Events / Webinars
Wilberforce Civil Fraud Conference 2024
Wednesday 6th November 2024 | 12.30pm - 5.55pm, followed by drinks and canapés
The Westin London City
£145 + VAT | 3.75 CPD
View moreTim was awarded ‘Chancery Silk of the Year’ at the Chambers & Partners UK Bar Awards 2023. He is a specialist in high-value multi-jurisdictional commercial litigation, WFOs, Search Orders, commercial fraud and asset tracing, shareholder disputes, court-appointed receiverships, banking and financial services related claims, commercial arbitration, breach of confidence, ‘soft’ intellectual property and more recently cryptocurrency disputes.
He has been instructed recently to advise and act in many high-profile commercial cases, including acting for the main defendant and the 17th defendant during a 20-week Commercial Court trial in Suppipat v Narongdej 2023] EWHC 1988 (Comm), a $1Bn claim under Thai law and s.423 of the Insolvency Act 1986, for the Bank in Invest Bank v El Husseini [2023] EWHC 2302 (Comm), an important Commercial Court decision concerning enforcement of foreign judgments at common law, for Luxembourg investment funds in a fraud and abuse of process claim in the BVI in VDHI v MBFX (1st instance and Court of Appeal) and for 2 of the 6 defendants In Abu Dhabi Commercial Bank v Shetty & others [2022] EWHC 529 (Comm) – a $1B+ claim arising out of the collapse into administration of NMC Health PLC (2020-2022).
He has been involved in a number of important recent cases in the developing area of receiverships by way of equitable execution and cross-border recognition of court appointed receivers, including being retained by English Court Appointed Receivers in litigation in the Turks and Caicos Islands, and he is the author of the chapter on cross-border recognition of court appointed receivers in Kerr & Hunter on Receivers and Administrators, 21st Edition. He has also been involved in many of the leading recent cases on collective investment schemes in the Supreme Court and Court of Appeal. During the COVID lockdown, he obtained a diploma in Cryptocurrency at LSE, and has been instructed recently on fraud claims involving the misappropriation of cryptocurrency, including the leading case on crypto trust claims, Wang v Darby [2022] Bus L.R 121.
Tim is called to the Bar in the BVI, and regularly litigates not only in the London Commercial Court and the BVI but also in Cayman and other offshore jurisdictions. Tim is ranked in the directories in both commercial chancery and civil fraud.
Commercial disputes
Tim has been recommended for many years by the legal directories for commercial litigation and commercial chancery litigation. His practice covers both domestic and international disputes, his clients benefiting from his extensive experience in areas such as financial services, shareholder and partnership disputes, intellectual property, IT, sport as well as media and entertainment.
Some of his recent cases and instructions include:
Tim Penny is a charming advocate who captivates even when dealing with difficult points. He has the ear and trust of the court.
A very strong advocate, who is client friendly and easy to get on with. Judges love his easy approach to his advocacy, which is both effective and persuasive.
Tim is thorough in his approach, covering cases from all angles – also a very fine advocate.
Excellent in court and always on top of his brief.
Tim displays extraordinary attention to detail.
Events / Webinars
Wednesday 6th November 2024 | 12.30pm - 5.55pm, followed by drinks and canapés
The Westin London City
£145 + VAT | 3.75 CPD
View moreEvents / Webinars
Wednesday 2nd October 2024 | 12.15pm - 5.50pm, followed by drinks and canapés
The Langham, London
£155 + VAT | 3.1 CPD
View moreEvents / Webinars
Thursday 12th September 2024 | 3.45pm - 6.55pm, followed by a dinner buffet
Kimpton Seafire Resort
Free to attend | 2.0 CPD
View moreEvents / Webinars
Tuesday 10th September 2024 | 3.30pm - 6.25pm, followed by a dinner buffet
Scrub Island Resort
Free to attend | 2.0 CPD
View moreCivil fraud and asset recovery
Tim has particular expertise in commercial fraud cases, many of which have an international flavour and involve cross-border issues such as jurisdiction disputes, anti-suit injunctions and foreign law considerations. He has excellent knowledge of search orders and worldwide freezing orders. These cases often involve cross-examination on asset disclosure, contempt of court applications and without notice applications testing the boundaries of the court’s jurisdiction to ensure that assets are eventually available for the enforcement of judgments or arbitral awards. Tim is also experienced in taking steps to assist fraud disputes taking place abroad (for example, by orders under s.25 CJJA) or in arbitrations. Tim’s cases often involve allegations of dishonesty, breach of fiduciary duty and conspiracy.
