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Edwin Coe is well placed to advise on all aspects of restructuring and insolvency, with a highly experienced team and a consultant who is dual qualified as an Insolvency Practitioner.

Whether you are an individual facing personal ƒƒMisfeasance insolvency, a company requiring advice on corporate Restructuring processes restructuring, or an Insolvency Practitioner acting ƒƒ as an office holder, we are able to advise on all ƒƒUnlawful dividends aspects of insolvency, bankruptcy and liquidation. We also regularly undertake licensing and We regularly undertake work in the following areas: disciplinary work for Insolvency Practitioners, ranging from individual practitioners to firms of ƒƒAdministrations and receiverships accountants of all sizes. Bankruptcies and liquidations ƒƒ Where necessary we are able to call upon the ƒƒCivil fraud knowledge and expertise of lawyers working in ‘In the insolvency ƒƒConfiscation and restraint proceedings complementary areas within the firm, such as Director claims banking, property, employment, litigation and field their reputation ƒƒ insurance, to assist clients with a wide variety of is very good indeed. ƒƒDirectors disqualification proceedings complex issues. Whether we act on a conditional Whenever there is a ƒƒDirector loan accounts fee basis, a fixed fee or time cost basis, we promise ƒƒIndividual and company voluntary value for money. complicated case we arrangements always use them.’ ƒƒLPA receiverships Chambers UK 2018 Examples of our work

We have handled: issues which arose in respect of keeping the ƒƒActing for the Trustee in Bankruptcy in a workforce together without incurring the large and complex case involving debts of personal liability of the Administrators. more than £40 million, in respect of an illegal ƒƒActing for the Administrators of a firm of pyramid scheme. A number of separate solicitors, providing advice in relation to the proceedings have been commenced alleging partnership deed and practising constraints fraud for in excess of £10 million. imposed by the partners’ professional ƒƒActing for the Administrator of a national chain obligations. The administration gave rise to the of menswear clothing shops based in major sale of the business as a going concern. retail outlets. This case involved complex issues ƒƒActing for the LPA Receiver of a tenanted regarding the disposal of the Company and its commercial property regarding various assets. issues relating to his appointment, disputes ƒƒActing for the Chief Executive of a high-profile with occupiers, marketing and strategy for hotel group in administration, in relation to repayment of the Appointor’s debt. serious allegations made by the Administrator ƒƒActing for the Petitioning Creditor and the concerning his conduct as a Director. Joint Liquidators of a UK residential housing development company in pursuing its former edwincoe.com ƒƒActing for the Administrators regarding the sale of a major technology group, and directors for fraud, bribery and misfeasance. providing advice on complex employment ƒƒActing for a bankrupt who was charged ƒƒActing for a third party in determining the limit under the Insolvency Act 1986 for failing to of a liquidator’s powers to compel the delivery ‘They lead the field with disclose his assets, in particular the existence of information and documentation under of Swiss bank accounts and gold ingots. The section 236 of the Insolvency Act 1986. a strong specialist team case involved assisting the bankrupt’s criminal ƒƒActing for the Trustee in the bankruptcy of of both partners and lawyers in understanding the Insolvency three debtors who together operated an illegal Act but also leading negotiations with the associates.’ pyramid scheme called Planline. The matter bankrupt’s Trustee in Bankruptcy in order to involved undertaking detailed examinations Chambers UK 2019 compromise the bankrupt’s affairs, partly with of numerous antecedent transactions to place a view to mitigating the criminal charges. assets out of reach of creditors, pursuing ƒƒActing for liquidators of a multimillion investigations to recover assets in Italy, the pound fraud investigation against the former Baltics and Switzerland and working closely ‘Ali Zaidi strikes a good directors of an AIM listed natural resources with the FSA and SFO. balance between being company following the transferring of shares ƒƒActing for the liquidator of a distributor in in subsidiary companies for questionable claims against directors and shareholders pragmatic and knowing consideration. This matter is being run in close regarding dividends and property transactions the law.’ co-operation with the Serious Fraud Office which depleted the company’s assets. The (SFO) and the Financial Services Authority (FSA). case was settled at a mediation. Chambers UK 2019 ƒƒActing for liquidators of a multimillion pound ƒƒActing in the matter of a bankrupt estate the land banking scheme, which misled investors deficiency in which is c.£1.2 billion. Advising about the true investment value and the on the trustee’s application to suspend expectation of future development of the sites. discharge, obtaining discharge and then This matter involves hundreds of creditors in advising on compliance with the statutory which the liquidators are seeking to recover duties to assist and attend. several million pounds and is being pursued in close co-operation with the FSA. ƒƒAdvising the administrators in the matter of a failed hotel room investment vehicle. Advising ƒƒActing for a trustee in bankruptcy of a dealer in on the sale of the charged land for £10 million, residential and commercial properties, where and the extent to which the security provides there was ongoing complicated litigation with for the consideration to be released to the other investors in those properties. We had to chargee. Advising on the investors’ claims, identify which matters were worth pursuing and their interests in land, and the anti-deprivation which ones were not, in order to avoid our client principle. incurring liability for other parties’ legal costs.

Our Team

For further information please contact a member of the team on +44 (0)20 7691 4000 or e-mail a team member direct: [email protected] For individual profiles Ali Zaidi Simeon Gilchrist please visit our website: Head of Litigation and Insolvency Partner www.edwincoe.com t: +44 (0)20 7691 4074 t: +44 (0)20 7691 4166

Edwin Coe LLP 2 Stone Buildings Lincoln’s Inn London WC2A 3TH David Fendt Sophia Bompas Chris Berry t: +44 (0)20 7691 4000 Senior Associate Associate Consultant e: [email protected] t: +44 (0)20 7691 4138 t: +44 (0)20 7691 4184 t: +44 (0)20 7691 4051 edwincoe.com

Edwin Coe LLP is a Limited Liability Partnership, registered in England & Wales (No.OC326366). The Firm is authorised and regulated by the Solicitors Regulation Authority. A list of members of the LLP is available for inspection at our registered office address: 2 Stone Buildings, Lincoln’s Inn, London, WC2A 3TH. “Partner” denotes a member of the LLP or an employee or consultant with the equivalent standing.