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XXIV Old Buildings

Chambers of Alan Steinfeld QC

Work 020 7691 2424
Fax 0870 460 2178
Geneva, London

Alan Steinfeld QC

Work 020 7691 2424
XXIV Old Buildings (Chambers of Alan Steinfeld QC)


Barrister specialising in trusts, partnership law, trust-related and general insolvency, company law, bankruptcy and finance, pensions and professional negligence; litigation and advisory experience in numerous overseas jurisdictions, including the Bahamas, the British Virgin Islands, Bermuda, Cayman islands, Hong Kong, the Isle of Man, Gibraltar and Jersey. Most recent reported cases: ISIS Investments v Kaupthing Bank and others [2012]; Drake v Harvey [2011]; Howell and others v Lees-Millais and others [2011]; Walkbrook Trustees Ltd and others v Fattal and others [2010]; SC Compania Nationala de Transporturi Aeriene Romane Tarom SA v Ltd [2014]; Lakatamia Shipping Company Ltd v Nobu Su and others [2012]; Dalriada Trustees Ltd v Woodward and others [2012]; BT Pension Scheme Trustees Ltd v British Telecommunications pic and another [2014].


Called 1968; QC 1987; deputy High Court Judge 1994 (Chancery and Queens Bench Division); Bencher of Lincoln’s Inn 1996; called to the Bar of the Eastern Caribbean Supreme Court.


Chancery Bar Association; COMBAR; Insolvency Lawyers Association; Pension Lawyers Association; Hong Kong Bar Association.


Downing College, Cambridge (BA Hons LLB).


Tennis, sailing, opera.

London Bar

Commercial litigation

Within: Commercial litigation – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsRazor sharp, his analysis is crisp and clear and he articulates it with passion and commitment.

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Company and partnership

Within: Company – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsHe is extremely clever; makes very complicated things sound very simple.

Within: Partnership – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsClients love him because he can make very complicated things sound very simple.

Within: Company and partnership

Able to field talent at all levels’, XXIV Old Buildings is one of the ‘go-to sets’ for offshore company work. Members also act on a variety of partnership disputes across industry sectors. In Re Oakhurst Property Developments, Alan Steinfeld QC successfully acted for a company pursuing claims against the beneficiaries to recover costs associated with after-the-event insurance premiums. Drawing on significant expertise in the jurisdiction, Francis Tregear QC was instructed on several Cayman Islands partnership matters. Edward Cumming QC andLyndsey De Mestre QC took silk in 2018.

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Fraud: civil

Within: Fraud: civil – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsA class act who has the ear of the court.

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Within: Insolvency – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsAn outstanding silk.

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Within: Offshore – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsHe offers instant solutions to complex problems others have spent months pondering.

Within: Offshore

XXIV Old Buildings is ‘very accessible and visible around offshore Chancery work’. Alan Steinfeld QC continues to advise the Carlyle-related entities in Guernsey’s Carlyle Capital Corporation v Conway case, part of a long-running saga concerning the collapse of an investment fund following the 2008 crash. Nicole Langlois, Daniel Warents, David Brownbill QC and Edward Cumming QC advised various parties in Crociani v Crociani, a Jersey case concerning an intra-family dispute of a trust created in the Bahamas in 1987 but subjected to changes of trustee and governing law.

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Within: Pensions – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsA tough and responsive advocate.

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Private client: trusts and probate

Within: Private client: trusts and probate – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsAn original and creative thinker.

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Professional negligence

Within: Professional negligence – Leading silks

Alan Steinfeld QC - XXIV Old BuildingsVery experienced.

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Legal Developments worldwide

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  • Korean Financial Regulators Advance Legislation to Introduce Regulatory Sandbox to Spark FinTech

    The 2018 year in review in Korea was notable for the sluggish overall economy, uncertainty surrounding the geo-politics and impact on Korea due to the global trade wars, on-going concerns related to the lack of jobs and unemployment, increased taxes and burdens for businesses and families, and no meaningful improvement or clarity in the current situation for 2019. In response, the Korean National Assembly passed a legislation called the Financial Innovation Support Act (the “FinISA”) on December 7, 2018 to spark the financial services industry in conjunction with FinTech products and services. The FinISA, which will soon take effect in March 2019, is intended to lay the legal foundation to introduce a regulatory sandbox for innovative financial services, where FinTech firms test their new products and services without certain regulatory oversight pursuant to exemptions for a limited period of time (“Sandbox”). As the FinISA exempts or defers application of existing finance-related regulations for new financial technology, products or services with the purpose of fostering the creation of innovative and new financial products and services, it will also support the stabilization of such services in the financial services market at the end of the testing period and is expected that the FinISA will support a revitalization of the FinTech industry which experienced sluggish growth in recent times. In particular, as companies and investors become more interested in security tokens and Security Token Offerings (“STO”) which are regulated by the Financial Investment Services and Capital Markets Act (the “FSCMA”), there have been on-going discussions and debates as to whether the FinISA could lead to a breakthrough in the crypto-asset industry based on blockchain technology. Crypto assets encompasses those assets which utilize blockchain technology where the asset is digitalized by utilization of cryptography, peer-to-peer networks and a public ledger of verified transactions resulting in a ‘units’ of such a crypto asset without any involvement by middle-persons or brokers (e.g., cryptocurrency.

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  • Supporting local and international charitable organizations

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  • BAG – Employers can claw back bonus payments

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  • Stricter supervision in relation to the Scheme for Naturalisation of Investors in Cyprus by Exceptio

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  • 19% VAT on Plots

    In order to harmonize the  Acquis Communautaire on the Taxation of untapped and undeveloped plots of land, the Cyprus Government enacted, on 03/11/2017, relevant legislation for the imposition of 19% Value Added Tax (VAT) on these properties, with a date of enforcement being 02/01/2018. The relevant legislation refers to plots/pieces of land offered and/or provided for construction for economic purposes.