil services group by way of 4 inter-related schemes of arrangement. Hamid was sole representative of the bondholders at the convening hearing and the subsequent scheme meetings.
  • Acting for the successful custodian and administrator in relation to a commercial claim for around US$2bn, which was brought by a fund that had placed its assets for investment with Bernard Madoff.
  • Advising on a STAR Trust in connection with the restructuring of a Brazilian company with more than US$1.9bn of debt.
  • Various section 238 ‘fair value’ petitions – advising the company or dissenters.

Qualifications and Admissions

  • Barrister of the Eastern Caribbean Supreme Court (British Virgin Islands), 2017 (non-practising)
  • Attorney at Law Cayman Islands, 2015
  • Barrister admitted to the Bar of England and Wales, 2011 (non-practising)
  • Bar Professional Training Course – City University, 2011
  • Graduate Diploma in Law – City University, 2010
  • Magdalen College, University of Oxford – MSt History, 2006
  • Princeton University – William Alexander Fleet Fellow, 2004-2005
  • Magdalen College, University of Oxford – BA (Hons) Modern Languages (French and Spanish), 2004

Professional Associations

  • The Honourable Society of the Inner Temple
  • COMBAR (Commercial Bar Association)
  •  Fellow of INSOL

Publications and News


  • From the Coronation Cases to Coronavirus – A Short History of Frustration.
    In business, contractual counter parties have been considering how unforeseen “supervening” events affect the rights and obligations of their agreements. Much has been written recently on ‘frustration of contracts’ (as well as the various other kinds of frustration), but where does this concept come from and is there anything to be learned from history about how might it be applied today?
  • Covid-19 Impact: Restructuring Debt in the Cayman Islands.
    As companies across many sectors look to restructure company and group debt in the face of demand and supply shocks that have rocked the global economy, advisors will need to carefully consider the restructuring forum.

Client Advisories

  • Marex: UK Supreme Court Reflects on Loss.
    In its long-awaited judgment in Sevilleja v Marex Financial Ltd [2020] UKSC 31, the UK Supreme Court has clarified the rule barring the recovery of reflective loss, which is likely to be of importance in most common law jurisdictions. The Court has narrowed the application of the rule to shareholders seeking to recover loss suffered in their capacity as shareholder.