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