Banking and finance law intersects with various other practice areas and is a highly technical, evolving and jargon-heavy area of law. There is also an important international element.
Our members have experience in all aspects of banking and finance law, from debt collection to the most complex commercial banking disputes. Our members assist with disputes regarding financial transactions and the recovery of money or assets. They are familiar with the commercial and regulatory regime in this sector, and have the expert legal knowledge necessary to implement successful strategies in disputes relating to:
· Debt recovery
· Project finance
· Acquisition finance
· Financial services regulation
The trial decision of Cockerell J in Federal Republic of Nigeria v JPMorgan Chase Bank NA  EWHC 1447(Comm) in the England and Wales Commercial Court has just been delivered this week. Peter Watts QC discusses the background of the case and the role of Quincecare duty.
In January 2022, an appeal in the case of Stanford International Bank v HSBC Bank was argued before the Supreme Court. The assumed facts (the proceedings involved a strike out) were that the claimant, now in liquidation, had not been a bona fide bank. Rather, it was nothing more than a vehicle for a Ponzi scheme. Some of the funds raised under the scheme had been held in an account with HSBC.