Hilary Stonefrost Called to the Bar 1991

Hilary specialises in domestic and cross-border insolvency, restructuring and company law. She also has experience in banking matters.

Hilary has been instructed in a number of major insolvencies, including Olympia & York, BCCI, Barings, Railtrack and Hellas.

She has appeared in a number of substantial cases, including Saltri III v MD Mezzanine SA Sicar (for the security trustee); Hellas Telecommunications (Luxembourg) II SCA (for the administrators); Portsmouth City Football Club (for the administrators, CA); Cheyne Finance (for a creditor); MyTravel Group (for the company); Bank of India v Christopher Morris (for the Bank of India, CA); and Colt Telecom Group Plc (for the company).

She has acted in a number of cases involving football club insolvency: Portsmouth FC; Coventry City FC; Cardiff City FC; Crystal Palace FC; Plymouth Argyle FC; Leeds United AFC (twice); Luton Town FC; Rotherham FC; Huddersfield Town FC; and Bournemouth AFC. She has also acted for three clubs outside insolvency proceedings: Crystal Palace, Swindon Town FC and Southend United FC.

She has been instructed in many scheme of arrangement cases. In particular, she acted in three substantial cases where the schemes of arrangement were contested: Sovereign Marine & General Insurance Co; British Aviation Insurance Co; and MyTravel Group.

Recently, she started work in offshore jurisdictions and was admitted to appear in court in Cayman in 2014.

Hilary is named as a Leading Junior in two practice areas by Chambers & Partners 2015: Restructuring/Insolvency and Company. Described as “a standout barrister” with an “impressive track record”, she is singled out by interviewees for her accomplished advocacy skills. Comments include: “Easy to deal with, very bright and practical, and very good at finding a commercial way through a technical problem”, “very measured and thoughtful in her submissions”, and “an excellent senior junior who is great on cases that require a tough advocate.”

She is ranked by Legal 500 2014 as a Leading Junior for Insolvency, praised for her “solid advice, reassuring gravitas and good value for money.”

Her cross-examination was described as “skilful and effective” by the Judge in the judgment in the case of Goldtrail Travel Ltd (in liquidation) (see full CV).

Hilary was nominated for Chambers & Partners Company/Insolvency junior of the year 2015.

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