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.
Contributed to

2

Practical aspects of the General Data Protection Regulation for insolvency professionals
Practice notes

This Practice Note, written in partnership with Patrick Elliot at Cubism Law, considers the requirements of the General Data Protection Regulation (GDPR) and looks at the practical considerations for insolvency professionals, and in particular for office-holders taking insolvency appointments where they have to control or process data. It considers what they need to look out for and what measures they can put in place to avoid the risk of penalties for non compliance with the new regulation.

Other work

GDPR for insolvency practitioners and those advising them—checklist

This Checklist, produced in partnership with Patrick Elliot of Cubism Law, is intended to provide insolvency professionals, and in particular office holders with some practical advice and guidance on what to do when appointed over a company or bankrupt in order to avoid breaching the General Data Protection Regulation (GDPR).

Practice areas

Membership

  • Sub Comm Head of Insolvency Section of IBA
  • Co. Chair Financial institutions

Panel

  • Contributing Author

Education

  • College of Law (Dip Law & Dip Legal Practice)
  • Edinburgh University (MA History with Honours)

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