London (Firms) - Banking Litigation Lawyers & Law Firms - UK - Chambers and Partners
Chambers & Partners has detected the use of an ad blocker.
We make use of tailor-made ads to enhance your experience of our website.
Please 'whitelist' https://www.chambersandpartners.com.
Close
UK Guide

Banking Litigation — London (Firms)


Addleshaw Goddard LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 9 partners
- 25 other qualified lawyers

What the team is known for An experienced and highly regarded team of litigators, acting for a broad array of domestic and international financial institutions. Offers strong expertise in relation to derivatives and structured financial product disputes, particularly in handling matters that are international in scope.

Strengths Interviewees note: "The lawyers there are always able to put themselves in their clients' shoes."

Work highlights Retained by Kommunale Wasserwerke Leipzig to defend an appeal against a USD400 million judgment against UBS. The initial case found that an alleged bribe paid by the advisers was attributable to UBS, and that UBS had negligently mismanaged a portfolio underlying derivatives transactions.

Acted for RBS to handle a redemption action under a fixed rate loan made available to a property development syndicate. The borrower claimed that it should not be liable for the costs of unwinding interest rate swap transactions which the bank entered into in connection to the facility, should it prepay the loan.

Significant clients Bank Leumi, Lloyds Bank, Nationwide, Netherlands Development Finance, Barclays.

Notable practitioners

Michael Barnett is highly regarded for his expertise in banking disputes involving investment banks, derivatives and structured finance matters. Interviewees say: "He really knows what clients want, he's very responsive and he delivers."

Seasoned litigator Mark Gill is a respected presence in the banking and financial institutions market, with clients highlighting his "tactical nous" and "very cerebral" approach as strengths. His broad expertise covers financial products litigation, security matters and fraud issues.

Since publication, Mark Gill has retired from this practice.

About the Team (content provided by Addleshaw Goddard LLP)

Please visit the Addleshaw Goddard website to find out more about our work in this area:  https://www.addleshawgoddard.com/en/specialisms/dispute-resolution/finance-disputes/

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Akin Gump Strauss Hauer & Feld - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 7 partners
- 11 other qualified lawyers

What the team is known for Maintains a strong reputation for its representation of investment funds in contentious banking work, with strengths in distressed debt disputes, sovereign debt litigation and shareholder activism issues. Offers additional expertise in restructuring disputes and the law applying to third party litigation.

Strengths "They're brilliant. They're very nice to work with, very bright and very hard-working," one client reports.

Work highlights Retained by partners of Deloitte, in their capacity as joint administrators of African Minerals, to advise on potential litigation concerning certain intercompany receivables and in relation to losses suffered following the enforcement sale of an iron ore mine in Sierra Leone.

Represented Cornwall Luxembourg to bring claims against International Game Technology over disputed liability of the defendant to pay dividends.

Significant clients Obligo Investment Management, BDO, Principal Global Investors, Prudential Insurance.

Notable practitioners

Respected banking litigator Mark Dawkins offers considerable strengths in complex and high-value disputes, often with cross-border elements. Market commentators describe him as "experienced and sensible," offering praise for his "very thoughtful" approach.

About the Team (content provided by Akin Gump Strauss Hauer & Feld)

Department profile not yet provided by Akin Gump Strauss Hauer & Feld. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Allen & Overy LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 8 partners
- 35 other qualified lawyers

What the team is known for A pre-eminent group of leading individuals specialising in the representation of financial clients. Frequently instructed by hedge funds, private equity firms, investment and retail banks, with especially prominent expertise in handling claims relating to alleged manipulation of financial benchmarks. Draws from impressive wider strengths in related practice areas, with specialist practitioners in banking, corporate trustee, derivative and restructuring practices. Also offers excellent international capability thanks to the strength of its global network.

Strengths Clients say: "The team is very commercially astute and pleasant to work with. They are really strong across the board."

Work highlights Continued to advise Deutsche Bank and a syndicate of lenders in connection with the fallout from the Libor rigging scandal, seeking to recover amounts outstanding under a loan of USD150 million. Recently successfully acted for clients before the Court of Appeal to argue that the defendants should not be permitted to amend their pleadings to argue that the loan and swap contracts referencing Libor are void on the basis of competition law.

Acted for Elavon, in its capacity as cash manager and agent, to successfully argue that interest in Class X notes issued by Titan Europe should be calculated in reference to 'Ordinary Interest' only, and that Class X noteholders were not entitled to more money in a default scenario.

Notable practitioners

Andrew Denny has expert knowledge of litigation arising from disputes over complex structured financial products. He regularly acts for leading investment banks in major cases, including appeals before the highest courts. Clients say: "Andrew provides clear, concise explanations of complex issues, and he can give strategic recommendations."

Calum Burnett focuses his practice on contentious regulatory work and banking litigation. He represents a range of financial institutions in complex and high-profile disputes, enforcement proceedings and regulatory investigations. He co-heads the firm's banking, finance and regulatory litigation practice group.

Marc Florent is regarded as an expert in the full spectrum of contentious structured finance matters, with particular expertise in derivatives disputes. He also offers strong credentials in insolvency matters.

Arnondo Chakrabarti is called upon by clients for his strengths in cross-border disputes and investigatory work. He offers notable expertise in corporate crime matters, banking litigation and contentious regulatory issues.

Practice co-head Mona Vaswani calls on deep sector expertise in disputes involving allegations of fraud, corruption, money laundering and financial products mis-selling. She also assists with internal investigations for corporate and banking clients.

About the Team (content provided by Allen & Overy LLP)

Department profile not yet provided by Allen & Overy LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Ashurst - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 6 partners
- 20 other qualified lawyers

What the team is known for Offers extensive experience acting for major banks and financial institutions in high-value disputes. Especially adept in handling cases turning on issues of contractual interpretation, professional negligence and fraud within the financial industry. Also frequently engaged in international mandates, offering skills in global asset recovery issues and in assisting local counsel on foreign law matters.

Work highlights Advised Daiwa Capital Markets Europe to defend a USD200 million claim brought by Singularis Holdings, alleging breach of duty and dishonest assistance.

Acted for Nomura Bank to handle multiple litigation claims arising out of structured product transactions entered into with an individual who was later found guilty of fraud in Indonesia. Most recently, the firm successfully pursued a claim against an Indonesian bank over the entitlement to USD150 million held in a Swiss bank account charged to both banks.

Significant clients NRAM, Cerberus, Commerzbank, RBS, Credit Suisse.

Notable practitioners

The "immensely experienced" Edward Sparrow has a wealth of litigation expertise and enjoys a market-leading reputation in the sector. He has specialist knowledge of complex financial services and banking litigation, as well as noted strengths in contentious regulatory matters.

About the Team (content provided by Ashurst)

Department profile not yet provided by Ashurst. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Baker McKenzie - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 9 partners
- 22 other qualified lawyers

What the team is known for Well-regarded bench of litigators able to draw on the firm's excellent international reach to handle significant matters with multi-jurisdictional elements. Advises a range of leading international financial institutions on cross-border litigation and investigations, alongside roles advising public and regulatory bodies on public law matters. Further complementary expertise in relation to contentious trusts and white-collar criminal proceedings.

Work highlights Acted for Standard Chartered Bank to defend an USD80 million claim with investors over convertible bonds issued by an Indian listed company. The investors disputed that their call options were triggered and alleged the issuer's conversion resulted from a fraudulent manipulation of its share price.

Advised the FCA on its role as interested party in judicial review proceedings brought by Holmcroft Properties against KPMG. The case concerned KPMG's role as an independent reviewer hired by the FCA to investigate claims that Barclays had mis-sold interest rate hedging products to Holmcroft.

Significant clients JPMorgan Chase, Bank of England, Dubai Islamic Bank, Taiwan Business Bank, African Export-Import Bank.

Notable practitioners

Arun Srivastava offers specialist knowledge of European regulatory requirements, alongside a wider financial services litigation practice. He leads the firm's financial services team in London.

Anthony Poulton acts for a wide variety of clients, including trustees, beneficiaries, executors and protectors, on litigation concerning banking, private wealth and trusts. He also offers niche expertise in disputes in offshore jurisdictions, including Jersey, Guernsey and the British Virgin Islands.

About the Team (content provided by Baker McKenzie)

Department profile not yet provided by Baker McKenzie. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Bryan Cave Leighton Paisner LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 8 partners
- 12 other qualified lawyers

What the team is known for Strong sector expertise and good integration with its noted financial transactional team. Skilled in cross-border litigation, with strengths in disputes involving continental Europe, the USA and Nigeria. Offers clients the benefit of its in-house forensic accountancy team and complementary capability in relation to fraud and money laundering matters.

Strengths One client notes: "The standard of their work is incredibly high, they know the issues inside out and they are incredibly responsive."

Sources commend the team's "clear legal advice" and its "very intelligent and diplomatic" approach to banking litigation.

Work highlights Acted for Access Bank, a Nigerian commercial bank, in a successful £1 billion claim against its former CEO and managing director alleging of misappropriation of the bank's funds and the operation of an illegal share purchase scheme.

Significant clients Morgan Stanley, Intercontinental Bank, National Australia Group, CBRE Global Investors, Deutsche Bank.

Notable practitioners

Segun Osuntokun has garnered a strong reputation for his banking and financial services litigation practice, with clients describing him as "very intelligent, insightful and diplomatic." He heads the firm's Africa group and has a wealth of experience in cross-border disputes.

Practice head Oliver Glynn-Jones regularly handles structured and asset finance litigation matters, with clients calling upon his talents as a solicitor advocate on complex dispute work. Clients say: "He has a very good sense of what's commercially important for a client, what the courts will do and how judges will respond."

About the Team (content provided by Bryan Cave Leighton Paisner LLP)

Department profile not yet provided by Bryan Cave Leighton Paisner LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Cleary Gottlieb Steen & Hamilton LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 4 partners
- 2 counsel
- 16 associates

What the team is known for Noted cross-border capability, as well as the expertise to handle complex disputes concerning a range of issues within the banking industry. Particularly strong in relation to derivatives and national bond litigation, alongside proficiency in regulatory investigations and enforcement matters.

Strengths Market sources commend the "very astute" lawyers at the firm, offering praise for their "really high-class work."

Work highlights Represented Dexia Crediop to bring claims against multiple Italian municipalities in connection with derivatives transactions entered into by the banks and the Italian municipalities.

Continued to advise the Russian Federation to pursue the repayment of a USD3 billion Eurobond issued by Ukraine through the English High Court.

Significant clients Goldman Sachs, Citi, Credit Suisse, HSBC, UBS.

Notable practitioners

"Class act" Jonathan Kelly has considerable expertise in a broad spectrum of banking and financial services disputes, alongside skills in antitrust and competition claims and issues of sovereign immunity. Interviewees describe him as "a real market leader," revealing: "He is great to work with because you know he's seen it all before."

Sunil Gadhia acts for both claimants and defendants in litigation and arbitration cases, often in substantial cases with cross-border issues. He also offers skills in regulatory investigations, competition law matters and international sanctions issues.

