RPC’s banking litigation practice has ‘strengths across all levels of seniority’, with expertise in contentious insolvency and restructuring situations. The firm is able to act for sovereign states, European regional banks, pension funds, hedge funds, and high-net-worth individuals, on disputes linked to loan facilities, cryptocurrencies, and fraud. ’Top-class banking litigator’ Simon Hart is head of the team, with vast experience in multi-jurisdictional litigation linked to complex fraud and asset tracing. Tom Hibbert, global head of commercial disputes, has ’real insight and strategic flair‘, and specialises in investment banking litigation. At associate level, ’great talent’ Emma West is noted, alongside Christopher Wheatley and Alexandra Shearer.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Simon Hart is a top class banking litigator. He is managing some of the biggest claims in England against banks. An absolute cool head no matter the temperature of the case. Massive levels of stamina which are needed for big trials. A very effective team leader.
  • ‘Tom Hibbert: he heads the department and is an extraordinarily impressive lawyer, with real insight and strategic flair. He is exactly who you would want in a negotiation. He has huge experience of banking litigation from both sides, stretching back over 30 years.'
  • 'Emma West is a great talent: capable of moving from the detail to the big picture with ease; intelligent and a delight to work with.'
  • 'Christopher Wheatley is another great talent; tough and dogged; excellent draftsman; very impressive lawyer.’
  • 'Alexandra Shearer is very hard-working, very clever and has a bright future in banking litigation.’
  • ‘Strength across all levels of seniority. An approachable and communicative set of lawyers with good market insight and legal knowledge.’
  • ‘Davina Given is experienced, knowledgeable and insightful lawyer with an ability to understand her clients and relate to them with sensitivity.’

Key clients

  • Federal Government of Nigeria
  • Loreley Financing (Jersey) No 30 Limited
  • Bank St Petersburg (BSP)
  • Siam Commercial Bank Public Company Limited

Work highlights

  • Representing Loreley in a claim for fraudulent misrepresentation and unlawful means conspiracy against various Credit Suisse entities in relation to a £100m tranche of a synthetic Collateralised Debt Obligation purchased in 2007.
  • Representing Siam Commercial Bank Company in its defence of Commercial Court proceedings brought by a Thai businessman (and his associated companies), currently living in political exile in France.
  • Represented the Federal Government of Nigeria in its claim against JP Morgan, arising out of the bank's role in transferring $875m to Malabu Oil & Gas Limited, which was the vehicle for a disgraced former Nigerian Minister of Petroleum, Chief Etete.

Lawyers

Hall of Fame
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Hall of fameRPC
Tom Hibbert is Global Head of RPC's Commercial Disputes practice and a senior partner in the Financial Disputes team. He specialises in investment banking disputes, particularly in the capital markets and arising from structured finance, derivatives and fund management, fraud related disputes and insolvency/restructuring. Tom acts primarily for institutional investors (continental/foreign banks and financial institutions, hedge funds, pension funds and investment vehicles for, for example, high-net-worth individuals) often in dispute with the largest investment banks.Significant cases: JPMorgan Chase v Springwell Navigation Corporation, acting for the investor in a $500m claim involving allegations of mis-selling, negligent advice and misrepresentation relating to emerging markets securities; acting for CF Partners in its breach of confidence claim against Barclays Bank and Tricorona arising from Barclays’ purchase of Tricorona; advising one of the largest financial institutions in Germany in claims arising from the ratings downgrade of a Swap Counterparty and contractual interpretation in relation to a synthetic CDO; advising one of Europe’s largest insurers in relation to claims for rectification of documentation for a synthetic CDO; acting for Bank St Petersburg in its successful proceedings against Vitaly Arkhangelsky; acting for the Federal Republic of Nigeria in actions against JP Morgan, Shell and ENI arising from the corrupt allocation of the OPL 245 oil block.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
RPC
Simon is a litigation partner and Head of Financial Disputes. He specialises in banking disputes and financial markets litigation, often against the largest investment banks. He has acted in claims involving for example derivatives, structured products, repo arrangements and CDOs. He regularly advises on disputes arising out of loan facilities and financial restructurings. He has acted for a wide variety of clients including hedge funds, corporates, HNW investors, financial institutions and insolvency office holders. He also has wide experience of multi-jurisdictional litigation arising out of complex fraud and asset tracing, as well as commercial contracts and shareholder disputes. Simon has assisted corporate clients with regulatory and internal investigations of both a domestic and cross-border nature.
Next Generation Partners
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RPC
Partner. Chris Ross is a highly experienced litigator specialising in commercial, banking and civil fraud disputes. He acts for clients across a variety of matters including shareholder disputes, matters related to complex derivatives and other structured products and multi-jurisdictional fraud cases. His clients include high net worth individuals, company directors and sophisticated institutional investors. He has particular expertise in group actions and litigation funding arrangements. Chris is a member of the firm's cross-practice Competition Litigation team. He has advised clients in both bringing and defending follow-on damages claims in relation to competition law infringements at both domestic and EU level. He is a Solicitor Advocate with Higher Rights of Audience.

Practice head

The lawyer(s) leading their teams.

Simon Hart

Other key lawyers

Tom Hibbert, Emma West, Christopher Wheatley, Alexandra Shearer