Chambers Review
Provided by Chambers
Restructuring/Insolvency - UK
What the Team is Known For
XXIV Old Buildings is "very capable in the insolvency and restructuring arenas", 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 acted for an Irish businessman in Re Emerald Meats (London) Limited, which is in liquidation following fraudulent claims and breach of fiduciary duties.
Strengths
XXIV Old Buildings has a very responsive team of clerks.
Head of clerking Paul Horsefield is a treat to work with, a can-do guy.
The clerking team are responsive, they'll always find the right person for the job and they can be trusted.
Notable practitioners
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.
Stuart is very thoughtful and impressively responsive.
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.
Hugh is an impressive lawyer. He is very smart and a capable advocate.
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.
Stephen is affable and easy to deal with. He is particularly knowledgeable in BVI-related matters.