Creditor Services

Notable Experience

• Advising a multinational oil and gas company, in relation to its claim as the major creditor in a subsidiary engineering company's administration, including in a substantial dispute as to the value of its proof, the validity of its security, and the ownership of valuable assets held by the administrators
• Advising a multinational bank, in relation to its £200 million proof in a subsidiary's administration, including in heavily contested court proceedings concerning the value of its proof and its opposition to a Scheme of Arrangement proposed by the administrators
• Advising creditors of a peer-to-peer lending platform which collapsed after over £40 million of client monies were misapplied, including in relation to: (i) the appointment of a representative to assert claims in the insolvent estate on behalf of 3,500 investors; and (ii) complex court applications which were necessary to ascertain the beneficial ownership of c.£15 million of funds remaining in the company
• Representing various investors on liquidation/creditor committees in both the UK and offshore jurisdictions