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Portrait of Priscilla Oronsaye
Areas of expertise: Commercial dispute resolution

Profile

Priscilla is a restructuring and insolvency lawyer in the London commercial dispute resolution team. Drawing on her background at a leading insolvency practice, she offers a distinctive blend of legal knowledge and commercial awareness. This experience has enabled her to develop a holistic understanding of the pressures faced by companies, insolvency practitioners and individuals navigating challenging financial circumstances.

With a practice that encompasses a broad range of insolvency and restructuring matters, Priscilla advises on administrations and liquidations. She also assists directors in contentious situations, offering strategic guidance on potential liability issues and duties, as well as negotiating settlements to mitigate personal risks. By working closely with insolvency practitioners, she is well-versed in managing complex disputes efficiently and effectively. In addition to her legal practice, Priscilla has contributed to matters impacting the charity and education sectors, leveraging her expertise to support community development and educational programmes, underscoring her dedication to making a positive impact beyond the commercial sphere.

As a junior lawyer, Priscilla is committed to delivering tailored solutions and practical advice to her clients. She prides herself on her meticulous approach to legal research and her ability to distil intricate regulations into actionable strategies. Her proactive mindset ensures she remains current with legislative developments, allowing her to identify innovative pathways for clients seeking to stabilise or reorganise their businesses.

With a focus on building strong client relationships, Priscilla approaches each matter with empathy and clear communication. Her drive to achieve the best possible outcomes is grounded in her commitment to protecting clients’ interests, fostering trust, and promoting sustainable restructuring solutions.

Recent work highlights

  • Advising a board facing financial distress, and clarifying statutory obligations and compliance measures to prevent/limit personal liability, resulting in an informed strategy that protected directors and stakeholders.
  • Providing guidance to a company facing severe financial distress, focusing on risk mitigation and preventing financial contamination to related companies.
  • Representing a director in claims brought by a liquidator for alleged misfeasance, successfully negotiating a settlement that minimised personal liability and safeguarded the client’s professional reputation.
  • Advising liquidators on pursuing unpaid directors’ loans, scrutinising financial records to establish liability and negotiating repayment plans that maximised returns for creditors and stakeholders.

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.

Penningtons Manches Cooper LLP