Company and insolvency in Regional Bar
Exchange Chambers' Lisa Linklater is currently acting for the defendant in FOPCP (in liquidation) v PT, a complex £5m misfeasance claim brought by the liquidators of an offshore partnership, and successfully acted for the administrators of the holding company of Bolton Wanderers FC in obtaining indemnity costs following an unsuccessful application for an injunction. The 'very technical' Steven Fennell has 'made the transition from solicitor to barrister perfectly' and is 'very calm when curveballs are thrown'. He has been acting for PricewaterhouseCoopers, the administrators of Crispy Crust Limited, a Pizza Hut franchise; the case is a dispute between the administrators and Allied Irish Bank plc about the value of the business sold following it entering administration.
Enterprise Chambers is a 'fantastic set of chambers which is very wide-ranging and has strength in depth'. 'The set includes is a go-to for insolvency work with highly skilled and knowledgeable barristers within their ranks'. Members handle both personal and large company insolvencies and company matters. Former City solicitor Hugo Groves acted for the replacement insolvency practitioners in Re Varden Nuttall Limited (In Administration), successfully obtaining a multi-million-pound judgment against the defendant. Australia-qualified Cristín Toman has acted in a number of matters for administrators in relation to defects in their appointments, while Kelly Bond appeared for the successful liquidator in Re Reeson Homes Ltd, a three-day trial concerning a company which had transferred its only asset, a development site, to a connected company shortly prior to liquidation; the respondents alleged the property was held on trust, an argument that was rejected by the court.
Kings Chambers is a 'solid set' for company and insolvency instructions with 'some impressive juniors rising through the ranks', who are 'technically good yet down to earth', and 'user-friendly and approachable clerks'. In recent work of note, Louis Doyle is defending two director defendants in a £60m misfeasance claim involving alleged breaches of duty and trust arising out of the collapse of a company promoting tax avoidance structures. Also in the team, Eleanor D’Arcy is considered 'very approachable and adopts a pragmatic approach' to cases, while the 'excellent' Eleanor Temple is 'always aware of the practical and commercial context of the advice, ensuring that matters are resolved as quickly and cost-effectively as possible'.