Michael Ashcroft KC

Civil fraudcommercial arbitrationcommoditiesfinancial derivativesgeneral commercial litigationinsurance/reinsuranceinternational tradeinvestment disputesjurisdictional disputesminingoffshore/energyoil rig/drilling disputesship sale contractsshipbuilding contracts and other construction contractsshippingsuper yacht disputes, Twenty Essex

Work Department

Civil fraud Commercial arbitration Commodities Financial derivatives General commercial litigation Insurance/reinsurance International trade Investment disputes Jurisdictional disputes Mining Offshore/energy Oil rig/drilling disputes Ship sale contracts Shipbuilding contracts and other construction contracts Shipping Super yacht disputes

Position

Michael is an experienced silk with a broad commercial practice, specialising in high value and complex (often highly technical) commercial contractual disputes. He took silk in 2011, at only 38 years of age. He is very well set-up to work remotely in these challenging times, and successfully represented Trafigura in one of the first applications (for a mandatory injunction requiring payment of US$76m security) dealt with under the Covid-19 Protocol in the Commercial Court.

He was awarded the prestigious “International Arbitration Silk of the Year” by Chambers & Partners in 2016 and also won Chambers “Shipping Silk of the Year” in 2019. He has been shortlisted multiple times for other awards by Chambers & Partners and The Legal 500.

Over recent years, he has been ranked as a leading silk by Chambers & Partners and The Legal 500 in the following practice areas: shipping, commodities, energy, civil fraud and international arbitration.

Michael has vast experience of jurisdictional disputes, having appeared in several of the leading cases. He is also regularly involved in applications for injunctions and for the enforcement of judgments and arbitration awards. His most recent ongoing work includes advising in relation to offshore decommissioning contracts, acting for a Gulf based bank in a very substantial ICC arbitration concerning bonds, acting for Sunderland FC in a professional negligence dispute in the Commercial Court and advising in relation to multiple mortgage contracts.

He appears regularly in the High Court, Court of Appeal, and Supreme Court. Michael also has a wide range of experience of cases before, and on appeal from, arbitration tribunals in various jurisdictions (including Singapore, Hong Kong, Sweden, Malaysia, Paris and New York) and he has been admitted to the Bar of St Kitts and Nevis (on an ad hoc basis). He is a team player and has led large teams of counsel in significant cases; he works frequently as co-counsel with lawyers qualified in other jurisdictions. Michael also has significant experience of mediation.

Michael accepts appointments as an arbitrator both in London and abroad. He is a member of the MOOGAS panel of international arbitrators and mediators. Michael also acts as an expert on English law in foreign proceedings.

https://www.twentyessex.com/people/michael-ashcroft/

Mentions

London Bar

Commercial litigation

HALL OF FAME6

Michael Ashcroft KC – Twenty Essex 'A superb operator who knows the law inside out. Judges feel comfortable following his propositions - he is the voice of reason.'

London Bar

Commodities

HALL OF FAME1

Michael Ashcroft KC – Twenty Essex ‘Encyclopaedically brilliant, Michael is very quick to pick up the issues and identify the key point, and exhibits strong and persuasive advocacy.’

London Bar

Construction

HALL OF FAME5

Michael Ashcroft KC – Twenty Essex ‘Michael remains as grounded and user-friendly now as he was when he was a junior, which is a great attribute when combined with his considerable intellectual power. He gets to the crux of a problem very quickly and offers sound, practical and very well-considered advice.'

London Bar

Energy

HALL OF FAME3

Michael Ashcroft KC –Twenty Essex ‘Incredibly bright, cool, calm and collected under pressure, Michael is a very polished and persuasive advocate.’

London Bar

Insurance and reinsurance

HALL OF FAME4

Michael Ashcroft KC –Twenty Essex ‘Very competent insurance lawyer who is hugely in demand.'

London Bar

International arbitration: counsel

HALL OF FAME2

Michael Ashcroft KC –Twenty Essex ‘Incredibly clever, focussed, hard-working, absolutely first-rate. He must be one of the best KCs at the commercial and shipping Bars. His submissions are well-presented and forceful but never over the top.’

London Bar

Shipping

HALL OF FAME1

Michael Ashcroft KC –Twenty Essex ‘A superb strategist and a specialist on letter of indemnity cases.’

Asia Pacific: The English Bar

Shipping and commodities

HALL OF FAME1

Michael Ashcroft KC–Twenty Essex 'He has a wonderful courtroom manner.'