Michael Pearson

Highlights

Within his role at JTC Special Situations, he is an independent director, liquidator, trustee and advisor specialising in providing independent governance and dispute resolution advice to companies, partnerships, trusts and other financial structures.

Michael currently acts as a director and liquidator to several hedge funds and other investment holding company boards, both offshore and onshore. Michael regularly deals with particularly difficult and contentious situations, often involving high value litigation or regulatory issues.

With over 25 years’ experience in the financial services sector, Michael occupied various senior roles in the insolvency teams of Big Four accounting firms prior to founding FFP Cayman in 2012.

In recent years, Michael has been involved in some of the highest profile offshore situations. On the plaintiff side he successfully sued a global bank in a Ponzi scheme for over $100m, mediated against law firms and fiduciary firms and brought actions against auditors. He was recently appointed as liquidator of Silicon Valley Bank NA to recover several hundred million dollars of assets. On the defensive side he has successfully worked to defend funds and investors against insider trading and forfeiture actions. He has also acted as an independent director and special committee member in several multi-billion dollar contested bond restructurings.

Michael is a fellow of the Institute of Chartered Accountants in England & Wales and a UK licensed and Cayman qualified Insolvency Practitioner. He is a member of INSOL International and is the founding chairman of the Restructuring and Insolvency Specialists Association in the Cayman Islands. He is registered with the Cayman Islands Monetary Authority as an Approved Director, approved by the BVI Financial Services Commission as a Director and is registered as an insolvency practitioner with the DIFC Registrar of Companies.