The banking and wider financial services sectors are increasingly dominating the global disputes landscape in terms of frequency, complexity and size. Courts and other legal bodies around the world continue to be inundated with large and complicated claims against financial institutions by shareholders, investors, customers, joint venture partners and a range of other stakeholders.
It is now imperative that these institutions continue to prioritise how to prevent, mitigate and resolve these actions successfully.
We work with clients on some of the largest, highest profile and ground-breaking cases involving litigation, arbitration and alternative dispute resolution for banks, fund and asset managers as well as other financial services firms.
As well as advice in relation upcoming and existing proceedings, we advise on risk management to present the available options and reduce future exposure.
Our many years of dedicated sector focus have given us broad experience and deep knowledge of the most complex and sophisticated financial products across retail and wholesale markets. Our international reach means that we are often instructed to adopt the role of coordinator for complex, cross-jurisdictional matters.
Our specialist and fully integrated advocacy group offers extensive trial, appeal, and interlocutory experience and expertise at exceptional value in a wide range of courts and tribunals. Our advocates can also provide services as arbitrators, mediators and judges, and can advise on case preparation and presentation.
We are one of the few global law firms to offer this kind of tried and tested, integrated, market leading dispute resolution service to financial services clients.
A leading investment manager
Advising in relation to two arbitrations and Commercial Court proceedings arising out of the departure of a founding partner and his team
Advising in the landmark Federal Court of Australia proceeding brought by the Australian Securities and Investments Commission alleging a failure to adequately manage conflicts of interest and insider trading. All of ASIC’s claims were dismissed
Societe Generale and Goldman Sachs
Advising in two separate and high profile claims in excess of US$1 billion brought by the Libyan Investment Authority regarding derivative trades entered into by our two clients with the LIA at around the time of the global financial crisis.
Lloyds Banking Group and its former directors
Advising in relation to the shareholder action, in the form of a Group Litigation Order, arising from the acquisition of HBOS at the height of the financial crisis in 2008. The claims allege misstatement negligence and breach of fiduciary duties
Defending actions brought by shareholder and investor groups in connection with the Group's 2008 Rights Issue. The Group Litigation Order consolidates 16 separate claims into 4 claimant groups, with approximately 36,000 individual claimants, the largest claim currently going through the English Court System
Credit Suisse International
Advising on a range of significant litigation matters including Richard Desmond v. Credit Suisse International and a claim by CSI against Stichting Vestia Groep in relation to payments due under a number of derivative transactions