Investment funds

Recently acted for IBRC Asset Finance Limited in its defence of a claim against it by JJW Ltd in relation to the development of the Berners Hotel in West London. The claim was valued at an estimated £500 million, and involved orders for security for costs up to and including trial in the sum of £1.96 million, obtaining judgment in default, obtaining a freezing order against the claimant and related parties, and applications for indemnity and third party costs.

Acted for GE Commercial Finance (Hong Kong) Limited in relation to a dispute arising from a US$8.5 million export notified factoring arrangement (on a non-recourse basis) and a related dispute with insurers under the terms of GE’s credit insurance policy with QBE Hongkong & Shanghai Insurance Limited.

Acted for an AIM listed investment fund in relation to a RMB480 million dispute with its former managers.

More: Investment funds

Finance litigation

Currently acting for a large British company in relation to claims against the Lloyds Banking Group in respect of losses suffered as a result of the bank's treatment of it, with the value of the claim estimated to be in the region of £140 million, as well as the recent impact of the COVID-19 global pandemic.

Recently acted for IBRC Asset Finance Limited in its defence of a claim against it by JJW Ltd in relation to the development of the Berners Hotel in West London. The claim was valued at an estimated £500 million, and involved orders for security for costs up to and including trial in the sum of £1.96 million, obtaining judgment in default, obtaining a freezing order against the claimant and related parties, and applications for indemnity and third party costs.

Acted for GE Commercial Finance (Hong Kong) Limited in relation to a dispute arising from a US$8.5 million export notified factoring arrangement (on a non-recourse basis) and a related dispute with insurers under the terms of GE’s credit insurance policy with QBE Hongkong & Shanghai Insurance Limited.

Seconded for three months to HSBC Hong Kong's CMB LGA team.

Acted for a high net worth individual in proceedings in the Hong Kong High Court against a leading bank in relation to a US$80 million claim arising from the purchase of preferred stock.

Acted for an AIM listed investment fund in relation to a RMB480 million dispute with its former managers.

Commercial litigation

Acting for the 2nd and 3rd interveners in the Hong Kong Court of Appeal -TCWF v LKKS, STL & OIL CACV 166/2012 - in ancillary relief proceedings and which resulted in a successful reduction of the applicant’s award from HK$1.4 billion to HK$410 million. 

Acted for the 3rd and 4th defendants in a landmark Hong Kong Court of Final Appeal decision on legal professional privilege - Secretary for Justice v TCFW, LKKS, STL & OIL FCAV 5 & 6/2014. 

Acting for the administrators’ pendente lite in relation to the high profile Nina Wang litigation in Hong Kong.

Banks and banking

Currently acting for a large British company in relation to claims against the Lloyds Banking Group in respect of losses suffered as a result of the bank's treatment of it, with the value of the claim estimated to be in the region of £140 million, as well as the recent impact of the COVID-19 global pandemic.

Seconded for three months to HSBC Hong Kong's CMB LGA team.

Acted for a high net worth individual in proceedings in the Hong Kong High Court against a leading bank in relation to a US$80 million claim arising from the purchase of preferred stock.

More: Banks and banking

Rail and road

Acted for Construcciones y Auxiliar de Ferrocarriles in relation to its challenge of the UK Government’s procurement of rolling stock for the High Speed 2 rail project (2018/2019).

Acted for Arriva UK Trains Limited in relation to its challenge of the UK Government’s award of the East Midlands rail franchise (2019/2020).