36 ASIAN LEGAL BUSINESS – AUGUST 2024 WWW.LEGALBUSINESSONLINE.COM ASIA TOP OFFSHORE LITIGATORS 2024 Cayman Islands law (admitted in 2012) and BVI law (admitted in 2021), Gomez brings over 18 years of post-qualification experience, having initially qualified in England & Wales in 2005. One of Gomez’s major cases involves representing the joint liquidators of Three Arrows Capital (3AC), Christopher Farmer and Russel Crumpler of Teneo (BVI). The collapse of 3AC, caused by extreme fluctuations in cryptocurrencies in 2022, has led to multi-jurisdictional proceedings with debts exceeding $3 billion and assets primarily comprising disputed crypto assets. In another significant case, Gomez acts on behalf of FamilyMart China Holding as Cayman counsel in its shareholding dispute with China CVS (Cayman Islands) Holding Corporation (CCH). This complex case involves inspectorship proceedings and a petition to wind up CCH on just and equitable grounds. The matter saw a landmark ruling by the Judicial Committee of the Privy Council on the arbitrability of winding up petitions in the Cayman Islands. Gomez also represents the joint official liquidators of CW Group Holdings Limited. Acting as Cayman counsel for Bank of China (Hong Kong) Limited and Fubon Bank (Hong Kong) Limited, Ogier advises the joint liquidators from PwC on the liquidation process, overseeing multi-jurisdictional proceedings and investigations related to the case. Oliver Payne partner, Ogier, Hong Kong Oliver Payne is a partner at Ogier’s Hong Kong office and serves as the head of dispute resolution in Asia. Joining Ogier Cayman from Herbert Smith in 2009, Payne has been pivotal in expanding Ogier’s Disputes and Restructuring & Insolvency (R&I) practice in the Asian market. Since his promotion to partner in 2016, he has overseen the growth of the team from three to 16 members. One of Payne’s significant cases involves acting for the joint liquidators of Three Arrows Capital Ltd (3AC). Ogier, as BVI Counsel, was crucial in the application to appoint joint provisional liquidators and the subsequent winding-up proceedings against 3AC. Payne continues to advise on this multi-jurisdictional liquidation process, which involves debts exceeding $3 billion and a substantial amount of crypto-assets. Payne is also representing Waterwood O2O Project Limited in Cayman fair value proceedings related to a $125 million investment in Xiaodu Life Technology. This case, notable for its scale, went to trial earlier this year. In another high-profile matter, Payne acts for FamilyMart China Holding, regarding its shareholding in China CVS (Cayman Islands) Holding Corporation. This case recently saw a landmark decision by the Judicial Committee of the Privy Council on the interplay between arbitration clauses and just and equitable winding-up proceedings in the Cayman Islands. Additionally, Payne leads the team representing Tianrui (International) Holding Limited in a petition to wind up China Shanshui Cement Group Limited. This litigation has involved significant interlocutory issues and multiple appeals, reflecting Payne’s expertise in complex cross-border disputes. Image: Sirikarn Rinruesee/Shutterstock.com Methodology Lawyers were invited to submit for this list between the months of April and May 2024. • To be eligible, they needed to be either based in Asia full-time or do a significant amount of work related to Asian jurisdictions. • The lawyers were selected based on their high-profile cases, clients’ recommendations, and feedback from the market.
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