Stuart Cullen

Stuart Cullen 

Consultant

Legal

BVI

  • Highly intelligent and a real match for any of the chancery barristers
    Legal 500
  • Stuart is able to handle very difficult issues with great skill and politeness.
    Chambers Global (2026)
  • One of the few genuine insolvency specialists on the island
    Legal 500
  • Stuart has exceptional technical knowledge and is very good at what he does. He has great communication skills and is gifted academically, being able to produce work of very high quality.
    Chambers Global (2026)
  • Stuart Cullen is an excellent lawyer. His understanding of BVI commercial law is first-class, he is a tenacious and persuasive advocate, and his client manner is always friendly, open and pragmatic.
    Chambers Global (2026)
  • Great leader of complex asset recovery cases
    Legal 500
  • The go-to lawyer for Latin American clients
    Legal 500
  • A strong and responsive lawyer that works hard for his clients
    Legal 500

Stuart is an offshore insolvency and dispute resolution specialist. He acts in insolvency, asset tracing, arbitration, and fund disputes (often multi-jurisdictional), in addition to general company, commercial and business disputes both in BVI and internationally.

Experience

He is a barrister with over 20 years experience in disputes and insolvency related matters in BVI, England and Ireland. Stuart has acted in most of the biggest BVI related insolvency disputes of the last decade and, before that, in cases including Landsbanki and BTA Bank v Ablyazov. He has a particular interest in and experience in arbitration. Stuart was previously Managing Partner and head of disputes resolution at Dentons BVI and was one of Dentons co-heads of insolvency and restructuring for the entire LatAm and Caribbean region.

"I am highly focussed on obtaining the best result for my client. Finding solutions to difficult problems is one of my favourite aspects of my job."

Background

Stuart qualified and started practice as a barrister in Dublin. He then moved to London for a decade, most of which was spent in independent practise in chambers (33 Bedford Row and Thirteen Old Square (now Three Stone), but which also included spells working in the City as an employed barrister with Squire Sanders (on the Landsbanki insolvency) and Stephenson Harwood (JSC BTA Bank v Ablyazov). Since moving to BVI he has developed considerable experience in asset recovery matters involving Latin American parties. He regularly appears as an advocate in the BVI Commercial Court and also in the Eastern Caribbean Court of Appeal.

He has  been recognised as one of the world's leading practitioners in the Lexology Index: Comercial Litigation & Asset Recovery 2025, and is ranked in Chambers Global 2026. 

 

Chambers Global 2026 - ranked
My services
Contentious banking and finance
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Our dispute resolution specialists collaborate seamlessly with our corporate, banking and finance teams across jurisdictions to advise on litigation, restructuring and risk and regulatory matters. We provide a global perspective, working closely with our clients to ensure that they are best placed to respond to customer issues, fraud risks, rapidly changing market conditions and regulatory demands.

Corporate disputes
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Our dispute resolution specialists collaborate seamlessly with our corporate advisory and banking teams across jurisdictions to advise multinational corporations, trust companies, banks, funds, insurers, governments and directors.

We provide a global perspective, working closely with our clients to ensure that they are best placed to respond to customer issues, fraud risks, rapidly changing market conditions and regulatory demands.

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Breach of directors' duties
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We advise on all aspects of breaches of directors’ duties, including allegations of mismanagement, conflicts of interest and breach of fiduciary obligations.

Our offshore disputes lawyers work closely with corporate, regulatory and litigation teams to guide shareholders, directors, companies and financial institutions through complex governance disputes. With experience across multiple jurisdictions, we offer strategic, pragmatic advice tailored to high-stakes and reputationally sensitive matters.

Whether acting in regulatory investigations or shareholder actions, our regulatory disputes lawyers help clients respond confidently to legal and commercial risks in an increasingly regulated and scrutinised environment.

Derivative actions
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Where shareholders believe that directors are not complying with their duties, they may seek to pursue claims on behalf of a company by way of a derivative action.

Our corporate disputes lawyers act for shareholders, directors and companies in complex disputes involving breach of duty, fraud and corporate misconduct. Leveraging our cross-disciplinary expertise, we navigate the procedural and strategic challenges these claims present.

Our teams operate across jurisdictions, coordinating seamlessly to manage risk and protect our clients’ interests – whether bringing or defending derivative claims. Our offshore disputes lawyers provide clear, commercial guidance throughout, with a focus on preserving value and resolving disputes efficiently in highly sensitive corporate contexts.

