One of the casualties of the global financial crisis was Guernsey-incorporated Carlyle Capital Corporation, which collapsed in 2008.
Carlyle Capital went bust in March 2008 just months after a $350 million flotation and with losses, in the words of the Guernsey court, of “a remarkable $1.3 billion in eight months”.
Managing Partner Jonathan Thornton talks about the implications of the trial against the company's former directors which lasted until early 2017, and what company directors can learn.
The Carlyle Collapse: What company directors should learn is available to read via subscription on The Lawyer website.
Jonathan is head of the corporate and commercial team. He deals with acquisitions and disposals, company reorganisations and corporate finance, as well as shareholder, partnership and LLP agreements.