Stephen is a solicitor and licensed Insolvency Practitioner. He has extensive experience of all aspects of insolvency and corporate recovery practice both in the UK and Asia. He is a past president of R3 (the UK restructuring, bankruptcy and turnaround professional body) and lectures widely on corporate recovery matters. Stephen is an Honorary Professor in the Faculty of Law at the University College London. He is also listed as a leading individual for corporate restructuring and insolvency in the Legal 500 2009.
Credentials
- Ernst & Young, as administrators of Nortel's EMEA entities as part of its global administration. Nortel is North America’s biggest maker of telecoms equipment and historically one of Canada’s largest companies
- JJB Sports on the disposal of the company's Fitness Clubs business to Dave Whelan Sports Limited, a company controlled by JJB Sports' founder David Whelan, for an estimated total cash consideration of £83.4 million
- Directors of TXU Europe in their work out and restructuring
- advice to the individual directors of Lehman Brothers following the Lehman’s bankruptcy
- KPMG as administrators of specialist lender Victoria Mortgages
- London Underground in relation to contingency planning in relation to Metronet
- Directors of Del Monte Europe in their restructuring of the UK Group
- Heath Lambert group of companies on their restructuring, involving the pension regulator
- The Representative of the Future Asbestos Liability Claimants in the insolvency of T & N Limited, Federal Mogul's subsidiary and the Plan of Reorganisation filed at the American Court
Accolades
'Stephen Gale is "immensely knowledgeable and great at finding solutions for his clients"'
Chambers 2007