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Banking Overview

We have a strong and growing reputation as one of the leading sets of chambers for banking and financial services litigation.  Several members of Serle Court are recognised in the directories as leading practitioners in this area and our members have participated (sometimes on opposing sides) in some of the main banking and financial services cases of recent years, including the RBS Rights Issue Litigation, the Bank Charges Litigation, cases arising out of the collapse of Lehman Brothers and many mis-selling cases including JP Morgan Chase v Springwell Navigation Corp.

Members of Serle Court act both for and against banks and financial services companies, and have experience in a wide range of banking transactions, instruments and types of dispute.

Our banking and financial services clients often appreciate our ability to couple expertise in those fields with expertise in other areas that may be relevant, such as insolvency, trusts, regulatory issues and fraud/asset recovery.


Directories

Chambers & Partners 2017

SILKS 

David Blayney QC
Has a growing reputation in silk as a highly technically capable banking lawyer who is involved at the centre of some of the most significant cases in the field. He is also noted for his expertise in relation to commercial chancery, company law and partnership disputes. 
Strengths: "He is an unusually intelligent lawyer, excellent in terms of pulling out knotty, intricate problems." "He has the very unusual combination of being fantastic on detail while also being able to see the bigger picture. He has brilliant tactical judgement." 
Recent work: Acted as a key figure in the team of silks and juniors defending RBS and its former directors in the rights issue litigation. 

Philip Marshall QC
Highly experienced silk with a wide-ranging practice centred on commercial matters heard in the Chancery Division. He focuses on complex disputes turning on issues of company law, civil fraud and insolvency as well as banking and finance. 

Strengths: "Philip is a superb advocate who balances aggression with excellent judgement. A first choice if the case requires a barrister to get across the detail." "A real fighter who is very tenacious." 
Recent work: Appeared in the dispute between BTA Bank and Mukhtar Ablyazov. 

JUNIORS

Simon Hattan
Enjoys a growing reputation as an accomplished banking junior with a practice that has seen him appear in a number of headline cases of recent years. He has further noted expertise in contentious financial regulatory matters. 
Strengths: "An excellent choice for regulated matters or those involving fraud. Offers robust advice and has the ability to identify the issues that must be resolved." "One of the best banking juniors around, he is very down-to-earth, pragmatic and sensible." 
Recent work: Acted as part of the defence team representing RBS and four of its former directors in the rights issue litigation. 

Legal 500 2016

Serle Court comes highly recommended for its expertise in commercial and Chancery-related banking disputes. Several members are involved in the RBS rights issue litigation, while other key mandates include Carlyle Capital v Conway and RBS v Dongbu Insurance.

David Blayney QC - 'A fabulously clever barrister with poise, excellent judgement and disarming humility.'

Dominic Dowley QC - ‘He is very user-friendly and has an ability to persuade judges in court.’ 

Elizabeth Jones QC - ‘A supremely stellar talent, who is outstanding as an advocate and as a team player.’ 

Philip Marshall QC - ‘Charming with clients and also very clear.’

Andrew Bruce - ‘A very good banking junior.’ 

Simon Hattan - ‘He has an unrivalled understanding of the banking industry and financial concepts’

News

13.02.2017

Leading Chancery and Commercial set Serle Court announces the return... more

23.01.2017

The Lawyer has published its Top 20 Cases of 2017... more

21.09.2016

We are delighted that Serle Court has received two nominations... more

10.03.2015

The latest edition of SerleSpeak is now available to download... more

30.10.2014

The latest Chambers & Partners directory was published on 30... more

01.10.2014

The 2014 Legal 500 directory was published on 1 October... more

06.01.2014

The Lawyer has published its Top 20 Cases for 2014... more

10.01.2013

  The Lawyer has published its Top 20 Cases of... more

26.10.2012

We're delighted to announce that at last night's Chambers and... more

20.09.2012

We have had another excellent set of results in the... more

11.09.2012

We are delighted that David Blayney has been nominated at... more

21.09.2011

In the new edition of the Legal 500 directory, Serle... more

07.09.2010

In the new edition of the Legal 500 directory, Serle... more

09.09.2009

In the new edition of the Legal 500 directory, Serle... more

Notable Cases

Wyatt v Royal Bank of Scotland

Acted for the guarantor of debts of a company which... more

Greenwood & Ors v Goodwin & Ors

The ongoing group litigation relating to the £12bn rights issue... more

Bank of St Petersburg v Vitaly Arkhangelsky & Anor [2014] EWCA Civ 593, [2014] EWHC 695 (Ch.), [2014] EWHC 574 (Ch.)

A claim to enforce a series of guarantees afforded to... more

JSC BTA Bank v Mukhtar Ablyazov, Zharimbetov & Ors

Large fraud trial in which the Bank successfully obtained Judgment... more

Access Bank plc v Akingbola [2012] EWHC 1124 (Comm)

The case involved a fraud claim against the former Chief... more

Lexi Holdings v Pannone

Philip Marshall QC and Ruth Holtham continued to appear on... more

JP Morgan Chase Bank v Springwell Navigation Corporation [2008] EWHC 1186 and 1793 (Comm)

A mis-selling claim against a bank relating to a US$600m... more

North Shore Venture v Anstead Holdings [2010] EWHC 1485 (Ch); [2011] EWCA Civ 230; [2010] EWHC 910 (Ch)

Acting for the defendants in a case which raises important... more

Tchigirinski v Orton Oil

Philip Marshall QC led Ruth Holtham for the Defendant, Orton... more

Royal Bank of Scotland Group plc v Winterthur (UK) Holdings Ltd

A £37m claim for breach of warranty and fraudulent misrepresentation... more

National Westminster Bank v Rabobank [2007] EWHC 1742

Decision on circumstances in which implied misrepresentation can arise between... more

Redwood Master Fund v TD Bank Europe Ltd [2006] BCLC 149

Claim by vulture funds that majority banks' decision in syndicated... more

SAMA v Dresdner bank [2005] 1 Lloyds Rep 12, CA

Set off arising out of syndicated loan more

Bank of Ireland v AMCD Property Holdings and others (2001) 2 All ER (Comm) 894

The claimant sought summary judgment in relation to an advance... more


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