Partner, Head of Commercial Dispute Resolution
“Sources regard Oliver as ‘a real standout lawyer,’ describing him as ‘committed and likeable to clients’.” Chambers UK 2015
- A solicitor advocate and heads the firm's Banking Litigation group.
- Acts for investment and retail banks, funds, issuers, bondholders and other financial counterparties.
- Specialising in corporate and financial litigation, involving the resolution of complex, major corporate disputes, often with a cross-border element. These include general contractual and commercial disputes, warranty and indemnity claims and shareholder disputes.
- Has a particular focus on investment banking and structured finance litigation and has acted in a number of high profile and market leading cases, including BNY Corporate Trustee Services Limited –v- Eurosail – UK 2007 3BL PLC.
- Over 15 years’ experience in the resolution of major commercial disputes.
What have been the particularly busy areas of banking litigation recently?The structured finance market in the post-Lehman era has proved to be a particularly contentious area. Transactions that were put together in the boom times have struggled in some cases, against the backdrop of asset price falls, to withstand the shocks. It had led to significant litigation in the High Court in London, which shows no current signs of abating.
What about derivatives litigation?Derivatives litigation has been developing apace in recent times and the courts in London have seen significant increases in volume. There has been a wide spread in the type of derivative litigation, ranging from the retail side mis-selling, right through to complex derivatives linked to structured finance transactions. The London courts continue to be the jurisdiction of choice for disputes on derivative contracts.
How does the English court approach injunctions?Injunctions are often misunderstood. They are not simply granted by the English court and in order to obtain one the situation must demand it. You must have a good case to start with and need to be able to demonstrate that there is a reason for the injunction, rather than being compensated in a damages claim. The preparation of evidence to demonstrate these factors (often in short order) is the key to a successful application.