Nick specialises in the department's key sectors of restructuring and insolvency; fraud and asset recovery; and financial litigation. He regularly acts on cross-border litigation and has experience of other jurisdictions such as Jersey, the Isle of Man, BVI, Cyprus and Singapore. He has recent experience of many interlocutory applications including freezing orders, receivership orders, disclosure and delivery up orders, and security for costs. He represents clients in the High Court, in arbitration and at mediation.
His insolvency work is focused on contentious matters including Insolvency Act applications and full-bore litigation often involving fraud and asset recovery. He acts for insolvency practitioners, creditors, debtors and other stakeholders in both corporate and personal insolvency contexts.
Nick has significant fraud and asset recovery experience. He has acted for and advised applicants, defendants and third parties in relation to freezing orders, various injunctive relief and disclosure and delivery up applications. He is currently acting in a multi-party, multi-jurisdiction dispute for enforcement receivers appointed to recover assets to meet a high value Confiscation Order obtained by the Serious Fraud Office arising from a significant fraud.
Nick has also acted in commercial litigation matters relating to structured products, shareholder disputes, professional negligence, and high-value trusts for companies, banks and high net worth individuals.
"Nick Axup is an extremely energetic and dynamic lawyer."
The Legal 500 UK 2023