2017 ADDLESHAW GODDARD

Finance Litigation and Investigations They are very capable and on top of things, with a team that is good to work with. They have a good relationship with their clients, and are well organised.

CHAMBERS 2017 UK WHO WE ARE Clearing Debt banks portfolios Overseas banks

An established, specialist Exchanges and Investment Capital Markets finance litigation and banks investigations team

We advise across the financial services sector, acting for banks, Challenger asset managers, investors, and Consumer lenders banks building societies in relation to a broad range of disputes and investigations. AG We have been involved in some of the most important finance litigation cases and investigations of the last Trust and Hedge 10 years. Our broad experience Fiduciary Funds means we have significant specialist knowledge of financial products from straightforward retail products to the most complex and arcane structured Private Wealth Structured products and the markets for them. and Asset Products Management

Building Societies Asset Finance and Mutuals and Asset Based Lending

3 OUR TEAM

Our specialist team comprises 11 partners and 36 lawyers An excellent outfit. working out of all our offices. We therefore have the resources to handle disputes and investigations of all sizes The banks are always and complexity. We advise on international and cross border impressed with them and litigation and investigations, as well as domestic matters. We have extensive experience of alternative dispute resolution they are good value. procedures, including mediation.

CHAMBERS 2015 OUR APPROACH Especially strong expertise in relation We deliver partner led advice focused on solutions and to derivatives and outcomes. We take a practical and pragmatic approach. Lawyers are deployed from across our offices to provide structured financial teams that are cost effective and best meet client needs. product disputes, with Through a combination of legal expertise and commercial focus, we are able to assist our clients to minimise their legal an excellent recent risk, manage their legal spend and maximise the commercial record of acting in major outcomes of disputes and investigations whether at trial in litigation in the area. litigation or by way of commercial resolution.

CHAMBERS 2017

4 financial structured syndicated and trade investments lending sanctions pension derivative disputes products

conduct capital of banking markets business

asset leveraged managers assets claims against WE ADVISE ON international professional trade advisers

fraud and receivables asset tracing financing

restructuring regulatory and insolvency investigations

recoveries enforcement claims Financial actions Injunctive Ombudsman relief claims

5 DIFFERENTIATORS:

CONTROL

AG launched its market-leading CONTROL product in 2008. Designed to enable our clients to mitigate the cost of litigation and to reduce the uncertainty involved, including the impact it can have on a firm’s balance sheet. In 2017 we remain at the forefront of delivering different litigation funding solutions, including:

►► Conditional fee agreements ►► Third party funding

►► After the event insurance ►► Damage based agreements.

A FLEXIBLE DELIVERY MODEL: TRANSACTION SERVICES TEAM

We have a flexible and scalable delivery model which enables us to draw on the expertise of our Transaction Services Team, of approximately 150 paralegals. This team gives us the capability to deliver large and small-scale disclosure exercises and document reviews and handle portfolios of recovery work at significantly reduced cost. The TST team has pioneered the use of Artificial Intelligence and predictive coding in disputes and investigations to quickly identify, analyse and extract information from contracts and documentation, providing a significant edge to our clients. Volume recovery actions can also be managed via our HighQ system while also giving clients a portal to access real time updates, management information and share documents.

6 They’ve done some really big trials so are geared up well to do the big ticket work.

CHAMBERS 2016 - LITIGATION RECENT EXPERIENCE - LITIGATION ADVISING

Major UK bank on high profile litigation Clydesdale Bank in the arising from the collapse International financial Major clearing banks widely followed Office of of the US law firm Dewey institution, defending defending multiple claims Fair Trading’s test case on & LeBoeuf and the recovery a claim for €200m in a in relation to the alleged unauthorised overdraft charges of loans totalling US$56 structured securities mis-sale of interest rate that went to the Supreme million in the US and transactionl hedging products Court multiple other foreign jurisdictions

The Leipzig Water A major UK bank in their Authority (KWL) Portuguese bank Major successful claim which we defended at in relation to a trade building society trial against claims brought against UniCredit Bank finance transaction and a on claims relating by UBS and two other banks AG and UniCredit Bank dispute about the autonomy to commercial in a complex structured Austria AG for €80 million of SBLCs and scope of the fixed rate loans credit derivatives dispute “fraud exemption.” The under structured credit valued at €350 million; we case went to the Court transactions are responding to the of Appeal banks’ appeal

8 RECENT EXPERIENCE - INVESTIGATIONS ADVISING

A global entity in An Inter-dealer broker A major UK bank in respect of enforcement A senior trader in relation defending enforcement enforcement proceedings proceedings brought by to an FCA investigation into action by the FCA and brought by the FCA the FSA in relation to a alleged market abuse in the CFTC in relation to concerning the sale of failure to have proper ABC fixed income market LIBOR manipulation residential mortgages procedures in place

A Recognised A global retail bank A large consumer credit Investment Exchange An AIM listed company in respect of money buiness in relation to a in relation to a two year in relation to a LSE laundering issues, liaising contested application for FCA investigation culminating in investigation with law enforcement as authorisation the largest fine imposed by required an investment exchange

9 FINANCE LITIGATION AND INVESTIGATIONS

11 PARTNERS

36LAWYERS 150 PARALEGALS Addleshaw Goddard’s UK offices in Aberdeen, Edinburgh, Glasgow, Leeds, London and Manchester.

