Paul Muscutt
Overview
An experienced bankruptcy and restructuring lawyer, Paul Muscutt’s practice covers all aspects of contentious and noncontentious insolvency, with specific knowledge of contentious work and focus on the asset-based lending sector. Paul acts for financial institutions, private equity investors, insolvency practitioners, directors, and corporate clients.
Career & Education
- University of Plymouth, LL.B., 1998
- College of Law, Guildford, LPC, 1999
- England and Wales
Paul's Insights
Client Alert | 3 min read | 03.28.24
UK Government Seeks to Loosen Third Party Litigation Funding Regulation
On 19 March 2024, the Government followed through on a promise from the Ministry of Justice to introduce draft legislation to reverse the effect of R (on the application of PACCAR Inc & Ors) v Competition Appeal Tribunal & Ors [2023] UKSC 28. The effect of this ruling was discussed in our prior alert and follow on commentary discussing its effect on group competition litigation and initial government reform proposals. Should the bill pass, agreements to provide third party funding to litigation or advocacy services in England will no longer be required to comply with the Damages-Based Agreements Regulations 2013 (“DBA Regulations”) to be enforceable.
Publication | 03.20.24
Boiler-Plate Constitutions Rarely Fit For Purpose In Financial Failure
Client Alert | 8 min read | 11.28.23
Update on English Litigation Funding Agreements Since PACCAR
Firm News | 2 min read | 10.04.23
Legal 500 UK Recommends Crowell & Moring in Four Practice Areas
Representative Matters
- Secondments to the restructuring teams of large financial institutions.
- Acting for a foreign liquidator in a reported case of cross-border insolvency regulations in relation to a large shipping arbitration dispute.
- Advising financial institutions on the complex restructuring of a leading manufacturer of beds in Europe, Russia, and Asia.
- Advising a bank on the £110 million restructuring of a coal mine.
- Advising a financier on the $1.5 billion restructuring of one of the world’s largest independent steel traders.
- Advising the board of a premier UK football club on potential insolvency issues.
- Representing companies in relation to the restructuring of a £15 million turnover business specializing in flexible office space solutions.
- Acting for bankruptcy trustees in the tracing and recovery of assets following a £16 million fraud.
- Advising a U.S. private equity investment firm on the acquisition of a European airline.
- Representing creditors on a creditors’ committee in the administration of a failed FSA-regulated derivatives broker.
- Representing a company in the trading administration of a theme park and a £35 million investment.
- Representing the administration of an online fashion retailer.
- Acting for the administrators of a global provider of interactive entertainment products in the gaming industry.
- Acting as administrator in the administration of the UK’s largest online retailer of products for home and garden.
- Advising on a cross-border real estate restructuring matter for £150 million.
- Representing a syndicated lender in the restructuring of a leading wholesaler.
Paul's Insights
Client Alert | 3 min read | 03.28.24
UK Government Seeks to Loosen Third Party Litigation Funding Regulation
On 19 March 2024, the Government followed through on a promise from the Ministry of Justice to introduce draft legislation to reverse the effect of R (on the application of PACCAR Inc & Ors) v Competition Appeal Tribunal & Ors [2023] UKSC 28. The effect of this ruling was discussed in our prior alert and follow on commentary discussing its effect on group competition litigation and initial government reform proposals. Should the bill pass, agreements to provide third party funding to litigation or advocacy services in England will no longer be required to comply with the Damages-Based Agreements Regulations 2013 (“DBA Regulations”) to be enforceable.
Publication | 03.20.24
Boiler-Plate Constitutions Rarely Fit For Purpose In Financial Failure
Client Alert | 8 min read | 11.28.23
Update on English Litigation Funding Agreements Since PACCAR
Firm News | 2 min read | 10.04.23
Legal 500 UK Recommends Crowell & Moring in Four Practice Areas
Insights
Scam Investment Schemes: All That Glitters Should Not Be Sold
|08.01.20
ThoughtLeaders4 FIRE Magazine, Issue 2
Foreign Debtors and Chapter 11 – Seeking Relief from Turbulent Skies
|02.15.22
Crowell & Moring’s Restructuring Matters
The Return of Crown Preference – Another blow for Floating Charge Holders
|09.21.20
Crowell & Moring’s Restructuring Matters
All change – wide-ranging reforms to UK Insolvency Law
|07.13.20
Crowell & Moring’s Restructuring Matters
The Corporate Insolvency and Governance Act: The Moratorium and just how “super” is Super Priority?
|07.13.20
Crowell & Moring’s Restructuring Matters
Restructuring Capabilities to Combat the Impact of COVID-19
|04.02.20
Crowell & Moring’s Restructuring Matters
Disguised Remuneration Schemes and the Loan Charge
|05.10.19
Crowell & Moring's Restructuring Matters
Retention of title – the unpaid seller v. the asset based lender
|04.09.19
Crowell & Moring's Restructuring Matters
Practices
- Mergers and Acquisitions
- Recovery
- Corporate and Transactional
- Commercial Finance and Lending — London Practice
- Commercial Finance and Lending
- Private Equity
- Bankruptcy, Restructuring and Insolvency
- Bankruptcy, Restructuring, and Insolvency — London Practice
- Financial Services — London Practice
- Financial Services
- Finance and Transactions
Industries
Paul's Insights
Client Alert | 3 min read | 03.28.24
UK Government Seeks to Loosen Third Party Litigation Funding Regulation
On 19 March 2024, the Government followed through on a promise from the Ministry of Justice to introduce draft legislation to reverse the effect of R (on the application of PACCAR Inc & Ors) v Competition Appeal Tribunal & Ors [2023] UKSC 28. The effect of this ruling was discussed in our prior alert and follow on commentary discussing its effect on group competition litigation and initial government reform proposals. Should the bill pass, agreements to provide third party funding to litigation or advocacy services in England will no longer be required to comply with the Damages-Based Agreements Regulations 2013 (“DBA Regulations”) to be enforceable.
Publication | 03.20.24
Boiler-Plate Constitutions Rarely Fit For Purpose In Financial Failure
Client Alert | 8 min read | 11.28.23
Update on English Litigation Funding Agreements Since PACCAR
Firm News | 2 min read | 10.04.23
Legal 500 UK Recommends Crowell & Moring in Four Practice Areas