Job Description | Insolvency, Junior Associate The Role Department: Insolvency Location: London (flexibility to work from home three days a week) Role: Permanent The Team Given the ease with which companies can now invest in and interact with other jurisdictions, and how swiftly and easily funds can be transferred around the world, a significant number of insolvencies involve cross-border issues. We act on both contentious and non-contentious matters, including those involving fraud, across a wide range of sectors. We understand our clients’ needs and offer a down to earth approach, with on-going support at every stage of the process. We advise on administrations and CVAs; both formal and informal procedures including; all forms of receivership and liquidation; Insolvency Act claims; trading claims and fraud; directors’ duties; solvent and insolvent restructurings. Examples of work undertaken by the team include: Acting for the liquidators of an investment fund which is one of multiple defendants in a $9.2 billion fraud claim in the Grand Court in Cayman. Actions include obtaining an order from the High Court in London for recognition of the liquidation of the fund as a foreign proceeding under the Cross Border Insolvency Regulations; and following recognition, using section 236 of the Insolvency Act to obtain extensive documentation from financial institutions to assist the liquidators in the proceedings in Cayman. Securing the release of a fast ferry from arrest in France via applications in both English and French courts, and dealing with various claims to rights of ownership over the vessel during an administration, including selling the vessel through judicial sale in the admiralty court. Advising British Airways Plc ("BA") on all insolvency related issues arising out of BA’s purchase from KPMG, as the administrators of Monarch Airlines Limited (in administration) ("Monarch"), of Monarch’s entire portfolio of take-off and landing slots at London Gatwick airport. Acting for the trustee in bankruptcy of Karen Millen in investigating her assets and assisting in realising the same, as well as advising on the pursuit and resolution of various claims arising in the estate, including in the Court of Appeal. Acting for telent Technology Services Limited ("telent") in respect of insolvency issues arising out of the compulsory liquidation of telent’s joint venture partner, Carillion Utilities Services Limited and its ultimate parent, Carillion plc, in respect of multi-million pound ongoing customer contracts for support and maintenance of critical national infrastructure and installation of superfast broadband, including contracts with British Telecommunications plc. Acting for two of the UK’s major pension schemes in contingency planning for the insolvency of the custodians of their cash and assets. The cases included advice on the impact of US insolvency on our clients’ rights and obligations. Essential Skills & Experience We are ideally looking for a candidate who is a minimum of 1 year PQE with contentious and non-contentious experience gained in a well-regarded practice. Please note that our PQE levels are a guide, and all suitable candidates will be considered The solicitors act 1974 requires practicing solicitors to have a practicing certificate Successful completion of a Training Contract (or equivalent) and relevant education (Legal Practice Course; Graduate Diploma in Law (if non Law graduate); 2:1 honours degree or equivalent; A Levels) The Firm Clyde & Co is a leading global law firm, specialising in the sectors that underpin global trade and commercial activity, namely: insurance, transport, construction, energy, trade and commodities. It is globally integrated, offering a comprehensive range of contentious and non-contentious legal services and commercially-minded legal advice to businesses operating across the world. Clyde & Co is committed to operating in a responsible way. This means progressing towards a diverse and inclusive workforce that reflects the diversity of its communities and clients, using its legal skills to support its communities through pro bono work, volunteering and charitable partnerships, and minimising the impact it has on the environment. The firm has 480 partners, 2400 lawyers, 3200 legal professionals and 5000 people overall in over 60 offices and associated offices worldwide. Our Values Our values are the principles that guide the decisions we make, unite us in our endeavours and strengthen our delivery, for our clients and our firm. We: Work as one We are a globally connected team of talented people who act with a firm-first mentality to achieve success Excel with clients We aim high and challenge ourselves to deliver unique excellence for our clients, keeping them at the centre of everything we do Celebrate difference We help each other to be at our best and believe our differences result in greater achievement Act boldly We seek new opportunities, take action and learn as we go, recognising that curiosity drives our development and contributes to growth Role Competency Requirements Clyde & Co is committed to providing extensive, personal and professional development opportunities for our people enabling them to be highly effective in their current role as well as assisting them to fulfil their career aspirations. The competencies are used to inform all aspects of career development. They vary across levels and different business areas and fall under the following areas: Technical Excellence Technical legal expertise: the knowledge of the law and ability to apply it Research: the ability to conduct research effectively and apply it commercially Managing legal processes: the ability to ensure all legal processes are followed efficiently and effectively People and Team Guiding individual performance and development: develops the skills of self and others Teamwork and collaboration: working cooperatively and effectively with others Leadership: creating high performing teams Client Relationships and Business Development Building business relationships: establishing, maintaining and using relationships to create and develop business opportunities Commercial thinking: understanding the commercial drivers Cross-selling and business development Finance and Practice Management Finance management and understanding of the business Project management: ensuring projects are delivered Knowledge sharing Personal Effectiveness Communication Clarity of thinking Personal contribution This is the job description as constituted at present; however the Firm reserves the right to reasonably amend it in accordance with the changing needs of the business. #LI-ET1 #LI-HYBRID