This magic circle heavyweight is "deservedly one of the big beasts of the City," with a huge "number and depth of impressive litigators." The team acts on some of the most complex and high-profile banking disputes and investigations, with an increase in multi-jurisdictional disputes, especially in areas such as the Middle East, the CIS and CEE. International arbitration forms an increasingly important part of the workload, and here it advises an international bank as the trustee under a bond issue, where it is pursuing London arbitration proceedings and related international court actions against the issuer and guarantors.
KEY INDIVIDUALS Ian Moulding is "the star of the practice" and is admired for both his fantastic technical advice and his commerciality. He represents the trustee arm of HSBC in a USD60 million claim in London against a Ukrainian bank under a guarantee.
Widely respected as one of the leaders of the field, Simon Davis continues to excel in this area, and constantly impresses with his client-oriented service. He continues to assist Standard & Poor's with a wide range of regulatory and litigation issues in the UK and Europe.
Matthew Newick is "incredibly well known and well regarded" by interviewees, who highlight him as an excellent litigator. He recently defended SEB against a large commercial claim of over EUR100 million, brought by a hedge fund.
Roger Best is a highly experienced senior litigator with excellent technical skills. His practice encompasses banking, contentious regulatory and fraud issues. Sources describe him as "a good technical partner" and "really exceptional."
"Standout name" Jeremy Kosky has a broad commercial litigation practice and frequently acts for both domestic and offshore financial institutions and banks.
Global head of litigation and dispute resolution Jeremy Sandelson impresses as "a fantastic operator."
Kelwin Nicholls is one of the rising stars of the Clifford Chance bench, who specialises in the derivatives field. Sources comment: "He has got great potential," adding that "he has a cool head and is a hard worker."
Helen Carty is another promising up-and-comer, who advises a major international on a range of issues relating to local authority derivatives in Italy. Market observers see her as "one of the stars in the future."