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Ajay Malhotra

Ajay Malhotra

Senior Associate

Ajay is a Senior Associate specialising in financial services litigation and investigations.

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Experience

Ajay advises financial services and corporate clients in relation to commercial litigation and criminal and regulatory investigations. Ajay understands how financial firms work, having completed secondments in the litigation and regulatory enforcement teams at Deutsche Bank and Credit Suisse. He has advised clients on some of the most significant and high profile matters they have faced across a range of different contentious issues and jurisdictions, and thrives on dealing with complex issues.  

Ajay has been part of matter teams which have won The Lawyer Litigation Team of the Year, Legal Business Dispute Resolution Team of the Year and Financial News Financial Litigation Firm of the Year awards.  

Ajay's experience includes advising:

  • ICBC Standard Bank Plc in relation to the UK's first-ever Deferred Prosecution Agreement and the first case brought for the offence of failure to prevent bribery by an associated person (section 7 of the Bribery Act 2010), as well as the disposal of the US criminal and civil investigations
  • ICBC Standard Bank Plc in relation to a significant civil claim in the Tanzanian High Court arising from the facts of the first-ever Deferred Prosecution Agreement in the UK
  • Goldman Sachs; successfully defending a US$1.2 billion claim brought by the Libyan Investment Authority in relation to a series of leveraged derivatives transactions in early 2008
  • UBS in relation to the regulatory and criminal proceedings following the Kweku Adoboli rogue trading incident in 2011
  • Credit Suisse in its successful defence in the High Court and Court of Appeal of a significant claim relating to the sale of the controlling interest in an oil field in Azerbaijan

 

Background

Ajay has a first class degree in Philosophy & Literature from the University of Warwick and a Graduate Diploma in Law and a Legal Practice Course from BPP.  He qualified in September 2010.