Barristers at XXIV Old Buildings are specialists in advisory work and advocacy in relation to domestic and international insolvency matters – both corporate and personal.
They advise and provide specialist advocacy on contentious and non-contentious matters across wide-ranging practice areas including complex offshore contentious trust proceedings where insolvencies and liquidations feature, aviation insolvency proceedings, insolvency-related civil fraud and asset tracing and recovery matters.
They are instructed on high profile liquidations and insolvencies for clients that include large multi-national conglomerates, trust structures, private individuals and UHNW individuals.
In line with Chambers’ strong international and offshore presence, members are frequently instructed on matters concerning the application of cross-border regulations and foreign insolvencies, including EC Regulation, the Cross-Border Insolvency Regulations and UNCITRAL model law.
In particular, members are often instructed in relation to insolvency issues arising from the Channel Islands, Cayman Islands, the British Virgin Islands, the Isle of Man, Gibraltar and other offshore jurisdictions.
Manolete Partners Plc v Karim & Ors [2024] EWHC 2053 (Ch)A significant and factually striking claim for breaches of directors’ duties and associated wrongs arising out of a substantial insolvent liquidation. The judgment explores an array of legal issues, principles and authorities relevant to insolvency litigation more widely.
This is the leading case on s.423 of the Insolvency Act 1986 arising from a bank’s attempt to enforce two UAE judgments for a c.£20m claim against a Lebanese businessman and his family.
Acting for the liquidator of a major pan-Caribbean insurance company defending proprietary claims made against it by a Suriname associate.
This matter concerned a number of alleged breaches including of fiduciary duties in the failure of a hedge fund.
Acted for the trustees in the bankruptcy of Boris Berezovsky’s insolvent estate agent against which estate a proprietary, and other, claims are being made by the former partner of the Russian businessman, who died in suspicious circumstances.
High Court/Business and Property Court claim from a promoter creditor pursuing claims in the liquidation of a ticket agency.
