Biography: Insolvency & Restructuring

Neil Golding has a general restructuring and insolvency background (and is a licensed insolvency practitioner), but in recent years has concentrated on the insurance sector. He is now primarily responsible for the firm's insurance solutions team. This consists of a dedicated team of lawyers who specialise in restructuring and insolvency in the insurance sector, together with others who have an interest in that area and are able to offer specialist advice as required (for example, in the regulatory, litigation or tax fields).

His work has included advising the liquidators of the HIH group (Australia's second largest insurer and biggest ever corporate collapse, which failed in 2001); the provisional liquidators of the Trenwick/La Salle group (the first time that the Chapter 11 process in the US and the provisional liquidation procedure in a common law jurisdiction – here Bermuda – has been used to restructure an insurance group); Reliance National Insurance Company Ltd in Europe on the preparation of solvent scheme of arrangement in England and on its implementation in Spain, Belgium, Sweden, Switzerland, Germany and Holland; and a well known run-off company on a range of issues following its appointment to manage the affairs of several Lloyd's syndicates.