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Chris Iacovides

04/08/2014 20:28:00
Chris was the founding partner of Iacovides Kimonos & Co, the island’s first insolvency firm, set up in 1988, to provide insolvency related services. He has gained considerable experience, practicing in Cyprus during the last twenty years and following his departure from the firm he set up, in November of 2008, he teamed up with other leading professionals, to set up CRI Group. With the introduction of the Insolvency Act 1986 in the United Kingdom, Chris, at the age of 24, became the youngest licensed Insolvency Practitioner in the UK. With over 7,000 insolvency related appointments to his credit in the last 26 years, Chris boasts a wealth of experience in all aspects of insolvency related work. Utilizing the mechanisms introduced by the rescue culture embodied in the Insolvency Act 1986 and the Enterprise Act 2002 in the UK, Chris has been able to facilitate loan and debt restructuring and corporate turnarounds for many companies home and abroad. Chris specializes in cross border insolvency and corporate restructuring and enjoys an excellent reputation amongst professionals worldwide. He has been involved in several complicated cross border insolvencies, spanning several jurisdictions including, but not limited to: United States, Canada, British Virgin Islands, Seychelles, Bahamas, India and Nepal, Netherlands, Spain and Jersey. Chris has participated as a guest speaker in many seminars on cross border insolvency and is the author of a number of articles in this field. He currently practices in England but he has recently been licensed by the National Union of Insolvency Practitioners of Romania and together with his partners at CRI group, intent expanding their operations to Romania. Chris is a member of all the leading professional Insolvency and Turnaround Associations, his memberships include the Insolvency Practitioners Association, the Association of Business Recovery Professionals, the Turnaround Management Association, the Canadian Bar Association, the American Bankruptcy Institute, the Association of Restructuring Advisors in the U.S. and the National Union of Insolvency Practitioners of Romania.

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