I'm a partner in our Dispute Resolution practice in London. I've spent my whole professional career of over 25 years resolving disputes and managing risk for businesses operating in, or affected by, the financial services sector.

Over the years, I have advised on some of the financial services sector's most high profile disputes. These have generally arisen out of scandals or major crises - from the collapse of BCCI, to the Asian financial crisis of the late 1990s, to the credit crunch of 2007 and all the litigation that has flowed, and is continuing to flow, from that including, the Bernard Madoff 'ponzi' scheme fraud, the RBS Rights Issue group litigation, and a raft of financial instruments mis-selling claims.

I've represented claimants and defendants in litigation including to the highest level domestic court, the Supreme Court, in arbitration and other forms of dispute resolution. For claimants this has included group/class action litigation.

We appreciate that litigation can be very expensive and an additional, unwanted cost outside of the scope of our clients' businesses and so we offer flexible funding arrangements and work with third party funders and insurers to offer clients a range of financing options. This enables clients and us to focus on the substance of their claims, and as we share in the risk, clients can be confident that we are fighting in their corner.

I have worked in-house for a bank as well as in private practice; I know the financial services sector from the inside out. Of course, disputes can arise in any area in the financial sector but here are some of the areas we've covered: bondholder disputes; shareholder/investor disputes including around rights issues; mis-selling of financial products including swaps and other derivatives; financial benchmark manipulation; transition management services fraud; payment services litigation.

You'll find me ranked in Chambers for my banking litigation work.

  • Successfully representing an investor in an arbitration over a dispute with a joint venture partner. The dispute concerned repayment of our client's USD750 million investment in a major oil and gas company.
  • Successfully representing a high net worth individual in arbitration over a financial product mis-selling settlement agreement.
  • Negotiating a multi-million pound settlement for a client in its claim against a bank relating to undisclosed commissions and FX trading practices.
  • Advising a commodities trading company on its Market Abuse Regulation compliance programme.
  • Property Alliance Group Ltd v The Royal Bank of Scotland Plc [2018] EWCA Civ 355
  • I led our team representing PAG in its claim against RBS for: mis-selling of interest rate swaps; RBS's unlawful mistreatment of PAG whilst it was within RBS's discredited Global Restructuring Group ('GRG'); and RBS's unlawful manipulation of LIBOR. This was described and treated as a 'test case' by the courts, on swaps mis-selling and LIBOR manipulation and the Court of Appeal's decision is the leading modern authority on such claims against banks. Although PAG lost its Appeal, this was principally on the facts; it succeeded on important legal issues which now have positive implications for other claimants in these areas.
  • Playboy Club London v Banca Nazionale del Lavoro SpA [2018] UKSC 43
  • We represented, successfully, the defendant bank in the Supreme Court, seeing off a negligence claim brought by the Club (a casino) over a banker's reference given to an associated company of the Club. The case is important for its consideration, and limitation to the scope, of the undisclosed principal doctrine and for its re-visiting of the reasoning in the 1960s case, Hedley Byrne. The case is cited in authoritative legal texts on a range of legal issues: Bowstead & Reynolds on Agency (21st Ed.); Chitty on Contracts (33rd Ed.); Firth: Derivatives Law and Practice; Hollington on Shareholders' Rights (8th Ed., 1st supplement).
Education
  • I have a 2:1 BA (Hons) degree in Theology from Selwyn College, Cambridge (1986-89).
  • I undertook a law conversion course and my law society finals at the College of Law, London.
Admissions
  • Law Society of England & Wales in 1993