Neil Dempsey

Neil is Director with the Cayman Islands office, having joined the Firm in October 2020. Before joining KRyS Global, Neil has spent over 20 years in the UK insolvency and restructuring market, working with smaller, local accountancy firms through to a “Big Four” restructuring practice. In that time, he has dealt with a wide variety of corporate insolvency and advisory work, across many different business sectors.

Neil’s experience includes several multi-jurisdictional cases. Of particular interest was an administration of a Scottish oil & gas service company where its primary contract was based in Nigeria.

Neil sits on the Institute of Chartered Accountants of Scotland’s Insolvency Committee and participated in the Grampian Area Insolvency Practitioners’ Group, which provided a platform for locally based insolvency practitioners and relevant legal practitioners to share methods of best practice, discussion over developing areas of legislation, and networking opportunities.

Selected Engagements

• CNS Subsea Limited
• HV VI Invest Quebec Limited
• J&I Smith (Bakers) Limited
• Realtime Worlds Limited
• Abesco Limited
• Subsea 7 (Vessel Company) Limited
• Performance Insurance Company SPC
• Energicon Holdings (Caymans)

Industry Experience

• Construction
• Hospitality
• Retail
• Manufacturing
• Real Estate
• Business Services
• Alternative Energy
• Intellectual Property
• Energy & Utilities
• Financial Services
• Food production and retail

Education

• Bachelor of Accountancy and Business Finance (BAcc)
• University of Dundee, UK

Certification

• Chartered Certified Accountant (FCCA)
• Licensed UK Insolvency Practitioner

Professional Associations

• Association of Chartered Certified Accountants (ACCA)
• Affiliate - Institute of Chartered Accountants of Scotland (ICAS)
• Cayman Islands Institute of Professional Accountants (CIIPA)
• Recovery and Insolvency Specialists Association (RISA)