South Square's members frequently combine market-leading expertise in corporate insolvency and civil fraud with an in-depth knowledge of company law matters. David Allison KC acts for the joint administrators on the conduct of the $5bn administration of Greensill Bank. Opposing Felicity Toube KC, Allison KC also appeared for the McDermott construction group in relation to its successful restructuring of over $2bn of financial debt and over $1bn of unsecured debt. Turning to the set's juniors William Willson appeared for banks at the high-profile convening hearing for the Thames Water restructuring plan.
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Profile
Position
Felicity Toube QC specialises in domestic and cross-border insolvency and restructuring, banking and financial services, commercial litigation, civil fraud, and company law. Felicity is regularly instructed in cases in the Cayman Islands and the BVI. She acts as an expert (in the laws of England and other common law jurisdictions) in international proceedings (including in the USA).
Felicity has acted on all the recent major corporate insolvencies, including: Gategroup, Jain Group, NMC, Pizza Express, Smile Telecoms, Codere, Swissport, Carluccios, Debenhams, Matalan, Saad, Madoff, Peak Hotels, Lehman, Stanford, Nortel, and MF Global. She also acted for the successful supporting creditor in the Gertner appeal.
She is a mediator (ADR Group), an arbitrator (CiArb), and Co-Chair of the INSOL Mediation Colloquium.
Felicity’s publications include: Moss, Fletcher & Isaacs on the EU Regulation, Toube on "International Asset Tracing in Insolvency" (OUP), Halsbury’s Laws on Corporate Insolvency. Felicity is Chair of the Editorial Board of Insolvency Intelligence, a Board member of III, and Chair of the Appeal Panel for ICAS.
She also teaches on the BCL course at Oxford University and is currently undertaking a part-time DPhil in Law at Oxford University, focussing on issues of cross-border insolvency.
Career
Called 1995 (Inner Temple); QC 2011; Called to the Bar of the Cayman Islands 2012; ADR Group Accredited Civil & Commercial Mediator 2015; appointed to INSOL International Mediation Panel 2015.
Memberships
COMBAR; Chancery Bar Association; International Association for Asset Recovery; Insolvency Service/ILA committees on the EU regulation and UNCITRAL.
Education
Magdalen College, Oxford University (1994 BCL, First Class).
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Testimonials
Collated independently by Legal 500 research team.
'The clerks at South Square are a pleasure to deal with. In particular, I have found Dylan Playfoot and Luke Clark to be very responsive and provide a great service.'
- 'The best in Restructuring & Insolvency both domestic and international. An array of talent at all levels. The clerks, especially Dylan Playfoot are exceptional.'
'The clerks are excellent - always responsive, polite, helpful.'
- 'Top company law practice with a deep bench of KCs and a strong clerking room.'
'South Square is the go-to set if you are doing restructuring work. They are either working on or have worked on the leading cases in the market. This makes them indispensable for complex matters.'