Adam Goodison’s specialisations include restructuring, insolvency, finance/business litigation, company law and trusts litigation.
He is regularly instructed on high profile domestic and international restructurings involving litigation in London or overseas.
Clients praise his encyclopaedic knowledge of the law mixed with a pragmatic and commercial approach. “He is a class act in every sense." "He is very hard-working, very supportive of solicitors and someone who brings a lot to the table."
Recent notable cases include Far East Capital (restructuring of port of Vladivostok), Carillion plc (issues arising in UK collapse), Russian Standard (Russian retail bank restructuring), Petroplus (oil refinery group restructuring), Paragon Offshore (oil drilling group administration and restructuring), Re Apcoa Parking GmbH (car parking group restructuring), Re Primacom, Re Seat Pagine (Italian directory restructuring), Re Cortefiel, Re Orizonia, Re Icopal, Re Yell, Saad Holdings, Singularis, Coventry FC, Portsmouth FC, Plymouth Argyle FC, Battersea Power Station, Re Nortel, MF Global, Re Globespan and Jet Star v Sandhu.
AREAS OF PRACTICE
Insolvency and Restructuring
Recent cases include:
- Re Carillion plc, UK collapse and insolvency.
- Re Far East Capital (Snowden J 3 November 2017 judgment), restructuring / scheme of arrangement re Port of Vladivostok.
- Re Seven Energy, restructuring of oil energy group with main business assets in Nigeria.
- Paragon Offshore, UK administration in support of Ch 11 proceedings in Delaware.
- Re Petroplus, set off issues and subordination issues arising in English insolvencies.
- Re Icopal A/S  EWHC 3469 (Ch), restructuring debt of €669,220,000 / scheme of arrangement
- Re General Healthcare Group, restructuring debt of £1,650,000,000 / prospective scheme of arrangement (July / August 2013)
- Re Globespan Airways  EWCA Civ 1159;  1 WLR 1122, administration / termination / Companies House registration
- Re Coventry City FC, administration / Proper Expenses
- Re Cortefiel and Re MEP II SARL  EWHC 4192 (Ch), restructuring debt of €1,385,000,000 / scheme of arrangement
- Re Seat Pagine Gialle SPA & Re Lighthouse International Company  EWHC 3686 (Ch), restructuring debt of €
- 2,770m / scheme of arrangement / consent fees / COMI shift / administration / cross border merger
- Sandhu (Isher Fashions UK) v Jet Star Retail  EWCA Civ 459, proper construction of terms and conditions; administration / retention of title / wrongful Interference
- Re Primacom  EWHC 3746 (Ch)
- REO Powerstation, letter of request / administration of Battersea Power Station
- Re Diwan; Re Orion Holdings Overseas, Dubai International Financial Centre; fraud litigation; disclosure against auditor
- Re Wind Hellas, COMI shift/administration; restructuring
Banking and Finance
- Singularis v Daiwa  EWHC 257 (Ch), banker’s duty re payment requests, negligence, dishonest assistance issues.
- Espirito Santo, isssues arising in restructuring of bank.
- Russian Standard, restructuring of Russian deposit bank.
- Governor and Company of Bank of Scotland v Neath Port Talbot Borough Council  EWHC 2276 (Ch), PFI contracts/step in rights/ facility agreement /fixtures.
- Re Bank Mandiri, enforcement of facility agreement
- Re Ethel Austin, proper construction of facility agreements; recovery of bank lending
- Re Ideal Standard, proper construction of facility agreement/ inter-creditor agreement
- Contributor to Company Directors, Duties Liabilities and Remedies (Mortimore QC).
- Various cases advising on Companies Act 2006 issues, including director duty issues, breach of duty issues, proper administration of English companies, arising in either restructuring context or ongoing trading context or insolvency context, and in private equity context.
International and Offshore
- Various international shipping restructurings.
- Advice on numerous cases litigated in Jersey, in the Cayman Islands, in the BVI and in Dubai, and on restructurings with seats or establishments locally.
- Re AY Bank, acting for the Republic of Slovenia in international litigation and English litigation concerning an international ASI agreement to resolve disputes arising from the disintegration of the State of Yugoslavia.
Trusts and Property
- Various advice on trust issues arising in security structures / proper administration of trusts / duties of trustees in England and offshore (confidential work).
- Previous cases before the English Court include Re Pinnacle Entertainment, (validity of fixed trust; administration of trust); and Re OT Computers, letter of request/ administration; commercial fixed trusts/ validity of trusts/ administration of trusts; and
- Re Safe Solutions, trust claim in the Chancery Division to recover defrauded monies by litigation in England, Switzerland, Liechstenstein and Spain
Other reported cases include:
- AES Barry v TXU Europe Energy Trading  2 BCLC 22
- Re World Class Homes  2 BCLC 1
- Saville v Gerrard  BCC 433
- Holder v Supperstone, Independent, December 1999
- Straume v Bradlor Developments, The Times, June 1999
- Re Thirty Eight Building  BCC 260
AWARDS AND RECOMMENDATIONS
|Chambers & Partners||Recommended as a Leading Barrister, Restructuring / Insolvency|
|Legal 500||Recommended as a Leading Barrister, Restructuring / Insolvency|
|2004-2009||Elected member of the Bar Council|
|1995-1998||Elected member of the Bar Council|
|1990||Called to the Bar of England and Wales|
Admitted as an Advocate in the DIFC and the Dubai World Tribunal
Chancery Bar Association
Insolvency Lawyers Association
Commercial Bar Association
Joint Author of Corporate Administrations and Rescue Procedures (William Trower QC, Adam Goodison, Matthew Abraham and Andrew Shaw).
Contributor to The Law of Administrators and Receivers of Companies (Lightman and Moss, Sweet and Maxwell)
Contributor to Rowlatt on Principal and Surety (Marks and Moss, Sweet and Maxwell)
Contributor to Company Directors (Mortimore QC).