Directors' disputes
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Disputes between directors can threaten the stability and governance of a company. We advise boards, individual directors, shareholders and stakeholders in contentious matters involving boardroom deadlock, removal or appointment of directors and conflicts of interest.

Drawing on our corporate, regulatory and dispute resolution expertise, we provide strategic advice in navigating internal power struggles and fiduciary issues. Our cross-border teams work cohesively to resolve disputes efficiently, protect business continuity and mitigate reputational risk.

Whether acting in private companies, joint ventures or complex corporate structures, we help clients manage director-level disputes with clarity and confidence.

Fraud and asset tracing
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We are used to working as part of a multi-jurisdictional team, capable of reacting and responding quickly to urgent requests for assistance with locating and freezing assets.

As sophisticated defendants become more adept at dissipating assets, we've been involved in cases that created new law in the Channel Islands in relation to a party's ability to trace assets and recover their losses. With their ability to deal with complex issues, the team deliver clear, commercial advice on the availability and likely success of recovery methods.

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Investigations and enforcement
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The regulatory environment, both in local jurisdictions and internationally, is increasingly complex and regulatory agencies are becoming more zealous in their approach to enforcement and investigations. We guide clients through the impact of enforcement of investigatory actions by regulatory bodies, offering dedicated strategic advice on a broad range of issues including enforcement notices, governance matters, complaints, insider trading and dealing and market manipulation.

We can also assist clients to conduct internal investigations prior to any regulatory investigations.

Merger appraisal disputes
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Collas Crill’s Cayman Islands appraisal practice is headed by Partner Rocco Cecere, who is recognised as a leading practitioner in the field. Rocco’s team has significant experience in appraisal litigation.

Rocco is a member of the Grand Court’s users committee which drafted the procedural rules governing appraisals matters. The Cayman Islands merger regime is a relatively new and evolving law. Our cross-border team acts on dissenter and company side, from pre-merger stage all the way through to trial and any appeals.

Partnership disputes
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Partnership disputes often involve deeply personal and commercially sensitive issues. We act for partners, partnerships and incoming or outgoing stakeholders in disputes over profit share, management rights, breaches of duty and dissolution. Combining our litigation, corporate and regulatory expertise, our offshore disputes lawyers guide clients through complex negotiations and contentious proceedings, including in professional services, investment and family-owned business contexts.

With experience across multiple jurisdictions and partnership structures, we deliver clear, strategic advice focused on protecting relationships, resolving deadlock and preserving business value. Whether advising in the early stages of disagreement or in formal dispute resolution, we provide practical, outcome-driven support.

Shareholder disputes
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We advise on all forms of shareholder disputes, from minority oppression and unfair prejudice claims to breaches of shareholder agreements and deadlock situations. Whether acting for individual shareholders, investors, directors or companies, we bring together dispute resolution and corporate advisory expertise to manage risk and protect value.

Our cross-border teams of offshore disputes lawyers are experienced in handling contentious matters involving joint ventures, family businesses, private equity and listed entities. Whether the dispute calls for negotiation, litigation or arbitration, we focus on delivering clear, commercial solutions that preserve reputations and support long-term business objectives.

Unfair prejudice petitions
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Unfair prejudice petitions are a key tool for minority shareholders seeking relief from conduct that damages their interests.

We act for individual shareholders, directors and companies in high-stakes disputes involving exclusion from management, diversion of business and breaches of shareholder rights. Our team combines deep litigation experience with corporate insight to advise across a range of sectors and shareholder structures, including family businesses, joint ventures and private companies.

With a focus on strategic outcomes – whether through negotiated exits, buyouts or court proceedings – we help clients navigate these sensitive disputes with clarity, precision and commercial focus.

International arbitration and mediation
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With offices in the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and London, we can advise you on every aspect of international arbitration. Our dedicated arbitration specialists will work alongside you to quickly determine the best approach for a successful conclusion.

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Trust disputes
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We represent beneficiaries, high-net-worth individuals, trustees, protectors and other power holders in a range of contentious and semi-contentious situations. Our lawyers have been at the forefront of the most complex, high-value private wealth litigation offshore. 

We often deal with novel points of law, creating new and innovative solutions to meet the needs of our clients.

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White collar and financial crime
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White collar and financial crime are receiving heightened attention, particularly due to the expanding global presence of businesses, resulting in prosecutions that frequently involve authorities in multiple jurisdictions.

