Lisa Linklater

Call 1995

“Lisa is a great advocate and is very persuasive.”

The Legal 500 2021 (Tier 1)
Photo of Lisa Linklater


Lisa has a wealth of experience in insolvency and business disputes that are often high value, complex and/or high profile and whether before action, at mediation or through to trial.

Lisa is recommended by Chambers & Partners UK Bar Guide 2021 as a leading junior in the practice areas of restructuring/insolvency, Chancery and commercial dispute resolution. Comments include “experienced and has the confidence of the court” and “her knowledge and expertise is first-rate.” She is praised by Chambers and Partners UK Bar Guide 2020 as an insolvency specialist who is “knowledgeable, persuasive in court and excellent on complex legal problems.” Lisa is also recommended in Legal 500 UK 2021 as a Tier 1 leading junior in company and insolvency who is a “great advocate and is very persuasive”. Lisa is noted as a top tier barrister in the fields of commercial, banking, insolvency and chancery law who is “very highly-regarded both as a lawyer and as an advocate” by Legal 500 UK Bar 2020 and by Legal 500 UK Bar 2019 as “imperturbable and impressive in court; a force to be reckoned with”.

Recent highlights of Lisa’s insolvency practice include:

  • Northgate Lighting Limited v Brite Source PTE Limited: Acted for Singaporean company in disputed winding up petition relating to lighting supplies valued at $2.2 million worth of supplies. (2019).
  • Laurence Bassini v Burnden Leisure Limited (in administration) & ors: Successfully acted for the administrator of the holding company of Bolton Wanderers football club in obtaining indemnity costs following an unsuccessful application for an injunction. (2019).
  • Currently acting for the defendants to a £5 million misfeasance claim brought by the liquidators of an Isle of Man partnership.
  • Acting for defendant directors and parent company in obtaining an early and favourable settlement of threatened claim by liquidators for breaches of directors’ duties, unlawful dividends and transfer of assets at an undervalue, valued at over £1 million.
  • Successfully acting for the liquidator in a claim against a de facto director for breach of directors’ duties.
  • Obtaining an income payments order of in excess of £500,000 for trustees in bankruptcy in a bankruptcy involving complex financial dealings.
  • Acting in the contested administration application in respect of VE Interactive Ltd, which was reported in the Financial Times and is connected with the case of Re Ve Interactive Ltd (in administration); Ve Vegas Investors IV LLC and others v Shinners and others [2018] EWHC 186 (Ch)
  • Advising on technical issues arising following a pre-pack sale of 40,000 individual voluntary arrangements.
  • Re Graico Property Co Ltd (in administration) [2017] BCC 15 (Norris J). Acted for administrators on a precedent case of practical importance for insolvency practitioners as to the scope of the court’s powers when ending administration.

Lisa brings a wealth of experience in advising and representing a diverse range of stakeholders (insolvency practitioners, creditors, directors and Government departments, having been Junior Counsel to the Crown for 18 years) in all aspects of corporate and personal insolvencies including:

  • Administrations
  • Liquidations
  • Misfeasance and directors’ duties generally
  • Bankruptcy
  • Transactions at an undervalue
  • Preferences
  • LPA Receiverships and other security enforcement
  • Voluntary arrangements
  • Wrongful and fraudulent trading
  • Real property and trust issues in an insolvency context
  • Cross-border insolvency
  • Directors disqualification
  • Public interest winding up petitions

Lisa is a fellow of R3 and full member of the Insolvency Lawyers’ Association. She has published articles on specialist insolvency topics in Sweet & Maxwell’s Insolvency Intelligence and R3’s Recovery, including on the “new” moratorium and furlough and administration and in Sweet & Maxwell’s the Company Lawyer, on corporate topics including directors’ duties.

In 2015 she was appointed as a member of the prestigious expert advisory group on a project on Security Rights & the European Insolvency Regulation, a partnership between the University of Leeds and other leading universities.

