Shaun Tracey - Senior Associate, Campbells Grand Cayman - Commercial Litigation


Shaun is counsel in our Litigation, Insolvency & Restructuring Group. Shaun represents investment funds, directors, trustees, professional firms and their insurers in high-value litigation and arbitration. He is an expert in professional liability and is the author of Don’t Shoot the Advisor: A defence lawyer’s guide to protecting your position and preventing lawsuits. Shaun joined Campbells in 2014, having trained and practised at Simmons & Simmons in London.


  • Commercial litigation – advice and advocacy in a wide range of high-value disputes, including obtaining interim relief (such as anti-suit injunctions) and bringing enforcement proceedings in respect of foreign judgments and arbitral awards
  • Professional liability litigation – defending professional firms against multi-million dollar negligence claims
  • Acting for directors of investment funds
  • Insolvency litigation – acting for liquidators and creditors in contested insolvency proceedings usually involving investment funds
  • Trusts litigation – acting for professional trustees in contested proceedings
  • Insurance litigation – advising upon policy coverage disputes
  • Fraud and regulatory investigations
  • Labour tribunal, probate disputes and other civil litigation

Work Highlights

  • Successfully defending HSBC against a $2 billion claim brought by Primeo Fund (in liquidation) in respect of the Bernard Madoff fraud. The case went to a four-month trial in the Grand Court and judgment was upheld on appeal to the Cayman Islands Court of Appeal. The case is now before the Privy Council
  • Acting succesfully for professional trustees in defending an action brought by potential beneficiaries to set aside the trust settlement, worth approximately $300 million, in the Perry v Lopag litigation
  • Acting in the defence of a Cayman Islands audit firm in an ongoing audit negligence arbitration
  • Acting in the defence of numerous commercial law firms with respect to high-value negligence claims
  • Acting for the liquidators of the Soundview companies which were used as part of a Ponzi scheme that allegedly defrauded US municipal pension schemes, including co-operating with the Chapter 11 Trustee and her US counsel
  • Acting for the liquidators of the Pacific Harbor investment fund in contentious proceedings
  • Acting for a creditor in the Platinum Partners insolvency (a $1 billion hedge fund failure) whose claim arose from Platinum’s default on its swap contracts involving Asian securities.
  • Advising a multinational company in respect of a UK Serious Fraud Office investigation into the UN Iraqi Oil-for-Food scandal

Qualifications and Admissions

  • Attorney at Law, British Virgin Islands, 2017
  • Attorney at Law, Cayman Islands, 2012
  • Solicitor-Advocate, England & Wales, 2008
  • Solicitor of the Supreme Court of England & Wales, 2005 (currently non-practising)
  • College of Law, Legal Practice Course (Distinction), 2002
  • University of Nottingham, BA (Hons), 2000

Prior Career History

  • Appleby, Cayman Islands (2011-2013)
  • Client secondments: Barclays (2006) and Travelers insurance company (2010)
  • Simmons & Simmons, London (2003-2011)

Professional Associations

  • Secretary, Cayman Islands Chapter of the Chartered Institute of Arbitrators
  • First Judicial Assistant to the Chief Justice of the Cayman Islands
  • President, Cayman Islands Chess Federation
  • Professional speaking and training

Publications and News



Client Advisories