Richard Coleman

Richard Coleman KC’s practice spans commercial dispute resolution, banking, financial services, administrative and public law and professional discipline. He has been instructed in some of the most significant disputes in these areas, such as the FCA’s test case concerning COVID-19 related insurance business interruption insurance claims; the Ingenious litigation concerning advice and lending provided by banks in relation to film schemes promoted to investors on the basis that they would have tax advantages; the disciplinary proceedings brought by the SRA against Baker McKenzie and others in respect of the handling of a complaint; the Bank Charges litigation concerning whether charges levied on current account customers whose account goes overdrawn may be assessed for fairness under the Unfair Terms in Consumer Contracts Regulations; the PPI judicial review concerning the guidance issued by the Financial Services Authority in respect of the misselling of Payment Protection Insurance; the Financial Conduct Authority’s investigation into LIBOR manipulation; and the misselling of interest rate hedging products.  He frequently advises on the FCA’s duties and powers and on solicitors’ obligations under the Code of Conduct.

Auckland Grammar School; Cambridge University (MA; Double First Class Hons in the law tripos); Yale University (LLM); Inns of Court Studentship; Hardwicke and Mansfield Scholarships (Lincoln’s Inn); Pegasus Scholarship.