10 TEAM

FINANCE LITIGATION AND INVESTIGATIONS - TEAM

MICHAEL BARNETT SALLY EMERTON Divisional Managing Partner Partner - Head of Financial Litigation +44 (0)20 7544 5302 michael.barnett@ +44 (0) 113 209 2345 addleshawgoddard.com sally.emerton@ addleshawgoddard.com Acerent aut harumet, volorem

Michael heads up our overall litigation practice. He is also a Sally leads the adigentfinancial services odi sector nesere at Addleshaw sume Goddard ex specialist in financial markets disputes, having acted in some and is also Headeos of the sam,Finance Litigationqui que team rerum nationally. Sheut of the most high-profile and complex cases of recent years specialises in all aspects of banking and finance litigation and for financial institutions and other market participants, trade dispute resolutionquis but hasut particularreperrovid expertise inquuntur, asset finance counterparties and investors. litigation. utem utemolorro ma quat.

CHAMBERS TBC...

11 RICHARD CLAYTON MARK GILL IAN HASTINGS Partner Partner Partner

+44 (0)20 7160 3225 +44 (0)20 7544 5339 +44 (0)113 209 2299 [email protected] [email protected] [email protected]

Richard has more than 20 years’ Mark has close on 40 years’ experience Ian specialises exclusively in financial experience specialising in finance and in advising banks and financial institutions services litigation and client relationship investment disputes and contentious on issues and in acting for them in management. His experience of large regulatory work acting for banks, asset significant litigation. and/or thematic litigation includes bank managers, hedge funds and pension charges regarding current accounts, the funds in domestic and cross-border test case on Section 79 of the Consumer cases involving a range of lending and Credit Act and interest rate and FX investment products including structured hedging. products.

12 LYNSEY WALKER BEN LOWANS HAROLD BRAKO Partner and Solicitor Advocate Partner Partner

+44 (0)131 222 9496 +44 (0)113 209 2548 +44 (0)161 934 6013 [email protected] [email protected] [email protected]

Lynsey specialises in banking, finance and Ben specialises in finance litigation Harold specialises in banking and finance insolvency litigation. She has particular and fraud. Ben’s experience involves litigation, with particular expertise in expertise in specialist recoveries, providing all aspects of finance litigation, be it asset based lending and receivables advice to banks, loan funds and insolvency bringing or defending claims for financial financing. He advises clients in relation to practitioners. Lynsey understands the services clients. His experience includes all aspects of dispute resolution including commercial realities faced by clients enforcement and recovery actions, claims for and against lenders, fraud having been seconded in-house to one defending mis-selling claims, disputes claims and asset recovery involving of the commercial banks. She is also a regarding appointment of LPA Receivers, urgent injunctive processes, contractual Solicitor Advocate and regularly represents injunctive actions, discrimination claims, / commercial disputes, reviews and her clients in Court, as well as having a fraud claims and dealing with complaints, enforcement of security and insolvency successful track record settling disputes at including those made to the financial proceedings. mediation. ombudsman service.

13 JAMES HERRING NICHOLA PETERS CHRIS BRENNAN Partner Partner Partner

+44 (0)20 7160 3980 +44 (0)20 7160 3370 +44 (0)20 7160 3244 [email protected] [email protected] [email protected]

James specialises in finance disputes Nichola is a Partner in the Investigations Chris is a partner in the Investigations advising financial institutions on a team specialising in advising corporates, team specialising in regulatory wide range of contentious matters. His directors and senior management on investigations and enforcement. He expertise includes mis-selling claims financial and corporate crime issues. Key has experience across a broad range (in relation to financial products), areas involve advising on and carrying of financial markets gained both as a claims relating to lending and security out investigations relating to corruption, partner and as an in-house lawyer. His issues, letters of credit, derivatives sanctions, money laundering, terrorist former roles include Head of Regulatory and structured products as well as financing, extradition, information security for Lloyds Banking Group, General professional negligence claims. and fraud issues. Counsel for a global inter-dealer broker and a senior lawyer within the FSA’s Enforcement division.

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© 2017 Addleshaw Goddard LLP. All rights reserved. Extracts may be copied with prior permission and provided their source is acknowledged. This document is for general information only. It is not legal advice and should not be acted or relied on as being so, accordingly Addleshaw Goddard disclaims any responsibility. It does not create a solicitor-client relationship between Addleshaw Goddard and any other person. Legal advice should be taken before applying any information in this document to any facts and circumstances. Addleshaw Goddard is an international legal practice carried on by Addleshaw Goddard LLP (a limited liability partnership registered in England & Wales and authorised and regulated by the Solicitors Regulation Authority and the Law Society of Scotland) and its affi liated undertakings. Addleshaw Goddard operates in the Dubai International Financial Centre through Addleshaw Goddard (Middle East) LLP (registered with and regulated by the DFSA), in the Qatar Financial Centre through Addleshaw Goddard (GCC) LLP (licensed by the QFCA), in Oman through Addleshaw Goddard (Middle East) LLP in association with Nasser Al Habsi & Saif Al Mamari Law Firm (licensed by the Oman Ministry of Justice) and in Hong Kong, Addleshaw Goddard (Hong Kong) LLP, a Hong Kong limited liability partnership pursuant to the Legal Practitioners Ordinance and regulated by the Law Society of Hong Kong. In Tokyo, legal services are offered through Addleshaw Goddard’s formal alliance with Hashidate Law Offi ce. A list of members/principals for each fi rm will be provided upon request. The term partner refers to any individual who is a member of any Addleshaw Goddard entity or association or an employee or consultant with equivalent standing and qualifi cations. If you prefer not to receive promotional material from us, please email us at unsubscribe@ addleshawgoddard.com. For further information please consult our website www.addleshawgoddard.com or www.aglaw.com. 11232