About the Team (content provided by Cleary Gottlieb Steen & Hamilton LLP)

For more information about Cleary Gottlieb's Litigation practice, please visit https://www.clearygottlieb.com/practice-landing/litigation-and-arbitration

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Clifford Chance LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 22 partners
- 110 associates

What the team is known for Superb track record in representing sophisticated multinational banks and financial institutions in their most complex and reputationally significant matters. Offers expertise across the full gamut of disputes work, with notable strengths in defending class actions, regulatory and criminal investigations, fraud issues, international arbitration and misrepresentation disputes. Also calls upon a specialist forensic accounting team to assist on litigation and investigatory work.

Strengths Interviewees hail the firm's "very strong group of litigators."

Work highlights Represented BNP Paribas to defend a breach of duty claim brought by the issuer and certain certificate holders in relation to a landmark USD650 million Islamic finance bond provided to Saad Trading, Contracting & Finance Services.

Acted for Deutsche Bank to defend an EUR800 million derivatives claim by Vestia.

Significant clients Citi, J.P. Morgan, Credit Suisse, RBS, Standard Chartered.

Notable practitioners

The "phenomenal" Simon Davis brings over three decades of experience to bear for clients in high-profile disputes work, offering outstanding strengths in international litigation and investigations. Clients say: "He's a very impressive and extremely bright guy. He's able to see the big picture and also retain the detail." He leads the commercial litigation group in the London office.

Ian Moulding is described as "tactically wise" by market sources, who commend his skills in complex banking litigation cases. He continues to advise a broad client base on a wide range of contentious matters, including mis-selling and Libor manipulation claims.

Clients of Roger Best offer high praise for his "excellent" capabilities in banking litigation work. His wider practice also comprises arbitrations, regulatory enforcement and alternative dispute resolution.

Jeremy Sandelson has a wealth of expertise in disputes work, frequently advising banks and other financial institutions on significant litigation and arbitration proceedings internationally. He leads the firm's global litigation practice.

Jeremy Kosky has a multifaceted practice which incorporates breach of contract and fiduciary duty claims, fraud issues and professional misconduct matters. He also offers expertise in offshore litigation, with experience handling cases in the Cayman Islands, the British Virgin Islands, Bermuda and Jersey.

Helen Carty earns impressive praise for her "exceptionally sound judgement" and "effective style" in banking litigation, with clients characterising her as "a pleasure to work with." She regularly defends a range of banks and financial institutions in disputes work, including cross-border and multi-jurisdictional matters.

About the Team (content provided by Clifford Chance LLP)

Department profile not yet provided by Clifford Chance LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Cooke Young & Keidan LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 5 partners
- 13 other qualified lawyers

What the team is known for Litigation boutique with a solid reputation in the market for its capacity to handle large-scale, complex disputes against banks and major corporates. Particular recent experience in handling major Libor manipulation and interest rate swap mis-selling litigation. Its client base includes a broad spectrum of hedge funds, property developers and high net worth individuals.

Strengths Interviewees highlight the "excellent lawyers" at the firm for "their commercial approach to our business."

Work highlights Acted for Les and Jan O'Hare to bring a £3.5 million claim against Coutts & Co, alleging mis-selling of investment products.

Represented Edward and Simon Hackett in a £5 million claim against RBS alleging breach of statutory duty, common law duties and fraudulent representations concerning an interest rate swap.

Significant clients Highland Capital Management, West Ten Properties, Mazarona Properties, Wanis International Foods, SWP Group.

Notable practitioners

The "fantastic" Philip Young is described as "a bright and forceful" lawyer by market commentators, who highlight him as "a pleasure to work alongside." His practice incorporates banking, fraud and financial services litigation.

Marc Keidan regularly acts for a broad spectrum of bank customers, hedge funds and wider investors in litigation claims against financial institutions. Market sources offer praise for his "solutions-focused" manner and his skills as "a great strategist who thinks outside the box."

Sinead O'Callaghan has a wide-ranging litigation practice, with strengths in banking and finance litigation, contentious trust work, fraud and professional negligence claims. Sources say: "She is an experienced litigator who always has her finger on the pulse of the case and where it's going."

About the Team (content provided by Cooke Young & Keidan LLP)

Department profile not yet provided by Cooke Young & Keidan LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Dentons - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 4 partners
- 13 other qualified lawyers

What the team is known for Extremely well-resourced firm which is highly proficient in a range of wholesale banking litigation claims, investment banking disputes and advising on public law regulatory matters. Offers additional skills in corporate trustee advisory work, including issues pertaining to use of powers and transactional amendments.

Strengths Market commentators say: "They are a strong defendant firm with lots of experience acting for banks."

One source commends the team for "going the extra mile for clients."

Work highlights Successfully defended RBS against a £30 million claim brought by Property Alliance Group alleging the mis-sale of interest rate derivatives.

Acted for the FCA to successfully defend a £600 million malfeasance claim brought by the former CEO and owner of Keydata Investment Services.

Significant clients Bank of London & The Middle East, Financial Services Compensation Scheme, Commerzbank, DEPFA Bank, Société Générale.

Notable practitioners

The "very calm and sensible" Richard Caird receives plaudits for his "very sound judgement" in banking litigation cases, particularly in derivatives matters. He also acts for regulators and other public law entities in the sector.

About the Team (content provided by Dentons)

Our Financial Markets Disputes Group represents major financial institutions in a wide variety of complex and often high-profile disputes. There has been significant coverage of our cases, in legal and mainstream media, throughout 2016 and 2017.

As part of one of the largest Financial Markets Disputes teams in the UK, our specialists in London are led by a strong bench of senior lawyers who ensure clients receive technical, commercial and practical advice based on prior experience. Working fluidly with counterparts in Watford, our business model allows us to leverage a broad range of price points and staffing options to service major clients, whether for business critical matters or volume work.

Expertise includes:

  • Wholesale banking disputes:​
    - Derivatives
    - Letters of credit
    - Fraud, corruption and compliance
    - Professional negligence
  • Investment banking disputes:
    - Structured products
    - Credit default swaps
    - Equity and commodity derivatives
    - Financial services regulation
  • Regulatory:
    - Judicial reviews
    - Interpretation of regulatory rules and powers
  • Corporate trustee advisory:
    - Obligations in contentious matters
    - Amendments to transaction documents and "material prejudice" disputes
    - Use of powers.

We understand that safeguarding the brand and reputation of our clients, combined with securing optimal results, is tantamount to building solid and long-standing partnerships. Feedback regularly cites appreciation of the team's "pragmatic hands-on approach" and significant expertise.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


DLA Piper LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 13 partners
- 36 other qualified lawyers

What the team is known for Global firm which utilises its extensive international platform to assist clients facing complex, multi-jurisdictional disputes. Particularly pronounced expertise in matters concerning central banks, as well as cases involving allegations of fraud.

Strengths One client says: "DLA Piper as a team provide us with excellent service and manage our relationship extremely well."

Work highlights Advised the Special Administrator of Cyprus Popular Bank on its actions to recover losses of up to EUR3.5 billion, arising out of allegedly fraudulent transactions entered into by former managers of the bank and related entities.

Advised Latvian bank Trasta Komercbanka on proceedings commenced by the European Central Bank and the national regulator for the withdrawal of the bank's licence, following concerns over the bank's capital, liquidity and controls, and allegations of money laundering.

Significant clients Arab Bank, BNP Paribas, Central Bank of Cyprus, Habib Bank, HSBC.

Notable practitioners

Jean-Pierre Douglas-Henry is regarded as a "smooth operator" in banking litigation matters, with interviewees highlighting his "clear, strategic advice" and his ability to "command the table when he's speaking." He leads the litigation and regulatory group in the UK, and also heads the firm's EMEA cross-border litigation practice.

About the Team (content provided by DLA Piper LLP)

Department profile not yet provided by DLA Piper LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Enyo Law LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 14 partners
- 18 other qualified lawyers

What the team is known for Conflict-free litigation boutique that enjoys a growing reputation for its ability to handle complex international banking disputes. Its wide-ranging client roster includes hedge funds, sovereign wealth funds, private equity houses and high net worth individuals. Offers additional expertise in connection to the enforcement of arbitration judgments.

Strengths Sources report: "They have impressed me enormously. They can act against big names in the market with no issues and they can move very fast without running into problems."

Work highlights Retained by the Libyan Investment Authority (LIA) to handle a claim against Goldman Sachs to rescind nine complex derivative transactions worth over USD1 billion which expired as worthless. The suit alleged Goldman Sachs exerted undue influence so as to procure the LIA to enter into the trades and that the trades constituted an oppressive bargain.

Acted for London Bridge Holding (LBH) to bring a £480 million claim against RBS for the rescission of Libor-linked interest rate swaps which the bank required LBH enter into for the debt financing of a development site in London Bridge.

Significant clients Banco de Portugal, Thamesview Investments, LBH Hotel.

Notable practitioners

Simon Twigden offers broad expertise in international banking disputes, with deep knowledge of litigation concerning the mis-selling of financial products, contractual disputes and wider fraud issues. Clients label him "a fantastic team player," describing him as "very pragmatic and very straightforward."

About the Team (content provided by Enyo Law LLP)

Department profile not yet provided by Enyo Law LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Eversheds Sutherland - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 12 partners
- 26 other qualified lawyers

What the team is known for Particularly strong in connection to structured credit and investment management disputes. Calls upon extensive international resources across continental Europe and the USA to offer a strong platform in cross-border disputes. Also offers highly regarded expertise in a number of related areas affecting the banking and finance industries, including in white-collar crime and contentious regulatory matters.

Work highlights Acted for Lloyds Banking Group, as a member of its fixed-rate loan dispute panel, in defending a £1 million claim brought by a customer regarding alleged mis-selling of interest rate hedging products.

Continued to advise Law Debenture Trust, in its capacity as bond trustee in bonds issued by Bell Group companies, to defend proceedings commenced by Plaza following the liquidation of Bell Group.

Significant clients HSBC, Citibank, Standard Chartered Bank.

Notable practitioners

Distinguished litigator Andrew Legg focuses his practice on commercial and banking disputes, with considerable expertise in cross-border matters. He also excels in regulatory enforcement matters, investigations and insolvency litigation.

About the Team (content provided by Eversheds Sutherland)

Department profile not yet provided by Eversheds Sutherland. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Fieldfisher - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 3 partners
- 9 other qualified lawyers

What the team is known for Noted strength in connection with a range of financial litigation, particularly with regard to derivatives issues, insolvency disputes and regulatory matters. Engaged by an international client base, with expertise in acting for clients based in the USA, Northern Europe and wider offshore jurisdictions.

Strengths One client notes: "They were all very personable, and were able to establish a relationship of trust and respect from the outset."

Work highlights Continued to act for PwC in its role as special administrator of Liechtenstein-based insurance company Gable Insurance, advising on day-to-day management, UK claims handling procedures and liaising with the FCA and Financial Services Compensation Scheme.

Advised the Consilium Corporate Recovery Master Fund on the enforcement of its contractual repayment rights over a loan to Cambria Africa, including a claim for the reimbursement of costs incurred in securing its repayment and the defence of a USD2 million counterclaim alleging conspiracy and fraud.

Significant clients Danske Bank, Global Commodities Trading, Austrian Bank.

