3 Verulam Buildings are the ‘go-to set for banking litigation’ with a ‘clear, demonstrable strength in depth’ in their bench. Members of the set engage on some of the area’s defining cases involving major international banks and prominent individuals. One such example this year is the case of Re an application for directions by Golden Belt 1 Sukuk Company BSC in which Richard Salter KC led Sarah Tulip acted for the claimant bond trustee and its delegate on their application for a declaration that the limitations imposed by the declaration of trust and agency on the power of certificate holders to pass resolutions. Barristers from the set have also been regularly instructed on international and cross-border cases, such as Jonathan Davies-Jones KC and David Simpson representing Siam Commercial Bank in Suppipat v Narongdei, a large civil fraud claim concerning an alleged attempt to wrest control of a wind energy company. Alongside this, the set covers disputes covering all parts of the globe, with significant instructions received from global events such as the Covid-19 pandemic and Russia’s invasion of Ukraine. Juniors Ravi Jackson and Ryan Ferro are names to watch from the set, with both instructed on high-value, complex banking and finance disputes.
Testimonials
Collated independently by Legal 500 research team.
- '3VB have an excellent clerking team. Richard Ansell is a standout and is always accommodating and on point with his recommendations. He and his team always ensure that service levels are high and response times and delivery are as expected.'
- '3VB's clerks are responsive and easy to work with.'
- '3VB are the go to set for banking litigation. They have a clear, demonstrable strength in depth and I have instructed barrister from all ranges of the call spectrum. Their training sessions are always excellent.'
- 'A friendly set, with real strengths in the banking arena.'
- 'Good for financial services litigation.'
- '3VB have a high calibre of advocates and are often one of the first chambers I look to instruct in relation to complex banking and finance litigation.'
- 'Strong chambers at all levels.'