Contact details

Victoria Fox

T: +44 20 7809 2316 M: +44 7585 903 453 Email Victoria | vCard Office: London

Awards

Regulatory and Litigation Team of the Year 2012

Regulatory and Litigation Team of the Year 2012

Victoria Fox Senior associate

Contact details

Victoria Fox

Victoria Fox
Senior associate

T: +44 20 7809 2316 M: +44 7585 903 453 Email Victoria | vCard Office: London

Victoria is a senior associate in the firm's commercial litigation group, specialising in complex high value disputes, often involving a trust and/or regulatory element. Victoria has a wealth of experience advising a broad range of clients, including high net worth individuals, family offices, trustees, beneficiaries, corporates and other financial services institutions.
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Victoria has acted in several of the most high profile commercial disputes to be brought before the High Court in recent years. She frequently advises on matters involving multiple parties, with parallel proceedings across multiple jurisdictions.

Victoria attended the highly-publicised SFO dawn raids of the Tchenguiz brothers' residences in 2010 and advised the Claimants in the long running Commercial Court litigation that followed. The proceedings included substantial claims for misfeasance in public office, conspiracy to injure and malicious prosecution amongst other things.

Most recently, Victoria is currently advising four individuals in relation to claims brought against them in the sum of $1.6bn for allegedly conspiring to defraud by unlawful means, as well as the related application for a worldwide freezing order.

In relation to trust disputes, Victoria's experience ranges from advising clients on the construction and interpretation of trust documentation, as well as succession issues, enforcement and also allegations concerning breach of trust and fiduciary duties.

Victoria has also advised clients on a broad range of more general commercial disputes, ranging from debt recovery to breach of contract and enforcement claims. Victoria also has experience of conducting a wide range of alternative dispute resolution procedures, including mediation.

  • Regulatory litigation
  • Commercial litigation
  • Corporate trusts

Claims for mis-selling

Advising a well-known high street bank in relation to claims made against it for mis-selling a range of interest rate hedging products, as well as complaints made to the Financial Ombudsman. Advice included the detailed consideration of COBS rules.

Inter-broker dealers

Advised one of London’s leading financial inter-dealer brokers in relation to an investigation by the FCA arising out of allegations that trades had been conducted at off-market prices and unauthorised payments have been made in return for the receipt of favourable prices at the expense of counterparty banks.

UK and US LIBOR investigation

Represented an individual who was the subject of a Trans-Atlantic LIBOR investigation, led by the US Department of Justice, CFTC, FBI and the UK’s FSA and the SFO.

Essar steel dispute

Advising Ravi Ruia, Prashant Ruia, Sushil Baid and Uday Gujadhur in relation to the $1.6bn claim brought against them (and others) by ArcelorMittal USA LLC for conspiracy to defraud by unlawful means, together the related application made by the claimant company for a worldwide freezing order. The English proceedings are just one aspect of the high-profile and long-running Essar steel dispute, which involves proceedings spanning a number of years across multiple jurisdictions, including Cayman, Minnesota and Mauritius.

Vincent Tchenguiz and Robert Tchenguiz

Advised Vincent Tchenguiz, Robert Tchenguiz and certain trust companies associated with them in relation to the recovery of damages from the SFO and various other third parties, including Grant Thornton UK LLP and Kaupthing Bank Hf, following the highly publicised unlawful arrests and wrongful searches of the brothers’ office and home addresses by the SFO in March 2010. In particular, advice included the consideration of matters concerning collateral use of disclosure in other proceedings, third party disclosure as well as security for costs.

Breach of licence and SPA dispute

Advising a UK public limited company in relation to claims made against a Kosovan company for alleged breaches of a licence agreement relating to the operation of a marble quarry in Kosovo, as well as related claims for specific performance pursuant to the terms of a Share Purchase Agreement.

Asset management company

Advising in relation to a claim in arbitration for sums in excess of £20 million in relation to the terms of a directors and officers' liability insurance policy. 

Enforcement proceedings

Acting for a well-known high street bank in relation to enforcement proceedings arising out of defaulted mortgage agreements, including advice in relation to Third Party Debt Orders.

More: Commercial litigation

GLAS Trust Corporation Limited

Advising GLAS as Note Trustee in relation to a complex securitisation transaction, Fairhold Securitisation Limited.  The advice concerned an approach by a purported noteholder to issue an enforcement direction and the subsequent purported appointment of administrators over the Issuer Company.

Corporate Trustee

Advising in relation to matters arising from a rights offer announced by the Company in November 2018 and notified to the Trustee at very short notice such that a large number of shareholders were not able to take up the rights offer. A number of shareholdings were therefore diluted and claims followed.

Liquidator

Advising the liquidator in relation to the redemption of 12 RMBS transactions in accordance with the terms of the Notes in circumstances where a related Tender Offer had been issued by a purported Noteholder.

Solicitors' fees debt recovery

Advising a major law firm in relation to claims made against its former trustee clients for the recovery of unpaid fees. The matter concerns complex issues of trust law, including the respective liability of successor trustee companies.

  • Family offices
  • Funds and financial services
  • Professional services

Vincent Tchenguiz and Robert Tchenguiz

Advised Vincent Tchenguiz, Robert Tchenguiz and certain trust companies associated with them in relation to the recovery of damages from the SFO and various other third parties, including Grant Thornton UK LLP and Kaupthing Bank Hf, following the highly publicised unlawful arrests and wrongful searches of the brothers’ office and home addresses by the SFO in March 2010. In particular, advice included the consideration of matters concerning collateral use of disclosure in other proceedings, third party disclosure as well as security for costs.

High Net-Worth Individual and Associated Companies

Advice in relation to a claim concerning the ownership and management of a London hotel, and related issues concerning the ownership of bearer shares.

Undue Influence Dispute

Advised a private client in relation to legal proceedings for the return of several London properties and other assets that were alleged to have been transferred to another as a result of undue influence, lack of capacity and/or mistake.

GLAS Trust Corporation Limited

Advising GLAS as Note Trustee in relation to a complex securitisation transaction, Fairhold Securitisation Limited.  The advice concerned an approach by a purported noteholder to issue an enforcement direction and the subsequent purported appointment of administrators over the Issuer Company. 

Corporate Trustee

Advising in relation to matters arising from a rights offer announced by the Company in November 2018 and notified to the Trustee at very short notice such that a large number of shareholders were not able to take up the rights offer. A number of shareholdings were therefore diluted and claims followed.

Liquidator 

Advising the liquidator in relation to the redemption of 12 RMBS transactions in accordance with the terms of the Notes in circumstances where a related Tender Offer had been issued by a purported Noteholder.

Negligent tax advice

Advising one of the big four accountancy firms in relation to claims made against it by a high net worth individual for alleged negligent tax advice.

Solicitors' fees debt recovery

Advising a major law firm in relation to claims made against its former trustee clients for the recovery of unpaid fees.

Harassment

Advising one of the big four accountancy firms and an insolvency practitioner in relation to claims against a former bankrupt for harassment.

Awards

Regulatory and Litigation Team of the Year 2012

Regulatory and Litigation Team of the Year 2012

Latest news & insights

24 Apr 2020

From Insights

Act in haste, rejoice at leisure?

ArcelorMittal USA LLC (“AMUSA”)’s application for US$1.5bn freezing order against Mr Ravi Ruia, Mr Prashant Ruia and Essar Global Fund Limited (“EGFL”) is dismissed in..

More

05 Oct 2018

From Insights

Stepping in or over-stepping?

The Court has recently been called upon to consider the validity of the purported appointment of administrators over the issuer of notes by a noteholder purporting to ..

More

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