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Damien Byrne Hill

Regional Head of Practice – Dispute Resolution, UK and US

Damien is Regional Head of Practice for Dispute Resolution in the UK and US.

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Experience

Based in London, Damien helps banking sector clients resolve or navigate major disputes. He has guided clients to successful outcomes in a number of high-profile matters, and is working on some of the largest cases currently progressing through the English courts. 

Damien specialises in providing advice on high-value, contentious issues facing domestic and international banks, investment funds, private equity houses and other financial institutions. These include disputes about corporate finance transactions, investment advice, fund management, securities trading, project finance, private equity investment, enforcement of security and structured finance.

He has helped clients with company and commercial disputes in London and Asia across a wide range of industries, in both High Court litigation and international arbitration.

The major UK legal directories recognise Damien as a leading individual, and the team he heads is ranked in the first tier in Legal 500 for banking litigation. His team has also won several awards in recent years, including the Financial News Financial Litigation Team of the Year in 2013 and 2015. 

Damien's experience includes advising:

  • Goldman Sachs in a US$1.2 billion claim brought by the Libyan Investment Authority in relation to a series of leveraged derivatives transactions, featuring allegations of undue influence and unconscionable bargain; 
  • Lloyds Banking Group and its former directors on a shareholder claim (by way of a group litigation order) arising from the acquisition of HBOS in 2008, alleging misstatement negligence and breach of fiduciary duties;
  • Credit Suisse in its successful defence of a claim over the sale of an interest in an oil field in Azerbaijan;
  • Pioneer in its successful appeal to the Court of Appeal over the correct interpretation of clause 2(a) (iii) of the ISDA Master Agreement; and
  • Goldman Sachs in its successful defence of a claim by IFE, a mezzanine investor fund, alleging misrepresentation in relation to the information memorandum issued on syndication of the investment.

Background

Damien has an M.A. in history from Cambridge and qualified as a solicitor in England and Wales (1993) and Hong Kong (1998).

Damien trained with Herbert Smith in London and spent five years in the firm’s Hong Kong office in the wake of the Asian financial crisis. He was promoted to partner in 2000.