Notable practitioners

The "extremely commercial" Duncan Black acts for banks, asset managers and broker dealers on litigation and contentious regulatory matters. His broad international practice also incorporates work in offshore jurisdictions, including the Cayman Islands and Jersey.

About the Team (content provided by Fieldfisher)

Department profile not yet provided by Fieldfisher. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Freshfields Bruckhaus Deringer LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 10 partners
- 2 counsel
- 40 other qualified lawyers

What the team is known for Extraordinarily strong bench of associates and partners operating at the highest level in the banking litigation space, with stellar capabilities in mis-selling claims, investment disputes and contentious trading issues. Acts regularly on behalf of retail and investment banks, as well as private equity firms and hedge funds in complex litigation. Noted ability in handling cross-border matters due to its well-established international network.

Strengths Clients say: "You get a very good service. They are proactive and commercial, which is very important."

Work highlights Defended Mastercard against a £14 billion class action claim, following the EC's decision that Mastercard set intra-EEA multilateral interchange fees at an unlawfully high level and caused loss to consumers.

Acted for Deutsche Bank to defend a EUR70 million High Court claim brought by the liquidators of Hellas Telecommunications, alleging that monies were paid to the defendants pursuant to a transaction to defraud creditors and directly resulted in the insolvency of the business.

Significant clients HSBC, Zurich, Credit Suisse, Morgan Stanley, UBS.

Notable practitioners

Star litigator Ian Taylor brings vast experience and gravitas to financial services disputes, investigations and contentious regulatory matters, in which he acts for leading investment and retail banks. Sources report: "He has an unbelievable ability to bring absolute order to chaos, and he's got an incredibly strategic brain as well."

Andrew Hart is a leading figure in the market, offering significant trial experience in a broad range of complex, big-ticket disputes and cross-border matters. Interviewees cite his "proactive, commercial and responsive" approach as a key asset.

Commentators report that Simon Orton enjoys "a strong reputation" in the field, with his "astonishing capacity for detail" earning particular praise. His practice comprises high-value litigation, regulatory investigations and enforcement actions, and he heads the firm's financial institutions disputes group.

Sarah Parkes is highly adept in advising corporate and financial institutions on defending regulatory enforcement and handling complex financial services litigation. She also offers niche strengths advising on sanctions issues.

About the Team (content provided by Freshfields Bruckhaus Deringer LLP)

Please visit the Freshfields website for more details about our work in this category: http://www.freshfields.com/en-gb/what-we-do/services/disputes-litigation-and-arbitration/commercial-litigation/

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Herbert Smith Freehills - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 15 partners
- 62 other qualified lawyers

What the team is known for A pre-eminent banking litigation outfit with a standout track record of instructions in some of the highest-value and most significant cases of recent times. Its enviable client roster includes major players in the retail, corporate and investment banking sectors, who turn to the firm for its expertise in complex, bet-the-company disputes work. Offers additional complementary expertise in insurance, white-collar crime and public law matters.

Strengths A source says: "They are a first-class firm. They were always on hand to provide the assistance that we needed, and I couldn’t have asked for more in terms of the support that they gave."

One client reports: "We couldn't be happier with the service we have with them," adding that "it's a really good team that gets into the details."

Work highlights Successfully defended Goldman Sachs International against a USD1.2 billion claim brought by the Libyan Investment Authority (LIA) in relation to the LIA's entry into a series of derivatives trades before the financial crisis. The suit alleges undue influence and unconscionable bargain, and claims repayment of monies following a decrease in the value of the investments.

Represented Credit Suisse International to successfully defend a USD450 million High Court claim brought by companies controlled by a Georgian oligarch whose interest in an oil field in Azerbaijan was sold by the bank under a power of forced sale following the expiry of a loan facility.

Significant clients Lloyds Banking Group, RBS, Watchstone Group, UBS, BNP Paribas.

Notable practitioners

Practice head Damien Byrne Hill is hailed for his "pure quality" in banking litigation matters, enjoying a glowing reputation as a go-to practitioner for high-profile and high-value cases. He garners accolades for his "very savvy" approach, with his clients also commending his strategic outlook.

Simon Clarke offers great experience in litigation and has specialist knowledge in complex financial services and banking matters. He advises on a wide range of issues, including product mis-selling cases, derivatives disputes, investigations and wider civil claims and regulatory work. Clients say: "Simon is very smart, incredibly hard-working and client-focused."

Rupert Lewis has garnered a strong reputation in the market through his impressive track record in a number of significant cases. Recent activity includes defending Société Générale against claims brought by the Libyan Investment Authority seeking rescission and repayment of premiums over trades entered into before the financial crisis.

Harry Edwards is labelled "a star in the making" by market sources, who reveal that "he works very hard and provides really inventive and thoughtful input on cases." He acts for a number of major investment and commercial banks in a wide array of complex contentious work.

About the Team (content provided by Herbert Smith Freehills)

The banking and wider financial and wider financial services sectors are increasingly dominating the global disputes landscape in terms of frequency, complexity and size. Courts and other legal bodies around the world continue to be inundated with large and complicated claims against financial institutions by shareholders, investors, customers, joint venture partners and a range of other stakeholders.

Our banking litigation practice is broad and multi-dimensional, drawing on our specialist practice areas of financial services regulation, corporate crime and investigations, public law, contentious insurance, arbitration, advocacy, defamation and tax - which together enable us to provide a truly unique and banking disputes offering.

Our reputation is such that our regular client base of the largest national and international banking groups come to us with their 'bet-the-company' litigation additionally our national reach means that we are often instructed to adopt the role of coordinator for complex, cross-jurisdictional matters. This reflects our standing in the market as a firm which has always specialised in large scale litigation, as our continuing ranking as a Tier 1 firm in the Chambers UK 'Litigation Elite' category demonstrates, together with unique banking litigation matters such as class actions against RBS and Lloyds, and the defence of two $1bn + claims against Société Generale and Goldman Sachs (representing a combined claim value of £7 billion)

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Hogan Lovells - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 9 partners
- 24 other qualified lawyers

What the team is known for Provides robust representation in multi-jurisdictional disputes in both the contentious regulatory and banking litigation arenas, with notable experience in the Financial List. Offers supporting expertise in fraud, insolvency and consumer finance issues, as well as a highly integrated global network. Clients include a multitude of leading banks and financial institutions across a broad spectrum of industry sectors.

Strengths Sources report: "They have real strength in depth, they're very well organised, and also very friendly and down-to-earth."

"The partners and associates are always available, often at short notice when urgent issues arise, and provide a seamless service," clients say.

Work highlights Acted for FBME Bank to successfully have default judgments against the bank set aside, following its designation as an entity of primary money laundering concern by US regulators and subsequent attempts by depositors to recover funds.

Significant clients Bank of America Merrill Lynch, BlackRock, BNP Paribas, Crédit Agricole, EBRD.

Notable practitioners

Philip Parish has considerable expertise in disputes concerning derivatives and complex financial products, including mismanagement and mis-selling claims. Clients say: "He is solutions-focused, calm under pressure and collegiate."

Louise Lamb is an expert in anti-money laundering and sanctions matters. Her broad litigation practice also includes expertise in defending group actions, retail banking and consumer finance disputes and fraudulent misrepresentation claims, among others.

Rising star John Tillman is described as "one to watch" by those in the market, who recognise his impressive talents in litigating distressed or default situations and security disputes. Sources further highlight his "very impressive intellect" and "very strategic" insights.

About the Team (content provided by Hogan Lovells)

Department profile not yet provided by Hogan Lovells. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Jones Day - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 12 partners
- 25 other qualified lawyers

What the team is known for Calls upon a strong international platform to advise on complex, multi-jurisdictional litigation and investigatory work. Instructed by a number of major banks, investment funds and corporate clients to handle high-value disputes.

Strengths Sources report: "They're very knowledgeable and provide strategic advice."

Interviewees add: "They're creative and incredibly hard-working."

Work highlights Acted for the joint liquidators of Angel Group to bring fraud claims against a former director and shareholder alleging the misappropriation of a foreign asset.

Advised Alpha Bank London in connection with a dispute between two family factions over the control and entitlement to funds held in a joint account following death of one account holder and the alleged removal of another through forgery.

Significant clients Goldman Sachs, Bank of America Merrill Lynch, Evans Randall, Bridge Capital Management, Alfa Finance Holdings.

Notable practitioners

Sion Richards is a key contact.

About the Team (content provided by Jones Day)

Department profile not yet provided by Jones Day. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Latham & Watkins - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 8 partners
- 11 other qualified lawyers

What the team is known for Strong international capability in relation to complex, high-value banking disputes, including those featuring parallel proceedings in other jurisdictions. Calls upon wider skills in the firm's international arbitration, public international law and fraud practices to offer a well-rounded service.

Work highlights Retained by ABN AMRO Bank and its subsidiaries to handle multiple international proceedings to recoup losses arising out of the USD65 billion Madoff fraud.

Continued to act for Samba Financial Group to defend claims brought by the liquidators of Saad Investments in connection with USD450 million trust assets alleged to have been transferred to Samba. The firm recently handled an appeal over the grant of a stay in English proceedings in favour of Saudi Arabian courts.

Significant clients EFAD Real Estate, Quilvest Finance, Deutsche Bank, SNS Global Custody, Bank Julius Baer.

Notable practitioners

Jon Holland joined the firm from Hogan Lovells in February 2018. He is regarded as a leading authority in landmark banking disputes, with highly prized skills in complex litigation proceedings, money laundering work and sanctions matters. A commentator says: "I was really impressed with Jon Holland, he is undoubtedly a class guy. He is smart, personable, good technically and very pleasant."

Andrea Monks recently joined the firm, having previously worked at Hogan Lovells. She is described as "very energetic and responsive to her clients' needs" by interviewees, who also describe her as "a delight to work with." She is engaged by clients for her strengths in asset and trade finance disputes, capital markets work and mis-selling claims.

About the Team (content provided by Latham & Watkins)

Department profile not yet provided by Latham & Watkins. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Linklaters - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 22 partners
- 99 other qualified lawyers

What the team is known for Market-leading team of highly accomplished individuals handling some of the most significant cases in the financial industry. Especially noted for its appearances in major banking litigation stemming from insolvencies, as well as disputes concerning derivatives and structured financial products. Leverages its impressive global platform to advise on international and multi-jurisdictional disputes.

Strengths Clients say: "In addition to the excellent quality of advice, the one outstanding quality of Linklaters is its ability to operate seamlessly across its international network, which has served us extremely well."

Sources add: "They are very meticulous and have a strong technical and intellectual ability."

Work highlights Acted for BayernLB to handle claims brought against Bernie Ecclestone in the Commercial Court, concerning allegations of bribery of a BayernLB director by Mr Ecclestone in connection with the sale of BayernLB's stake in Formula 1.

Continued to advise PwC, in its capacity as joint administrator of Lehman Brothers International, on the Waterfall applications concerning creditors' entitlements in respect of surplus in the company's estate.

Significant clients RBS, Grant Thornton, The Bank of New York Mellon, Goldman Sachs, UBS.

