Investment funds

Private bank

Acting for a private bank in proceedings brought by a high net worth individual arising from the gating of the AIG Premier bond at the beginning of the global financial crisis.

Asset manager

Acting for an asset manager impacted by targeted sanctions and involving negotiations and liaison with HMT, OFAC and other competent authorities in the EU and offshore jurisdictions. Subsequently advising on disputes with certain service providers.

European fund manager

Advising a European on fund manager on claims arising from the collapse of a Portuguese bank.

Fraud and asset recovery

Eastern European bank

Acting for the insolvency administrator of an Eastern European bank in claims against its former owner following the bank's collapse.  The proceedings resulted in the former owner being committed for contempt and our client's case succeeding in its entirety at trial. 

Insurance broker

Acting for an insurance broking client against an insured who made fraudulent claims for loss. The claim against the insurance broker collapsed on the first day of trial with indemnity costs being awarded in our client's favour. 

AHAB

Acting for a claimant bank seeking to recover funds against the AHAB conglomerate following allegations of wide-scale fraud exceeding US$9 billion and affecting in excess of 100 banks.

Commercial litigation

Insurance brokers

Advising a global firm of insurance brokers on a number of claims alleging negligent placement of insurance, including a successful defence following the collapse of a dishonest claimant's claim at trial.

Asset management company

Advising in relation to multiple US proceedings against various investment banks in relation to a very significant portfolio of allegedly mis-sold bonds.

Corporate trustee

Advising in matters arising from a financial institution's liability management exercise pursuant to which it invited bondholders to exchange their bonds for cash and thereafter in relation to a threatened subordinated liability order pursuant to which bondholders' rights would be significantly reduced and/or extinguished.

More: Commercial litigation

Corporate trusts

Fairhold Securitisation Limited

Advising the corporate trustee on its rights and obligations arising from the wrongful acts of a third party in purporting to put the securitisation vehicle into administration and thereafter preventing illegitimate attempts at enforcement against the trust assets.

Corporate trustee

Defending a corporate trustee against an allegation of breach of trust, resulting in an amicable settlement.

Corporate trustee

Advising a corporate trustee in its claim against an arranger of a securitisation for misrepresentation.

More: Corporate trusts

Finance litigation

British Arab Commercial Bank

A high profile claim against AHAB, a Saudi Arabian conglomerate, to recover sums loaned to one of its subsidiaries, ATS. Identified as one of The Lawyer's top 20 cases of recent years, the bank's claim was successful at trial.

Eastern European bank collapse

Acting for the bank’s insolvency administrator on claims against a business man who is subject to civil and criminal fraud proceedings in various jurisdictions. We have obtained freezing, third party disclosure and search orders and had 8 separate court hearings, all of which have been successful.

Private bank

Acting for a well-known private bank against mis-selling and negligent advice claims brought by high net worth individuals arising out of events leading to the commencement of the global financial crisis.

Dispute resolution

Insurance brokers

Advising a global firm of insurance brokers on a number of claims alleging negligent placement of insurance, including a successful defence following the collapse of a dishonest claimant's claim at trial.

Asset management company

Advising in relation to multiple US proceedings against various investment banks in relation to a very significant portfolio of allegedly mis-sold bonds.

Corporate trustee

Advising in matters arising from a financial institution's liability management exercise pursuant to which it invited bondholders to exchange their bonds for cash and thereafter in relation to a threatened subordinated liability order pursuant to which bondholders' rights would be significantly reduced and/or extinguished.

More: Dispute resolution

Sanctions

Two individuals

Advising two formerly designated individuals on their international strategy, including sanctions-related challenges in the EU and the English Administrative Court by way of judicial review proceedings, dealing with UK regulators and lobbying the UK and the EU.

Asset management company

Advising an asset management company, majority of it owned by a designated entity and managing its assets, on its rights and obligations under the relevant sanctions regime. This included liaising with regulators in a number of jurisdictions and obtaining licences from HMT and OFAC, permitting its continued operation.

Sanctioned entities

Advising designated entities and individuals on their sanctions related challenges in the General Court and Court of Justice in the EU.

CIS and CEE

Eastern European bank insolvency

Acting for an Eastern European bank’s insolvency administrator on claims against its former owner, a Russian businessman, who is subject to civil and criminal fraud proceedings in various jurisdictions.