The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
MARLBOROUGH HOUSE, 30 VICTORIA STREET, BELFAST, BT1 3GG, NORTHERN IRELAND
Tel:
Work 028 9055 3300
Fax:
Fax 028 9055 0096
DX:
433 NR BELFAST 1
Web:
www.tughans.com

Toby Mcmurray

Tel:
Work 028 9055 3390
Email:
Tughans

Work Department

Insolvency and restructuring.

Position

Toby McMurray is head of insolvency and restructuring at Tughans. Toby’s experience in the area of insolvency is extensive. He advises insolvency practitioners, financial institutions, businesses, directors and creditors on all issues relating to both corporate and personal insolvency. Most recently he has been instructed in some of Northern Ireland’s largest insolvencies including the Lough Erne Resort in Fermanagh, Obel Tower, and Botanic Inns Limited. Toby also led the firm’s successful challenge to the Northern Ireland bankruptcy order obtained by Sean Quinn, which is the leading authority on COMI in Northern Ireland and the cross-border freezing injunctions which were obtained by the firm in relation to Russian and Ukrainian assets in December 2011. The firm has continued to act for the Irish Bank Resolution Corporate (IBRC) in all of its Northern Ireland based Quinn litigation. His clients include: PwC, KPMG, Deloitte, BDO, Lloyds/Certus, NAMA, RBS/Ulster Bank, Bank of Ireland and AIB Group/First Trust Bank. In addition, Toby has a breadth of experience in commercial disputes. He has particular expertise in shareholder disputes, breach of directors’ fiduciary duty claims, Section 994 Companies Act petitions, share sale warranty claims and civil fraud claims.

Career

Trained CMG, joined Tughans in 2005; appointed partner in April 2010.

Languages

English.

Member

R3; Society of Construction Lawyers; Law Society of Northern Ireland.

Education

Royal Belfast Academical Institution; Queen’s University Belfast; LLB.


Northern Ireland: Finance

Insolvency and corporate recovery

Within: Leading individuals

Toby McMurray - Tughans

Within: Insolvency and corporate recovery

Tughans’ insolvency practice attracts praise for its ‘very strong business acumen’ and assists banks, accountancy firms, insolvent companies and directors across a spectrum of matters, including the appointment of administrators, debt recovery and liquidation proceedings. Highlights included representing Boxpak in a dispute with insolvent bakery company Reynards and its administrators regarding a £250,000 debt owed to Boxpak alongside stock worth £100,000 held by Reynards, which was subject to a retention of title clause in favour of Boxpak; the stock was successfully returned to the client. Other clients include Bank of Scotland, Keenan Corporate Finance and Bank of Ireland. Toby McMurray and Fearghal O'Loan lead the team, which also includes director Kevin Gallagher, who is singled out for his ‘good attention to detail and commercially minded approach’ towards contentious insolvency matters.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to