Lucy advises companies, insolvency practitioners, lenders and individuals on a wide range of financial issues, incorporating both corporate and personal insolvencies and issues of an international and cross-border nature.
Lucy joined Stevens & Bolton in 2015 having trained and qualified at a City law firm.
She has particular experience in insolvency-related litigation, including pursuing claims against former directors, CVA challenges, applications for and in the context of administration, applications under the Cross Border Insolvency Regulations 2006 and a wide range of bankruptcy-related applications (including annulment).
Lucy also regularly advises on out-of-court and non-contentious issues including strike off and restoration, members’ voluntary liquidation, advice on directors’ duties and insolvency options, validity of security and appointments, regulatory issues and the appointment of receivers.
Recent highlights include:
- Acting for liquidators of a UK company in antecedent transaction claims against its parent company and former directors, who are each based in the USA
- Advising the liquidators of a peer-to-peer lending platform on various issues including its investor and creditor claims (in light of the regulatory framework), the enforcement of loans and the recovery of secured assets, including the appointment of receivers
- Advising Australian Trustees in Bankruptcy on obtaining recognition of their appointments in the UK, including successfully making applications to the Court under the Cross Border Insolvency Regulations 2006
- Assisting with a corporate group simplification exercise in preparation for members’ voluntary liquidation, including effecting share capital reductions, documenting intragroup loans, drafting debt waivers and seeking bank consent under existing finance arrangements
- Launching a CVA challenge application on the basis of material irregularity and unfair prejudice due to the treatment of certain categories of creditor claims
- Advising Trustees in Bankruptcy in asserting various claims relating to the transfer of beneficial interest in the bankrupt’s primary residence, including void disposition, transactions defrauding creditors and transaction at an undervalue
- Advising an insurance company on the drafting and implementation of a scheme of arrangement with certain of its creditors under Part 26 of the Companies Act 2006
Lucy regularly produces articles on insolvency-related issues and has been published in the Journal of International Banking and Financial Law.