Insolvency Cases

In addition to the above recent highlights, further illustrations of Lisa’s experience in insolvency in previous years is as follows:



Lisa is frequently instructed as Counsel in corporate insolvency litigation and contested insolvency proceedings in the Insolvency and Companies Court.  She has a very strong practice in directors’ duties, built from repeat instructions in this area and from having acted as Junior Counsel to the Crown for 18 years in directors’ disqualification claims. 

  • Assisting liquidator in claims of over £1 million against directors for breaches of their duties and wrongful trading where complex limitation issues arise (2018 – 2019).
  • Advising respondent to alleged claims of misfeasance valued at over £4.5 million by the liquidator of a limited liability partnership (2018 – 2019).
  • Advising and assisting liquidators of a company that had supplied luxury coaches in obtaining substantial recoveries in claims under section 127 of the Insolvency Act 1986 (voidable transactions) (2015 – 2018).
  • Successfully obtaining settlement for liquidator of claims of unlawful dividends and misfeasance against directors (2018).
  • Successfully obtaining settlement for Defendants to serious claims of knowing assistance, knowing receipt and related tracing claims, brought by a company registered in Gibraltar, acting by its liquidators where the claims and costs were in excess of £1 million. The case settled at the court door (2017) (High Court, Manchester).
  • Successfully obtaining winding up order of company owning valuable Wagyu cattle and at the centre of dispute between shareholders (2017).
  • Lisa successfully acted for the Secretary of State for Business, Innovation and Skills in obtaining the disqualification of both a managing and other director of companies which had been involved in an intricate MTIC VAT fraud, involving complex facts: Secretary of State for Business, Innovation & Skills v Khan & Warry [2014] EWHC 1381 (Ch).


Lisa continues to be first choice Counsel for many leading firms on technical and often unusual issues arising in liquidations and administrations, as well as contested administration applications and winding up petitions.      

  • Representing administrators of a limited liability partnership in the agriculture sector in applications to make a distribution to unsecured creditors (2018).
  • Represented the liquidator of a company with valuable property and related to a members’ club affiliated with a political party, in novel application for directions raising numerous precedent issues (2016) (HHJ Kaye QC sitting as a High Court Judge) (Leeds District Registry).
  • Advised public sector stakeholders in the Insolvency Rules on consultation on the amendment of the Insolvency Rules (2011).
  • Lisa acted for the owner of Valley Parade in respect of issues arising from the Company Voluntary Arrangement of Bradford City Football Club over a decade ago.


Lisa regularly undertakes litigation in relation to bankrupts, particularly those of previously high net worth and where precedent issues are involved.

  • Lisa acted for the bankrupt in a precedent claim following the case of Horton v Henry [2016] EWCA Civ 989 against a trustee in bankruptcy to recover pensions drawn down by the trustee in bankruptcy (2017).
  • Advising trustee in bankruptcy in relation to alleged sham trust of property worth over £1 million (2017).
  • Represented a German bank in “bankruptcy tourism” case involving a Turkish national who had borrowed significant amounts from the bank to develop property in Germany (2016).
  • Successfully acting for an Irish national, made bankrupt in England, on a unique application under s281(5) Insolvency Act 1986 for an order to release him from liability under a court order in Ireland to pay damages for negligence for personal injury following an affray (2016).
  • Successfully representing a former multi-millionaire, made bankrupt following his participation in an aggressive tax scheme, in opposing an application by his trustee in bankruptcy to suspend his discharge from bankruptcy on grounds of alleged failure to cooperate (2015).
  • Successfully obtaining an indefinite suspension of discharge of bankruptcy of a property developer, based in Ireland, with affairs crossing multiple jurisdictions (2013).
  • Gittins v Serco Home Affairs [2013] 1 WLR 1218 Whether or not debtor (who was in prison) was entitled to petition for own bankruptcy and consequently whether bankruptcy order should be annulled.  Instructed by creditor.
  • Pettit v Novacovic [2007] BCC 462 (Norris J) Succeeded on behalf of trustee in bankruptcy in obtaining payment from agent (bankrupt’s accountant) who had received monies from bankrupt after bankruptcy.  Hollicourt (Contracts) Ltd v Bank of Ireland was distinguished.
  • Re Johnson [2006] BPIR 987 Represented Official Receiver in precedent case on application by discharged bankrupt for an annulment of his bankruptcy.


