Mark is a partner in our Litigation, Insolvency & Restructuring Group where he specialises in insolvency, restructuring and investment fund litigation. He joined Campbells in 2013 having previously worked at two respected London law firms before relocating to the Cayman Islands with another law firm in 2008.
“Mark Goodman is an exceptional lawyer and has become one of the go to lawyers in insolvency, restructuring and dispute resolution.”
-Legal 500, 2021
“One of the brightest and most effective insolvency lawyers in Cayman.” Another source expanded: “we like to use him in difficult situations. He is very robust, commercial and bright.”
– Chambers and Partners, 2020
“Mark Goodman is very strategic and astute, and he understands clients’ business extremely well. He meets issues and strong personalities head on and holds his ground, and his advice is always pragmatic.”
Legal 500, 2020
Qualifications and Admissions:
- Solicitor of the Supreme Court of England and Wales, 2004 (non-practising)
- Attorney at Law Cayman Islands, 2008
- Solicitor British Virgin Islands, 2014 (non-practising)
Areas of Practice and Expertise:
Mark advises and appears in the Cayman Islands Courts on behalf of provisional and official liquidators, creditors, shareholders, directors, managers and other professional service providers in relation to a broad range of pre and post liquidation disputes. He has acted in litigation involving widely varying commercial contexts and structures, but his practice principally involves distressed and failed investment funds.
Notable recent instructions include advising the private equity group XIO in a multi-billion dollar ownership dispute, a US$3 billion high profile and complex matter involving highly contentious and aggressive litigation being pursued in multiple jurisdictions and forums; advising the Liquidation Committee of Saad Investments Company Limited in a US$5 billion suit regarding the liquidation of SICL, including in relation to the conduct of the well-known Cayman Islands litigation brought against SICL by Ahmad Hamad Algosaibi and Brothers Company (“AHAB”); acting for a major fiduciary services provider in third party proceedings against Tangerine Investment Management Limited in a GBP150 million vicarious liability and breach of contract claim; and acting for the trustees of a high-value family trust, LOPAG Trust Reg. who are defendants to proprietary claims by two of the discretionary beneficiaries.
Mark regularly publishes articles and speaks at seminars and conferences on issues relevant to insolvency, restructuring and investment fund litigation.
- Law Society of England & Wales
- Cayman Islands Law Society
- American Bankruptcy Institute
- Recovery & Insolvency Specialist Association (Cayman) Ltd. (RISA) Board Member
- International Insolvency Institute
Recognitions and Awards:
In the 2020 Dispute Resolution rankings, Chambers and Partners recognised Mark as “one of the brightest and most effective insolvency lawyers in Cayman,”‘ adding “He is incredibly efficient and effective.” He has recognised strengths in advising on contentious restructuring and insolvency matters as well as trust disputes and liquidation proceedings. Legal 500 ranked Mark as a ‘Leading Individual’ in Dispute Resolution, Cayman Islands 2020, stating that he is “very strategic and astute, and he understands clients’ business extremely well. He meets issues and strong personalities head on and holds his ground, and his advice is always pragmatic.”
Mark was also the Cayman Islands RISA Attorney of the Year in 2019 and in 2016 and has been recognised in Who’s Who Legal Global Elite Thought Leader, Asset Recovery, Business Crime Defence, Investigations, Restructuring & Insolvency 2020; Who’s Who Legal Global Elite Thought Leader, Asset Recovery, 2019; Who’s Who Legal Leading Restructuring & Insolvency and Asset Recovery Lawyer 2018, Cayman Islands; and Who’s Who Legal Leading Restructuring & Insolvency and Asset Recovery Lawyer 2018, Cayman Islands.