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
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.
Memberships
COMBAR, Chancery Bar Association.
Education
Downing College, University of Cambridge (MA Law, 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.'