Working across borders we can advise and represent you on complex and sensitive issues, including those relating to fraud, bribery and corruption, sanctions, money laundering and extradition. We can also assist with unlocking assets frozen under the relevant proceeds of crime laws.

Wills and estate disputes
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We provide fast, cost-effective and sensitive advice on all types of will-related disputes during what is often an extremely upsetting and distressing time for those concerned. We regularly act on multi-party actions for both plaintiffs and defendants.

Corporate restorations/reinstatement
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We can assess the viability of administrative or company restoration based on the specific circumstances and offer insights into other potential courses of action, including the possibility of initiating a new company.

Debt recovery and enforcement
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When customers or clients do not pay on time, we provide timely and effective advice on recovering debts and enforcing judgments. We help businesses, service providers, lenders and borrowers – including banks, funds, directors, and insolvency practitioners – recover commercial debt swiftly and strategically.

Our services cover court proceedings, arrets, saisies, statutory demands, insolvency proceedings, désastre, realisation, dégrèvement, and enforcement of security interests. We conduct thorough security reviews and advise on pre-emptive measures, ensuring prompt, decisive action with discretion to minimise reputational risk.

Distressed investment vehicles
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Our investment funds practice is enhanced by our litigation and restructuring team that has played a pivotal role in numerous prominent fund-related cases. The team has demonstrated expertise in handling issues stemming from fund restructuring, as well as contentious processes associated with winding down and winding up funds.

Insolvency
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For financially distressed companies in need of restructuring and reorganisation, or for those where the opportunity to do so has passed or failed, we work to achieve the most beneficial outcome in these difficult situations. 

At whatever stage we are engaged, our involvement will assist in identifying the ongoing risks facing a client and to enable that client to continue to identify and effectively manage deteriorating relationships with creditors, financiers, investors or other interested parties.

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Foreign officeholders
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We advise officeholders of overseas companies with assets or operations in our offshore jurisdictions on seeking recognition locally. For offshore companies with foreign operations or assets, we advise officeholders in our offshore jurisdictions on applications to issue letters of request for assistance from foreign courts and for recognition in foreign jurisdictions.

Acting in complex cross-border matters, we help navigate foreign legal systems to protect and recover value. Our experience ensures continued stakeholder confidence and compliance with local obligations, while aligning with the broader restructuring or insolvency strategy.

Officeholder claims
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When acting alongside insolvency officeholders, we pursue claims that maximise recoveries for creditors. Our work supports efforts to investigate, assess and, where appropriate, litigate claims against directors, third parties or others connected with the company.

Whether addressing preferences, transactions at an undervalue or transactions defrauding creditors, misfeasance, wrongful trading or fraudulent trading, unlawful distributions or other breaches of duty, our involvement aims to protect the interests of stakeholders and secure the best possible return in complex, high-stakes scenarios.

Statutory demands
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As part of our debt recovery and insolvency services, we assist clients in issuing or responding to statutory demands. Whether enforcing payment or defending against genuinely disputed claims, our involvement helps clarify the legal and financial risks, enabling clients to make informed decisions.

We support effective creditor engagement and help manage escalating disputes, preserving options for resolution or further action.

Winding-up applications
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When debt recovery and demands are ineffective, we assist in preparing and lodging creditors' winding-up applications to achieve an orderly conclusion. We have strong relationships with insolvency practitioners in our offshore jurisdictions and beyond.

We also assist shareholders and directors of companies facing cashflow difficulties. Through early engagement with our network of insolvency professionals, we help to find solutions to minimise risks and maximise returns.

Our approach ensures that the process is conducted efficiently and with minimal disruption, helping clients navigate the legal and commercial risks involved. By intervening early, we support clients in managing stakeholder relationships and fulfilling their obligations with clarity and confidence.

Restructuring
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Restructuring takes many forms, and we have broad experience in reshaping businesses to the changing needs and demands of the market. The team possesses a hands-on and comprehensive grasp of the intricate challenges that may emerge in restructuring scenarios, whether involving mergers, acquisitions, reorganisations or recapitalisation activities.

Schemes of arrangement
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We provide expert legal support on both local and cross border amalgamations of regulated and unregulated companies and work closely with our dispute resolution team on local schemes of arrangement.

12 Feb 2026

Chambers Global Guide 2026: Expertise of BVI and Cayman teams recognised

The 2026 Chambers Global rankings have been announced. Collas Crill's Dispute Resolution and Real Estate practices in the Cayman Islands, and our Corporate practice in the British Virgin Islands (BVI) have maintained their rankings, while the BVI Dispute...

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