CVR Global launches in Jersey

INSOLVENCY and restructuring firm CVR Global has expanded into Jersey.

The firm, which also specialises in dispute resolution, has launched CV Recovery Global (Jersey) Limited at Liberation Station, St Helier. The new office will be led by CVR Global’s John Greenwood.

Greenwood joined CVR Global earlier this year to lead the firm’s international expansion. He has more than 25 years of experience as a lawyer, insolvency and trust practitioner and as a banker specialising in the insolvency, banking and finance, fraud investigation and asset recovery.

CVR Global operates as an independent provider of restructuring, insolvency, fraud investigation, asset recovery, forensic accounting and litigation support services.

The firm is a member of Geneva Group International (GGI), which has more than 500 members and over 700 member offices worldwide.

The launch follows the recent opening of CVR Global’s new office on the British Virgin Islands, adding to the firm’s existing seven offices throughout the United Kingdom and Gibraltar.

Greenwood said: “Opening our new operation in Jersey is the next stage of the firm’s growth plans and we look forward to strengthening our standing and reputation on the island.

“We’ve recently expanded the firm’s fraud investigation, asset tracing, forensic accounting and litigation units and these will be central to our services in Jersey.

“The office will be working closely with our new operation launched in the British Virgin Islands and our UK-based teams.”

Richard Toone, managing partner of CVR Global, said: “We identified Jersey as a key location to increase our presence in when we launched in the summer of 2015.

“We have strong links with the business community on the island and with John leading the operation in Jersey we are confident of strengthening our position further.”