ITG Ltd and Bayeux Ltd v Geneva Trust SA [2019] GRC 064

James Brightwell acted for the Plaintiffs and Timothy Collingwood acted for the new trustees in the latest Tchenguiz instalment, ITG Ltd and Bayeux Ltd v Geneva Trust SA [2019] GRC 064, where the Guernsey Royal Court followed the decision in Re Z Trusts on the priority of trustee creditor claims and held that the assignment of a claim to the present trustees had resulted in the discharge of the debt.

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Timothy Collingwood KC has a broad commercial and chancery practice, with a particular emphasis on litigation concerning commercial agreements, company, insolvency, and international trust matters.

Described in Legal 500 (2025) as “a truly gifted advocate who is totally committed to the case”. The directories recognise him as a leading practitioner in these fields. He has extensive experience of claims concerning breaches of duty, in particular in respect of directors or trustees and frequently involving allegations of fraud, and of shareholder disputes.

Prior to commencing practice in this jurisdiction, Tim was called to the bar in the Cayman Islands and practised as an attorney-at-law. He continues to undertake work in respect of a number of offshore jurisdictions. He is called to the Bar of the British Virgin Islands.