Nigel Jones QC and Sarah McCann of Hardwicke are advising Focus Insurance, one of the claimants in Clydesdale Financial Services & Ors v Smailes & Ors (Chancery Division). This insolvency case, which was chosen by The Lawyer to be one of the top 10 cases of 2010, involves the removal of administrators of a law firm which was put into pre-packaged administration, the alleged sale at undervalue of the firm’s assets, and insurance to cover bank loans funding the firm as well as ATE insurance for clients. The date of the hearing is to be confirmed.
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