Skip to content


Rupert Connell, Consultant

Rupert specialises in solvent and insolvent corporate restructuring.

Rupert Connell, Consultant

Contact Rupert


With a background in corporate and commercial law, Rupert has specialised in solvent and insolvent corporate restructuring, along with financial services and finance, for the past 30 years. He has acted for all categories of stakeholder including shareholders, directors, debtors, financial counterparties and trade creditors, as well as insolvency practitioners. He was involved in many well known cases, including Maxwell, Polly Peck and Leyland Daf in the recession of 1990 -1991 and acted as special UK Counsel in the Chapter 11 proceedings of a dual resident US company and its English subsidiary before any reported case of an English debtor obtaining Chapter 11 protection. He acted for the insolvency officeholders of certain TXU Europe Limited holding companies in connection with the company voluntary arrangements of the TXU Europe Group (the largest ever CVAs) and subsequent multi-jurisdictional environmental damages claims.

In the financial services field, he advises investment managers, regulated firms and collective vehicles as well as firms that are on the perimeter of regulation on documentation, transactions, regulation and the marketing of investments in the UK. The combination of this expertise has resulted in his advising on many aspects arising from the financial crisis of 2008.

Rupert is admitted to practise in England and Wales.

Experience highlights

  • Advising and representing MasterCard UK Members Forum Limited (in members’ voluntary liquidation) and its liquidators on multi-party claims, with a collective quantum of many hundreds of millions of pounds, brought against it and various MasterCard entities in the Commercial Court by a number of large UK and international retailers alleging infringement of domestic and European competition law
  • Advising the majority shareholders and the new holding company of a multinational medical products group in connection with a solvent reorganisation
  • Advising the liquidators of two overseas members of the Lehman Brothers Group in connection with intra-group claims
  • Advising a leading European fiduciary manager in connection with the establishment and regulation of its UK branch and its subsequent sale
  • Advising the liquidators of an insolvent member of a large independent financial advisory firm on the management of hundreds of client claims through the Financial Services Compensation Scheme