Restructuring and insolvency

Stuart has advised clients of all descriptions in relation to restructuring and insolvency situations.

Each one has personal implications for those involved and taking steps to guide the client through the maze whether it is the office holder, the director, the creditor or the debtor.

XL Airways insolvency

Involved in the insolvency of the credit card forwarder regarding the failure of XL Airways.

Leeds United insolvency

Acting for the non-fiscal creditors of Leeds United; the office holders involved in the insolvencies of Portsmouth, Coventry City and Glasgow Rangers.

Music and publishing business

Advising the directors of a leading music and publishing business regarding their duties and obligations arising from a dispute between the shareholder and the senior lender.

Cross-border insurance insolvency

Advising the liquidator in relation to the realisation of interests held in the insolvent insurer's subsidiary in a cross border matter.

Corporate crime and directors' criminal liability

Stuart has been involved in a number of issues arising from the disqualification of directors due to numerous insolvency situations. These range from advising in relation to the insolvency of Formula 1 motor racing teams to the collapse of FTSE 100 companies.

Formula 1

Advising the board of directors in relation to the consequences of the insolvency of a Formula 1 motor racing team.

FTSE 100

Advising various groups of directors on the collapse of FTSE 100 companies.

Music publishing business

Advising the directors of a leading music publishing business regarding their duties and obligations arising from a dispute between the shareholder and the senior lender.

Fraud and asset tracing

For every loss there is a victim seeking justice. Stuart has been involved in a number of cases acting for clients who, for a variety of reasons have become embroiled in all nature of disputes.

In some cases, disputes are resolved and results are achieved by setting aside orders subsequently found to have been obtained by fraud.

Asian high net worth estate

Attempting to trace assets involving an Asian high net worth estate as a result of a breach of trust by a trustee.

Property asset tracing

Tracing assets in relation to the insolvency of a large property portfolio of an individual debtor.

Multi-million arbitration order

Tracing assets for the current corporate rescue of an individual pursuant to a multi-million arbitration order.

Aviation

XL Airways

Involved in the insolvency of the credit card forwarder regarding the failure of XL Airways.

Globespan

Involved in the insolvency of the credit card forwarder regarding the failure of Globespan, a low-cost airline based in Scotland.

MK Airlines

Advised the liquidators of MK Airlines, a British cargo airline, on losses arising from crashes in Kenya and South Africa.

Sport

Leeds United

Acting for the non-fiscal creditors of Leeds United; the office holders involved in the insolvencies of Portsmouth, Coventry City and Glasgow Rangers.

Rangers FC

Acted for the liquidators of Rangers FC Limited.

Coventry City FC

Acted for the administrators of Coventry City Football Club Limited.

Portsmouth City FC

Advised in connection to the insolvency of Portsmouth City Football Club.

Media

Music publishing business

Advising the directors of a leading music publishing business regarding their duties and obligations arising from a dispute between the shareholder and the senior lender.

Twickenham film studios

Advised on various claims in relation to this administration of Twickenham Film studios.

Hollywood film distributer

Advised liquidators on the realisation of a shareholding held by a subsidiary in a film distribution company based in Hollywood.

CIS and CEE

Advising financial institutions from these jurisdictions relating to the insolvencies of companies and individuals within CIS and CEE.

Insurance

Advised the liquidator of a Gibraltar based insurer involving cross border issues involving Ukrainian re-insurance and the recognition of the foreign appointment.

CIS clothing company

Advised the affected parties following the failure of a privatisation of a clothing company in the CIS.

Ablyazov vs BTA Bank

Advised on one of the largest fraud claims ever to come before the English courts.

France

Liaising with French based law firms and office holders in the cross border issues arising from their appointments.

Moulinex

Advised a French Judiciary Administraire on the insolvency of Moulinex.

Cross-border insolvency

Advised the liquidator of a Gibraltar based insurer involving cross border issues involving various jurisdictions including France.

French insolvency

Advised in relation to the assigning of claims owed by a French insolvency to a third party funding administrator.