Georgia Purnell is an experienced commercial barrister who specialises in complex and high-value commercial fraud, company and insolvency disputes.

Georgia is ranked as a “Leading Junior” in Insolvency and a “Rising Star” in Banking and Finance in the 2025 edition of The Legal 500 UK Bar Guide which describes her as “robust in submissions”, “punchy” and “bright”, while also being “very user friendly, commercial and client focused.”

Regularly instructed as sole counsel against silks and senior juniors, Georgia acts routinely in multi-million-pound disputes (including cases in the tens and hundreds of millions). She is known for her incisive advocacy and strategic acumen beyond her year of call. In particularly heavyweight cases, Georgia is also experienced in acting as junior to leading silks.

Georgia’s recent instructions as sole counsel include: a £150 million shareholder dispute involving breach of fiduciary duty, trust and contract; a successful defence at trial of an £8 million Chancery Division claim concerning an alleged share purchase agreement (Fulstow & Woods v Francis [2024] EWHC 2122 (Ch)); and a £25 million guarantee claim. She is also currently instructed as sole counsel in a £4.2 million FinTech investment fraud dispute (against a silk-led team) and in a high-value LCIA arbitration concerning a law firm partnership dispute.

Georgia’s practice is strongly international. Her recent work includes advising the Italian government in negotiations for the first post-Brexit cross-border insolvency protocol between parallel proceedings in the UK and an EU Member State; advising two global banks in a multi-million-pound Spanish restructuring and acting in major cross-border asset recovery litigation involving jurisdictions including Chile, EU Member States, Gibraltar, Hong Kong, India, Israel, and Singapore.

Expertise

Georgia has substantial experience acting for and against banks and other financial institutions in all aspects of banking and financial services disputes. Her work spans fraudulent investment schemes, mis-selling, regulatory breaches and litigation involving guarantees, debentures and financial instruments.

Georgia is ranked as a “Rising Star” by the Legal 500 in Banking and Finance who comment she is “very user friendly, commercial and client focused. Robust in submissions and doesn’t back off a tricky argument”.

Recent instructions include:

  • Instructed (against a silk-led team) in a £4.2 million fraudulent investment claim regarding alleged deception by the company and its directors, who are ex-Goldman Sachs and Lehman Brothers bankers, in inducing a German specialist bank to invest in a FinTech company.
  • Advising on multiple potential claims against major UK banks for breach of the Quincecare duty of care, including a £5.5 million case involving the misappropriation of company funds.
  • Advising on the prospects of a claim for dishonest assistance and/or Quincecare breach by an international bank arising out of a fraudulent Ponzi scheme.
  • Successfully defended a claim against a bank for alleged interest rate swap mis-selling.
  • Advising on a proposed claim for the mis-selling of complex interest rate hedging products.
  • Instructed as part of a specialist counsel team drafting proposed amendments to financial services legislation to strengthen accountability for UK regulators.
  • Advised and acted in a number of claims under s.138D FSMA, including cases involving breach of the ICOBS rules and breach of retainer.
  • Advising on the consequences of carrying on regulated activities under FSMA in breach of the general prohibition, including recently as to the prospects of a claim pursuant to s.26 FSMA for recovery of monies paid under a mortgage to an unregulated lender and a claim based on unauthorised investment advice.
  • Advising in respect of a claim by a pension fund against an investment bank for losses incurred in the course of securities lending.
  • Acting and advising in multiple claims defending banks and financial institutions for breach of statutory duty, breach of fiduciary duty and unfair relationships.
  • Advising on the defence of an irresponsible lending claim.

Georgia is regularly instructed in high-value, high-stakes commercial fraud litigation, routinely as sole counsel. She acts in claims involving misappropriation, deceit, conspiracy, breach of fiduciary duty and fraudulent misrepresentation, alongside multi-jurisdictional enforcement, tracing and disclosure issues. Her practice spans all stages of litigation – from urgent injunctive relief through to trial and advising on worldwide enforcement and asset recovery strategies. She is known for her robust advocacy, forensic approach and tactical precision.

