Luke Elstone

Overview

I’m a Senior Associate in Michelmores’ Banking, Restructuring & Insolvency team.

My work includes acting for insolvency practitioners, creditors, debtors, companies, directors, and other stakeholders in all personal and corporate insolvency matters, with a focus on contentious work. I particularly enjoy assisting insolvency practitioners in seeking to maximise outcomes for creditors. This includes work on a variety of matters, including acting on breach of duty claims against directors, the recovery of antecedent transactions, the recovery and enforcement of contested book debts, the enforcement of possession orders over property, and advising on the merits of creditor claims.

I’ve been part of the team at Michelmores for over nine years, having joined in 2013 after graduating from the University of Bristol with a Master’s Law Degree. I initially joined the Firm’s Commercial and Regulatory Disputes team and eventually became a member of the BRI team shortly after qualifying as a Chartered Legal Executive in 2018. I went on to qualify as a solicitor in January 2022 after achieving a strong distinction in the Legal Practice Course.

Recent experience

Acting for both lenders and fixed charge receivers in relation to the enforcement of security

Advising a high net-worth individual in the defence of claims made against him in relation to his director’s loan account

Acting in a matter involving winding-up proceedings of various companies arising from a cross-border fraud

Assisting an executive government agency to recover debts from a variety of opponents, including solicitors and private individuals

Supporting insolvency practitioners in a variety of matters connected to the realisation of assets from directors and other third parties