I primarily act for insolvency practitioners, various categories of financier, distressed companies and their directors. My experience covers the full range of insolvency work, from purchases and sales in trading insolvencies to multinational multimillion pound frauds. By way of example, I acted for the administrators of Redx Pharma Plc, an AIM listed pharma company, in a ground-breaking corporate rescue in which Redx was returned from administration to the control of its directors and its shares were re-listed on AIM. Redx operated in the highly specialised pharmaceuticals sector and traded whilst in administration, raising a number of complex issues which were highly unusual in the context of an administration. Eventually the joint administrators sold patents to a US pharmaceuticals company for US$40 million enabling the rescue. I also act for the German administrator of a large group of companies in a complex global fraud with over €1billion of investors' funds.
I also advise distressed debt purchasers on the implementation of their varied realisation strategies, including acting for the administrators and receivers of two companies and their 65 properties, broken into 450 commercial units, in implementing their varied sales, build and development strategies. In the oil & gas sector I advise both operators and contracts on the challenges faced by them, and sat as the only insolvency representative on the LOGIC standard contracts working group.
I have the honour of being the chair of the R3 General Technical Committee, a member of the Policy group and a member of Council, as well as being a member of the Consulting Editorial Board for the LexisNexis Restructuring & Insolvency PSL product.
What others say…
As well as his ability to provide ‘sound practical advice’ on fee-earning matters, including on often arcane areas of insolvency law, Stewart Perry is also a recognised thought leader in the space.
[Stewart] is highly regarded by both clients and peers as a very commercial and personable practitioner and a terrific lawyer