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Penningtons Manches Cooper LLP
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Restructuring/Insolvency: Litigation

Chambers Review

Provided by Chambers

Restructuring/Insolvency: Litigation - London (Firms)

3
Band 3

What the Team is Known For

Penningtons Manches Cooper is well versed in managing insolvency proceedings in the context of concurrent criminal proceedings. The firm has specialist expertise in the niche area of digital assets in insolvency, ensuring that cryptocurrencies, NFTs and blockchain-based tokens are appropriately valued, managed, and liquidated during insolvency proceedings.

Notable practitioners

Rebecca Andrews-Walker is a key contact.

Work Highlights

  • Penningtons Manches Cooper advised Net Pay, a creditor of Allied Wallet, on the challenge to its circa £2.5 million proof of debt in the long-running liquidation of Allied Wallet.

Strengths

Provided by Chambers

The team provided a clear, balanced review of the situation and a strategy to mitigate the risks.

Restructuring/Insolvency: Litigation respondent
UK

Penningtons Manches Cooper are very effective, tactically astute and very good at dealing with the various twists and turns of the case. They are very commercial, with good client management skills.

Restructuring/Insolvency: Litigation respondent
UK

Penningtons are very proactive, with good stakeholder management. They go over and beyond to do a good job, and they are proactive in bringing things to the table.

Restructuring/Insolvency: Litigation respondent
UK