Notable practitioners

The "brilliant" Christa Band is a leading commercial litigator, specialising in high-stakes banking and financial services cases. Her expertise covers regulatory investigations, crisis management and enforcement proceedings, alongside parallel civil and criminal matters. Sources consider her "top of the tree" in banking litigation work and point out her strategic skills as a notable strength.

Andrew Hughes is an expert in commercial dispute resolution, with skills in fraud and regulatory investigations, select committee inquiries and banking disputes. A client says: "He combines one of the biggest brains with a fun personality. I always feel safe when he's on board."

Patrick Robinson has "a mighty intellect, possesses swiftness of mind and, in the midst of complexity, has the ability to identify what is essential," according to impressed clients. He maintains a broad banking and financial services practice, with expert knowledge of derivatives and structured products disputes, as well as fund and private equity matters.

About the Team (content provided by Linklaters)

Department profile not yet provided by Linklaters. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Mayer Brown International LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 11 partners
- 19 other qualified lawyers

What the team is known for Pronounced ability in relation to multi-jurisdictional disputes, in which area it is able to draw on an extensive global network across Europe, Asia and the USA. Noted expertise in handling professional negligence litigation and cases concerning complex financial products, with particular strength in disputes concerning residential and commercial mortgage-backed securities.

Strengths Clients say: "They are well co-ordinated and very good at working with their other offices in the US and in the Asia-Pacific region to provide support where it's needed."

One source notes: "They are an impressive team with in-depth, high-level expertise in financial and derivative litigation."

Work highlights Acted for UBS to handle the appeal of a judgment which refused to allow the bank to enforce various structured finance transactions entered into with Kommunale Wasserwerke Leipzig.

Represented HSBC Holdings to bring breach of contract claims against two brokers based in Qatar, in connection with orders for the sale of equities.

Significant clients Standard Bank, Citi, Abbey Life, Wells Fargo, Principal Global Investors.

Notable practitioners

Ian McDonald handles high-value, cross-border disputes concerning derivatives, structured finance transactions and loan structures. His expertise covers allegations of mis-selling, misconduct and fraud, among others. Clients say: "Ian combines good legal knowledge with an ability to understand what a client wants."

David Allen is characterised as "very pragmatic and practical" by clients, who highly rate his "tactical approach which mitigates the risk of a dispute escalating." His practice incorporates contentious banking and insolvency work.

Susan Rosser has a wide-ranging practice which encompasses litigation concerning asset management and investment issues, complex financial products and regulatory matters. Sources describe her as "technically very strong" and "an incredibly hard worker."

About the Team (content provided by Mayer Brown International LLP)

Department profile not yet provided by Mayer Brown International LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Mishcon de Reya LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 8 partners
- 16 other qualified lawyers

What the team is known for Finance and banking disputes group focusing on complex litigation and arbitration, as well as regulatory matters. Offers notable expertise in relation to private equity and hedge fund matters, alongside its wider broad investor and financial institutions' client base.

Strengths Clients say: "They are focused and hard-working. They've got the legal position covered and also appreciate the commercial context."

Work highlights Acted for Fomento de Construcciones y Contratas to defend proceedings brought by its creditors in connection with alleged breaches of EUR450 million unsecured notes issued by the company.

Retained by Julia Davey to bring claims against the former joint administrators of Angel House Developments, alleging breaches of duty in connection with the undervalued sale of a commercial property in Canary Wharf.

Significant clients Terra Firma Capital Partners, American Express, Investec, BAE Systems, Al Mirqab Capital.

Notable practitioners

Masoud Zabeti is a key contact.

About the Team (content provided by Mishcon de Reya LLP)

Our lawyers are not merely external advisers to our clients, but form a core part of their business, proactively working with them to analyse risks, protect assets, resolve disputes and therefore build their businesses.

We are known for our low levels of conflict. We act for all sides of the industry, from banks and other financial institutions, to corporate borrowers and investors. We are able to draw on the expertise of specialists across banking and debt finance, investment funds, regulatory, and insolvency and recovery.

Our matters are often high value and involve a number of international jurisdictions. Our particular strength is in the swift resolution of highly sensitive disputes. We view litigation as one part of the overall strategy we devise for clients to achieve their commercial objectives and offer clients a significant return on investment. When we litigate, we adopt a forceful approach and pride ourselves on our record of success.

Services

  • Disputes arising from complex investment products/vehicles and funds
  • Domestic and overseas financial regulation
  • Disputes and restructurings arising from alleged breaches of covenant under facility agreements relating to property and corporate acquisition finance
  • Disputes between asset based lenders and their customers
  • Disputes arising out of hedging and derivative contracts
  • Trade finance disputes
  • Insurance, including travel, PPI, income protection and legal expenses
  • Fraud, asset tracing and recovery and AML

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Norton Rose Fulbright - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 36 partners
- 105 other qualified lawyers

What the team is known for Regularly instructed by a number of leading institutions in the retail, corporate and investment banking spaces. Offers strong technical expertise with respect to derivatives and securitisation disputes, commodities issues and Islamic finance litigation. Also highly adept in handling regulatory investigations and enforcement.

Work highlights Acted for The Law Debenture Trust to bring a USD3 billion claim against Ukraine on behalf of noteholders, seeking to enforce the payment of notes issued by Ukraine which it failed to repay upon maturity.

Retained by ExxonMobil Financial Services (EMFS) to handle a repurchase agreement valuation dispute with Lehman Brothers International Europe (LBIE), where LBIE challenged the basis on which EMFS valued the positions between the parties under the Global Master Repurchase Agreement following LBIE's default.

Significant clients BNP Paribas, Citi, Standard Chartered Bank, The Bank of New York Mellon, Santander.

Notable practitioners

Lista Cannon brings a wealth of experience and specialist knowledge to cross-border banking litigation. Her wide-ranging practice covers commercial litigation, issues of sovereign immunity, enforcement proceedings and transnational regulatory investigations. She serves as global co-head of the firm's regulation and investigations practice.

Paul Morris applies his considerable banking litigation expertise to a wide range of structured product disputes and derivatives issues, with sources lauding his ability to "make the big calls in high-stakes litigation." His clients include corporate trustees, issuers, agents and other parties involved in debt capital markets transactions.

Michael Godden is described as "a very forensic lawyer and a very original thinker" by interviewees. He handles a range of wholesale, commercial and retail banking disputes, alongside strengths in international civil fraud, asset tracing and regulatory enforcement matters.

About the Team (content provided by Norton Rose Fulbright)

Department profile not yet provided by Norton Rose Fulbright. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Quinn Emanuel Urquhart & Sullivan, LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 19 partners
- 35 other qualified lawyers

What the team is known for Leading conflict-free group housing a highly talented bench of practitioners with deep experience in claims against banks and financial institutions. Its comprehensive skill set includes significant strengths in lender-liability actions, loan fraud matters and suits by loan participants, alongside noted expertise in relation to structured finance disputes. Strong links between its US offices and the team in London, with further capability with regard to arbitral proceedings.

Strengths Sources report: "Their lawyers know the cases inside out and are always on top of the detail. They provide a fantastic litigation service and very sensible commercial advice."

Sources laud the strengths of this "top-tier claimant firm," commending its practitioners as "litigators through and through."

Work highlights Acted for Fairhold Securitisation to seek rescission of Libor-referenced swap contracts entered into with HBOS-Lloyds and UBS, alleging fraudulent representations as to the honesty and validity of the Libor benchmark.

Retained by Amatra Leveraged Feeder Holdings, Ajial Leveraged Feeder Holdings and Ghazi Abbar to defend a claim brought against them by Citigroup Global Markets for declarations of non-liability, in connection with two accreting strike call options sold to the defendants and terminated following the 2008 financial crisis.

Significant clients Legal & General, Universities Superannuation Scheme, Anchorage Capital Investment Management, UniCredit, Oak.

Notable practitioners

Sue Prevezer QC is characterised as "a formidable opponent" by her fellow practitioners, who offer high praise for her "impressive and genuinely creative legal arguments." She chairs the firm's international trial practice, offering a wealth of experience in high-stakes litigation challenges and international arbitration matters.

Richard East comes highly recommended for his "phenomenal client coverage skills" and his "very hard-working" manner. He frequently acts for clients in banking, restructuring and wider commercial litigation matters. He also serves as co-managing partner of the firm's London office.

Robert Hickmott is "an effective litigator with a huge amount of experience," according to appreciative clients. His practice incorporates representing corporate stakeholders and high net worth individuals in both defending and bringing claims in financial litigation.

Matthew Bunting receives plaudits for his "first-rate advice, both commercially and legally." His practice comprises domestic and international litigation, particularly concerning serious corporate fraud.

About the Team (content provided by Quinn Emanuel Urquhart & Sullivan, LLP)

Department profile not yet provided by Quinn Emanuel Urquhart & Sullivan, LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Reed Smith LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 10 partners
- 19 other qualified lawyers

What the team is known for Demonstrates solid strengths in banking disputes, regularly acting for a range of major financial institutions in litigation concerning complex financial products. Offers particular expertise in disputes over commercial mortgage-backed securities, collateralised loan obligations and credit default swaps.

Strengths Clients appreciate the firm's "high-quality" practitioners and its "strength in depth."

Work highlights Acted for ICICI Bank to bring claims against three Indian subsidiary companies of the GVK group, seeking to prevent GVK from acting in breach of a USD1 billion facility agreement.

Acted for Barclays Bank to secure a USD40 million judgment against Svizera and parent company Maneesh, following claims for sums outstanding under a facility agreement and defending counterclaims alleging misrepresentations and breaches of advisory duty.

Significant clients Alliance Bank, J.P. Morgan, CMC Markets, Deco, Santander.

Notable practitioners

Interviewees characterise Nicholas Brocklesby as "extremely user-friendly, thorough and hard-working" and commend his ability to "get to the heart of a matter quickly." He handles complex litigation work for a broad range of financial institutions, including private equity houses, investment banks and hedge fund managers.

About the Team (content provided by Reed Smith LLP)

Department profile not yet provided by Reed Smith LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


RPC - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 12 partners
- 28 other qualified lawyers

What the team is known for Enjoys a prominent reputation for the quality of its representation of individuals, investors and other claimants to bring cases against major banks and financial institutions. Offers a wide range of expertise in relation to fraud, structured financial products and loan facilities, with particular strength in litigation arising from restructuring and insolvencies. Also draws upon deep resources and expertise in supporting practice areas, including in its tax, competition and regulatory teams.

Strengths Interviewees say: "They are able to take big-ticket litigation in their stride, have an excellent work ethic and seem to thrive on the strategic aspects of litigation."

Clients report: "They are very thorough and hard-working. The team is open-minded in its engagement with clients, with the result that the relationship is more collaborative and more effective."

Work highlights Acted for Taberna Europe, in its capacity as the issuer of a number of classes of floating rate notes, to defend a EUR950 million claim brought by noteholder Barclays Bank. The suit alleges that an event of default arose under the terms of the notes following the issuer's entry into certain swap arrangements.

Advised Kaupthing on English law aspects of its multimillion-pound claims against Goldman Sachs and Morgan Stanley, concerning their involvement in alleged self-referencing credit default swaps through a Tchenguiz trust entity.

Significant clients Bank St Petersburg, EY, Petrobras, Pyrrho Investments, Lancashire County Cricket Club.

