Established in 2012, Cayman Islands based RISA has swiftly grown to over 350 members. Focusing on delivering educational and networking events, RISA’s mandate is to investigate and share best practices amongst industry practitioners in the fields of insolvency, restructuring and litigation. The Cayman Islands is respected worldwide as an international financial services centre built upon solid, yet appropriate regulation, a legislative structure based on English Common Law and a stable political environment. It is the domicile of choice for the world’s hedge funds and private equity funds with over 10,000 registered alternative investment entities.

RISA is made up of an Executive Committee comprising three board directors and a company secretary. Three Sub Committees (Education, Events and Legal & Regulatory) report into the Executive Committee.


Chairman  — Declan Magennis, Director at BDO Cayman Ltd.’s corporate recovery and insolvency subsidiary, BDO CRI (Cayman) Ltd.

Declan is the Chairman of RISA, the Cayman Islands’ branch of INSOL, numbering over 400 lawyers and accountants specialising in the insolvency and restructuring business. Declan has been a member of RISA since its inception in 2012, and has been on the Education & Training Committee since its establishment.

Declan has over 16 years’ experience in restructuring and insolvency, and, before moving to the Cayman Islands, worked in the financial services and restructuring field in Ireland. He has worked on a variety of engagements, both solvent and insolvent, including voluntary, provisional and official liquidations and both creditors and shareholder resolutions procedures. Declan has also conducted financial reviews of companies for financial institutions.

Declan is a Fellow of the Association of Chartered Certified Accountants (FCCA) and obtained an LLB law degree from London Guildhall University.

In 2017, Declan was named Accountant of the Year by RISA.


Board Members

Declan Magennis, BDO (Chairman)
Rebecca Hume, Kobre & Kim
Margot MacInnis, Grant Thornton
Sam Dawson, Carey Olsen
Claire Loebell, R&H Restructuring
Mark Goodman, Campbells



The Education Committee is responsible for organising technical events for our members, including quarterly technical events, one day seminars and breakfast events.

John Royle, Grant Thornton (Chairman)
Mark Russel, KSG
Nicholas Fox, Mourant Ozannes
Cassandra Ronaldson, Kalo
Declan Magennis, BDO
Spencer Vickers, Conyers
Luke Almond, Borelli Walsh
Hugh Dickson, Grant Thornton
Katie Pearson, Harneys
Graham Robinson, Crowe Cayman Ltd.

Social & Entertainment
The Events Committee is responsible for organising social and networking events, including dinners, cocktail events, golf tournaments and other events.

Mark Goodman, Campbells (Chairman)
Rebecca Hume, Kobre & Kim
Heather Froude, Appleby
Paula Richmond, Kalo
Carolyn Lum, BDO
Tom Wright, Bedell Cristin
Ilona Groark, Ogier

Legal & Regulatory
The Legal & Regulatory Committee is responsible for representing members’ interests in terms of changes to legislation, disseminating information from the Courts and promoting best practice approaches to liquidation related matters.

Martin Trott, R&H Restructuring (Chairman)
Louise Sargison, Ersnt & Young
Michael Green, Deloitte
Sam Dawson, Carey Olsen
Kai McGriele, Bedell Cristin
Peter Hayden, Mourant Ozannes
Lachlan Greig, Harneys
Mitchell Mansfield, Borelli Walsh
Graham Robinson, Crowe Cayman Ltd

Membership & Communication
The Membership & Communications Committee is responsible for informing the membership of upcoming events, maintaining RISA’s social platforms and being a resource for existing and potential members.

Nelson Still, Grant Thornton (Chairman)
Marie Skelly, Ogier
Grant Hiley, Deloitte
Stephen Leontsinis, Collas Crill
Tom Wright, Bedell Cristin

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LDK Solar Co. Ltd – Presentation Slides

June 4, 2015June 4, 2015
The slides from the RISA Technical Update Session held on 29th May 2015 are now available in the Resources section.

Cayman Insol Fellowship – Andrew Morrison

June 4, 2015
Congratulations to Andrew Morrision of FTI Consulting for successfully completing the INSOL Global Insolvency Practice Course. Andrew is now fully recognised as a Fellow of INSOL International. Please see the press release for the Class of 2014 here.
Andrew Morrison is a Managing Director in the FTI Consulting Corporate Finance/Restructuring practice and is based in the Cayman Islands. He has more than 15 years’ experience of insolvency and restructuring advisory matters, including three years based in the Cayman Islands. He joined FTI Consulting in October 2014.
A biography for Andrew can be found here:

RISA Annual Report 2014

June 1, 2015June 1, 2015
RISA's Annual Report for 2014 is now available for download in the Resources section.