Recent highlights include:

  • Acting (against a senior silk and junior team) in a £4.2 million fraudulent investment claim regarding alleged deception by the company and its directors, who are ex-Goldman Sachs and Lehman Brothers bankers, in inducing a German specialist bank to invest in a failed FinTech company.
  • Successfully acting in a £1.3 million Chancery Division trial against a former director for fraudulent misappropriation of company funds.
  • Successful at trial in fraud proceedings in the Chancery Division arising from the fraudulent transfer of company assets.
  • Advising an UHNW individual facing freezing and disclosure orders in respect of assets located in Israel in £14 million fraud proceedings.
  • Advised a HNW and high-profile individual as to the worldwide recovery strategy in respect of a respondent’s assets suspected to be in India and Singapore.
  • Advised a HNW individual based in Hong Kong on enforcement strategy against a respondent with assets based in Spain and Chile.
  • Successfully resisting an application for proprietary freezing injunction over shares worth over £8million, alleged to be held on trust.
  • Advising as to a prospective conspiracy and deceit claim arising from a Ponzi scheme against multiple defendants with a value in excess of £2 million. Advised in relation to potential applications for NPOs in Singapore.
  • Advising on a derivative action with a value of £1.5 million brought against the company’s director for breaches of fiduciary duty, involving the misappropriation of company funds paid to investment fraudsters where the director was on notice of the fraudulent scheme.
  • Advising as to the prospects of success of a knowing receipt claim against a third party arising from the receipt of c.£1 million with the alleged knowledge that they were fraudulently misappropriated by a director in breach of fiduciary duty.
  • Advising on an application for a search order application in circumstances in which the defendant in fraud litigation threatened the destruction of financial data (and computers and remote storage systems containing the data) central to the claimant’s case.
  • Successfully defending a national energy company at trial in a claim for fraudulent misrepresentation and breach of contract.
  • Advising on disclosure applications in £50 million fraud proceedings involving complex equitable proprietary claims including on breach of duty, bribery, unlawful means conspiracy and knowing assistance.

Georgia is regularly instructed in substantial commercial litigation and arbitration, routinely as sole counsel in cases valued up to £150 million. Her work spans shareholder and contractual disputes and complex financial and investment claims. She is known for her robust advocacy, commerciality and ability to lead heavy litigation without a leader.

Georgia has particular strength in cases involving fraud, fiduciary duties and jurisdictional issues. She acts for a wide range of clients including multi-national conglomerates, financial institutions, professional firms and high-net-worth individuals.

Recent highlights include:

  • Successfully defended a 5-day Chancery Division trial in which the Claimants alleged an agreement to purchase 32% of shares in development land valued at £32 million, with a post-planning estimate of £100 million: (1) Fulstow (2) Woods v Francis [2024] EWHC 2122 (Ch). The Court dismissed the claim on all grounds and awarded indemnity costs, with significant findings on PD57AC compliance.
  • Advising in a claim with an estimated value of £150 million arising from shareholder conduct in a Fintech company for breach of fiduciary duty, breach of trust and breach of contract.
  • Currently instructed to defend a FinTech company in liquidation (against a senior silk and junior team) a £4.2 million fraudulent investment claim regarding alleged deception by the company and its directors, who are ex-Goldman Sachs and Lehman Brothers bankers, in inducing a German specialist bank to invest in the company.
  • Defending a £25 million dispute relating to a complex security structure, with the primary dispute regarding multiple guarantees and indemnities.
  • Acting for the executors of a deceased law firm partner’s estate in complex and high value arbitral proceedings (LCIA) against the partnership for withholding the final profit distribution and against another partner for breaches of the partnership agreement and fiduciary duties.
  • Acting for a global conglomerate in injunctive proceedings in a contractual dispute (led by Tom Poole KC).
  • Acting for a pension trustee in Gibraltar in a dispute concerning the distribution of a £multi-million QROPS fund (led by Daniel Feetham KC).
  • Successful in a £1.3 million misappropriation claim in a Chancery Division trial against a former director concerning the fraudulent misappropriation of company funds.
  • Successful in fraud proceedings at trial in the Chancery Division arising from the fraudulent transfer of company assets.
  • Significant experience obtaining freezing orders in general commercial litigation disputes (non-fraud), including obtaining a freezing order in the High Court against a defendant who had been unjustly enriched by the mistaken payment of significant monies by an office holder based in the Republic of Ireland and on receipt started to dissipate those funds.
  • Successfully representing one of the most prominent Emirati banks in a High Court application to contest the jurisdiction of the English courts in the context of a claim for breach of trust, breach of fiduciary duty and breach of contract.
  • Obtained summary judgment (with indemnity costs) for a Hong Kong-based claimant against a Spanish defendant domiciled in Chile in a breach of contract claim.