Notable practitioners

Tom Hibbert earns acclaim for his "excellent blend of commerciality and tactical sense." His expertise resides in investment banking litigation, with particular strengths in capital markets disputes, fund management matters and disputes arising from insolvencies and restructurings. He is the firm's global head of commercial disputes, and also leads the banking and financial litigation team.

Simon Hart has a strong litigation practice which covers cross-border banking and restructuring disputes, financial markets litigation and corporate investigations. Sources report: "Simon is calm, confident and assured. He's an adept lawyer and a team player."

The "very bright" Andrew McGregor receives plaudits for his "excellent judgement" in banking litigation work. He regularly acts for institutional investors, including leading hedge funds, corporates and high net worth individuals, in structured finance and derivatives disputes.

About the Team (content provided by RPC)

Banking and finance litigation is one of RPC's core areas of strength and we are one of the leading conflict-free banking litigation practices in London.  The majority of our work is international in nature. 

We specialise in claims in the investment banking and fund management arena, particularly the capital markets - from corporate bonds through hybrid products, from complex structured investment products through to disputes on loan facilities and in relation to fraud.  We are often involved in litigation arising from insolvencies and restructurings.  

We can, and regularly do, act against the large investment banks.  We remain one of the few City firms able to act for parties such as continental banks, pension funds, hedge funds, other asset managers and the investment vehicles of high net worth individuals against investment banks. We can also act "off-panel" in disputes between banks where one party's usual panel firms are not able to do so.

Our team, led by Tom Hibbert, has grown rapidly over recent years to number 50+ across our London and Asian offices.  Our London partner group was recently strengthened by the return of Jonathan Cary from Hong Kong in August 2017 and the promotion of Chris Ross to partner in May 2017.  Jonathan Crompton also recently joined RPC in Hong Kong.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Signature Litigation LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 10 partners
- 17 other qualified lawyers

What the team is known for Prominent dispute resolution boutique with a strong record acting on behalf of claimants against major banks and financial institutions in complex litigation matters. Adept in multi-jurisdictional disputes, including expertise in matters concerning Bermuda, the British Virgin Islands, Guernsey and Singapore. Well known for its representation of oligarchs and other high net worth individuals.

Strengths Interviewees say: "They are a niche litigation firm with an astonishing range of capabilities."

Clients add: "They're very focused on the client and do whatever is necessary at any time to meet the client's objectives."

Work highlights Acted for Desiman to bring a £30 million claim against Bank of Scotland, HBOS Treasury Services and Lloyds Bank over losses incurred due to alleged mis-selling of Libor-referenced interest swaps.

Continued to act for a lead group of RBS shareholders to bring claims against RBS in connection with its failed rights issue in 2008.

Notable practitioners

Founding partner Graham Huntley is regarded as one of the most accomplished banking litigators in the field, with decades of experience in shareholder disputes, warranty claims and regulatory matters. Sources report: "He's an impressive figurehead litigator with the experience and reputation necessary for success. He is a very calm presence and is supremely able to focus on the issues that really matter."

About the Team (content provided by Signature Litigation LLP)

The department is built around experienced practitioners who have worked on both sides of disputes in the banking and financial markets. In addition to acting for banks, funds, wealth managers, private equity funds and other financial institutions, the department has also acted for high net worth individuals and claimant groups bringing claims against some of those entities and individuals. 

As a consequence, the department has both the benefit of wide experience of banking disputes and the ability to act on both sides, arising from its conflict free platform. 

In recent cases, the department has acted in some very high profile and ground breaking cases against financial institutions, taking advantage of relatively untested consumer protection legislation, as well as in multijurisdictional disputes against global banks arising out of large and complex investment mandates.  In addition, the department continues to act for institutions and individuals handling a variety of regulatory issues. 

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Simmons & Simmons LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 13 partners
- 31 other qualified lawyers

What the team is known for Well-integrated group of experts representing major clients in the space in relation to litigation, contentious regulatory and financial crime issues. Offers particular skills in the asset management sector, with expertise in contentious risk work for hedge funds and institutional managers. Its wider client base includes a broad range of investment banks, retail banks and private wealth organisations.

Strengths "They did a good job of keeping a firm eye on the big picture, while also capturing all the detail. They delivered a fabulous service," notes one interviewee.

Sources add: "It's a well-run, fleet-footed offering with a high level of technical expertise and a client-friendly approach."

Work highlights Acted for RBS to defend EUR220 million claim concerning a disputed derivative, arising out of the Marme Investments litigation over the purchase and leaseback of Santander's Madrid headquarters.

Acted for Handelsbanken to defend Chancery Court proceedings brought by a group of property investment customers in connection with the alleged mis-selling of interest rate hedging products.

Significant clients The Bank of New York Mellon, Kaupthing Bank, Julius Baer, Deutsche Bank, BlueCrest Capital Management.

Notable practitioners

The "unflappable" Robert Turner is highly esteemed for his "excellent judgement" and his ability to "keep his head when everyone around him has lost theirs." He offers specialist skills in hedge fund and asset management matters, alongside experience in products disputes, derivatives litigation and regulatory matters.

Richard Bunce offers well-honed skills in financial markets disputes, including notable strengths in international litigation. Areas of expertise include wholesale banking issues, distressed debt trading matters and corporate investigations.

About the Team (content provided by Simmons & Simmons LLP)

Department profile not yet provided by Simmons & Simmons LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Slaughter and May - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 12 partners
- 51 other qualified lawyers

What the team is known for Draws from a strong bench of distinguished sector experts to handle a full range of disputes in the banking industry, alongside considerable strengths in global regulatory investigations. Regularly instructed by major institutions in the retail, corporate and investment banking sectors. Noted capability in the related areas of corporate crime and insolvency.

Strengths Sources say: "They are smart and talented lawyers who think of the client first and provide expert legal advice."

Clients add: "They're really good on the substantive issues, but are also practical and have a good common-sense approach."

Work highlights Advised Banco Santander Totta to bring a successful EUR1.3 billion claim against multiple public Portuguese companies to enforce previously agreed interest rate swap contracts.

Significant clients Deutsche Bank, Gain Capital Group, Dexia Crediop, Mercuria Energy Europe Trading.

Notable practitioners

The "hugely experienced" Deborah Finkler is respected by fellow practitioners as "a tough negotiator and a forceful advocate." She is regularly called upon for her in-depth expertise in complex corporate recovery work, insolvency matters and multi-jurisdictional investigations. She leads the firm's dispute resolution group.

Ewan Brown has a wide-ranging banking litigation and investigations practice, where he regularly acts for major banks and financial institutions. His wider practice also incorporates strengths in tax appeals, corporate crime issues, shareholder disputes and competition claims.

About the Team (content provided by Slaughter and May)

Department profile not yet provided by Slaughter and May. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Stephenson Harwood LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 14 partners
- 31 other qualified lawyers

What the team is known for Internationally capable group of finance litigators with extensive experience handling a diverse range of issues within the industry. Frequently called on by investment companies, hedge funds, sovereign wealth funds and global banks to handle significant disputes. Also draws from wider resources in its financial services and regulatory practice to offer a comprehensive financial litigation platform.

Strengths Sources report: "They provide excellent dedication and performance at all levels and at all stages of litigation."

Clients add: "They are able to provide practical advice and are very aware of the business issues."

Work highlights Acted for IBRC Asset Finance to defend a GBP500 million claim brought by Guernsey hotel company JJW, alleging the breach of a facility agreement between the defendant and Berners for the development of the Berners Hotel in London.

Secured an USD18 million judgment for Euro-Asian Oil following fraud claims against Credit Suisse, another defendant oil trader and its beneficial owner.

Significant clients Natixis, Bank of America Merrill Lynch, Law Debenture Trust, Libyan Investment Authority, HSBC.

Notable practitioners

John Fordham commands respect for his outstanding track record in complex banking litigation matters, with clients benefiting from his four decades of experience in the field. His broad practice covers a full range of banking, funds, fraud and regulatory disputes, alongside expertise in investigatory matters.

The "excellent" Sue Millar co-heads the firm's banking and finance litigation group. She frequently assists clients with commercial and investment banking disputes, as part of her broad commercial litigation practice.

Edward Davis is characterised as "very knowledgeable and very easy to work with" by interviewees. His clients include a number of household names in the financial industry, who call upon him for his skills in major litigation and asset recovery claims.

About the Team (content provided by Stephenson Harwood LLP)

Featuring leading litigation lawyers, our team deals with many of the largest disputes of the day. We have the skills and experience to assist you with disputes involving the full range of financial products and structures including:

  • securitisations
  • CDOs
  • ABCP
  • swaps and derivatives
  • TEPs, TIPPs, GDRs and ADRs
  • Islamic finance structures
  • loan notes, promissory notes and bonds.

We advise clients on private and retail banking disputes; investment banking and structured finance disputes; trade finance disputes (including letters of credit, performance bonds, guarantees and bills of exchange); recovery strategies; asset finance disputes; and fraud and asset tracing matters.

We act for, and against, banks and other financial institutions; hedge funds, closed end funds, and other funds; corporates; insolvency practitioners; and individuals.

Our highly regarded financial regulatory and sanctions team represents institutions and individuals in a variety of investigations, with a particularly wide experience of advising on LIBOR and FX related investigations and sanctions issues.

We have litigators that can help you solve finance related disputes in High Court cases and arbitrations, as well as banking litigators in France, Dubai, Hong Kong and Singapore.



No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Stewarts - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 11 partners
- 23 other qualified lawyers

What the team is known for Leading conflict-free litigation boutique with extensive experience acting in major disputes against banks and financial institutions. Its client base includes a number of leading financial institutions, corporations and high net worth individuals. Offers further complementary expertise in civil fraud, especially as it relates to complex financial products.

Strengths Clients report: "It is a very professional firm with an excellent eye for a client's needs and requirements."

One interviewee says: "I really like working with them. Across the board, they are universally really nice to deal with but they are also clever people."

Work highlights Retained by bond purchasers Fortress Investment Group and Cyrus Capital Partners and bond issuer Golden Belt Sukuk 1 Company in litigation against BNP Paribas concerning a USD650 million Islamic finance bond. The plaintiffs alleged the bank failed in its duty of care to arrange an enforceable bond.

Acted for multiple claimants, including Deutsche Apotheker- und Ärztebank, DZ Bank and Uniqa Capital Management, to bring claims against Standard & Poor's and arranging bank RBS alleging the negligent and fraudulent rating and marketing of a financial product.

Significant clients Stichting Ratings Redress, Kaupthing Bank, Chesterfield United, LBI, Sakthi Auto Component.

Notable practitioners

Sean Upson is frequently called upon for his skills in banking, insolvency and trade law litigation, alongside in-depth expertise in civil fraud matters. Sources report: "He just has great judgement and great instincts, and he's a very even-tempered person."

The vastly experienced Clive Zietman garners accolades for his "big-picture view" and his "robust" approach to banking litigation. His client roster includes a wide variety of financial institutions and multinational corporations and companies.

