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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

David Allison QC

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

Position

David specialises in business, commercial and financial law, with a particular emphasis on corporate restructuring (both domestic and cross-border), sovereign debt restructuring, banking and financial services, structured finance, commercial litigation and company matters. He has an extensive overseas practice which includes Cayman, BVI, Dubai, Jersey and Guernsey. He has acted as an expert witness in proceedings in a number of overseas jurisdictions.

Recent cases include Lehman Waterfall, Carillion, Metinvest, Monarch, Noble, House of Fraser, BHS, Agrokor, KWM, Codere, Abengoa, Russian Standard Bank, APCOA, ATU, Airwave, Stemcor, MF Global, Nortel, Bank of Ireland, European Directories, Stanford International Bank, Madoff, Landsbanki, Glitnir, Kaupthing, Dewey & LeBoeuf, Deutsche Annington, PrimaCom, Nef Telecom, Biffa, Fitness First, NCP, Monier, Tele Columbus and Cattles.

Career

Called 1998; QC 2014. Full registration under Part II of the DIFC Courts’ Register of Legal Practitioners 2006; Called to the Bar of the Eastern Caribbean 2007.

Member

COMBAR, Chancery Bar Association.

Education

Downing College, University of Cambridge (MA Law, First Class).


London Bar

Banking and finance (including consumer credit)

Within: Leading Silks

David Allison QC - South SquareA very good advocate who cuts through the noise and tells the court what it needs to hear.

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Company and partnership

Within: Company - Leading Silks

David Allison QC - South SquareHe is commercial, easy to access, responsive, very smart and client friendly.

Within: Company and partnership

South Square is a 'modern and adaptable' set which stands out for handling English law-governed creditor schemes of arrangement across the globe; including in relation to House of Fraser, a matter multiple members are instructed on, including Tom Smith QC and David Allison QC. In another highlight, Smith QC acted for the successful appellant before the Privy Council in DD Growth, a case concerning the legality of payments made to shareholders from a company's share premium account, and the rights of a company to recover unlawful payments from a shareholder. With a practice that spans insolvency and company law, Barry Isaacs QC appeared as an independent expert in the High Court at the hearing to sanction the approval of a ringfencing scheme concerning the HSBC Group. In November 2018, Antony Zacaroli QC was appointed a High Court judge in the Chancery Division and will be joined in October 2019 by William Trowers QC.

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Insolvency

Within: Leading Silks

David Allison QC - South SquareHe can be an effective advocate in court.

Within: Insolvency

South Square 'continues to dictate the standard to which others must pitch', praised one client, saying the set is 'unrivaled for insolvency-related matters'. Areas where members particularly stand out include schemes of arrangement, company voluntary arrangements, administrations and liquidations, as well as cross-border matters and insolvency litigation. Highlights for David Allison QC include acting for the company in House of Fraser's scheme of arrangement, and the special court-appointed managers conducting the liquidation of Carillion. Daniel Bayfield QC acted for the creditor in Re OJSC International Bank of Azerbaijan. Felicity Toube QC is noted for international proceedings, with particular experience before courts in the Cayman Islands. Henry Phillips was led by William Trower QC in Noble Group Limited; a complex scheme of arrangement involving a restructuring of $4bn of its liabilities. Trowers QC has recently been appointed to the Chancery Division of the High Court.

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Offshore

Within: Leading Silks

David Allison QC - South SquareA user-friendly, intellectual heavyweight who gets into the detail of a case.

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