Harneys Partner Andrew Thorp, who heads the firm’s British Virgin Islands (BVI) litigation and insolvency team, has been named as the first offshore member of INSOL International’s Board of Directors. INSOL International is a world-wide federation of national associations for accountants and lawyers who specialise in turnaround and insolvency. INSOL has 40 member associations worldwide with over 10,000 professionals participating as members of INSOL International.
“I am honoured to be selected as a board member for INSOL International,” said Andrew. “INSOL’s role in global finance and business is of paramount importance and I look forward to representing the offshore sector.”
Andrew also serves as Caribbean representative on the editorial board of INSOL World, the quarterly journal of INSOL International which reports on developments in the restructuring and insolvency sector. The publication is distributed to more than 10,000 members in over 80 countries.
For nearly a decade, Andrew has advised major international law firms, banks, investment funds and trust companies on all aspects of BVI contentious law. He is well known for his cross-border work and has a particular interest in international asset tracing and preservation. Much of his focus is on pre-emptive remedies including freezing orders, provisional liquidator appointments and discovery orders, often against a background of fraud. He has been instructed on successful asset retrieval matters across Asia, the CIS and South America on behalf of various banks and insolvency professionals. He is actively involved in developing insolvency law in the BVI and serves as chairman of RISA (Restructuring and Insolvency Professionals Association) in the jurisdiction.