Banking

We have rapidly established a reputation as one of the most skilful groups of banking advocates practising at the commercial Bar.

Not only do our barristers offer expert banking advice; they also have a knowledge and appreciation of the related insurance and professional negligence issues that often arise in banking disputes. We are instructed by financial institutions, including the ‘Big Four’ banks, their panel firms and conflict-free firms as well as international banks engaged in English litigation.

Members of our Banking team are regularly instructed in disputes relating to a wide range of standard form contracts and transactions, including:

• Credit default swaps
• Foreign exchange derivatives
• Freight forwarding contracts
• Interest rate derivatives
• Invoice discounting
• The ISDA Master Agreement
• The GMRA and GMSLA
• Total return swaps

4 Pump Court barristers tackle a wide range of claims and disputes incuding IRHP mis-selling disputes, claims from customers defrauded by third parties, claims under guarantees, claims arising out of the Tomlinson report, bank liability for third party investment schemes and the continuing proceedings arising out of PPI mis-selling. We are also  called on to advise in relation to regulatory issues involving the Financial Conduct Authority (FCA) and the Financial Ombudsman.

Working alongside our market-leading Technology practice, our Banking team advises on claims in the areas of cyber fraud and fintech,  including advice relating to the regulatory aspects of ICO’s and cryptocurrencies, litigation involving the return of stolen cryptocurrencies from digital currency exchanges and claims regarding the alleged flaws in an instrument-pricing algorithm. One of our Technology barristers is a member of the UK Jurisdiction Taskforce, and an author of  the ‘Legal Statement on Cryptoassets and Smart Contracts’, released by the LawTech Delivery Panel.