Ian Lambert

Partner / Litigation & Insolvency

Ian has over 19 years’ experience as a litigator in complex contentious matters, with 12 of those years practising in the Cayman Islands. Ian’s practise focuses on the Cayman Islands financial services sector, dealing with investment funds, banks, insurers and corporate structures that are in default or have collapsed, and representing clients in any resulting litigation. Ian’s expertise and experience is in complex international litigation, insolvencies, restructurings, asset recovery, investment funds disputes, advising office-holders in complex cross-border liquidations as well as corporate & commercial litigation, contract disputes, fraud matters, trust disputes and high-value family litigation.

Ian represents eight defendants in the AHAB v. Saad et al multi-billion corporate fraud claim and has appeared in many leading cases in the Grand Court and the Cayman Islands Court of Appeal, including representing the JOLs of the Platinum Partners Feeder Funds, the receives of XiO Fund I LP, the petitioning creditor of China Sky Chemical Fibre Co., Ltd, the sole shareholder of Mass Global Energy (DUHOK) Ltd., and the defendants in the Poulton trust litigation. Ian is rated as a “Global Leader” in restructuring and insolvency by Who’s Who Legal and is ranked as a top lawyer in Chambers and Partners. Please click on “Representative Work” below to find further information on some of the matters Ian is working on or has worked on.

Ian obtained his LL.B from the University of Windsor Law School (Ontario, Canada) and in 2003 was called to the Bar of Ontario as a solicitor and barrister. From 2003 to 2009 he practised in the dispute resolution teams of two prestigious law firms in London, Ontario and Toronto, Ontario. In 2009 Ian moved to the Cayman Islands, was called to the Cayman Islands Bar and commenced work with the Cayman Islands law firm of Bodden & Bodden. Prior to joining Broadhurst LLC, Ian was a partner and the head of litigation, insolvency and restructuring with the Cayman Islands law firm of HSM Chambers. Ian is a member of Recovery and Insolvency Specialists Association (RISA), INSOL International and IWIRC.

Ian and the other attorneys at Broadhurst LLC are more than happy to assist you with your Cayman Islands legal matters. Feel free to email Ian at ian@broadhurstllc.com or call him at +1 (345) 923-0789 (mobile) or +1 (345) 745-8828 (direct) to discuss your matter in confidence.

Chambers 2023 Lambert Legal 500 Logo


Ahmad Hamad Algosaibi and Brothers v. Saad Investments Company Limited & Others (“AHAB v. Saad et al”), Since 2009 Ian has represented and provided litigation and insolvency advice to the joint official liquidators of eight Saad Group Cayman Islands companies (“AwalCos”) in the AwalCos’ winding-up process and in defending the AHAB v. Saad et al US$9 billion (reduced to US$6 billion) corporate fraud claim AHAB is pursuing against the AwalCos and other defendants. This matter is the longest civil trial ever in the Cayman Islands (129 days in court over the course of one year) and one of the largest fraud trials litigated worldwide. The first instance trial judge, The Honourable Chief Justice Smellie, determined that the Plaintiffs were complicit in one of the largest Ponzi schemes in history - USD330 billion, borrowing from more than 100 of the world’s leading banks. AHAB's Appeal of the Chief Justice’s Judgment took place before the Cayman Islands Court of Appeal (“CICA”) from 21 May 2019 to 20 June 2019. The CICA’s 21 December 2021 judgment dismissed AHAB’s appeal against the AwalCos.

In the Matter of Platinum Partners Value Arbitrage Intermediate Fund Ltd. (In Official Liquidation) and Platinum Partners Value Arbitrage Fund (International) Limited (In Official Liquidation) (together the “Platinum Funds”), Since 2016 Ian has represented and provided advice to the joint official liquidators of the Platinum Funds in respect of various insolvency matters as well as investigations and lawsuits and arbitration proceedings (in the Cayman Islands and New York) against various service providers to the Platinum Partners Value Arbitrage Group, including directors, officers, managers, auditors etc of the Platinum Group in order to maximize realisations for the liquidation estates of the Platinum Funds.

Platinum Funds v. BDO, Ian acts for the joint official liquidators of the Platinum Funds in regard to claims in the Grand Court of the Cayman Islands against BDO as auditor of the Platinum Funds.

Platinum Funds v. Mark Alan Nordlicht, Estate of Uri David Landesman, David Isaiah Levy, Platinum Management (NY) LLC and Platinum Partners Value Arbitrage LP, Ian acts for the joint official liquidators of the Platinum Funds in regard to claims in the Grand Court of the Cayman Islands against Nordlicht et al for their role with the Platinum Funds. 

In the Matter of XiO Fund I LP (In Interim Receivership), Ian acted for the Interim Receivers in all aspects of their appointment including the recognition of the Hong Kong Receivership Orders in the Grand Court of the Cayman Islands, various contentious multi-jurisdictional litigation proceedings, regulatory matters and cross-border disclosure, privacy, and confidentiality matters. 

In the Matter of China Sky Chemical Fibre Co., Ltd (“China Sky”), Ian acted for the petitioning creditor of China Sky in the winding up of China Sky and the appointment of the official liquidators of China Sky in the Grand Court of the Cayman Islands. 

In the Matter of Mass Global Energy (DUHOK) Ltd. (“Mass Duhok”), Ian acted for the sole shareholder of Mass Duhok in relation to Mass Duhok’s application for the appointment of joint provisional liquidators over Mass Duhok. 

Poulton et al v. McMullan et al, Ian acted for the defendants involved in a trust litigation dispute in the Grand Court of the Cayman Islands.