Banking & Finance
Adept at handling a broad range of banking matters, 4 Stone Buildings offers experience in financial cases with aspects of insolvency, fraud and regulation. Its practitioners are skilled in wider aspects of company law, commercial chancery matters and derivative contract disputes. Liquidators, bond trustees, noteholders and shareholders are amongst those clients frequently represented by the set, both domestically and internationally. Recent work has included the Supreme Court appeal of Singularis Holdings v Daiwa Capital Markets, which concerned a bank’s responsibility when making possible fraudulent payments on behalf of a client. Sources note that the set “consistently produces good chancery barristers who are superb at handling complex financial litigation.”
Client service: “The clerks at 4 Stone Buildings are a really friendly and very efficient group.” David Goddard is the senior clerk at the set.
Jonathan Crow QC
Impressive silk with expertise in handling a wide array of commercial litigation and public law cases at all levels of court. He acts in fraud and FCA-related cases along with insolvency and offshore disputes.
Strengths: “He has accumulated an amazing amount of experience and as a result he knows how to handle judges in the higher courts.” “He is a standout advocate and it’s brilliant when you have him on your side.”
Recent work: Acted for the respondent in Singularis Holdings Limited v Daiwa Capital Markets Europe Limited, an important Supreme Court case that raised fundamental questions of banking law. The key issue was whether the fraudulent knowledge and intention of a director are to be attributed to the company (the bank’s corporate customer), thereby depriving the company of a cause of action against the bank.
Robert Miles QC
Leading barrister with a stellar practice who acts in significant financial disputes in company and banking law and has complementary experience as a Deputy High Court Judge. He handles damages claims as well as cases with offshore elements for a wide array of clients, and has additional expertise in matters concerning the redemption of capital notes.
Strengths: “One of the best advocates around. He’s extraordinarily bright and very measured in his approach.” “A top advocate of choice, who is very calm and very thoughtful, and someone who gets on well with people.”
Recent work: Acted in the Hewlett-Packard litigation against former Autonomy Corporation CEO Michael Lynch. This was a substantial damages claim relating to the acquisition of Autonomy by Hewlett.
Richard Hill QC
Accomplished practitioner with experience in a wide array of banking, company and insolvency issues. He acts in matters relating to misselling disputes and damages claims, and also has solid experience in arbitration proceedings.
Strengths: “He is a wonderful barrister to work with and is able to quickly assimilate very complicated facts.”
Recent work: Acted for a group of Lloyds Bank shareholders in their claim against the bank and its former directors concerning the acquisition of HBOS and alleged misrepresentation surrounding this.
Andrew de Mestre QC
New silk with strong expertise in handling a range of commercial and financial disputes for clients including corporate trustees, bondholders and fund managers. He acts at all court levels in cases involving fraud, bond disputes and insolvency claims.
Strengths: “He is super bright and has an encyclopaedic memory.” “He is a really strong, creative thinker when it comes to looking at problems.”
Recent work: Acted for Italian bank Banca Nazionale del Lavoro against Playboy Club in a case concerning alleged claims of negligence resulting in fraud by a rogue gambler.
Highly skilled practitioner who has solid experience of acting for a wide range of clients, from investment banks to institutional investors. He co-ordinates cases concerning LIBOR manipulation, misselling claims and derivative issues, and also handles matters with offshore elements, including in the Middle East.
Strengths: “He is brilliant and is both incredibly diligent and exceptionally bright.” “Sharif is a really excellent junior who is very thorough and hard-working. He always displays huge attention to detail.”
Recent work: Acted before the Dubai International Financial Centre Courts in Al Khorafi v Bank Sarasin-Alpen, a case concerning the misselling of investment products.
Proficient junior appearing both led and unled in a wide variety of financial matters. He has skills in managing cases relating to LIBOR and EURIBOR manipulation, and acts on both the claimant and defendant side.
Strengths: “His advice is both practical and strategic and you can trust it completely.” “Alastair is very creative in his approach to cases.”
Recent work: Acted for Unitech Global and others against Deutsche Bank. The case concerned claims relating to LIBOR manipulation, swaps misselling and syndicated loan arrangements.