Our team members are highly experienced in advising officeholders, financial institutions, directors, creditors and other stakeholders across all aspects of corporate insolvency.
We focus on advising with respect to contentious issues arising in the context of corporate insolvency. We have particular expertise advising in relation to insolvencies which involve allegations of fraud, dishonesty or breach of duty, drawing on the firm’s expertise in cross-border asset tracing and enforcement to secure a successful outcome.
Many of the insolvencies we deal with have a cross-border element and we have significant experience co-ordinating insolvencies which span multiple jurisdictions. We are familiar with the UNCITRAL Model Law, in the context of information gathering and also as a gateway for bringing substantive claims.
Our notable experience
Acted for a private equity house in its successful defence of a €1 billion claim brought by the liquidators of a Greek telecoms company.
Advised administrators with respect to a £70 million preference alleged to have arisen from a complex financial restructuring.
Advised liquidators of a company engaged in MTIC fraud in claims in excess of £60 million against the company’s former directors and connected parties.
Advised liquidators with respect to claims in excess of £20 million to recover void post-petition dispositions.
Assisted the liquidators of an English company in bringing claims in excess of £40 million in Singapore and Hong Kong and obtaining ancillary freezing and asset disclosure orders.
Advised administrators of a commodities management company in connection with the misappropriation of over US $20 million of commodities, including in relation to the implantation of a CVA in order to rescue the company as a going concern.
Acted for a claimant company in claims to recover dividends with a value of US$800 million.
Advised the victims of a €200 million investment fraud with respect to cross-border insolvency issues and claims against directors and banks.
Assisting liquidators in obtaining Chapter 15 recognition in order to obtain information and pursue substantive actions in the USA.
We have worked with clients from around the world, who seek us out for our outcome-driven approach and pragmatic advice. We ensure every case is tailored to meet the needs of each client – often leaning on our litigation colleagues to support arbitration proceedings, for example in the case of interim relief applications.
With one of the most experienced teams in the country, we routinely tackle asset seizure and forfeiture investigations for a wide range of clients. We have established a number of legal precedents in this space, and have become the go-to firm for proactive, expert advice.
In a fast-evolving, global environment, where penalties for any breach are severe and the need to bring timely challenges is crucial, our sanctions team provides specialist advice, backed by worldwide experience.