Lucy Edwards Legal Director

Photograph of Lucy Edwards

Contact Details

“Star Associate, Lucy Edwards of Blake Morgan is well regarded for her specialist expertise in acting for insolvency practitioners appointed as receivers under POCA, advising them on both enforcement and asset management issues. "She is very experienced and is prepared to think out of the box," one source notes, while another says: "She always provides an excellent service in a timely and cost-efficient manner."”

Chambers and Partners 2019
Lucy is based in our London office and heads up the London Business Support & Insolvency team. Lucy also specialises in proceeds of crime work for which she is highly regarded. She is recognised as a star associate in Chambers 2018.

Main areas of practice

Lucy has extensive experience across many sectors in all aspects of contentious and non-contentious corporate and personal insolvency, advising insolvency practitioners, companies, directors, landlords and creditors.  Lucy deals with asset recovery, misfeasance claims, challenging antecedent transactions and actions arising out of MTIC fraud but is equally at home negotiating business sale agreements and advising directors on their duties when faced with insolvency.

Clients

Lucy mainly acts for insolvency practitioners in formal insolvencies and when they are appointed under the Proceeds of Crime Act 2002. Lucy also advises the firm's clients when they are affected by an insolvency process.

Significant experience

Proceeds of crime

  • She has developed a specialism advising management and enforcement receivers appointed under POCA 2002 (as well as its predecessors; the Drug Trafficking Act and Criminal Justice Act).
  • Lucy regularly advises POCA receivers on issues affecting the realisation of assets, including disputes over ownership.
  • Lucy is trusted by POCA receivers and is regularly asked to assist with tenders to prosecutors.

Insolvency

  • Claims against an errant company director in relation to a number of companies from which he had taken money and unravelling the complex corporate structure used to hide his beneficial ownership.
  • Advising a high street bank on its re-financing of companies in CVAs.
  • Advising a subsidiary of a large charity on its insolvency and assisting the liquidators with the recovery of assets.

“Lucy is personable, practical, responsive and flexible.”

Chambers UK 2018

Expertise

Lucy’s Blog

The NCA wins the first round in its application of "McMafia" laws

The NCA wins the first round in its application of "McMafia" laws after the High Court lifted reported restrictions this week.

Court of Appeal restores legal professional privilege in ENRC

The Court of Appeal restores legal professional privilege in SFO v ENRC case.

Related Knowledge & Resources

We're all in this together, whether we like it or not

The story of litigation funding has had many twists and turns and, whilst the majority of the new law in this area has supported third party funding as a risk management tool that gives access to justice, the funders have not had it all their own way.

What happens to insolvency proceedings if the UK leaves the UK without a deal?

With "Brexit Day", 29 March 2019, drawing immediately close without any sign of deal, we take a look at what a no-deal Brexit would mean for insolvency practitioners.

Insolvency Rules...OK?

We look at a Court of Appeal decision that is likely to have far-reaching implications on liquidators who were, naturally attracted to the idea of referring disputes to adjudication as a means of determining monies owed to the insolvent company.

Taking care with re-use of business name following insolvency

Blake Morgan's guide to the restrictions on involvement with another business trading under the same or similar name, when going through insolvency procedures.

Guide to tenant insolvency

Blake Morgan provide a guide to the process of tenant insolvency