XXIV Old Buildings - Leading Commercial / Chancery Barristers

Barristers at XXIV Old Buildings advise and provide specialist advocacy on a wide range of financial matters. 

This includes matters concerning claims relating to the mis-selling of financial products, property development financing, hedge fund and structured investment vehicle work, international insolvencies involving banks and financial institutions and claims against financial institutions relating to financial mismanagement amongst others. 

They are frequently instructed to represent a diverse range of clients in the banking and financial services sector, including commercial lenders, payment service providers, banks, and financial institutions, such as the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). Members have experience advising investors, investment advisors, liquidators, banks, offshore spread betting companies, and internet gambling companies in relation to complex financial issues. 

Members of Chambers have been involved in matters across all the UK court system including in the Court of Appeal, the Upper Tribunal and the Commercial Court as well as having a strong international practice, principally concerning offshore matters and the Middle East particularly acting in matters before the DIF.

  • collective investment schemes, such as land banking schemes, film schemes and tax schemes
  • prospective creditor claims
  • negligent mis-selling of structured products and other investments
  • enforceability of debts arising under contracts entered into in breach of the general prohibition under the FSMA
  • trading debts founded on spread bets and other contracts for differences based on stock, commodity, foreign exchange and other markets
  • drafting standard terms of engagement for spread betting and foreign exchange businesses
  • financial promotions
  • judgments obtained in US states with anti-gambling statutes
  • disputes relating to various investment transactions

XXIV Old Buildings also has extensive experience of hedge fund and structured investment vehicle work, including:

  • redemptions
  • financial collateral arrangements
    • Securitised
    • Asset transfer
  • investment management
  • OTC derivatives contracts
  • fund administrators
  • fund custodians
  • fund directors
  • fund trustees
  • insolvency
  • regulation
  • banking
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Contact the practice management team

For more information on our members’ expertise or to discuss a particular matter, please contact us.
+44 (0)20 7691 2424
[email protected]

“The clerks at XXIV Old Buildings are quite responsive and user-friendly.”

Related Areas of Expertise

Notable Banking & Financial Services Disputes Cases

Privy Council judgment concerning the proper approach to establishing a duty of care (in tort or contract) to prevent theft. After having paid out the insurance claim, the Appellant brought a claim in the tort of negligence and contract against the Respondent owner of the marina.

Court of Appeal case concerning time limitations of PPI complaints to the Financial Ombudsman.

Bermuda Supreme Court and Court of Appeal matter concerning a claim brought by a former prime minister of Georgia linked to an investment fraud by an ex-employee of Credit Suisse Private Banking.

Acting in a substantial matter in The Grand Court of the Cayman Islands and the Cayman Court of Appeal for a private investor against seeking to recover losses caused by breach of the bank’s fiduciary and other duties relating to promised investment returns and use of unauthorised leverage.

DIFC Court of First Instance case involving contempt of two worldwide freezing orders. 

Banking & Financial Services Disputes Barristers

Elspeth Talbot Rice KC

Call 1990 | Silk 2008

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Michael Black KC

Call 1978 | Silk 1995

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Stephen Moverley Smith KC

Call 1985 | Silk 2002

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Francis Tregear KC

Call 1980 | Silk 2003

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Edward Cumming KC

Call 2006 | Silk 2018

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Adam Cloherty KC

Call 2005 | Silk 2023

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Oliver Assersohn KC

Call 2003 | Silk 2024

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Owen Curry

Call 2009

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Hugh Miall

Call 2009

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Ben Waistell

Call 2015

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Alex Peplow

Call 2019

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James Kane

Call 2021

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Niamh Davis

Call 2022

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Tim Koch

Call 2022

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