Skip to content

Menu

Kris Beighton

Co-Chair, International Financial Centres

Kris Beighton is Co-Chair, International Financial Centres with Teneo’s Financial Advisory business, having joined the firm following Teneo’s acquisition of KPMG’s Cayman Islands Restructuring business.

Prior to Teneo’s acquisition, Kris was a partner in KPMG’s Deal Advisory practice in the Cayman Islands. He has led many significant multi-jurisdictional engagements covering the full range of in/out of court restructuring and winding up procedures. Kris has been highly successful in managing various stakeholders’ interests or concerns to achieve optimal outcomes across varied investment vehicles and industries.

Kris is a UK licenced and qualified insolvency practitioner in the Cayman Islands and is a Fellow of the Institute of Chartered Accountants in England & Wales. He has been appointed in various roles in the Cayman Islands, UK, BVI, Hong Kong and Ireland.

 

Selected Project Experience:

Kris has over 25 years of international experience including Cayman Islands proceedings with both Chapter 11 and 15 aspects. Kris is also experienced in both BVI and Cayman Islands Voluntary and Compulsory Liquidations, as well as UK Administrations, Receiverships and Liquidations. More specifically, Kris has worked on the following notable issues and engagements:

  • Appointment as Joint Provisional Liquidator over three financing vehicles of Latam Airlines Group S.A. to facilitate a cross-border restructuring involving a Chapter 11 process in the United States along with concurrent proceedings in Latin America.
  • Joint Voluntary Liquidator of Global Partnership Fund, LP, an exempted limited partnership acting as a private-equity vehicle with investments located throughout various jurisdictions globally including India, Korea the United Kingdom and Brazil.
  • Joint Voluntary, Provisional and Official Liquidator of certain Enron Group of Companies, working in tandem with the companies’ filings for Chapter 11 in the United States to facilitate a multi-jurisdictional restructuring.
  • Joint Official Liquidator of Vantage Drilling Company, an offshore drilling group with circa US$2.7 billion in secured debt prior to completing a Chapter 11 process in the US.
  • Joint Provisional Liquidator of Ambow Education Holdings Ltd, a provider of educational and career development services in the PRC.
  • Premium Point Entities, appointed Joint Official Liquidator over eight entities whose investment manager is being investigated by the United States Securities and Exchange Commission with regard to the valuation of certain structured products and other assets held by various Premium Point Entities.
  • Joint Provisional and subsequently Joint Official Liquidator of two high-profile leveraged investment funds – Bear Stearns High-Grade Structured Credit Strategies Master Fund, Ltd and Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Master Fund, Ltd. – with principal investments in CDOs, CLOs and other asset-backed securities.
  • Joint Voluntary Liquidator of Accipiter Life Sciences Fund II (Offshore) Limited which involved working with investors and the investment manager to develop and implement a strategy to realize the fund’s illiquid portfolio of investments over an extended period of time.
  • Advisor to two Cayman-based Amaranth entities facilitating the winding down of operations, and realization and distribution of the funds’ remaining assets to its investors.
  • Joint Receiver of Mainsail II Ltd, a Cayman-based issuing vehicle for a US$4.5 billion residential, commercial mortgage and CDO asset backed programme, facilitating a major multijurisdictional cross-border restructuring.

Related Insights

People