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"experienced and skillful" lawyers "diligent in their pursuit of the facts of a case"

 

 

 

Chambers UK 2008

“clients praise the department’s excellent service”

 

 

Legal 500, 2008

Corporate & Commercial Disputes

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Clients and work in this area include:

  • Acted for the vehicle by which a consortium of investors purchased a public company for a sum in excess of £8bn in bringing LCIA arbitration proceedings against the vendor for breaches of various warranties in the sale agreement. The claims totalled in excess of £150m and involved the analysis of a substantial quantity of evidence. The proceedings were favourably settled prior to any hearing.
  • Advising a leading financial services business process outsourcing provider on a number of disputes with one of its customers in relation to an outsourcing contract. The contract is worth an estimated £500m in turnover to our client.
  • A large, multi-disciplinary team, drawn from across the firm, helped Tesco manage carefully and efficiently the complex legal issues that followed the collapse of the railway tunnel at Gerrards Cross in 2005.
  • Alongside our Asset Finance practice, we are advising an offshore group of companies on the recovery of monies owed on their jets and boat. The claim values run into the hundreds of millions of US dollars.
  • Advising a financial services company on the enforcement of a portfolio of loans and supporting guarantees, made to various borrowers in respect of a number of different construction projects, where the client's exposure runs to hundreds of millions of Pounds.
  • Advising a UK Subsidiary of a South African Bank on enforcement of personal guarantees given in support of loans made to Icelandic companies.
  • Acted for a major public utility on warranty claims running up to £150m.

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David Parkin

David Parkin

BLP
Partner, Head of Corporate & Commercial Disputes

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