Banking litigation: investment and retail

Pallas Partners LLP

Client Satisfaction

Experienced in cross-border and transatlantic banking litigation, Pallas Partners LLP is well positioned to represent a growing roster of international clients, including financial institutions and alternative capital providers. Natasha Harrison leads, representing a range of financial institutions, from hedge funds and investment banks to money managers. ‘Strong banking litigator’ Fiona Huntriss leads on cross-border disputes, from distressed debt investments, sovereign debt, and bank wind-downs, to securitisations and complex financial arrangements. Tracey Dovaston boasts ‘specialist knowledge and hands-on experience’, with an active fraud and financial crime practice, and she often represents financial services clients in investigations. Neil Pigott demonstrates particular prowess in contentious restructuring and insolvency matters, along with Nick Turvey. Rekha Rogers plays an active role in the team. Susana Cao Miranda joined the firm in June 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Fiona Huntriss - a very strong banking litigator - mainly claimant side - fearless and inventive in very tough cases. She gives the kind of reassurance that clients need in high value and very complex cases. A real star partner at Pallas.’
‘Nick Turvey provides solid advice. Natasha Harrison is very experienced and client focused.’
‘Fiona Huntriss is an outstanding partner with a unique ability to take her comprehensive knowledge of complex litigation matters and distill that down to a level that clients understand. Combined with her a calm and engaging manner, she is able to confidently fulfill the role of trusted adviser.’
‘Tracey Dovaston (Partner): As well as being a thoroughly decent and lovely person to work with, Tracey exemplifies why Pallas is so good. Her specialist knowledge and hands-on experience in banking disputes makes her a go-to for that work. Judgement you can trust from someone who has 'been there, done that' is what brought us to her.’
‘The truly brilliant Natasha Harrison - a powerhouse. Formidable, brilliant, hardworking and talented. Fiona Huntriss - an excellent lawyer.’
‘Fiona Huntriss - depth of legal knowledge and process of litigation, communication skills.’
‘Excellent positioning as a new law firm, wide ranging participation in industry events, deep experience in complex litigation, wonderful gender diversity and championing of minorities.’
‘Natasha Harrison and Fiona Huntriss are two of the most brilliant litigators I have had the pleasure of working with. Class act!’

Key clients

Two large groups of Credit Suisse AT1 holders
Vanguard
Invesco
Lloyds Bank (through Scottish Widows)
Fidelity
The Baupost Group
VR Capital
Farallon Capital
Moza Banco
Barry Maloney
Strand Hanson Limited
Unsecured Creditors of Orpea
Parsdome Holdings
Liquidators of Farfetch Limited
CS Asia Opportunities Master Fund
Luc Despins
LMR Partners
Kyma
Fir Tree

Work highlights

Acting for two large groups of Credit Suisse AT1 holders in proceedings against FINMA, the Swiss financial regulator, following the purported write down of the Credit Suisse AT1s in March 2023.
Acting as lead counsel for a large group of institutional investors in a securities/ESG litigation, involving a £2bn-plus claim against Glencore and others under Section 90 of the Financial Services & Markets Act 2000 (FSMA).
Representing Baupost as claimant on a £150m property investment claim in the English Commercial Court against DPK Management (DPK).

Lawyers

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