Banking & Finance Litigation

Our lawyers are experienced in advising and representing consumers and companies in matters arising from complex banking and finance disputes.

They have a particularly strong focus on disputes arising from breach of finance agreements, confidentiality, fraud and statute. The team is one of the most experienced in the area and has the well-earned reputation as one of the leading claimant firms for claims relating to financial services companies and civil fraud, regularly acting in domestic institutional and multi-jurisdictional litigation. The breadth and depth of knowledge of the team is well recognised by peers and market leading and brings the team against major City firms. Our banking and finance litigation lawyers also work with the firm’s clients to address regulatory concerns, investigations, and risk mitigation.

Members of the team handle all types of disputes and have extensive experience in:

• Arbitration
• Contract
• Corporate governance
• Financial Services and Markets Act and banking more generally
• Regulators
• Fraud
• Mergers and acquisitions
• Professional liability
• Trusts

Recent and ongoing representative work includes:

• Advising a group of 140 Claimants in relation to their claim for damages and interest against various truck manufacturers, following a finding by the European Commission of a price-fixing cartel.
• Upham & Others v HSBC UK Bank PLC (Commercial Court, ongoing) – acting the claimants in a £1.3 billion claim in deceit, conspiracy, dishonest assistance and breach of FSMA 2000 against HSBC for its part in structuring partnerships to invest in Disney films. The proceedings are one of the Lawyers’ The Top 20 cases of 2024.
• Investors v Clydesdale Financial Services (Barclays Partner Finance) (Business List (ChD), ongoing) – acting for a claimant group arising from the mis-selling of finance products and pursuing claims for misrepresentation and under consumer credit legislation.
• Crown Holdings (London) Limited (In Liquidation) – acting for creditors of the collapsed Ponzi scheme, Crown Currency Exchange, in pursuing their claims. Instruction entailed advice in relation the ways creditors may recover funds form the company, its directors and third parties, culminating in declaration that monies where held on trust for our clients.
• The team is further instructed to investigate commercial claims against Google and Facebook, as well as Visa and Mastercard, and acted in a landmark case on VAT charges in the gig-economy for the well-known social media platform ‘OnlyFans’ in the Court of Justice of the European Union (Fenix International Ltd v Commissioners for Her Majesty’s Revenue and Customs (Case C-695/20).