Notable Commercial Litigation and Arbitration cases


(1) Fulstow (2) Woods v Francis [2024] EWHC 2122 (Ch)

Successfully representing Mr Francis in a 5-day Chancery Division trial, where the Claimants alleged they had agreed to purchase 32% of shares in development land valued at £32 million, with a post-planning estimate of £100 million. The Judge dismissed the claims entirely and awarded indemnity costs against the Claimants. The case is significant and was widely reported for the Judge’s findings on the Claimants’ solicitor’s failure to comply with PD57AC, with the Judge finding that “false” certificates of compliance had been signed. This decision underscores the importance of adherence to procedural rules and the severe consequences of non-compliance in high-stakes commercial litigation.


Georgia has extensive experience in company and partnership disputes, particularly those involving breach of fiduciary duty and shareholder fallouts. Her work frequently overlaps with her commercial, fraud and insolvency practices. She acts for shareholders, directors, partnerships and companies – both onshore and offshore – and is often instructed as sole counsel in disputes with several millions.

Recent cases in which Georgia has been instructed as sole counsel include:

  • Successfully defending a 5-day Chancery Division trial in a dispute over a purported agreement to purchase 32% of shares in development land valued at £32 million, with a post-planning estimate of £100 million: (1) Fulstow (2) Woods v Francis [2024] EWHC 2122 (Ch).
  • Advising in a £150 million shareholder dispute in the FinTech sector involving allegations of breaches of fiduciary duty, trust and contract.
  • Instructed against leading counsel in a £4.2 million claim for fraudulent misrepresentation and breach of warranty brought by a German investor bank against a FinTech company and its directors.
  • Advising a global conglomerate as to complex issues with a charge over shares worth approximately £15 million.
  • Acting for the executors of a deceased law firm partner’s estate in complex and high value arbitral proceedings (LCIA) against the partnership for withholding the final profit distribution and against another partner for breaches of the partnership agreement and fiduciary duties.
  • Instructed by the directors of a group of Gibraltarian companies to advise on whether a share transaction undertaken during a £multi-million restructuring could be unravelled to rectify share allocations.
  • Advising a prospective petitioner in a £multi-million shareholder dispute alleging breach of fiduciary duty and unfairly prejudicial conduct arising.
  • Advising on a derivative action with a value of £1.5 million brought against the company’s directors involving the misappropriation of company funds paid to investment fraudsters where the director was on notice of the fraudulent scheme.
  • Advising on a high value partnership dispute regarding the enforceability of restrictive covenants.
  • Acting in a £multi-million partnership dispute concerning alleged serious breaches of the partnership agreement and diversion of the partnership’s primary client base.

Georgia is a highly experienced insolvency litigator, regularly instructed in complex and high-value disputes, often as sole counsel. She is ranked as a Leading Junior in Insolvency by the Legal 500 who regard her as “punchy” and “bright”.

She acts for office-holders, creditors, investors, financial institutions, companies, directors and other individuals in litigation arising from misfeasance, asset recovery, wrongful trading, remuneration challenges and cross-border issues. Her practice frequently overlaps with allegations of fraud, breaches of duty and international asset tracing.

