Restructuring/Insolvency - UK
XXIV Old Buildings offers expertise in both domestic and international insolvency matters, and its members are highly regarded for their handling of cases arising in offshore jurisdictions such as the British Virgin Islands, the Cayman Islands and the Isle of Man. Areas of expertise for the team include complex administrations, liquidations and both company and individual voluntary arrangements. The set's barristers are also well versed in directors' disqualification proceedings and asset tracing and recovery matters. Over the past 12 months, barristers at the set have continued to be instructed on prominent offshore insolvency matters including Carlyle Capital Corporation Limited (in liquidation) & Others v Conway & Others concerning a number of alleged breaches including of fiduciary duties in the failure of a hedge fund.
Client service
"The clerking team are good to work with, very responsive and look after you."
"The team are very efficient."
Paul Horsfield is head of clerking.
Notable Practitioners
Stephen Moverley Smith KC
Stephen Moverley Smith KC attracts major international instructions owing to his deep experience in cross-border matters. He frequently appears in courts in the British Virgin Islands and Cayman Islands, as well as the Privy Council. He has a particularly robust reputation in the area of offshore work and trusts. "He is a top-drawer silk."
Stuart Adair
Stuart Adair is a popular choice for clients seeking high-quality advice on both contentious and non-contentious matters in the insolvency arena. He is frequently instructed in the most litigious disputes and has expertise in cases concerning claims of misfeasance, fraudulent trading and setting aside prior transactions. "He is excellent in court, especially in cross-examination. He is always immaculately prepared and able to identify issues others have missed."
Hugh Miall
Hugh Miall is a well-regarded junior with a broad insolvency and restructuring practice spanning both contentious and non-contentious work. He is particularly adept at advising on cross-border matters and foreign insolvencies. He also offers expertise in asset recovery after bankruptcy or liquidation, claims involving antecedent transactions and misfeasance, IVAs and CVAs, and winding-up proceedings. "He is excellent in written work and on his feet."
