News & Events
News & Events
Tim Prudhoe and Justina Stewart look at the likely implications of the Corporate Insolvency and Governance Bill on several overseas jurisdictions. In the short time since first published (22 May 2020), much electronic ink has been spilt on the most significant reforms introduced by the UK Parliament in a generation to insolvency and restructuring law – the Corporate Insolvency and Governance Bill. Much, though, is still left unsaid as to the likely wider reach outside of the UK of the finished product. The raw material is there for this to have a major impact in several overseas jurisdictions that follow the English common law model (albeit not, directly, its actual statutory regime). In this article, Tim Prudhoe and Justina Stewart highlight the…
Legal Blogs 12 Jun, 2020
Outer Temple Chambers’ Justina Stewart and Signature’s Johnny Shearman’s article on pressure on market participants to address litigation risk bedevilling LIBOR transition has been published in the FT’s Global Risk Regulator. Covid-19 has caused a dramatically increased need for credit, as well as significant uncertainty about the value of a huge range of assets. LIBOR is the world’s most widely used interest rate benchmark. Market behaviour, in light of Covid-19, has only served to confirm the lack of LIBOR’s representativeness. Therefore, the FCA and the Bank of England have not changed their core message – firms cannot rely on LIBOR being published after the end of 2021. However, as matters stand, it remains for the market to effect the transition.…
Covid-19 8 Jun, 2020
We are delighted to announce that Justina Stewart, Nick Johnson QC and Sophie O’Sullivan have joined Outer Temple Chambers, providing strong additions to our Commercial and Business Crime teams. Justina Stewart is a commercial and chancery barrister, with a particular focus on banking, financial services, regulatory, company, insolvency, civil fraud and business crime, and related professional negligence. Justina works in the UK and internationally. Ranked as a Leading Junior in Banking and Finance and Insolvency, Justina has been described in the directories as “a force to be reckoned with” who is “far more financially literate than most barristers”. Before coming to the Bar, Justina was an international investment banker, working with top-ranked corporate finance teams on complex transactions, predominantly in…
News 29 Nov, 2019
