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Nick Segal

Call: 2018 Solicitor: 1982

Nick has extensive experience in a wide variety of work in commercial and banking law, restructuring, insolvency (including bank resolution) and litigation. Much of his work has an international dimension.

He also sits as a judge in the Grand Court of the Cayman Islands (in the Financial Services Division). He has given judgments on a wide variety of commercial, financial, corporate and insolvency matters.

He has written and lectured extensively in restructuring, insolvency, banking and restitution law.

Before switching to practice as a barrister, Nick practised for over 35 years as a solicitor (dual qualified in England and New York), most recently as a partner in Freshfields Bruckhaus Deringer’s restructuring and insolvency team. Before then he was a partner in Davis Polk & Wardwell in New York (practising New York law) and Allen & Overy in London.

He was educated at Oxford University where he obtained a first class degree in law in 1979.

He really stands out – he is pretty much at the top of the list when it comes to restructuring and insolvency lawyers.

Restructuring & Insolvency

  • Contentious insolvency, including cross-border issues
  • Corporate restructuring (UK, US, Russia, Europe, the Middle east and Asia)
  • Administration
  • Domestic and international bankruptcy proceedings

Recent work:

Advising the Bank of England in connection with, and then the administrators of, Heritable Bank, Kaupthing Bank and the Dunfermline Building Society.

Advising the Bank of England on resolution planning with respect to various financial institutions

Advising various globally significant financial institutions on resolution planning and governance

Advising the board of BMI on the airline’s integration into British Airways.

Advising the Government of Trinidad and Tobago on the resolution of the CLF Group.

Advising Stemcor on its global restructuring.

Advising the senior creditors in the Lehman ‘Waterfall’ litigation in the UK Supreme Court.

Memberships & Publications

Judicial member of the Judicial Insolvency Network and the Standing International Forum of Commercial Courts

Chair of the UNIDROIT UK Foundation for International Law

PRIME Finance (Panel of Recognised International Market Experts in Finance) expert in financial law

Member of the International Insolvency Institute (one of the founding members and a member of the board for many years)

Member of the International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL)

Fellow of the Society for Advanced Legal Studies

Fellow of the American College of Bankruptcy

Trustee of BAILLII (British and Irish Legal Information Service)

Member, Advisory Board for the Oxford Centre for Commercial Law Studies

Chair of the Oxford University Alumni Board

Member, Steering Committee and Executive Committee of the Secured Transactions Law Reform Project

Lecturer, BCL, Oxford University

Member, Conference of European Restructuring and Insolvency Law (CERIL)

Formerly Visiting Fellow at University College and at Queen Mary & Westfield College, London

Consulting Editor, Totty, Moss & Segal: Insolvency (Sweet & Maxwell)

Contributing author, Lightman & Moss: The Law of Receivers and Administrators of Companies (Sweet & Maxwell)

Contributing author, Moss, Fletcher and Issacs: The EU Regulation on Insolvency Proceedings (Oxford)

Contributing author, Rose, Restitution and Banking Law (Oxford)

Recent articles include: The impact of Insolvency on the right to rescind – the flaw in the Crown (29 Insolvency Intelligence 27 (2016))

Recognition

Rated as one of the top ten thought leaders in restructuring law in Europe and a leading practitioner: ‘Nick Segal ranks as one of the very top practitioners from peers across the world. He regularly acts on complex cross-border mandates, handing restructurings in the UK, US, European and Asian markets’

Who’s Who Legal 2017

The ‘very impressive’ Nick Segal receives a wealth of praise from clients, who state: ‘He really stands out – he is pretty much at the top of the list when it comes to restructuring and insolvency lawyers. He is great technically and knows absolutely everything in this area.’ He is also lauded for being ‘great with clients and very organised’.

Chambers Global 2016

Nick Segal is recognised by both clients and peers as a ‘veteran’ of many top-flight insolvency and restructuring projects, and is particularly well regarded for his understanding of the interrelation between UK and US law. He advised the steering committee of senior lenders on the restructuring of Excel Maritime Carriers.

Chambers Global 2015

Ranked in

Chambers & Partners –
Restructuring and Insolvency (Band 1 for Global and Europe, 2018)

Legal 500 –
Corporate Restructuring and Insolvency (ranked as a leading individual, 2018)

Who's Who Legal –
Restructuring (leading practitioner and thought leader, 2018)

News

NICK SEGAL JOINS ERSKINE CHAMBERS
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