Year of Call: 1994

Profile

Rebecca is widely recognised as a leading junior in the field of company and insolvency and restructuring law, with expertise in the fields of banking, financial services and civil fraud and asset recovery. She is recommended in Chambers UK, Chambers Global and The UK Legal 500 for company, commercial Chancery litigation and insolvency.

Her recent cases include:

1. Advising and acting for the joint administrators of Lehman Brothers International (Europe) on client money and currency issues.
2. Advising and acting for the administrators and liquidators of Global Trader (Europe) Limited in connection with issues arising out of MiFID, the FSA’s CASS Rules, the insolvency regime, contractual deduction and set-off, and the proper interpretation and effect of ISDA Master Agreements with prime brokers.
3. Advising in relation to the meaning and effect of the Landsbanki Freezing order, the Banking Consolidation Directive, Directive 94/19 on Deposit Guarantee Schemes, and the operation of the FSCS.
4. Advising a counterparty of Kaupthing, Singer & Friedlander about the interpretation and effect of a TBMA/ISMA Global Master Repurchase Agreement. 
5. Advising a major UK bank in relation to a negative basis trade in circumstances where the bank acquired the CLO but the counterparty to the CDS and the financial guarantee used the credit crunch as a reason to refuse to proceed.
6. Advising the Law Society in connection with the interplay between the regulatory provisions and the granting of security and the onset of insolvency.
7. Advising and representing DEFRA in the claim brought by a foot and mouth contractor seeking to rescind a settlement reached after mediation in 2003 on the grounds of economic duress. 
8. Advising and acting for a London Borough Council in asset recovery action following a multi-million pound fraud committed by a former employee.

Rebecca is called to the Bar of Grenada and the East Caribbean States.

She serves on the Insolvency Court Users’ Committee, is one of the consulting editors of French on Applications to Wind Up Companies and contributes to Butterworths Guide to the Legal Services Act 2007.

Notable Cases
In The Matter Of Lehman Brothers International (Europe) (In Administration) v CRC Credit Fund Ltd (2009)
In the Matter of Lehman Brothers Int (Europe) (In Admin) v GLG Investments Plc Sub-Fund:European Equity Fund & or [2010]
In the matter of Global Trader Europe Ltd (In Liquidation) v City Facilities Management Ltd & Ors (2009)
Garrett Trading Ltd v Revenue & Customs Commissioners (E01061) [2007]
Official Receiver v Paul John Hollens : Official Receiver v Jennie Rose Hollens [2007]
Financial Services Authority v Fradley & Woodward (2005)
(1) Michael Anthony Powell (2) William Graham (3) HG Investment Managers Ltd (Part 20 Defendants) v General Electric Co (Part 20 Claimant) (2005)
Mitchell v Halliwell (2005)
Financial Services Authority v Sean Fradley (T/A Top Bet Placement Services) & Gary Woodward (2004)
Customs & Excise Commissioners v Anglo Overseas Ltd (2004)
Baltic Insurance Group v (1) Jordan Grand Prix Ltd & Ors (2) Quay Financial Software Ltd & Ors sub nom Jordan Grand Prix Ltd v (1) Baltic Insurance Group (2) Kobe Reinsurance SA (3) Dai Ichi Kyoto Reinsurance Co SA (1997)

Click here to see all cases.

Qualifications
MA (Cantab) First Class

Chambers UK
Chancery - Commercial: “Both incredibly clever and incredibly down to earth,” “great team player and a really determined fighter.” (2010) “both an extremely pleasant and a fearsomely tough opponent.” A “real gutsy, feisty performer who is great fun to work with,” she marries a large advisory practice - often advising public bodies on significant matters - with a strong litigation caseload." (2009) "Tenacious, full of fight and an extremely hard worker, Rebecca Stubbs is one of the toughest opponents at the Bar." (2008); "“feisty, keen and generally fantastic,” versatile with a “marvellous ability to bob and weave her way through the Chancery Bar.”"

Chambers UK
Company: "Gutsy advocate" (2010) “a vigorous advocate who packs a powerful punch.” Her knowledge of her subject is widely praised by the market." (2009) "never takes a backward step" (2008); ""hard-working, intelligent and sparky"...a "clear, forceful advocate," “an excellent litigator” and a “true company lawyer.”"

Chambers UK
Insolvency/Corporate Recovery: "fantastic grasp of the detail." Her easy courtroom style is praised" "sensibly aggressive." "She is a real rising star." (2010) "popular as she has “bags of enthusiasm and a willingness to go the extra mile.” Her “sensible, commercial approach and general user-friendliness” went down very well with interviewees." (2009) "tough and bright ... a definite star of the future ... Clients admit "She comes up with what we need on time and it is always of outstanding quality"" (2008); a "real feisty fighter,” “personable, easy to work with and someone who is great to have by your side.”

UK Legal 500
Company: "significant experience " "a hard-working team player, adept at dealing with tricky factual matters" (2009) "charming but tenacious" Insolvency: "is rated as ‘intelligent, hardworking and reliable" (2009)

Legal Experts 2008
Company