Georgia’s recent instructions include:

  • Advising liquidators in a £150 million dispute against an investor bank for breaches of fiduciary and statutory duties, breach of contract and breach of confidence concerning its conduct as shareholder and alleged role in forcing the company into insolvency.
  • Instructed (against a silk-led team) in a £4.2 million fraudulent investment claim brought against a FinTech company in liquidation and its former directors.
  • Advising the Italian government in the first cross-border insolvency protocol between parallel proceedings in England and in an EU member state (Italy) post-Brexit (led by Richard Samuel).
  • Advising the liquidators and special commissioners, appointed by the Italian Government, in the cross-border insolvency of La Perla, with claims in the estate exceeding several hundred million pounds (led by Richard Samuel).
  • Advising two global banks (Santander and Sabadell) in a £multi-million cross-border restructuring (led by Daniel Feetham KC).
  • Acting for a global conglomerate in injunctive proceedings concerning a dispute over receivers’ remuneration (led by Tom Poole KC).
  • Instructed by liquidators (against leading counsel) in a high-value dispute concerning a complex guarantee.
  • Acted for the successful liquidators in a rare and complex application to increase remuneration in a solvent liquidation opposed by shareholders.
  • Acting in a £25 million statutory demand and guarantee dispute, where the respondent claimed assets approaching £1 billion.
  • Successfully acted in a High Court trial for liquidators pursing a £1 million misfeasance claim against a director for fraudulent payments and unlawful dividends.
  • Significant experience acting for office-holders in the High Court in relation to defective office-holder appointments, including Re Mederco (Cardiff) Ltd [2021] EWHC 386 (Ch).
  • Advising a prospective petitioner in respect of a proposed petition to wind up a foreign company in the courts of England and Wales.
  • Appellate experience, including acting for the successful office holders in a High Court appeal relating to beneficial interests in land and successfully appearing on behalf of joint trustees in the High Court in an application for relief from sanctions to pursue an out of time appeal.
  • Advising a liquidator in respect of disclosure applications relating to underlying proceedings in excess of £50 million involving complex equitable proprietary claims (based on breach of duty, bribery, unlawful means conspiracy and knowing assistance).

Notable Insolvency cases


Re Mederco (Cardiff) Ltd [2021] EWHC 386 (Ch).

Application in the High Court relating to a defective administration extension where the consent of hundreds of international investors with claims exceeding £4.5 million, who should have been treated as secured creditors as holders of equitable liens, was not obtained. Significant judgment considering whether the Court can backdate a retrospective administration order for more than 364 days and determining that the post- Brexit legislation applied despite the order being backdated before the end of the transition period.
Retrospective administration order plus an extension obtained.


Georgia has particular expertise in professional liability claims arising in the context of company, insolvency and financial services litigation. She regularly acts in high-value disputes involving directors and officers, insolvency practitioners and insurance coverage and is well placed to handle complex multi-party cases involving fiduciary duties, statutory breaches and overlapping FSMA issues.

She has advised both claimants and defendants – including creditors, office-holders and insurers – under the Third Parties (Rights Against Insurers) Act 2010, D&O policy disputes and professional negligence claims involving misfeasance.

Georgia’s recent work includes:

  • Advising on an indemnity dispute under a D&O policy concerning underlying fraud allegations worth £1.5 million.
  • Acting in proceedings under Third Parties (Rights Against Insurers) Act 2010, including in proceedings brought against an intermediary with a value in excess of £1 million.
  • Advising a creditor of a company in administration as to the prospects of success of a misfeasance claim against the administrators for failing to realise the true value of the company’s assets and incorrectly disclaiming property.
  • Advising a group of creditors as to the merits of a misfeasance claim against the administrators for distributing dividends in breach of the order of priority, including the payment of a dividend to a lower ranking secured charge holder and the payment of the administrators’ fees first where there was no secured creditor consent to the remuneration.
  • Successfully appearing in the High Court on behalf of joint administrators seeking to convert to liquidation despite parallel misfeasance claims having been brought by creditors.

‘Georgia is very good and on top of her cases. Her advocacy is very good for her call and she speaks assertively.’ - Insolvency

Legal 500 2026

‘Punchy, bright and is not afraid to get stuck in.’ - Insolvency

Legal 500 2025

‘Very user friendly, commercial, and client focused. Robust in submissions and doesn’t back off a tricky argument.’ - Banking and finance (including consumer credit) > Rising stars

Legal 500 2024

For Help or Advice…


Please contact us either by telephone: +44 (0)20 7415 7800 or email: clerks@3harecourt.com

 

  

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