Financial services disputes
With a highly knowledgeable team, including a former FSA regulator and a former senior market participant, we are recognized for handling complex financial services disputes.
We frequently deal with regulatory issues involving the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) in the UK. This breadth of knowledge and experience allows us to advise clients swiftly and effectively.
We rarely take on work for major banks and financial institutions to ensure that we are able to go up against them on behalf of individuals. Examples include representing Gulshan Bhatia, the owner of The Waldorf Hotel, in her claim against Barclays Bank for mis-selling, misrepresentation, breach of contract, breach of fiduciary duties and of FCA rules.
In particularly complex financial services disputes, we are able to call on lawyers from other areas of the firm. The Litigation group worked closely with our Employment team to represent a principal defendant in a high profile £15 million dispute between Marathon Asset Management and two ex-employees over the loss of confidential documents. Despite our client admitting liability for copying the documents, the High Court decided to reject Marathon’s argument and awarded nominal damages of £1 per defendant, as well as ordering Marathon to pay the bulk of the defendants’ costs. This fantastic result for our client was widely reported, and the case was listed as one of The Lawyer’s Top 20 disputes of 2016.
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01 August 2017
Russian businessman living and working in Russia held to be domiciled in England for court jurisdictional purposes
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