Some of his recent cases include:
Tim is an outstanding advocate. He is particularly adept at dealing with enormous volumes of documentary material, which can be a hallmark of complex fraud trials.
Tim Penny is a charming advocate who captivates even when dealing with difficult points. He has the ear and trust of the court.
A very strong advocate, who is client friendly and easy to get on with. Judges love his easy approach to his advocacy, which is both effective and persuasive.
Tim is thorough in his approach, covering cases from all angles – also a very fine advocate.
Excellent in court and always on top of his brief.
Events / Webinars
Wednesday 6th November 2024 | 12.30pm - 5.55pm, followed by drinks and canapés
The Westin London City
£145 + VAT | 3.75 CPD
View moreExternal Conferences
Monday 9th September 2024 | 5.30pm - 7pm
BVI Arbitration Centre
1.0 CPD
Speakers:
Tim Penny KC | Daniel Petrides
Articles
Tim Penny KC and Daniel Petrides have written an article for TL4’s FIRE Starters magazine entitled “A hidden gem? The ‘sufficient connection with the jurisdiction’ test under s.423 of the Insolvency Act 1986 in the light of Suppipat v Narogdej... Read more
By Tim Penny KC | Daniel Petrides
Monday 3 June 2024
News
We are absolutely delighted to have picked up four awards at last night’s Chambers UK Bar Awards! We are proud to announce that Wilberforce Chambers won the highly coveted ‘Set of the Year‘ award, as well as ‘Chancery Set of... Read more
Friday 1 December 2023
View moreBanking and financial services
Tim has a strong banking and financial services practice. In recent years, he has been particularly involved in litigation related to unregulated collective investment schemes.
Some of his recent cases include:
Tim Penny is a charming advocate who captivates even when dealing with difficult points. He has the ear and trust of the court.
A very strong advocate, who is client friendly and easy to get on with. Judges love his easy approach to his advocacy, which is both effective and persuasive.
Tim is thorough in his approach, covering cases from all angles – also a very fine advocate.
Excellent in court and always on top of his brief.
Tim displays extraordinary attention to detail.
Articles
Tim Penny KC and Daniel Petrides have written an article for TL4’s FIRE Starters magazine entitled “A hidden gem? The ‘sufficient connection with the jurisdiction’ test under s.423 of the Insolvency Act 1986 in the light of Suppipat v Narogdej... Read more
By Tim Penny KC | Daniel Petrides
Monday 3 June 2024
News
We are absolutely delighted to have picked up four awards at last night’s Chambers UK Bar Awards! We are proud to announce that Wilberforce Chambers won the highly coveted ‘Set of the Year‘ award, as well as ‘Chancery Set of... Read more
Friday 1 December 2023
View moreRecent Cases
Commercial disputes, Banking and financial services, International / offshore
Tim Penny KC
Friday 22 September 2023
Recent Cases
Commercial disputes, Banking and financial services, Civil fraud and asset recovery, Insolvency, International / offshore
John Wardell KC | Tim Penny KC | Jamie Holmes | Caspar Bartscherer | Jia Wei Lee
Monday 13 June 2022
International arbitration
Tim’s commercial practice also involves domestic and international Arbitration. He is a member of the London Court of International Arbitration (LCIA).
Recent work:
Tim Penny is a charming advocate who captivates even when dealing with difficult points. He has the ear and trust of the court.
A very strong advocate, who is client friendly and easy to get on with. Judges love his easy approach to his advocacy, which is both effective and persuasive.
Tim is thorough in his approach, covering cases from all angles – also a very fine advocate.
Excellent in court and always on top of his brief.
Tim displays extraordinary attention to detail.
News
We are absolutely delighted to have picked up four awards at last night’s Chambers UK Bar Awards! We are proud to announce that Wilberforce Chambers won the highly coveted ‘Set of the Year‘ award, as well as ‘Chancery Set of... Read more
Friday 1 December 2023
View moreRegistered name: Mr Timothy Charles Penny KC
VAT number: 524197152
Author of the chapter on cross-border recognition of court appointed receivers in Kerr & Hunter on Receivers and Administrators, 21st Edition