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Overview
Crispin Daly is an associate in the London office of Paul Hastings. His practice is focused on contentious insolvency matters, where he acts for creditors (including creditors’ committees), insolvency office holders, agents, and debtors in relation to formal insolvency processes, informal arrangements, and related matters. He has significant experience with cross-border matters, including multi-jurisdictional disputes, parallel insolvency and restructuring processes, recognition and assistance of insolvency office holders, and enforcement. He also has considerable experience with litigation funding and after-the-event insurance, including acting on funded cases and acting for litigation funders.
Recognitions
- Named a 'Rising Star' for Corporate Restructuring and Insolvency - The Legal 500 UK 2023
- 2023 Edition of Best Lawyers: Ones to watch in the United Kingdom (published June 2022)
- Recognised for Excellence in The Legal 500 United Kingdom (Rising Star category)
- Chambers UK Recognition 2020 “Associates to watch”
- Associates to watch for restructuring / insolvency – Chambers UK 2020
- 21 Sep 2020 – UK representative at the INSOL Europe Financiers’ Group panel discussion on “the impact of COVID pandemic and the effect of COVID legislation on struggling enterprises and their ability to fulfil their contractual and financial obligations”
- The Legal 500 2020: “Rising Star” category
- The Legal 500 2019 “is a committed adviser and provides technical and strategic skills”
- The Legal 500 2018 "an amazing attention for detail and an ability to absorb and distill huge quantities of material"
- Crispin Daly is regarded for his skill in assisting clients with both domestic and cross-border insolvencies. He has particular expertise in insolvency litigation.
- "He has a great grasp of the law and exceptional judgement." "Crispin is fantastic technically."
- “Crispin Daly is well versed in complex and international insolvency issues.”
- “Crispin Daly has great intellect, exceptional attention-to-detail and wonderful client skills. He really is one to watch. A future star, if not already one!”
Education
- BPP University, London, Legal Practice Course 2008
- BPP University, London, Graduate Diploma of Law 2007
- Glasgow University, MA (Hons) Modern Languages, 1996
Representations
- Advised potential buyers in respect of assets of Royale Life
- Advised the administration managers of ITI Trade Limited
- Advised potential buyers in respect of the Railsr Bank administration
- Advised the Chapter 11 Trustee in respect of contested recognition and assistance proceedings in Re Ho Wan Kwok
- Advised senior creditor in claims relating to NMC Healthcare dispute in the Abu Dhabi Global Market
- Advised the buyer on restructuring the Argyll Group portfolio of serviced offices.
- Advised the supervisors of fourteen interlocking CVAs for Park First Group, including in respect of defending a challenge application
- Advised GLAS in relation to the restructuring of ABS.
- Advised the administrators of Industrial Northwest LLP.
- Advised the administrators of Kew Media.
- Advised bondholder on contesting the restructuring plan in Re gategroup Guarantee Limited
- Advised aggregator creditor in respect of Lehman Brothers International (Europe)
- Advised the US Statutory Creditors Committee in respect of Special Administration of MF Global
- Advised the US Unsecured Creditors Committee in the Chapter 11 proceedings of Westinghouse Electric Corporation
- Advised a group of creditors in representative litigation relating to the liquidation of ARM Asset Backed Securities S.A.
- Advised the agent/ security agent in respect of the appeal hearing in the matter of FSHC Group Holdings Limited
- Advised the agent/ security agent in respect of an application to remove administrators in the matter of Zinc Hotels Investments Ltd v Beveridge
- Advised fund creditor in just and equitable winding-up proceedings in shareholder dispute of ETFS Securities Limited
- Acted for agent/ security agent in co-issue of bonds and scheme of arrangement in Codere
- Acted for administrators in COMI shift and administration of Northsea Base Investments Limited
- Acted for liquidator in first Chilean office holder foreign recognition in Onix Capital S.A.
- Acted for Cayman CIMA Controllers and Liquidators in UK recognition of Caledonian Bank
- Acted for Provisional Liquidators of DD Growth 2X Fund in respect of English and Cayman clawback claims
news
- Paul Hastings Again Recognized in the 2024 Edition of The Legal 500 UK Solicitors - October 5th, 2023
- Paul Hastings Receives High Rankings in the 2023 Edition of The Legal 500 UK Solicitors - September 29th, 2022
- Paul Hastings Practices and Lawyers Recognized for Excellence in Legal 500 United Kingdom 2022 - October 1st, 2021
Recognitions
insights
Engagement & Publications
- Analysis article published by Lexis Nexis and Lexology Feb 2021 regarding Gategroup Restructuring Plan
- Rank Inequality: the consequences of the creation of “super priority” debts under the Corporate Insolvency and Governance Act 2020 moratorium published in Butterworth Journal of International Banking and Financial Law, Feb 2021
- UK Representative on INSOL Europe Financier’s Group panel discussion September 2020 on impact of COVID and COVID legislation on ability of companies to resist insolvency
- INSOL Europe Annual Congress, Warsaw 2017, panel moderator (“Brexit: Impact on European restructurings”)
- INSOL Europe Annual Congress, Lisbon 2016, panel moderator (“Debt trading – buying loan portfolios and distressed debt trading”).
- INSOL Europe Eastern European Countries’ Committee Conference in Cluj-Napoca, Romania 2016, (“Distressed Investment: Non performing loans”)
- Contributor to insolvency section of “Brexit: Opportunities, Challenges and The Road Ahead”, Britain in Europe Policy Report, Brunel University London, October 2016)
- “Continental Drift: Challenges and Possible Solutions to Cross-Border Insolvency Issues Following Brexit”, International Corporate Rescue 2016
Involvement
- Higher Rights of Audience (Civil Proceedings) January 2015
- Member INSOL Europe (former member of Technical Committee)
- Member Insolvency Lawyers Association