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Our experience

Commercial fraud, corruption and asset tracing

  • We acted for a Japanese company in a multi-million pound High Court claim against former directors, advisers and UK and British Virgin Islands companies for damages for loss suffered and the return of shares misappropriated by those directors and advisers. The case involved breaches of fiduciary duties (including fraudulent misrepresentation), breach of trust, dishonest assistance, conspiracy and equitable tracing. There were a large number of interlocutory injunctions, and the case was settled successfully just before trial.
  • We acted for a listed UK company in a multi-million dollar High Court claim against two of its directors for breach of their fiduciary duties (including fraud claims) and duty of care. The case involved numerous cross-border interlocutory injunctions (in respect of the US and Canada) obtained by our client, and was successfully settled.
  • We acted for a BVI company in numerous High Court interlocutory injunctions for breach of fiduciary and contractual duties, fraud, dishonest assistance, and conspiracy. This multi-million pound, multi-jurisdictional case involved claims in a UK arbitration, the UK High Court, Kazakhstan, the Supreme Court of New South Wales (Australia), the Bahamas, the BVI, Switzerland, Colorado and Florida.
  • We acted for two BVI companies in a Commercial Court claim worth US$1.2 billion brought by a state-owned Kazakh bank against 15 defendants.  Following an 11 day hearing our clients and 6 other defendants successfully challenged the jurisdiction of the English Court. 

Anti-trust, corporate governance and breach of directors’ / employees’ duties

  • We acted for the founding shareholders of a fast-growing UK company in bringing a derivative claim against some of the directors for breach of fiduciary duty and the duty of care. The case was successfully settled.
  • We acted in a multi-million pound derivative action, in which we acted for 50% of the shareholders bringing an action in the company's name against a director for breach of his fiduciary duties. The case was settled successfully.
  • We are currently acting in a derivative claim issued on behalf of a limited liability partnership against two of the limited liability partnership's members in respect of profits and capital contributions which appear to have been diverted from the limited liability partnership by those members. The derivative claim includes claims for breach of trust, knowing receipt and dishonest assistance.
  • We acted for a foreign listed Bulgarian fund in a multi-million pound claim against its former management company and the former CEO of the management company for fraudulent misrepresentation relating to the value of invested land  The claim was one of a number of claims brought (outside of the UK) by the claimant against individuals and companies connected to the defendants. The commencement of the English proceedings quickly encouraged the parties to reach a global settlement in respect of all ongoing litigation.

Breach of contract, including transactional claims / breach of warranty

  • We acted for the purchasers in a multi-million pound breach of warranty case, involving accounting covenants, which was successfully settled during trial.
  • We advised a firm of independent financial advisers on a wide-ranging dispute with one of its former appointed representatives over monies owed after the termination of an Appointed Representative Agreement. Amounts in dispute relate to commissions, the novation of agency contracts and various contractual costs.  The case settled successfully for the client part-way through trial.
  • We act for a Liechtenstein company in relation to its claim, worth tens of millions of pounds, against a Russian steel manufacturer for delivery up of industrial equipment or damages.  The causes of action include breach of contract and conspiracy to injure.

Insurance disputes

  • We acted for a policyholder in two international multi-million pound insurance coverage disputes involving electrical power lines and infrastructure in the Middle East.

Reported cases

Brandeaux Advisers (UK) Ltd v Chadwick [2010] EWHC 2370 (QB)
We successfully represented an investment advisory company to a fund manager of funds specialising in reversionary interests and student accommodation, in a widely reported case against its former senior compliance officer. The High Court held that the senior employee was in repudiatory breach of contract and breach of trust by transferring a vast array of highly confidential and sensitive information belonging to her employer to her personal email address during the course of her employment. The High Court agreed that the employer was entitled to summarily dismiss the senior employee and rejected the senior employee’s argument that she planned, and was entitled, to use the confidential information for self-protection should a regulatory or employment dispute arise against her in the future.

Tele2 International Card Company and Others) v Post Office Limited [2009] EWCA Civ 9

Acted for three subsidiaries of Tele2 AB (a company listed in Sweden on the Stockholm Stock Exchange) in connection with their substantial claim against the Post Office Limited for breach of contract.  The case went to the Court of Appeal and created new law on ‘no waiver’ clauses.

UBS Wealth Management (UK) Ltd v Vestra Wealth LLP [2008] EWHC 1974 (QB)
We acted for Vestra Wealth LLP against UBS Wealth Management in one of the largest team moves seen in the City of London and in respect of which UBS issued an application for injunctive relief to prevent the move from happening.  The principles derived from this case are now routinely used by both parties wishing to orchestrate a team move and parties wishing to prevent them.

IFE Fund SA v Goldman Sachs International [2006] EWHC 2887& [2007] EWCA Civ 811

We are one of only a handful of City law firms which is generally conflict free in claims against the banks.  The firm acted for IFE Fund SA (a leading Belgian investment fund) in both High Court and subsequently Court of Appeal proceedings against Goldman Sachs International in a well publicised case.  The case attracted a significant amount of interest because of its relevance to credit crunch related bank mis-selling claims.
 
Sea Trade Maritime Corp v Hellenic Mutual War Risks Association (Bermuda) Ltd (The Athena) [2006] EWHC 2530 (Comm)

We acted for the Claimant in Sea Trade Maritime Corporation v Hellenic Mutual War Risks Association (Bermuda) Limited 1 ("The Athena"), which is one of the leading cases on the incorporation of arbitration clauses, jurisdiction and conflict of laws.

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Contact

tel: +44 (0) 20 7628 2000
10 Finsbury Square, London, EC2A 1AF
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Accreditations

  • Top Ranked Chambers UK 2014 - Leading Firm
  • Ranked in Chambers Europe 2013 - Leading Individual
  • Ranked in Chambers Global 2014 - Leading Firm
  • Legal 500 - Leading Firm
  • The Lawyer UK 200 - Listed Firm
  • The Law Society Excellence Awards 2012 - Shortlisted
  • Investors in People - Bronze