Patrick Elliot
Patrick heads up Cubism's Corporate Recovery and Insolvency group. He has over 10 years' experience of working in CRI and almost 20 years' experience as a litigator advising on commercial, financial, intellectual property and data privacy matters. His work encompasses formal processes - administrations, liquidations, voluntary arrangements - and their interaction with Chapter 11 and international legislation; litigation arising from insolvency ' undoing antecedent transactions, tracing assets and enforcement; and advising insolvent businesses, their boards and individuals.
Patrick has regularly acted for the creditors of failed institutional, financial and professional services businesses and his work has included numerous cross-border matters. He has significant experience of advising on EU and International insolvency legislation and has successfully taken a leading case on international enforcement to the Supreme Court.
Selected key work has included advising multiple creditors of Lehman; Eurofinance in Rubin v Eurofinance before the High Court, Court of Appeal and Supreme Court; retail bondholders of the Cooperative Bank; TPG Private Equity in relation to the administration of the Republic retail chain; the unsecured creditors' committee/the liquidating trustee of Dewey & LeBoeuf LLP; landlords in relation to attempted guarantee-stripping in the Powerhouse CVA; the BVI liquidator of the Fairfield Century feeder fund, in relation to Madoff; and the Irish Examiner of Irish Medical Systems (Computers) Limited on its application to the English High Court for assistance.
Patrick trained at Simmons & Simmons; practised at BLP and Addleshaws, was a partner at Brown Rudnick and managed Dragon Advisory prior to Cubism.