CI Corporate Recovery ( CICR)

CICR is headed by CI chief executive Michael Shone relies upon a stand-by team of experienced lawyers, accountants, financial experts and investigators for rapid response to specialized corporate recovery needs in Asia, English and French speaking Africa, the Middle East, Central Asia, South America and Eastern Europe.

The team is structured to cover all principal aspects of corporate debt recovery and restructuring, ranging from legal and financial to investigative expertise.

On the legal side, a vast array of new legislation in Europe, Asia and the USA governing bankruptcy and foreclosure as well as changes in property rights on the part of foreigners have to be taken into account to expedite litigation and properly advise creditors and debtors alike. To this end, CICR has created a comprehensive data base cataloguing these changes and has retained local lawyers to execute legal action.

New laws are matched by newly introduced financial technologies and instruments. Their application in the process of debt restructuring provides for the requisite flexibility if mutually agreeable and beneficial settlements are to be reached. The CICR team combines technical financial know-how with knowledge of local practices to structure such settlements.

Lastly, for debt recovery and restructuring, competent due diligence investigations and asset searches are indispensable. Accounting practitioners on the CICR team have the experience in forensic accounting and our investigators bring to the job the wherewithal and local contacts necessary to detect and ascertain true asset positions.

Present in the region and at convenient locations, CICR teams can be assembled on short notice and be on the job within two weeks upon being retained. CI’s Asia offices are able to provide full logistical support and CI correspondent offices in Europe and the Americas are capable of responding promptly to any matters requiring inter-regional attention.