About the Team (content provided by Stewarts)

We are widely recognised as the “go to” law firm for litigation against the major banks. The firm’s expertise has been acknowledged by the directories, and cases in which the firm acts are regularly reported in the press.Our banking lawyers have a successful record in some of the highest profile and most complex banking disputes. Our banking litigation expertise encompasses acting in cases involving, and advising on, numerous banking instruments and facilities.Our clients are UK and overseas listed companies and multi-nationals, hedge funds, and other smaller financial institutions, professionals and high net worth individuals.

Some recent cases include:

  • A settlement for a large number of institutional investors in a group litigation claim against RBS relating to its rights issue of April 2008. RBS agreed to pay up to £800m to various shareholder groups. Our team represented more than 300 institutional investors in the litigation.
  • ​€52m landmark judgment on behalf of a group of city bankers against Commerzbank over unpaid bonuses.
  • A settlement for private Irish investors against a well known American investment bank following a $20m bond sale.
  • Acting for the liquidators of Chesterfield in relation to a loan from Kaupthing Bank hf to Chesterfield used to buy $500m of Credit Linked Notes.
  • Acting in a major group claim in the Commercial Court in London against Barclays Partner Finance.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Taylor Wessing LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 13 partners
- 29 other qualified lawyers

What the team is known for Well versed in complex disputes concerning derivatives, structured products and CDOs. Additional expertise in litigation arising from allegations of financial mis-selling and financial fraud. Its clients include corporations, banks, wider financial institutions and senior executives.

Strengths Interviewees reveal: "They provide good analysis and a sound approach, as well as good trial management."

Work highlights Defended Arundel Group, the placement agent for loan notes issued by European Care Group (ECG) in a USD12 million claim brought by Mavuli. The case concerned losses incurred on investments made in those loan notes following ECG's entry into administration.

Defended Tempo against multiple criminal actions brought by Italian prosecutors concerning alleged beaches of client identification requirements in international payment transfers.

Significant clients HSH Nordbank, Visa, State Bank of India, Deutsche Postbank, Barclays.

Notable practitioners

Shane Gleghorn is called upon by clients for his skills in banking litigation and investigations, where he advises both corporate clients and financial institutions. He also offers expertise in arbitrations.

About the Team (content provided by Taylor Wessing LLP)

Department profile not yet provided by Taylor Wessing LLP. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Travers Smith LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 7 partners
- 2 senior counsel
- 20 associates

What the team is known for Significant capability with respect to industry-wide regulatory investigations and litigation stemming from major insolvencies. Limited number of conflicts, allowing the team to act both on behalf of banks and against them. Also able to draw from significant wider strengths in finance, corporate recovery and financial services departments.

Strengths "They are user-friendly, very responsive, and they have been brilliant to deal with," sources say.

Interviewees report: "They're a very high-quality operation with extremely good lawyers."

Work highlights Acted for Johannes Johannsson, a former member of Kaupthing's winding-up committee, to defend proceedings commenced by Vincent and Robert Tchenguiz and related companies concerning work undertaken to recover assets from the Tchenguiz brothers following the bank's insolvency.

Retained by Lehman Brothers International Europe to handle a dispute with ExxonMobil concerning a securities repurchase agreement and the proper valuation of an equity and bond portfolio.

Significant clients Parvalorem, Taberna Europe Capital Management, Sebastian Holdings, Bank of England.

Notable practitioners

"Formidable litigator" Stephen Paget-Brown leads the firm's dispute resolution department and frequently advises on both domestic and cross-border litigation mandates in the financial industries sector. Sources report: "He has very sound judgement and he's just an excellent leader of a team."

Robert Fell draws praise for his "client-oriented" manner and his "quick turnaround time." His broad practice includes a range of financial services and financial institutions litigation, alongside expertise in disciplinary proceedings and regulatory investigations.

Andrew King's "huge experience" in the sector is applauded by clients, who also describe him as "very devoted" to their needs. His wide commercial litigation practice includes solid strengths in banking and insolvency disputes.

Toby Robinson offers skills in regulatory matters and complex financial institutions litigation. Clients describe him as "clever, energetic and a pleasure to work with."

About the Team (content provided by Travers Smith LLP)

Please visit the Travers Smith website for more information about our work in this category: https://www.traverssmith.com/practice-areas/dispute-resolution/banking-disputes/

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


White & Case LLP - Banking Litigation Department

-

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 16 partners
- 4 counsel
- 68 associates

What the team is known for Highly regarded for its representation of investment banks, especially with regard to financial products litigation, regulatory issues and restructuring matters. Also enjoys a growing reputation in financial crime work.

Work highlights Acted alongside its global offices to advise Deutsche Bank on investigations by multiple regulators into potential failings in anti-money laundering and related systems and controls.

Advised VTB Capital to defend against allegations that the bank conspired to sell shares over which it held security at an undervalue, thereby causing loss to the indirect shareholders of the shares.

Significant clientsÇukurova Holding, Oi, Grupo Bom Jesus, Deutsche Bank.

Notable practitioners

John Reynolds leads the firm's banking litigation practice and offers deep expertise in litigation and arbitration concerning finance, investments and banking. His practice also incorporates offshore disputes, with experience in matters concerning the USA, Nigeria and the Eastern Caribbean.

About the Team (content provided by White & Case LLP)

To learn more about our practice, please visit: whitecase.com/law

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Star Individuals

Freshfields Bruckhaus Deringer LLP

From the Chambers UK guide

Star litigator Ian Taylor brings vast experience and gravitas to financial services disputes, investigations and contentious regulatory matters, in which he acts for leading investment and retail banks. Sources report: "He has an unbelievable ability to bring absolute order to chaos, and he's got an incredibly strategic brain as well."

^ See whole ranking table

Band 1

Linklaters

From the Chambers UK guide

The "brilliant" Christa Band is a leading commercial litigator, specialising in high-stakes banking and financial services cases. Her expertise covers regulatory investigations, crisis management and enforcement proceedings, alongside parallel civil and criminal matters. Sources consider her "top of the tree" in banking litigation work and point out her strategic skills as a notable strength.

^ See whole ranking table

Band 1

Damien Byrne Hill

Herbert Smith Freehills

From the Chambers UK guide

Practice head Damien Byrne Hill is hailed for his "pure quality" in banking litigation matters, enjoying a glowing reputation as a go-to practitioner for high-profile and high-value cases. He garners accolades for his "very savvy" approach, with his clients also commending his strategic outlook.

^ See whole ranking table

Band 1

Clifford Chance LLP

From the Chambers UK guide

The "phenomenal" Simon Davis brings over three decades of experience to bear for clients in high-profile disputes work, offering outstanding strengths in international litigation and investigations. Clients say: "He's a very impressive and extremely bright guy. He's able to see the big picture and also retain the detail." He leads the commercial litigation group in the London office.

^ See whole ranking table

Band 1

Slaughter and May

From the Chambers UK guide

The "hugely experienced" Deborah Finkler is respected by fellow practitioners as "a tough negotiator and a forceful advocate." She is regularly called upon for her in-depth expertise in complex corporate recovery work, insolvency matters and multi-jurisdictional investigations. She leads the firm's dispute resolution group.

^ See whole ranking table

Band 1

Stephenson Harwood LLP

From the Chambers UK guide

John Fordham commands respect for his outstanding track record in complex banking litigation matters, with clients benefiting from his four decades of experience in the field. His broad practice covers a full range of banking, funds, fraud and regulatory disputes, alongside expertise in investigatory matters.

^ See whole ranking table

Band 1

Boies Schiller Flexner (UK) LLP

From the Chambers UK guide

Natasha Harrison of Boies Schiller Flexner (UK) LLP brings significant experience in high-profile banking disputes, where she acts on behalf of a range of investment banks, hedge funds and other financial institutions. Interviewees hail her "undoubted quality" in the sector, saying: "She provides clear, practical and commercial advice, and knows the field inside out."

^ See whole ranking table

Band 1

Freshfields Bruckhaus Deringer LLP

From the Chambers UK guide

Andrew Hart is a leading figure in the market, offering significant trial experience in a broad range of complex, big-ticket disputes and cross-border matters. Interviewees cite his "proactive, commercial and responsive" approach as a key asset.

^ See whole ranking table

Band 1

RPC

From the Chambers UK guide

Tom Hibbert earns acclaim for his "excellent blend of commerciality and tactical sense." His expertise resides in investment banking litigation, with particular strengths in capital markets disputes, fund management matters and disputes arising from insolvencies and restructurings. He is the firm's global head of commercial disputes, and also leads the banking and financial litigation team.

^ See whole ranking table

Band 1

Latham & Watkins

From the Chambers UK guide

Jon Holland joined the firm from Hogan Lovells in February 2018. He is regarded as a leading authority in landmark banking disputes, with highly prized skills in complex litigation proceedings, money laundering work and sanctions matters. A commentator says: "I was really impressed with Jon Holland, he is undoubtedly a class guy. He is smart, personable, good technically and very pleasant."

^ See whole ranking table

Band 1

Signature Litigation LLP

From the Chambers UK guide

Founding partner Graham Huntley is regarded as one of the most accomplished banking litigators in the field, with decades of experience in shareholder disputes, warranty claims and regulatory matters. Sources report: "He's an impressive figurehead litigator with the experience and reputation necessary for success. He is a very calm presence and is supremely able to focus on the issues that really matter."

^ See whole ranking table

Band 1

Cleary Gottlieb Steen & Hamilton LLP

From the Chambers UK guide

"Class act" Jonathan Kelly has considerable expertise in a broad spectrum of banking and financial services disputes, alongside skills in antitrust and competition claims and issues of sovereign immunity. Interviewees describe him as "a real market leader," revealing: "He is great to work with because you know he's seen it all before."

^ See whole ranking table

Band 1

Clifford Chance LLP

From the Chambers UK guide

Ian Moulding is described as "tactically wise" by market sources, who commend his skills in complex banking litigation cases. He continues to advise a broad client base on a wide range of contentious matters, including mis-selling and Libor manipulation claims.

^ See whole ranking table

Band 1

Freshfields Bruckhaus Deringer LLP

From the Chambers UK guide

Commentators report that Simon Orton enjoys "a strong reputation" in the field, with his "astonishing capacity for detail" earning particular praise. His practice comprises high-value litigation, regulatory investigations and enforcement actions, and he heads the firm's financial institutions disputes group.

^ See whole ranking table

Band 1

Ashurst

From the Chambers UK guide

The "immensely experienced" Edward Sparrow has a wealth of litigation expertise and enjoys a market-leading reputation in the sector. He has specialist knowledge of complex financial services and banking litigation, as well as noted strengths in contentious regulatory matters.

^ See whole ranking table

Band 1

Robert D H Turner

Simmons & Simmons LLP

From the Chambers UK guide

The "unflappable" Robert Turner is highly esteemed for his "excellent judgement" and his ability to "keep his head when everyone around him has lost theirs." He offers specialist skills in hedge fund and asset management matters, alongside experience in products disputes, derivatives litigation and regulatory matters.

^ See whole ranking table

Band 2

Addleshaw Goddard LLP

From the Chambers UK guide

Michael Barnett is highly regarded for his expertise in banking disputes involving investment banks, derivatives and structured finance matters. Interviewees say: "He really knows what clients want, he's very responsive and he delivers."

