Banking & finance disputes
Disputes in the banking and finance sector are inevitable,
particularly in the current economic climate. Novel and complex
financial products and structures have proliferated in the last few
years, particularly in the structured finance, derivatives and
asset management spheres. Some of these products are now being
examined in the most difficult economic circumstances leading to
disputes. At best disputes are an unwelcome distraction; at worst
they can threaten the future of an organisation.
Banking and finance disputes often involve an international
dimension, and the possibility of litigation in more than one
jurisdiction. The consequences of a particular course of action
need to be thought through carefully with an eye on the involvement
of regulators, sometimes in one or more jurisdiction.
Our service
We have three partners and a team of associates working full
time on disputes in the banking and finance sector. Where products
are unfamiliar, we are able to draw on the experience of our
well-developed non-contentious financial services practices, so we
can provide timely, practical and confident advice to our clients,
focusing on the key commercial issues at stake.
Our finance disputes team frequently deals with high-profile
disputes, where it is necessary (or desirable) to deal with press
interest. Sometimes this involves quick resolution, on advantageous
terms, away from the public gaze, using alternative dispute
resolution techniques such as mediation. However, where litigation
is unavoidable or desirable, our clients can rely on our practical
advice and our enviable track record of obtaining favourable
conclusions.
Our partners specialise in banking and finance regulatory
issues, frequently handling the possibility of litigation or
regulatory issues in more than one jurisdiction (including in the
US). We are not restricted by the stricter US conflicts of
interest rules and have no problem with suing financial
institutions per se.
Our experience
We have considerable experience in:
- structured finance and derivatives
- investment management
- misselling
- trade finance
- regulatory issues
- insolvency and fraud issues
- enforcing security and other enforcement issues