Richard Murphy is a senior manager who acts as liquidator and director of vehicles registered in the Cayman Islands. He specialises in liquidation and director services in the Cayman Islands and the British Virgin Islands including the management and realisation of complex cross border assets in distressed vehicles. He has extensive experience in a number of investment strategies including, structured finance, crypto assets, life settlements, distressed debt, trading businesses, non-performing loans, land and real estate and other private equity strategies. Richard also manages liquidations of solvent companies and funds across multiple jurisdictions.
Richard provides fiduciary services and support to clients who are winding down their operations outside of a liquidation and has experience in providing cost and resource efficient platforms to allow ongoing vehicles to wind down their operations outside of the statutory framework of a liquidation. They include large US real estate funds, offshore restructuring vehicles, litigation funding vehicles and various distressed funds with assets in the US, India and Europe.
He has over ten years restructuring and advisory experience and began his career with Ireland’s largest restructuring team, gaining onshore experience in business turnarounds, pre- pack receiverships, and contentious liquidations. Richard then joined the internal restructuring unit of AIB Bank where he was responsible for management and reporting on the deleveraging of the bank’s non- performing loans and other non-core assets. In 2013 Richard moved to a boutique offshore insolvency firm in the Cayman Islands where he gained experience in the restructuring and wind down of offshore funds and companies registered offshore.
Richard is an associate member of the Institute of Chartered Accountants in Ireland and a member of the Restructuring and Insolvency Specialists Association in the Cayman Islands, INSOL International and the Cayman Islands Society of Professional Accountants. Richard is currently studying to become an INSOL Fellow on the Global Insolvency Practice Course provided by INSOL International.