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George Spalton

Chancery

George appears in the Chancery Division on a regular basis – both in respect of professional liability claims and also pure chancery related matters such as disputes between mortgage lenders and borrowers, civil fraud and tracing claims, disputes involving insolvency or company law and tax related matters (such as film finance schemes).

Present/Recent Work:

  • Instructed in ongoing proceedings by a Caribbean Central Bank as junior to John Powell QC.
  • Instructed in ongoing proceedings, potentially worth in excess of £200m, arising out of the collapse of a large hedge fund in 2009.
  • Advising on the avoidance of a number of transactions between a subsidiary and its holding company under Section 423 of the Insolvency Act 1986 (Transactions Defrauding Creditors)
  • Advising on high value claims for secret profit/secret commissions and claims for bribery, involving a major insurance company
  • George has also been instructed on a number of applications for relief under the Norwich Pharmacal v Customs and Excise Commissioners [1974] AC 133 and Bankers Trust v Shapira [1980] 1 WLR 1274 jurisdiction.

Reported cases include:

  • Webb v (1) JMQC (2) Dakers Green Brett [2010] EWHC 93 (Ch); [2010] B.P.I.R. 503; (2010) NPC 12: successfully acting for defendant solicitors in a summary judgment application before Vos J concerning the solicitors’ involvement in underlying insolvency/banking dispute.
  • Crowson v HSBC Insurance Brokers Ltd [2010] Lloyd's Rep. I.R. 441: acting for defendant insurance broker in a strike out application concerning the duty of care owed to directors of a limited company.
  • Littlewood v Wilkinson Woodward [2009] P.N.L.R. 29; [2009] W.T.L.R. 1189: successfully defending firm of solicitors in a three day Chancery Division trial in a disappointed beneficiary claim.
  • Stokors S.A. & Others v I G Markets Ltd; v Craigcrook Management Services Ltd [2013] EWHC 631 (Comm): Successfully defending the Third Party in respect of a claim pleaded at €100m following a five week trial before Mr Justice Field.  The claim involved allegations against the main defendant of dishonest assistance and knowing receipt arising out of investments in Contracts For Differences (CFDs).

George is member of the Chancery Bar Association.