4 Stone Buildings |
About 4 Stone Buildings
4 Stone Buildings specialises in company and commercial litigation (including commercial chancery work), insolvency, financial services and regulation, civil fraud, banking and public law. Commercial litigation includes contractual disputes, civil fraud & asset recovery, banking, professional negligence and trusts.
Company work includes litigation and advisory work in relation to corporate finance, mergers, acquisitions and takeovers, reductions and reorganisations of share capital, directors’ duties, boardroom and shareholder disputes (including 994 petitions), Stock Exchange and related regulatory requirements, securities and corporate banking.
Insolvency work covers all forms of personal and corporate insolvency proceedings and reconstructions, including many which invoke foreign insolvency regimes (such as the US Bankruptcy Code) as well as multi-jurisdictional issues arising under the EC Regulation on Insolvency Proceedings, the Cross-Border Insolvency Regulations 2006, section 426 of the Insolvency Act 1986 and the common law. Members of chambers also have extensive experience of directors’ disqualification cases.
Financial services and regulatory work includes litigation and advisory work in relation to a wide range of cases involving financial services. Members of chambers are regularly instructed on behalf of regulatory bodies and government departments, as well as advising corporate and institutional clients and individuals.
Overseas connections: a significant proportion of the work undertaken by chambers is on behalf of overseas clients and members of chambers have substantial experience and long-established connections in many overseas jurisdictions, particularly in the Caribbean and the Atlantic, and also in the emerging markets in Russia, Eastern Europe, Central Asia, South East Asia, Africa and Dubai.
Chambers are a member of the Commercial Bar Association (COMBAR) and Chancery Bar Association.
Cases involved in
The heavy, highly-publicised cases chambers have been instructed in over the years include: Autonomy; Lehmans; Icelandic banks; Enron; Madoff; BCCI; Barings; Maxwell; Equitable Life; Singularis; Marex and Travelport.
Various members of chambers have contributed to numerous publications in our specialist fields. These include contributing to Tolley’s Company Law, Butterworth’s Practical Insolvency, Butterworth’s Encyclopedia of Forms and Precedents (Companies Volume), Atkins’ Court Forms, (volumes on Companies, Insolvency and Equitable Remedies), Halsbury’s Laws of Hong Kong (Arbitration Volume), Halsbury’s Laws of England issues on ‘Corporations’ and ‘Money’, OUP Annotated Companies Legislation. Loose & Griffiths on liquidators e-book, Litigation in the Time of Covid-19.
Members of chambers
At present there are 38 members of chambers including eight silks. Three juniors are on the Attorney General’s panel of counsel.
Work and accommodation
Our policy is one of expansion and there is both work and accommodation for new members, with our general aim being to recruit each of our pupils who meets the required standard. New members rapidly build up their own practice, with a mix between their own cases and advocacy experience and cases where they are juniors to the silks in chambers.
The senior clerk is a member of the Pupillage Committee and takes a keen interest in all pupils, offering help and advice generally, including guidance for applicants to whom we are unable to offer pupillage.
The structure of pupillage
We aim to give all pupils the knowledge, skills and practical experience they need for a successful career at the Bar. We believe that it is important for all pupils to see as much as possible of the different kinds of work in chambers. This enables pupils to judge whether our work suits them, and enables different members of chambers to assess the pupils. Each pupil, therefore, normally spends time with four pupil supervisors during the year. When other members of chambers have particularly interesting cases in court, pupils will be encouraged to work and attend court with them.
All pupils work in their pupil supervisors’ rooms, read their papers, attend their conferences, draft statements of case and documents, write draft opinions and accompany their pupil supervisors to court. Each pupil’s progress is carefully monitored to ensure that appropriate training is being provided.
Pupils are treated as part of chambers and are fully involved in the activities of chambers.
Awards of up to £70,000 for each 12-month period are available. Chambers will consider any request to draw down part of the award during the BPTC year. Chambers also funds the cost of the compulsory courses which a pupil must attend during pupillage.
We encourage potential candidates to spend a week or at least a few days in chambers and we will be pleased to arrange mini-pupillages at any time.
Candidates are expected to have first-class or good second-class degrees. But mere intellectual ability is only part of it: a successful candidate must have the confidence and ambition to succeed, the common sense to recognise the practical advice a client really needs, and an ability to get on well with clients, solicitors, other members of chambers and the clerks.
4 Stone Buildings is committed to providing equality of opportunity for all applicants irrespective of race, age, ethnic origin, sex, religion, disability, political persuasion or sexual orientation.
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