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Elizabeth (Liz) Allen

Partner

Specialism: Lawyers Family and Matrimonial

Company: Stephens Scown

Location: Exeter, England

Citywealth rating

3.583335
Average: 3.6 (3 votes)
Fee Level:
3.333335
Average: 3.3 (3 votes)
Quality of Advice
3.666665
Average: 3.7 (3 votes)
Communications Skills
3.666665
Average: 3.7 (3 votes)
Interpersonal Skills
3.666665
Average: 3.7 (3 votes)
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Private client review:

Liz handled my recent divorce case with such skill, expertise and professionalism that I am happy to write a review. From our first meeting at which in under an hour Liz was able to completely summarize my case and offer me various potential outcomes I was on board with her and her team. All work was handled promptly, communication was clear and I felt involved in my case. I was listened to and understood at every stage yet in safe hands. Liz always acted with honesty and integrity in dealing with our opponents in the matter and by trusting totally her skills and judgement I was able to leave the court room with an outcome that was far far better than I could have ever imagined. Importantly whilst operating at such a high standard Liz manages to maintain a friendly, relaxed, approachable manner which for a client going through what was the most stressful period in my life was paramount. It was a a bonus that the team Liz leads all also operate to those same high standards so when she does take a little well earned leave she has a team trained to make a seamless continuation of professionalism and support. I can not recommend Liz highly enough.

Martyn Fox    Client   
26 Apr 2018

Peer review:

I am very familiar with the extraordinary support Liz is able to provide to her clients on many levels. She has an excellent grasp of the law, but also a pragmatic and commercial approach to her work, looking for solutions and not afraid to give honest and objective advice, while fighting her client’s corner vigorously. She has a good network of professional contacts and a deep understanding of the area of the country where she works and has the advantage of working in a widely skilled firm from which she is able to obtain sound advice on areas not immediately within her specialism.

07 Feb 2018

Start Ratings
Written Review
Your Details
If ticked your name and company will not be shown under your review of this person. However, entering your details is essential, as we will not publish any review we cannot verify. Please note you are not allowed to rate or review individuals who work for the same company as yourself.

Your personal data is used for internal purposes only and is never sold or shared. For any enquiries, please email assistant editor April French at afrench@citywealthmag.com

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2017 

Elizabeth (Liz) Allen currently has no Citywealth award

Average client size: £5 million - £25 million

Fixed fee offering: No

Stephens Scown

Number of offices globally: 1-5

Elizabeth (Liz) Allen currently has no contact details

Elizabeth (Liz) Allen is currently in no lists

Private client review:

Liz handled my recent divorce case with such skill, expertise and professionalism that I am happy to write a review. From our first meeting at which in under an hour Liz was able to completely summarize my case and offer me various potential outcomes I was on board with her and her team. All work was handled promptly, communication was clear and I felt involved in my case. I was listened to and understood at every stage yet in safe hands. Liz always acted with honesty and integrity in dealing with our opponents in the matter and by trusting totally her skills and judgement I was able to leave the court room with an outcome that was far far better than I could have ever imagined. Importantly whilst operating at such a high standard Liz manages to maintain a friendly, relaxed, approachable manner which for a client going through what was the most stressful period in my life was paramount. It was a a bonus that the team Liz leads all also operate to those same high standards so when she does take a little well earned leave she has a team trained to make a seamless continuation of professionalism and support. I can not recommend Liz highly enough.

Martyn Fox    Client   
26 Apr 2018

Peer review:

I am very familiar with the extraordinary support Liz is able to provide to her clients on many levels. She has an excellent grasp of the law, but also a pragmatic and commercial approach to her work, looking for solutions and not afraid to give honest and objective advice, while fighting her client’s corner vigorously. She has a good network of professional contacts and a deep understanding of the area of the country where she works and has the advantage of working in a widely skilled firm from which she is able to obtain sound advice on areas not immediately within her specialism.

07 Feb 2018

Start Ratings
Written Review
Your Details
If ticked your name and company will not be shown under your review of this person. However, entering your details is essential, as we will not publish any review we cannot verify. Please note you are not allowed to rate or review individuals who work for the same company as yourself.

Your personal data is used for internal purposes only and is never sold or shared. For any enquiries, please email assistant editor April French at afrench@citywealthmag.com

Elizabeth (Liz) Allen currently has no reviews

Instructed in case involving assets of £50 million with complex issues related to liquidity and capacity. Complex inter-company structures and property based SIPP.

Instructed in £15 million claim in relation to tech millionaire. Issues as to pre-acquired wealth and valuation of company assets

Dispute over shares in a £10m business in a forty-year marriage

Liz is acting for the wife in a forty-year marriage involving eleven properties and two significant car dealerships. The assets are worth approximately £10m. The wife has made important contributions to the businesses and their expansion as well as a full domestic contribution. These contributions are heavily disputed by the husband who wishes to retain the bulk of the parties' wealth and resist an equal division. There are complicated financial and valuation issues and tax consequences. Liz has involved a specialist accountant and it is clear that the husband has misrepresented his financial position by failing to produce consolidated accounts. The husband also has property abroad.

Retaining non-matrimonial shares in a third generation company

Liz is acting for the wife where she is a shareholder in a significant family company worth in excess of £30m. There were fully contested interim maintenance proposals where the husband is seeking maintenance for himself despite being employed and the children being based with the wife. The valuation of the business was fully disputed. The business consists of a trading enterprise and a very substantial commercial property portfolio so there were significant valuation issues both in terms of the commercial property and the need for a forensic accountant to value the business.

Layered on top of this is the fact that this is a third generation company in which none of the existing shareholders has taken any capital value from the business and wishes it to be preserved for future generations. Liz successfully argued on behalf of the wife that her entire shareholding should be regarded as non-matrimonial and not subject to division. The wife achieved a successful outcome which preserved matrimonial capital. There was also a trust fund for the benefit of the children and issues as to the relevance of the income received from the trust - the husband eventually agreed to resign from this trust.

Dispute over spousal maintenance

Liz is acting for the husband who is a full equity partner in a major city law firm earning approximately £1m.  There are assets in the region of £12m including a valuable property in Devon and one in London involving the instruction of a number of valuers. There are heavily disputed valuation issues concerning both properties. The wife has not worked during the marriage, creating an issue as to whether the wife will receive a substantive maintenance order as well as division of the capital. There is a dispute as to whether the husband's capital and current accounts with his London firm should be taken into account at this stage. There are also issues as to the husband's future earning capacity and his possible retirement date, and a dispute over the relevance of the health conditions the adult children have and the husband's obligations to support them.