3 members of 4 Stone Buildings appear in the High Court on first ever application for special administration of an energy supply company under Energy Act 2011

On Wednesday 24 November 2021, 3 members of 4 Stone Buildings appeared in the High Court before Adam Johnson J in an urgent application for a special administration order of Bulb Energy Ltd. Andrew de Mestre QC and Lara Hassell-Hart appeared (instructed by OFGEM) for the Gas and Electricity Markets Authority, the successful applicant. Nicholas

4 Stone Buildings celebrates the 20th annual Pro Bono Week

Monday 1 November 2021 marks the start of the 20th annual Pro Bono Week and we at 4 Stone Buildings are proud to be connected with a wide range of pro bono and volunteering schemes, both within and outside the legal sector. In particular: Two of our members are trustees of the Bar’s national pro

£15m Fraud claim dismissed

Daniel Kessler (led by Bridget Lucas QC from Fountain Court Chambers) appeared for the First Defendant in European Real Estate Debt Fund v Treon & Ors [2021] EWHC 2866 (Ch), a £15m claim for deceit. The Defendants successfully argued that the claim was time-barred, and the claimant could with reasonable diligence have brought their claim sooner. The

Suspension of Wrongful Trading ends but important questions remain

Under ss. 214 and 246ZB of the Insolvency Act 1986, where a director of a company knows, or ought to conclude that there is no reasonable prospect that the company will avoid going into insolvent liquidation or insolvent administration, he or she must take every step that a reasonably diligent person having both the knowledge,

Restrictions on winding-up petitions: update by Zara Mcglone

The Corporate Insolvency and Governance Act 2020 (‘CIGA 2020’), which entered into force on 26 June 2020, introduced the most significant changes to insolvency law in the United Kingdom for almost twenty years. These changes included temporary restrictions on creditors’ actions, which were set out in Schedule 10 to CIGA 2020 and were introduced in