Lisa is a popular choice for commercial litigation in an insolvency context, for instance involving purchasers of businesses or commercial properties.

  • Acting for a high-profile retailer following its purchase from administrators in defending emergency proceedings for the delivery up of items in the high-street stores it was occupying (2018) (High Court, Manchester).
  • Representing company that bought a pharmaceutical business from a company in administration in claims brought by the administrators that the terms of the business sale agreement have been breached (2017) (High Court, Manchester).
  • Successfully defending injunctive relief proceedings brought by a major manufacturer of bed products that had purchased a portfolio of properties from administrators in a “fire sale” and obtaining a favourable settlement of claim before a six day trial.  The claim centred on allegations of civil fraud and was related to high profile criminal proceedings relating to the premises (2016) (HHJ Behrens sitting as a High Court Judge, Leeds District Registry).
  • Close Asset Finance Limited v B & ors: Defended application for repossession of specialist machinery, used to make medical milk for export pursuant to licence, and subject to hire purchase agreements, brought by finance house.  The first hearing of the application settled, preserving use of machinery for client during administration (2015) (HHJ Kaye QC sitting as a High Court Judge, Leeds District Registry).
  • M v Focus (DIY) Limited: Successfully obtained large settlement for creditor of company in administration in respect of goods with a value of in excess of £1m that were subject to a retention of title clause.  Lisa also acted for a creditor in similar circumstances in the administration of Courts plc.


Having practised in real property and trusts for over 20 years, Lisa is adept at handling real property and trusts issues in an insolvency context, including LPA receiverships.

  • Acting for a high-profile retailer following its purchase from administrators in defending emergency proceedings for the delivery up of items in the high-street stores it was occupying (2018) (High Court, Manchester).
  • Representing a purchaser of a pharmaceutical business from administrators in claim by landlord for dilapidations and unpaid rent.  Landlord is relying upon Jervis v Pillar Denton Ltd for priority over other creditors (2017) (High Court, Manchester)
  • Advice as to whether a grant by a charity to a company in liquidation was held on Quistclose trusts (2016).
  • Firstpoint Security Trustee Ltd v Enterprise House Development Ltd & ors: Acted for Law of Property Act receivers of a hotel in the Midlands in successfully defending injunctive proceedings brought by second charge holder and securing payment of the costs and expenses of the receivers (2014)(High Court, Manchester)
  • Successfully obtaining a settlement sufficient to clear the debts and expenses of the bankruptcy by establishing a proprietary interest in the estate of the former spouse of the bankrupt (2013).


Lisa has extensive experience of matters involving commercial fraud

Successfully represented the Secretary of State for Business, Energy and Industrial Strategy in winding up companies in the public interest that had:

  • Acted as the trustee of pension funds of over £4 million and yet could not clearly explain the application of those funds (2018) (High Court, London).
  • Defrauded members of the public who had understood that the companies would engage in trading in binary options on their behalf Directional Solutions Ltd & ors (2017) (High Court, London).
  • Falsely promised investors in the United Kingdom lucrative returns on alleged gold mining operations. The companies were registered in South and Central America (2015) (High Court, London).

Successfully representing the Official Receiver in both the Crown and High Court in connection with civil proceedings arising from a criminal investigation into the storage and sale of non-duty paid goods and associated money laundering activity (2015) (High Court, Birmingham and Birmingham Crown Court).