Andrew Hill opens a new window

Partner


I am the head of Fox Williams' dispute resolution team and lead our securities litigation practice. I specialise in complex, cutting edge, and high value commercial litigation, with a focus on group actions or 'class actions' for major international finance institutions and sophisticated institutional investors.


Andrew has been at the forefront of developing securities litigation in the UK since 2014, identifying potential recovery opportunities for shareholders in UK public companies and bringing claims on their behalf against 6 PLCs.

Andrew drove the launch of the UK’s first such claim, the high-profile case against Tesco PLC for a large group of institutional investors, following Tesco’s admission of a profit overstatement in late 2014 (at his previous firm, Stewarts). That case received widespread press coverage until it settled successfully in 2020, after he joined Fox Williams, where he then launched a second securities litigation claim against Tesco arising out of the same facts, for a larger group of institutional investors, which settled successfully in September 2021.

Andrew is currently leading Fox Williams’ major securities litigation claims against:

  • Glencore PLC: for more than 200 institutional investors, arising out of the coordinated global settlement by Glencore in 2022 of an array of investigations brought against it and its group companies by the US DoJ, the UK SFO and other agencies, which has so far seen them pay more than £1billion in penalties, for admitted bribery and corruption on a global scale.
  • Petrofac Ltd: together with Fox Williams’ partner, Matthew Reach, Andrew spearheaded the launch of the securities litigation claim against Petrofac Limited, for more than 70 institutional investors. This case arises out of the guilty pleas entered by Petrofac to seven counts of breach of the UK’s Bribery Act in October 2021, for Petrofac’s bribery and corruption over a sustained period of many years from October 2011.
  • Boohoo Group PLC: Andrew is acting for over 50 institutional investors in a £140 million High Court group action against Boohoo Group over misstatements and delays in its published information in one of the UK’s first shareholder claims focusing on supply chain governance and workers’ rights.
  • Entain PLC: Andrew is acting for over 30 institutional investors in a £300 million group action against Entain following its £615 million DPA with the CPS in December 2023, alleging FSMA breaches linked to undisclosed bribery in its Turkish operations.

Andrew and the Fox Williams securities litigation team are currently building their next securities litigation claim for institutional investors, against BAT PLC. Each of these cases has a governance and stewardship focus, which is consistent with Andrew’s belief that securities litigation is a tool which investors should use when necessary to hold the companies in which they invest to account.

Andrew is dual-qualified in the UK and Australia, having worked at global law firm Baker McKenzie in Sydney before relocating to London in 2012.

To contact Andrew or for more information…

Call: +44 (0)20 7614 2551
Email: ahill@foxwilliams.com
Mobile: +44 (0)7901 007 188

My legal expertise

  • Securities litigation
  • Group/class actions
  • Complex commercial litigation

Experience

  • Advised certain subsidiaries of a Russian mining and metals group listed on NYSE and their Swiss lawyers with respect to potential English law claims and remedies to which they might be entitled (in Swiss litigation and potential English litigation), after becoming embroiled in attempts made by another party to make the clients accountable for a c.US$100million debt owed to that party by a bankrupt Swiss entity.

  • Advised a publicly listed online trading and investments provider to protect itself from large-scale potential actions for damages from multiple clients in Italy.

  • Defended and successfully resolved a $140million investor class action in Australia, including obtaining Court approval for the settlement on behalf of the defendant trustee company/bank subsidiary, in what was the first class action of its type in the Australian financial services industry.

  • Protected a US hedge fund’s strategic negotiating position by co-ordinating and taking a hard-fought, factually intensive jurisdiction challenge to hearing in the Commercial Court, including managing the client’s UK and US legal teams.

  • Won an appeal before the full Court of the High Court of Australia (Australia’s highest appellate court), after ten years of hard-fought litigation on related issues for the defendant off-shore private bank.

  • Defended and successfully resolved a €40million enforcement action brought against an Indian and Portuguese automotive component parts manufacturing conglomerate by a syndicate of banks, including playing a key role in the successful refinancing of the group by Portuguese and Italian private equity investors.

  • Acted for a group of 16 institutional investors against McGraw Hill International (trading as Standard & Poor’s) and RBS Bank NV (previously ABN Amro Bank NV), arising out of the sale by ABN Amro in 2006 of exotic structured financial products called CPDOs, to which S&P had given its AAA rating. The investors included apoBank and WGZ Bank of Germany, UNIQA of Austria, a number of Swiss cantonal pension funds, and Northern Rock Asset Management, part of the UK Asset Resolution Group.

 

Latest

To contact Andrew or for more information…

Call: +44 (0)20 7614 2551
Email: ahill@foxwilliams.com
Mobile: +44 (0)7901 007 188

Related events