Nicholas Medcroft

Nicholas Medcroft KC’s practice spans commercial dispute resolution, banking, fraud, corporate crime, financial services, professional negligence and professional discipline.

He is regularly instructed in major commercial disputes, especially those with a financial services or fraud/breach of trust element. He is particularly well known for his expertise in POCA and money laundering and regularly acts for financial institutions caught up in fraud.

He has extensive experience of big-ticket disciplinary and regulatory proceedings and has acted in many of the major corporate collapses and accounting scandals in recent times.

He is recommended as a leader in his field in the legal directories, where he is described as “a fantastic legal mind”; “a great court performer”; “a great strategic thinker and a complete team player”; “he can operate seamlessly across commercial law, professional regulation and criminal law.”

His notable cases include MG Rover; BHS; the collapse of Carillion plc; the collapse of Silentnight; FSA v Alexander (the first market abuse case to be brought by the FSA in the Chancery Division); the Marrache fraud litigation in Gibraltar; Shah v HSBC Private Bank (the leading case on the conflict between a bank's duties to its customers and its duties under POCA); N v Royal Bank of Scotland plc (whether POCA excludes the court’s jurisdiction) and the Potters Bar and Tebay rail accidents.