The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

3-4 SOUTH SQUARE, GRAY'S INN, LONDON, WC1R 5HP, ENGLAND
Tel:
Work 020 7696 9900
Fax:
Fax 020 7696 9911
DX:
338 LONDON CHANCERY LANE WC2
Email:
Web:
www.southsquare.com
South Square, Michael Crystal QC, London, ENGLAND

Lawyer rankings

Michael Crystal QC

Tel:
Work 020 7696 9900
Email:
Web:
www.southsquare.com
South Square (South Square)

Position

Michael Crystal QC is one of the leading advocates at the English Bar. He has been involved as counsel, adviser or expert witness in most of the best known international insolvencies and restructurings in the UK and overseas in the last four decades.  
Michael has represented or advised on an ad hoc basis most of the major international financial services institutions, funds and accountancy firms operating in the mergers and acquisitions, bankruptcy and restructuring fields.
He receives instructions from leading law firms in London, New York and in many offshore jurisdictions including the British Virgin Islands, Bermuda, the Bahamas, the Cayman Islands, the Channel Islands, Hong Kong and Singapore.
In addition to his well-recognised advocacy skills, Michael is particularly in demand for his strategic overview and experience in cases involving international litigation, cross border bankruptcy, and restructuring.
Many of Michael's instructions remain confidential. His publicly reported cases in the UK and elsewhere run to over 100 and include all Appellate levels and trial courts in the UK and many overseas jurisdictions.

Career

Queen’s Counsel 1984; Elected Master of the Bench (Middle Temple) 1993; Deputy High Court Judge 1995; Autumn Reader (Middle Temple) 2012. Admitted to the Bars of the Bahamas, Bermuda, the Cayman Islands, Gibraltar, Hong Kong and the Isle of Man ad hoc. Called to the Bar of the British Virgin Islands in 1991. Appointments: FA (soccer) Premier League Panel for Insolvency Matters (2004); visiting professor, Department of Laws, University College London (2002); Chairman, Insolvency Practitioners Tribunal (1996); Chairman, Banking Appeal Tribunal (1993-98); Department of Trade and Industry Inspector into National Westminster Bank (1992); Department of Trade and Industry Inspector into County NatWest Limited and County NatWest Securities Limited (1988-89).

Member

Board of Directors of International Insolvency Institute (2010-14); Fellow, American College of Bankruptcy, (2006); Member, International Insolvency Institute (2005-); The International Arbitration Institute, Paris (2002-); Financial Law Panel (1996-2002); Insolvency Rules Advisory Committee (1993-97).

Education

Magdalen College, Oxford University, (1971 BCL); Queen Mary College, University of London, (1969 LLB Hons).


London Bar

Insolvency

Within: Insolvency – Leading silks

Michael Crystal QC - South SquareHe has vast experience and is a force to be reckoned with.

[back to top]

Offshore

Within: Offshore – Leading silks

Michael Crystal QC - South SquareHe appears in some of the biggest offshore cases.

Within: Offshore

South Square is ‘at the top of its game in insolvency, but strong in other areas too’. Michael Crystal QC represented the liquidators in AHAB v Saad Investments. Tom Smith QC represented Primeo Fund – a "feeder fund" of the Madoff Ponzi scheme – in a claim against HSBC, its custodian; he was up against two juniors from the set, namely Toby Brown and William Willson.

[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
  • The Cayman Islands Data Protection Law, 2017

    The following information relates to the enactment of The Cayman Islands Data Protection Law, 2017 (" DPL "), which was expected to come into force on 29 January 2019, will now come into force in September 2019. The DPL will regulate the future processing of all personal data in the Cayman Islands.
  • The Mutual Funds Law (2019 Revision)

    The following information relates to the enactment of The Mutual Funds Law (2019 Revision) and the subsequent commencement of related sections of The Mutual Funds (Amendment) Law 2015. The changes require certain funds to notify the Cayman Islands Monetary Authority if they are active in EU jurisdictions.
  • Stuarts Success - Case Review: Toby -v- Allianz Global Risks US Insurance Company

    Toby –v- Allianz Global Risks US Insurance Company, FSD 152 of 2013 (IMJ), Judgment delivered on 29 August 2018
  • Security Token Offerings in the Cayman Islands

    Security Token Offerings (“STOs”) are an extremely popular means of fundraising for new projects and utilise blockchain technology to do so. Whilst no specific legislation has been passed by the Cayman Islands Government in connection with STOs and cryptocurrencies, it would be incorrect to say that STOs are “unregulated”.
  • "BLACK FRIDAY" - NOW FREELY USABLE FOR PROMOTIONS IN AUSTRIA

    Black Friday is unquestionable one of the most profitable and busiest days of the year for retail, particularly online. Worldwide almost all online store do offer sales or special promotions on Black Friday or Cyber Monday. Already after this practice has established online, a trademark for " BLACK FRIDAY " was registered in Germany back in 2013. In 2016 a Chinese company acquired the trademark and then filed in 2017 for its extension to Austria. Based on the registered trademark, it granted exclusive rights to an Austrian company, which licensed usage rights to various partner stores against remuneration. Further, an exclusive " Black Friday-Cooperation Program " was established. Non-partners who used the event name or trademark were prosecuted and requested to either pay a license fee or refrain from running Black Friday promotions. Some followed the request and entered into license agreements. Some, however, did challenge the validity of the trademark. Finally, respective proceedings to check the actual protection of the trademark were initiated. Austrian courts now held that the trademark " BLACK FRIDAY " is not protected in Austria .
    - Dorda
  • The Zero Carbon Bill - a closer look

    ​​​​The long-awaited "Zero Carbon Bill" was finally released on 9 May, but despite being greeted by considerable media interest there are a number of significant issues that have yet to come to the fore.
  • A link tax in New Zealand?

    ​​​​A controversial payment to publishers for content in Europe has implications for New Zealand – despite escaping mention in a recent paper that set out the key issues for review for our own copyright laws.
  • News media exemption under the Privacy Act: now a matter of "responsibility"?

    The role of the news media as the "eyes and ears" of the public, and the corresponding right of such news media to be exempted from the Privacy Act 1993 ( Privacy Act ), is entrenched and well accepted. However, the extent to which the news media exemption applies to non-traditional forms of "news" published by "civilian journalists", such as online commentary and blogs, is a hotly debated subject.
  • Quarterly Update on Trade Defense Cases in Turkey (June 2019)

    The authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio , has been given from the Ministry of Economy to the Ministry of Trade ("Ministry"). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
  • Company Formations - A jurisdictional guide to setting up a business

    The following article contains the Foreword in the IR Global Virtual Series brochure on 'Company Formations - A jurisdictional guide to setting up a business'.