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Index of tables

  1. Insolvency – Leading sets
  2. Insolvency – Leading silks
  3. Insolvency – 2017 silks
  4. Insolvency – 2018 silks
  5. Insolvency – Leading juniors

Insolvency – Leading silks

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Insolvency – 2017 silks

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Insolvency – 2018 silks

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Insolvency – Leading juniors

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β€˜At the top of the tree’ is South Square, which has β€˜a good range of insolvency specialists’ with β€˜excellent and cost-effective junior support’. The administration of Lehman Brothers continues to occupy multiple members at all levels, including the set’s star silk, Robin Dicker QC. The set also has a strong profile for schemes of arrangement, including numerous high-profile restructurings of debts for foreign companies. Antony Zacaroli departed chambers in October 2017, following his appointment to the judiciary.

4 Stone Buildings is singled out as β€˜a strong, likeable set all the way from the clerks’ room to senior barristers’; while members β€˜never fall short of sound legal knowledge and skill’. Multiple members are kept busy with aspects of the collapse of BHS. Tom Gentleman and Robert Miles QC are acting for a defendant in Robert Tchenguiz v Grant Thornton, Kaupthing & others.

Insolvency is one of Enterprise Chambers’ strongest suits, for which it β€˜provides quality advice and representation’ as well as β€˜excellent value for money and experience at all levels’. Expertise within the set extends to cross-border cases and complex insurance insolvencies. Recent high-profile matters include Kent v Paterson and Moore Stephens, Re Globalised Corporation and Pinnacle Advantage Limited v Notts County Football Club Limited.

β€˜One of the premier sets in insolvency and corporate’, Erskine Chambers offers β€˜a good balance of advice and litigation’. Members are noted for their β€˜technical expertise’, while the clerks are singled out for being β€˜prompt, helpful and responsive’. Peter Arden QC continues to advise on aspects of the fallout from the Lehman Brothers collapse, while Stephen Smith QC led a team acting for the claimant liquidator in JSC Mezhprombank v Pugachev, resulting in successful civil and criminal claims.

β€˜Well-managed’ XXIV Old Buildings has β€˜a good depth in insolvency’. The set is most active in the area of cross-border disputes arising out of insolvencies, aptly demonstrated by Stephen Moverley Smith QC’s successful representation of two large shareholders opposed to the appointment of provisional liquidators of Shanshui Cement Co. Francis Tregear QC is currently instructed by the additional liquidator in Re Herald Fund SPC. Both Edward Cumming QC and Lyndsey de Mestre QC took silk in 2018.

3 Verulam Buildings is β€˜a top-quality set’ that is β€˜well clerked and full of brilliant barristers’. Boosting the set’s presence in the insolvency space, Ian Wilson QC took silk in 2018. Members are involved in a number of stand-out insolvency matters, including Phones 4u Limited v Vodafone Group, FCA v Asset Land and Marme v RBS. Adrian Beltrami QC continues to act for Lehman Brothers Holdings in the on-going β€˜waterfall’ disputes.

Maitland Chambers comprises a number of experienced insolvency practitioners at senior and junior levels. In addition to her involvement in aspects of the Lehman Brothers insolvency, Catherine Addy QC is representing HMRC in the long running dispute Ingenious Film Partners 2 LLP, Inside Track Productions LLP, Ingenious Games LLP (as lead appellants) v HMRC. Gregory Banner QC took silk in 2018.

Serle Court is β€˜a great set, stocked with magnificent barristers’. Members have developed key expertise in offshore insolvency work and matters of civil fraud involving Guernsey, Gibraltar and Cayman Islands. Key recent insolvency highlights include Carlyle Capital v Conway & others, Government v Kids Company and Avonwick v Schlosberg, while Philip Jones QC and Ruth den Besten are involved in various aspects of the BHS insolvency.

Wilberforce Chambers is noted for having β€˜a good diversity of skillsets’ and β€˜excellent’ clerks who β€˜work hard to make things happen’. Members were involved in a number of major insolvency matters in 2017, including Leeds v Lemos, a case relating to a high-value and high-profile bankruptcy.

β€˜An excellent set for insolvency’, New Square Chambers’ clerks β€˜can always find a suitable barrister, even at short notice’. The insolvency practice is active in both on- and offshore mandates and has considerable experience in administrations, receiverships, DTI inquiries, voluntary arrangements and malpractice in and before insolvency. In a significant victory, Jonathan Lopian represented the successful appellant in JCAM Commercial Real Estate XV Limited v Davis Haulage Limited.

β€˜One of the go-to chambers for insolvency matters’, Radcliffe Chambers is noted for β€˜great strength in depth at the sub-QC level’ supporting β€˜leaders in their field aplenty’. The practice spans all aspects of corporate and personal insolvency litigation, and members provide advisory, drafting and advocacy services for creditors, debtors and officeholders. Tina Kyriakides acted for the liquidators in Re Exigo Brewing and Distilling Limited, successfully applying for specific statutory rights.

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Legal Developments in London Bar for Insolvency

  • New revised guidelines for administrators in pre-pack sales

    Pre-pack sales by administrators are now used frequently enough for most people in business to be aware of them and many have come across them in their business lives. A small amount of controversy still attaches to pre-packs, but it is probably right to say that they are now an accepted part of the UK business scene as a useful means of rescuing a business in difficulty and preserving some or all of the jobs connected with the business.
    - Druces

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