Declan Magennis

Declan Magennis

Managing Director

Declan Magennis is Managing Director in Kroll’s Restructuring practice, based in the Cayman Islands.

Declan has over 20 years of experience in delivering bespoke solutions for complex cross-border restructurings, liquidations, shareholder disputes, investigations and litigation across Europe, Asia, North America, the Middle East and the Caribbean.

Across his two-decades of experience, Declan has been appointed by the Grand Court of the Cayman Islands as a liquidator, trustee and receiver on various Cayman-based and cross-border insolvencies and receiverships. He is a founding member of the Cayman Recovery & Insolvency Specialists’ Association, the Cayman chapter of INSOL International and served as Chair from 2019 to 2021.

Before joining Kroll in 2025, Declan worked for several consultancy firms in the Cayman Islands and has experience working in Ireland. Some of his notable assignments include:

  • Managing a substantial Madoff feeder fund for 12 years, achieving: 
    • A $1.6 billion settlement with the BLMIS Trustee in New York. 
    • Receipt and management of over $700 million in cash. 
    • A successful Luxembourg Court of Appeal restitution judgment against a major international bank for securities listed at over $12 billion. 
  • Court-appointed liquidator of a biotechnology laboratory in Wuhan, China. 
  • Court-appointed liquidator of three related open-ended investment companies primarily invested in shares listed on the Hong Kong Stock Exchange. 
  • Court-appointed liquidator of a company focused on financing luxury automotive distribution projects in the Middle East.

Declan is a regular speaker at industry conferences, including FIRE International, C5 Fraud & Asset Tracing and Cayman Islands Institute of Professional Accountants/RISA. He has also spoken at events in New York, Chicago, Hong Kong and Dublin.

He is a Chartered Accountant and holds an LLB (Business Law) from London Guildhall University. 



Restructuring

Financial and operational restructuring and enforcement of security, including investigation, preservation and realization of assets for investors, lenders and companies.