// Home / Profiles

Andrew Hill

Partner

telephone: +44 (0)20 7614 2551
email: ahill@foxwilliams.com
vcard: add to your contacts

Andrew specialises 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 is at the forefront of developing securities litigation in the UK, identifying potential recovery opportunities for shareholders in UK public companies. He drove the launch of the UK’s first such claim against a PLC for issuing allegedly untrue or misleading statements to the market – the high profile +£400million case against Tesco PLC for a large group of institutional investors, following Tesco’s admission of a profit overstatement in late 2014. The Tesco case was ranked as one of The Lawyer’s Top 20 cases for 2017. 

Andrew has substantial experience in acting on third party funded cases, and of considering innovative alternative fee arrangements with clients and funders, enabling institutional investors to participate in securities litigation with no downside risk or no cost to their balance sheet.

As well as his securities experience, Andrew has an established credibility and track record in acting for both claimants and defendants across the financial services, institutional investment, manufacturing and energy and natural resources sectors, in both the UK and in Australia. Andrew was recently recognised in the Legal 500 UK 2019 rankings as a ‘highly rated advisor’ for Commercial Litigation. In addition to the Tesco case, his notable cases have included:

  • Advising a publicly listed online trading and investments provider to protect itself from large-scale potential actions for damages from multiple clients in Italy.
  • Advising and successfully representing a group of 16 European institutional investors in a ‘UK-first’ highly complex and challenging claim for damages against a ratings agency, as well as the arranging bank, for the more than €250million in losses they suffered as a result of the collapse of the complex 10 year fixed income financial products which the bank had sold to them with a coveted AAA rating. This followed the ground-breaking finding by the Federal Court of Australia that a rating agency (S&P) owed a duty of care to the ultimate investors in the structured products which it rated. A confidential settlement was reached in the UK after two complex mediations.
  • Defending and successfully resolving a +€40million enforcement action 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.
  • Protecting 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.
  • Defending and successfully resolving a +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.
  • Winning 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.

Prior to joining Fox Williams, Andrew was a partner at Stewarts, the UK’s largest litigation-only law firm. Andrew is dual-qualified in the UK and Australia, having worked at global law firm Baker McKenzie in Sydney before relocating to London.


Related news

Group litigation orders: Sharing the spotlight – Gavin Foggo and Andrew Hill write in New Law Journal more
Gavin Foggo and Andrew Hill write in The Law Society Gazette: Securities litigation - the third limb more
Fox Williams’ technology experts respond to consultation on cryptoassets, distributed ledger technology and smart contracts more
Fox Williams significantly strengthens offering in securities litigation with appointment of Andrew Hill more

Andrew Hill image

 

icons Addthis Print Contact Register

Contact

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

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