Contact details

Edward  Davis

T: +44 20 7809 2327 Email Edward | Vcard Office: London

Awards

Banking litigation: investment and retail and commercial litigation

Banking litigation: investment and retail and commercial litigation

Banking litigation

Banking litigation

Edward Davis Partner

Contact details

Edward  Davis

Edward Davis
Partner

T: +44 20 7809 2327 Email Edward | Vcard Office: London

Ed is a commercial litigator, helping to resolve a wide range of domestic and cross-border disputes. He is well-known for his expertise in complex banking and fund-related matters, and co-heads the firm's market-leading finance litigation group. He advises clients in High Court litigation and arbitration.
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Ed has a broad commercial litigation experience, acting for a variety of clients, including banks and other financial institutions, funds, commodities traders, accountants, trustees and individuals. He advises on the full range of commercial disputes, including fraud and injunctions, commercial contract disputes, and joint-venture and shareholder disputes. He also advises on international and cross-border litigation strategies and manages and co-ordinates litigation in different jurisdictions. Clients value his pragmatic and commercial approach.

He is particularly well-known for acting in complex and high value financial disputes and investigations covering a wide range of markets and products, including derivatives, asset backed securities, swaps and bond issues. He has advised clients in connection with various trade finance matters (letters of credit, letters of indemnity), and advises banks on regulatory issues.

As well as acting in High Court disputes, Ed has acted in a wide range of insolvency matters (advising liquidators, creditors and companies in winding-up proceedings) and has acted for clients in a number of LCIA and ICC arbitrations.
 

"get to the issue at hand and then get the settlement over the line"
Chambers UK 2020
  • Banking and financial services litigation
  • Dispute resolution

Goldman Sachs v Natixis

Advised the defendant in a case regarding three credit default swaps worth over US$500 million in the Commercial Court in London.

Mis-selling claims

Acted for a bank in relation to a number of multi-million pound claims arising out of film finance schemes and in a Commercial Court claim alleging the mis-selling of a number of different structured products.

Credit-linked notes

Acted for Credit Agricole in a $75 million claim by a German bank in connection with the termination amount payable under three credit linked notes (restructured as asset swaps), following the occurrence of a credit event.

More: Banking and financial services litigation

Telecommunications dispute

Acted for a defendant in Bentham and Others v Bayat and Others, a $400 million shareholder dispute in the High Court in relation to a telecommunications project in the Middle East.

Madoff fraud

Advised a European bank in connection with its more than €500 million exposure to the Madoff fraud, including coordinating lawyers and proceedings in different jurisdictions and advising the bank on its world-wide litigation and recovery strategy.

Fund dispute

Advised an AIM listed fund in a $78 million Commercial Court claim against its investment manager in connection with losses associated with various investments in China.

More: Dispute resolution
  • Banks and banking

Goldman Sachs v Natixis

Advised the defendant in a case regarding three credit default swaps worth over US$500 million in the Commercial Court in London.

Mis-selling claims

Acted for a bank in relation to a number of multi-million pound claims arising out of film finance schemes and in a Commercial Court claim alleging the mis-selling of a number of different structured products.

Credit-linked notes

Acted for Credit Agricole in a $75 million claim by a German bank in connection with the termination amount payable under three credit linked notes (restructured as asset swaps), following the occurrence of a credit event.

More: Banks and banking

Awards

Banking litigation: investment and retail and commercial litigation

Banking litigation: investment and retail and commercial litigation

Banking litigation

Banking litigation

Latest news & insights

07 Oct 2019

From Insights

Lehman Brothers International (Europe) (In Administration) v Exotix Partners LLP [2019] EWHC 2380 (Ch)

The High Court has applied a common sense interpretation to a contract for sale, in circumstances where both parties had been mistaken and/or unclear as to the quantit..

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02 Oct 2019

From Insights

Warehouse receipts - Contract, mistake and estoppel

The Commercial Court has delivered a judgment which will have important implications in the context of commodity finance and, in particular, the use of warehouse recei..

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04 Jul 2019

From Insights

Equitable set-off and the implied duty of cooperation: AMC III Purple B.V. v Amethyst Radiotherapy Limited

The High Court has granted summary judgment on a claim for payment under two loan agreements. In granting judgment, the court considered (but ultimately rejected) the ..

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12 Jun 2019

From Insights

Finance litigation update - June 2019

Welcome to the latest finance litigation update, in which we summarise some of the most significant cases relevant to banks and other financial institutions over the l..

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04 Jun 2019

From Insights

No express or implied term in relation to market practice: CFH Clearing Limited ("CFH") v Merrill Lynch International ("MLI")

The Commercial Court has found that a clause in a bank's terms and conditions stating that: "All transactions are subject to all applicable laws, rules … and, where re..

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21 May 2019

From Insights

Further Court of Appeal clarification on the treatment of competing jurisdiction clauses

The Court of Appeal has given further clarification on the treatment of competing jurisdiction clauses in its recent decision in BNP Paribas SA v Trattamento Rifiuti M..

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15 May 2019

From Blog

Interpreting ISDA: positive results on negative interest rates

A number of recent cases in the Court of Appeal and Commercial Court have examined the meaning of standard terms in ISDA contracts.

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02 Apr 2019

From Insights

Marme Inversiones: Manipulation, misrepresentation and the markets

Last month saw an important ruling in relation to a benchmark misrepresentation claim which is likely to provide significant comfort for banks.

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18 Mar 2019

From Insights

High Court clarifies its approach to determination of "Loss" under the 1992 ISDA Master Agreement

Under the 1992 ISDA Master Agreement, following an event of default, there is either an automatic termination or the non-defaulting party can serve a notice designatin..

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29 Nov 2018

From Insights

Finance litigation update - November 2018

Welcome to the latest finance litigation update, in which we summarise some of the most significant cases relevant to banks and other financial institutions over the l..

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26 Sep 2018

From Insights

What a "no deal" Brexit might mean for international litigation

Although a great deal has been written on what the legal landscape may look like after Brexit, much of it has inevitably been speculative, dependent as it is on the ou..

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12 Sep 2018

From Insights

Competing jurisdiction clauses in interest rate swap cases

Two recent decisions, with similar facts, have provided clarity on the approach the Courts should take when faced with competing jurisdiction clauses.

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15 Aug 2018

From Insights

Commercial Court rules that negative interest is not payable under an ISDA Credit Support Annex

The English Commercial Court has ruled that the standard form ISDA Credit Support Annex does not include an obligation on a Transferor of cash collateral to account fo..

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31 May 2018

From Insights

Basis clauses – an unfair relationship?

The High Court has rejected a claim by borrowers against a bank under s140A and 140B of the Consumer Credit Act 1974 (“CCA”) alleging that there was an unfair relation..

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23 May 2018

From Insights

Finance litigation update – May 2018

Welcome to the latest finance litigation update, in which we summarise some of the most significant cases relevant to banks and other financial institutions over the l..

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16 Mar 2018

From Insights

Recent judgment on ISDA close-outs

In a recent decision, the English Court has considered whether, following an Event of Default, it was open to the Determining Party under an ISDA Master Agreement to r..

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