^ See whole ranking table

Band 2

Clifford Chance LLP

From the Chambers UK guide

Clients of Roger Best offer high praise for his "excellent" capabilities in banking litigation work. His wider practice also comprises arbitrations, regulatory enforcement and alternative dispute resolution.

^ See whole ranking table

Band 2

Dentons

From the Chambers UK guide

The "very calm and sensible" Richard Caird receives plaudits for his "very sound judgement" in banking litigation cases, particularly in derivatives matters. He also acts for regulators and other public law entities in the sector.

^ See whole ranking table

Band 2

Norton Rose Fulbright

From the Chambers UK guide

Lista Cannon brings a wealth of experience and specialist knowledge to cross-border banking litigation. Her wide-ranging practice covers commercial litigation, issues of sovereign immunity, enforcement proceedings and transnational regulatory investigations. She serves as global co-head of the firm's regulation and investigations practice.

^ See whole ranking table

Band 2

Allen & Overy LLP

From the Chambers UK guide

Andrew Denny has expert knowledge of litigation arising from disputes over complex structured financial products. He regularly acts for leading investment banks in major cases, including appeals before the highest courts. Clients say: "Andrew provides clear, concise explanations of complex issues, and he can give strategic recommendations."

^ See whole ranking table

Band 2

Quinn Emanuel Urquhart & Sullivan, LLP

From the Chambers UK guide

Richard East comes highly recommended for his "phenomenal client coverage skills" and his "very hard-working" manner. He frequently acts for clients in banking, restructuring and wider commercial litigation matters. He also serves as co-managing partner of the firm's London office.

^ See whole ranking table

Band 2

Latham & Watkins

From the Chambers UK guide

Andrea Monks recently joined the firm, having previously worked at Hogan Lovells. She is described as "very energetic and responsive to her clients' needs" by interviewees, who also describe her as "a delight to work with." She is engaged by clients for her strengths in asset and trade finance disputes, capital markets work and mis-selling claims.

^ See whole ranking table

Band 2

Stephen Paget-Brown

Travers Smith LLP

From the Chambers UK guide

"Formidable litigator" Stephen Paget-Brown leads the firm's dispute resolution department and frequently advises on both domestic and cross-border litigation mandates in the financial industries sector. Sources report: "He has very sound judgement and he's just an excellent leader of a team."

^ See whole ranking table

Band 2

Hogan Lovells

From the Chambers UK guide

Philip Parish has considerable expertise in disputes concerning derivatives and complex financial products, including mismanagement and mis-selling claims. Clients say: "He is solutions-focused, calm under pressure and collegiate."

^ See whole ranking table

Band 2

Quinn Emanuel Urquhart & Sullivan, LLP

From the Chambers UK guide

Sue Prevezer QC is characterised as "a formidable opponent" by her fellow practitioners, who offer high praise for her "impressive and genuinely creative legal arguments." She chairs the firm's international trial practice, offering a wealth of experience in high-stakes litigation challenges and international arbitration matters.

^ See whole ranking table

Band 2

Cooke Young & Keidan LLP

From the Chambers UK guide

The "fantastic" Philip Young is described as "a bright and forceful" lawyer by market commentators, who highlight him as "a pleasure to work alongside." His practice incorporates banking, fraud and financial services litigation.

^ See whole ranking table

Band 3

Nicholas Brocklesby

Reed Smith LLP

From the Chambers UK guide

Interviewees characterise Nicholas Brocklesby as "extremely user-friendly, thorough and hard-working" and commend his ability to "get to the heart of a matter quickly." He handles complex litigation work for a broad range of financial institutions, including private equity houses, investment banks and hedge fund managers.

^ See whole ranking table

Band 3

Simmons & Simmons LLP

From the Chambers UK guide

Richard Bunce offers well-honed skills in financial markets disputes, including notable strengths in international litigation. Areas of expertise include wholesale banking issues, distressed debt trading matters and corporate investigations.

^ See whole ranking table

Band 3

Allen & Overy LLP

From the Chambers UK guide

Calum Burnett focuses his practice on contentious regulatory work and banking litigation. He represents a range of financial institutions in complex and high-profile disputes, enforcement proceedings and regulatory investigations. He co-heads the firm's banking, finance and regulatory litigation practice group.

^ See whole ranking table

Band 3

Herbert Smith Freehills

From the Chambers UK guide

Simon Clarke offers great experience in litigation and has specialist knowledge in complex financial services and banking matters. He advises on a wide range of issues, including product mis-selling cases, derivatives disputes, investigations and wider civil claims and regulatory work. Clients say: "Simon is very smart, incredibly hard-working and client-focused."

^ See whole ranking table

Band 3

Allen & Overy LLP

From the Chambers UK guide

Marc Florent is regarded as an expert in the full spectrum of contentious structured finance matters, with particular expertise in derivatives disputes. He also offers strong credentials in insolvency matters.

^ See whole ranking table

Band 3

Cleary Gottlieb Steen & Hamilton LLP

From the Chambers UK guide

Sunil Gadhia acts for both claimants and defendants in litigation and arbitration cases, often in substantial cases with cross-border issues. He also offers skills in regulatory investigations, competition law matters and international sanctions issues.

^ See whole ranking table

Band 3

Norton Rose Fulbright

From the Chambers UK guide

Michael Godden is described as "a very forensic lawyer and a very original thinker" by interviewees. He handles a range of wholesale, commercial and retail banking disputes, alongside strengths in international civil fraud, asset tracing and regulatory enforcement matters.

^ See whole ranking table

Band 3

RPC

From the Chambers UK guide

Simon Hart has a strong litigation practice which covers cross-border banking and restructuring disputes, financial markets litigation and corporate investigations. Sources report: "Simon is calm, confident and assured. He's an adept lawyer and a team player."

^ See whole ranking table

Band 3

Quinn Emanuel Urquhart & Sullivan, LLP

From the Chambers UK guide

Robert Hickmott is "an effective litigator with a huge amount of experience," according to appreciative clients. His practice incorporates representing corporate stakeholders and high net worth individuals in both defending and bringing claims in financial litigation.

^ See whole ranking table

Band 3

Linklaters

From the Chambers UK guide

Andrew Hughes is an expert in commercial dispute resolution, with skills in fraud and regulatory investigations, select committee inquiries and banking disputes. A client says: "He combines one of the biggest brains with a fun personality. I always feel safe when he's on board."

^ See whole ranking table

Band 3

Mayer Brown International LLP

From the Chambers UK guide

Ian McDonald handles high-value, cross-border disputes concerning derivatives, structured finance transactions and loan structures. His expertise covers allegations of mis-selling, misconduct and fraud, among others. Clients say: "Ian combines good legal knowledge with an ability to understand what a client wants."

^ See whole ranking table

Band 3

Stephenson Harwood LLP

From the Chambers UK guide

The "excellent" Sue Millar co-heads the firm's banking and finance litigation group. She frequently assists clients with commercial and investment banking disputes, as part of her broad commercial litigation practice.

^ See whole ranking table

Band 3

Norton Rose Fulbright

From the Chambers UK guide

Paul Morris applies his considerable banking litigation expertise to a wide range of structured product disputes and derivatives issues, with sources lauding his ability to "make the big calls in high-stakes litigation." His clients include corporate trustees, issuers, agents and other parties involved in debt capital markets transactions.

^ See whole ranking table

Band 3

Bryan Cave Leighton Paisner LLP

From the Chambers UK guide

Segun Osuntokun has garnered a strong reputation for his banking and financial services litigation practice, with clients describing him as "very intelligent, insightful and diplomatic." He heads the firm's Africa group and has a wealth of experience in cross-border disputes.

^ See whole ranking table

Band 3

White & Case LLP

From the Chambers UK guide

John Reynolds leads the firm's banking litigation practice and offers deep expertise in litigation and arbitration concerning finance, investments and banking. His practice also incorporates offshore disputes, with experience in matters concerning the USA, Nigeria and the Eastern Caribbean.

^ See whole ranking table

Band 3

Linklaters

From the Chambers UK guide

Patrick Robinson has "a mighty intellect, possesses swiftness of mind and, in the midst of complexity, has the ability to identify what is essential," according to impressed clients. He maintains a broad banking and financial services practice, with expert knowledge of derivatives and structured products disputes, as well as fund and private equity matters.

^ See whole ranking table

Band 4

Mayer Brown International LLP

From the Chambers UK guide

David Allen is characterised as "very pragmatic and practical" by clients, who highly rate his "tactical approach which mitigates the risk of a dispute escalating." His practice incorporates contentious banking and insolvency work.

^ See whole ranking table

Band 4

Cadwalader, Wickersham & Taft LLP

From the Chambers UK guide

Steven Baker of Cadwalader, Wickersham & Taft LLP undertakes a wide range of litigation and arbitration disputes for financial services institutions, including banks, hedge funds and sovereign wealth funds. Clients say: "He is very thoughtful, very into the detail, but equally he takes a very commercial stance."

^ See whole ranking table

Band 4

Slaughter and May

From the Chambers UK guide

Ewan Brown has a wide-ranging banking litigation and investigations practice, where he regularly acts for major banks and financial institutions. His wider practice also incorporates strengths in tax appeals, corporate crime issues, shareholder disputes and competition claims.

^ See whole ranking table

Band 4

Quinn Emanuel Urquhart & Sullivan, LLP

From the Chambers UK guide

Matthew Bunting receives plaudits for his "first-rate advice, both commercially and legally." His practice comprises domestic and international litigation, particularly concerning serious corporate fraud.

^ See whole ranking table

Band 4

Arnondo Chakrabarti

Allen & Overy LLP

From the Chambers UK guide

Arnondo Chakrabarti is called upon by clients for his strengths in cross-border disputes and investigatory work. He offers notable expertise in corporate crime matters, banking litigation and contentious regulatory issues.

^ See whole ranking table

Band 4

Macfarlanes LLP

From the Chambers UK guide

Barry Donnelly leads the banking, finance and financial services dispute resolution practice at Macfarlanes LLP and regularly counsels clients on international litigation and arbitration. Interviewees describe him as "a high-quality lawyer" and commend his "pragmatic and very commercial demeanour."

^ See whole ranking table

Band 4

Joseph Hage Aaronson LLP

From the Chambers UK guide

The "fantastic" Michelle Duncan of Joseph Hage Aaronson LLPis a seasoned banking and corporate litigator with expert knowledge of insolvency and securities matters. Interviewees describe her as "excellent technically" and reveal that "she is a very tough litigator who you would want on your side."

^ See whole ranking table

Band 4

Travers Smith LLP

From the Chambers UK guide

Robert Fell draws praise for his "client-oriented" manner and his "quick turnaround time." His broad practice includes a range of financial services and financial institutions litigation, alongside expertise in disciplinary proceedings and regulatory investigations.

^ See whole ranking table

Band 4

Taylor Wessing LLP

From the Chambers UK guide

Shane Gleghorn is called upon by clients for his skills in banking litigation and investigations, where he advises both corporate clients and financial institutions. He also offers expertise in arbitrations.

