Practice area
Banking & Financial Markets
Commercial Court · Financial List · Court of Appeal
The documents usually decide it. We read them before we advise.
All practice areas
Partner in charge
What the work is
Facility disputes, events of default, derivatives close-outs and security enforcement, acting for lenders and for borrowers in roughly equal measure.
These cases turn on the documents far more often than on the commercial background. We read the whole file before we advise, which is slower at the start and considerably faster afterwards.
Close-out disputes are usually valuation disputes wearing a contractual argument. The mechanics in the ISDA definitions, and whether they were followed to the letter on the day, matter more than what either party thought the trade was worth.
Acting for lenders and for borrowers in roughly equal measure keeps us honest about how these arguments land. We know which default provisions a court treats as mechanical and which it will read down, because we have argued both sides of them.
Regulatory interest often follows a market dispute, and the two cannot be run in isolation. What is said in a pleading is read later by the regulator, and we draft on that assumption from the outset.
Typical matters
Facility agreement disputes, events of default and acceleration
Derivatives close-outs and ISDA valuation disagreements
Mis-selling and suitability claims brought by sophisticated counterparties
Security enforcement and priority disputes between lenders
Reported decisions in this area
A first conversation
Tell us what happened. We will tell you whether it is worth fighting.
A partner reads every enquiry and takes the first call. You will hear back within one working day, and within a week you will have a written view on the merits and the likely cost.
★★★★★
Band 1 · Commercial Litigation
For urgent injunctions and freezing relief out of hours, call +44 7700 900118. Answered by a partner, not a service.
Put a matter to us
Practice area
Banking & Financial Markets
Commercial Court · Financial List · Court of Appeal
The documents usually decide it. We read them before we advise.
All practice areas
Partner in charge
What the work is
Facility disputes, events of default, derivatives close-outs and security enforcement, acting for lenders and for borrowers in roughly equal measure.
These cases turn on the documents far more often than on the commercial background. We read the whole file before we advise, which is slower at the start and considerably faster afterwards.
Close-out disputes are usually valuation disputes wearing a contractual argument. The mechanics in the ISDA definitions, and whether they were followed to the letter on the day, matter more than what either party thought the trade was worth.
Acting for lenders and for borrowers in roughly equal measure keeps us honest about how these arguments land. We know which default provisions a court treats as mechanical and which it will read down, because we have argued both sides of them.
Regulatory interest often follows a market dispute, and the two cannot be run in isolation. What is said in a pleading is read later by the regulator, and we draft on that assumption from the outset.
Typical matters
Facility agreement disputes, events of default and acceleration
Derivatives close-outs and ISDA valuation disagreements
Mis-selling and suitability claims brought by sophisticated counterparties
Security enforcement and priority disputes between lenders
Reported decisions in this area
A first conversation
Tell us what happened. We will tell you whether it is worth fighting.
A partner reads every enquiry and takes the first call. You will hear back within one working day, and within a week you will have a written view on the merits and the likely cost.
★★★★★
Band 1 · Commercial Litigation
For urgent injunctions and freezing relief out of hours, call +44 7700 900118. Answered by a partner, not a service.
Put a matter to us
Practice area
Banking & Financial Markets
Commercial Court · Financial List · Court of Appeal
The documents usually decide it. We read them before we advise.
All practice areas
Partner in charge
What the work is
Facility disputes, events of default, derivatives close-outs and security enforcement, acting for lenders and for borrowers in roughly equal measure.
These cases turn on the documents far more often than on the commercial background. We read the whole file before we advise, which is slower at the start and considerably faster afterwards.
Close-out disputes are usually valuation disputes wearing a contractual argument. The mechanics in the ISDA definitions, and whether they were followed to the letter on the day, matter more than what either party thought the trade was worth.
Acting for lenders and for borrowers in roughly equal measure keeps us honest about how these arguments land. We know which default provisions a court treats as mechanical and which it will read down, because we have argued both sides of them.
Regulatory interest often follows a market dispute, and the two cannot be run in isolation. What is said in a pleading is read later by the regulator, and we draft on that assumption from the outset.
Typical matters
Facility agreement disputes, events of default and acceleration
Derivatives close-outs and ISDA valuation disagreements
Mis-selling and suitability claims brought by sophisticated counterparties
Security enforcement and priority disputes between lenders
Reported decisions in this area
A first conversation
Tell us what happened. We will tell you whether it is worth fighting.
A partner reads every enquiry and takes the first call. You will hear back within one working day, and within a week you will have a written view on the merits and the likely cost.
★★★★★
Band 1 · Commercial Litigation
For urgent injunctions and freezing relief out of hours, call +44 7700 900118. Answered by a partner, not a service.
Put a matter to us