Karen Stachura

Karen Stachura 

Senior Associate* | Jersey

Insolvency and Corporate Disputes


Karen joined Collas Crill in March 2022 and is a Senior Associate in the Insolvency and Corporate Disputes team in Jersey. She has a broad practice in the fields of commercial litigation, insolvency and contentious trust litigation.

"I have a sharp analytical legal mind and an ability to see the wider picture to be in a position to offer clients the best possible advice in a prepared and helpful manner. I have a commercial approach to matters, offering creative solutions to meet clients' needs. I enjoy and pride myself on building strong relationships with clients"


Karen has significant experience in advising and representing clients in litigation proceedings in the Scottish courts, including Scotland's highest civil court. She has advised on commercial litigation matters involving professional negligence, product liability and construction disputes including:

  • Assisting the lead partner in Scotland's highest value claim (Kidd v Paull & Williamson LLP) which involved complex issues of fraudulent misrepresentation, breach of fiduciary duty and breach of contract.
  • Advising a firm of accountants in relation to a claim by a former director, shareholder and creditor alleging negligence against them as liquidators.
  • Acting on behalf of a firm of engineers in a complex claim arising from the construction of the Royal Hospital for Sick Children in Edinburgh.
  • Acting on behalf of a German bike manufacturer in successfully defending them following trial in respect of a claim for product liability.


Karen was admitted as a Scottish solicitor in 2000, and as solicitor advocate in 2014. She has worked in litigation throughout her legal career. Prior to moving to Jersey, Karen was a solicitor advocate with a Tier 1 Scottish firm based in Edinburgh.

*admitted in Scotland

Senior Business Assistant
Suzanne Treacy  
My services
Contentious risk and regulatory

In regulatory disputes there are often fine lines between the usual wrangling with the regulator and something more serious – by matching our mix of experienced contentious and non-contentious lawyers to the particular problem at hand, we achieve better and more efficient outcomes. As regulatory experts, we frequently act on contentious matters and can leverage our experience to help clients achieve the highest regulatory standards and avoid common pitfalls.

Corporate disputes

Our dispute resolution specialists collaborate seamlessly with our corporate advisory and banking teams across jurisdictions to advise multinational corporations, trust companies, banks, funds, insurers, governments and directors. We provide a global perspective, working closely with our clients to ensure that they are best placed to respond to customer issues, fraud risks, rapidly changing market conditions and regulatory demands.

Fraud, asset tracing, freezing, recovery and enforcement

We're used to working as part of a multi-jurisdictional team, capable of reacting and responding quickly to urgent requests for assistance with locating and freezing assets. As sophisticated defendants become more adept at dissipating assets, we've been involved in cases that created new law in relation to a party's ability to trace assets and recover their losses. With their ability to deal with complex issues the team deliver clear, commercial advice on the availability and likely success of recovery methods.


For financially distressed companies in need of restructuring and reorganisation, or for those where the opportunity to do so has passed or failed, we work to achieve the most beneficial outcome in these difficult situations. 

Our team brings a wealth of experience from a range of diverse backgrounds to give quick, accurate, commercial advice, primarily across the financial services sector. 

Currently working on some of the largest and most complex cross-border insolvencies in the jurisdiction, we frequently advise top law firms from the People’s Republic of China, the US, the UK and other jurisdictions. We are regularly briefed by Sovereign Wealth Funds and Fortune 500 Companies to advise on particular restructurings, as well as investment managers from Europe and the US.

At whatever stage we are engaged, our involvement will assist in identifying the on-going risks facing a client and to enable that client to continue to identify and effectively manage deteriorating relationships with creditors, financiers, investors or other interested parties.

10 May 2024

Winding up a Jersey company on just and equitable grounds

The Jersey Court of Appeal (the CoA) has recently handed down a judgment in Aston Martin Lagonda Ltd v Ferguson & Ors [2024] JCA 071 which explores and develops a number of useful principles relating to winding up a company on 'just and equitable' (J...

7 May 2024

Winding up a Jersey company on just and equitable grounds

Jersey is a popular place to establish an asset holding company. It is well regulated, creditor friendly, and the Companies Law is modern, flexible and modelled on English companies legislation. But what happens when things go wrong? This guide looks at ...

15 Mar 2023

Directors' duties in insolvency

In this article we explore the UK Supreme Court's ("the Supreme Court") decision in BTI v Sequana[1] and what this means for directors in Jersey - particularly when dealing with a company which is facing the onset of insolvency. Jersey is a customary la...

21 Sep 2022

New Law Journal: Restructuring

In the last of a three-part series on Jersey and Guernsey law in the New Law Journal, Senior Associate Karen Stachura provides an overview of restructuring procedures available in the Channel Islands, with input from Partner Michael Adkins, Group Partner...

28 Jul 2022

New Law Journal article on fraud

In the second of a three-part series on Jersey and Guernsey law in the New Law Journal, Partner Michael Adkins, and Of Counsel James Tee along with Group Partner Simon Hurry, and Senior Associate Karen Stachura provide an overview of fraud in the Channel...

23 May 2022

Insolvency in the Channel Islands

In the first of a three-part series on Jersey and Guernsey law in the New Law Journal, Partner Michael Adkins, Group Partner Simon Hurry, along with Of Counsel James Tee and Senior Associate Karen Stachura provide a quick overview of insolvency in the Ch...

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