^ See whole ranking table

Band 4

Cooke Young & Keidan LLP

From the Chambers UK guide

Marc Keidan regularly acts for a broad spectrum of bank customers, hedge funds and wider investors in litigation claims against financial institutions. Market sources offer praise for his "solutions-focused" manner and his skills as "a great strategist who thinks outside the box."

^ See whole ranking table

Band 4

Travers Smith LLP

From the Chambers UK guide

Andrew King's "huge experience" in the sector is applauded by clients, who also describe him as "very devoted" to their needs. His wide commercial litigation practice includes solid strengths in banking and insolvency disputes.

^ See whole ranking table

Band 4

Eversheds Sutherland

From the Chambers UK guide

Distinguished litigator Andrew Legg focuses his practice on commercial and banking disputes, with considerable expertise in cross-border matters. He also excels in regulatory enforcement matters, investigations and insolvency litigation.

^ See whole ranking table

Band 4

Sinead O'Callaghan

Cooke Young & Keidan LLP

From the Chambers UK guide

Sinead O'Callaghan has a wide-ranging litigation practice, with strengths in banking and finance litigation, contentious trust work, fraud and professional negligence claims. Sources say: "She is an experienced litigator who always has her finger on the pulse of the case and where it's going."

^ See whole ranking table

Band 4

Covington & Burling LLP

From the Chambers UK guide

Craig Pollack of Covington & Burling LLP acts on behalf of investment banks, hedge funds, high net worth individuals and wider corporate clients on banking and financial services disputes. Interviewees describe him as "a seasoned litigator" and a "superb tactician."

^ See whole ranking table

Band 4

Shearman & Sterling LLP

From the Chambers UK guide

Josanne Rickard heads the London litigation group at Shearman & Sterling LLP. She acts for banks, liquidators, receivers and wider corporate clients on a broad range of commercial and banking litigation. Sources reveal: "She is a very intuitive lawyer, she understands our business and is on top of the subject matter."

^ See whole ranking table

Band 4

Stewarts

From the Chambers UK guide

Sean Upson is frequently called upon for his skills in banking, insolvency and trade law litigation, alongside in-depth expertise in civil fraud matters. Sources report: "He just has great judgement and great instincts, and he's a very even-tempered person."

^ See whole ranking table

Band 4

Allen & Overy LLP

From the Chambers UK guide

Practice co-head Mona Vaswani calls on deep sector expertise in disputes involving allegations of fraud, corruption, money laundering and financial products mis-selling. She also assists with internal investigations for corporate and banking clients.

^ See whole ranking table

Band 4

Stewarts

From the Chambers UK guide

The vastly experienced Clive Zietman garners accolades for his "big-picture view" and his "robust" approach to banking litigation. His client roster includes a wide variety of financial institutions and multinational corporations and companies.

^ See whole ranking table

Band 5

Fieldfisher

From the Chambers UK guide

The "extremely commercial" Duncan Black acts for banks, asset managers and broker dealers on litigation and contentious regulatory matters. His broad international practice also incorporates work in offshore jurisdictions, including the Cayman Islands and Jersey.

^ See whole ranking table

Band 5

Bird & Bird

From the Chambers UK guide

Michael Brown of Bird & Bird handles disputes involving trade finance, interest rate swaps, mis-selling and misrepresentation claims, among others. Interviewees describe him as a "highly effective litigator."

^ See whole ranking table

Band 5

Milbank, Tweed, Hadley & McCloy LLP

From the Chambers UK guide

Tom Canning of Milbank, Tweed, Hadley & McCloy LLP handles international litigation and arbitration proceedings, acting for insurers, accountancy firms, banks and other financial institutions. Clients offer praise for his "macro view on complex situations" and his "excellent communication skills."

^ See whole ranking table

Band 5

Clifford Chance LLP

From the Chambers UK guide

Helen Carty earns impressive praise for her "exceptionally sound judgement" and "effective style" in banking litigation, with clients characterising her as "a pleasure to work with." She regularly defends a range of banks and financial institutions in disputes work, including cross-border and multi-jurisdictional matters.

^ See whole ranking table

Band 5

Stephenson Harwood LLP

From the Chambers UK guide

Edward Davis is characterised as "very knowledgeable and very easy to work with" by interviewees. His clients include a number of household names in the financial industry, who call upon him for his skills in major litigation and asset recovery claims.

^ See whole ranking table

Band 5

Akin Gump Strauss Hauer & Feld

From the Chambers UK guide

Respected banking litigator Mark Dawkins offers considerable strengths in complex and high-value disputes, often with cross-border elements. Market commentators describe him as "experienced and sensible," offering praise for his "very thoughtful" approach.

^ See whole ranking table

Band 5

Jean-Pierre Douglas-Henry

DLA Piper LLP

From the Chambers UK guide

Jean-Pierre Douglas-Henry is regarded as a "smooth operator" in banking litigation matters, with interviewees highlighting his "clear, strategic advice" and his ability to "command the table when he's speaking." He leads the litigation and regulatory group in the UK, and also heads the firm's EMEA cross-border litigation practice.

^ See whole ranking table

Band 5

Milbank, Tweed, Hadley & McCloy LLP

From the Chambers UK guide

Charles Evans of Milbank, Tweed, Hadley & McCloy LLP focuses his practice upon contentious regulatory proceedings and investigations. Clients say: "Charles is very impressive in terms of his ability to grasp the intricacies of complex financial products. His advice was always clear and confidence-inspiring."

^ See whole ranking table

Band 5

gunnercooke LLP

From the Chambers UK guide

Paul Friedman of gunnercooke LLP brings over three decades of experience to bear in banking litigation cases and international arbitration proceedings. He acts for a broad client base, which includes high net worth individuals, investment banks and private equity houses.

^ See whole ranking table

Band 5

Oliver Glynn-Jones

Bryan Cave Leighton Paisner LLP

From the Chambers UK guide

Practice head Oliver Glynn-Jones regularly handles structured and asset finance litigation matters, with clients calling upon his talents as a solicitor advocate on complex dispute work. Clients say: "He has a very good sense of what's commercially important for a client, what the courts will do and how judges will respond."

^ See whole ranking table

Band 5

Clifford Chance LLP

From the Chambers UK guide

Jeremy Kosky has a multifaceted practice which incorporates breach of contract and fiduciary duty claims, fraud issues and professional misconduct matters. He also offers expertise in offshore litigation, with experience handling cases in the Cayman Islands, the British Virgin Islands, Bermuda and Jersey.

^ See whole ranking table

Band 5

Hogan Lovells

From the Chambers UK guide

Louise Lamb is an expert in anti-money laundering and sanctions matters. Her broad litigation practice also includes expertise in defending group actions, retail banking and consumer finance disputes and fraudulent misrepresentation claims, among others.

^ See whole ranking table

Band 5

Herbert Smith Freehills

From the Chambers UK guide

Rupert Lewis has garnered a strong reputation in the market through his impressive track record in a number of significant cases. Recent activity includes defending Société Générale against claims brought by the Libyan Investment Authority seeking rescission and repayment of premiums over trades entered into before the financial crisis.

^ See whole ranking table

Band 5

RPC

From the Chambers UK guide

The "very bright" Andrew McGregor receives plaudits for his "excellent judgement" in banking litigation work. He regularly acts for institutional investors, including leading hedge funds, corporates and high net worth individuals, in structured finance and derivatives disputes.

^ See whole ranking table

Band 5

Freshfields Bruckhaus Deringer LLP

From the Chambers UK guide

Sarah Parkes is highly adept in advising corporate and financial institutions on defending regulatory enforcement and handling complex financial services litigation. She also offers niche strengths advising on sanctions issues.

^ See whole ranking table

Band 5

Anthony R Poulton

Baker McKenzie

From the Chambers UK guide

Anthony Poulton acts for a wide variety of clients, including trustees, beneficiaries, executors and protectors, on litigation concerning banking, private wealth and trusts. He also offers niche expertise in disputes in offshore jurisdictions, including Jersey, Guernsey and the British Virgin Islands.

^ See whole ranking table

Band 5

Travers Smith LLP

From the Chambers UK guide

Toby Robinson offers skills in regulatory matters and complex financial institutions litigation. Clients describe him as "clever, energetic and a pleasure to work with."

^ See whole ranking table

Band 5

Mayer Brown International LLP

From the Chambers UK guide

Susan Rosser has a wide-ranging practice which encompasses litigation concerning asset management and investment issues, complex financial products and regulatory matters. Sources describe her as "technically very strong" and "an incredibly hard worker."

^ See whole ranking table

Band 5

Morgan, Lewis & Bockius LLP

From the Chambers UK guide

Melanie Ryan of Morgan, Lewis & Bockius LLP handles a wide range of regulatory investigations and commercial litigation matters in the banking and financial services sector. Her clients include professionals, financial institutions and broader corporations.

^ See whole ranking table

Band 5

Clifford Chance LLP

From the Chambers UK guide

Jeremy Sandelson has a wealth of expertise in disputes work, frequently advising banks and other financial institutions on significant litigation and arbitration proceedings internationally. He leads the firm's global litigation practice.

^ See whole ranking table

Band 5

Baker McKenzie

From the Chambers UK guide

Arun Srivastava offers specialist knowledge of European regulatory requirements, alongside a wider financial services litigation practice. He leads the firm's financial services team in London.

^ See whole ranking table

Band 5

Hogan Lovells

From the Chambers UK guide

Rising star John Tillman is described as "one to watch" by those in the market, who recognise his impressive talents in litigating distressed or default situations and security disputes. Sources further highlight his "very impressive intellect" and "very strategic" insights.

^ See whole ranking table

Band 5

Enyo Law LLP

From the Chambers UK guide

Simon Twigden offers broad expertise in international banking disputes, with deep knowledge of litigation concerning the mis-selling of financial products, contractual disputes and wider fraud issues. Clients label him "a fantastic team player," describing him as "very pragmatic and very straightforward."

^ See whole ranking table

Band 5

Chris Warren-Smith

Morgan, Lewis & Bockius LLP

From the Chambers UK guide

Chris Warren-Smith of Morgan, Lewis & Bockius LLP has a multifaceted practice which includes corporate investigations and regulatory enforcement matters, alongside a broader commercial dispute resolution practice. Interviewees describe him as "an incisive strategist" who is "very strong technically."

^ See whole ranking table

Band 5

Withers LLP

From the Chambers UK guide

Andrew Wass of Withers LLP is described as "very engaging personally, and very considered and commercial in the advice he gives." He is an expert in restructuring, banking and dispute resolution in the financial services sector, with particular expertise in financial mis-selling claims.

^ See whole ranking table

Up and Coming

Herbert Smith Freehills

From the Chambers UK guide

Harry Edwards is labelled "a star in the making" by market sources, who reveal that "he works very hard and provides really inventive and thoughtful input on cases." He acts for a number of major investment and commercial banks in a wide array of complex contentious work.

^ See whole ranking table

Up and Coming

Boies Schiller Flexner (UK) LLP

From the Chambers UK guide

Fiona Huntriss of Boies Schiller Flexner (UK) LLP is considered a rising star in the banking litigation market, with interviewees lauding her "superb drafting skills" and "immensely hard-working" approach. Her practice encompasses disputes over distressed debt investments, securitisations, international insolvencies and sovereign debt issues.

^ See whole ranking table