Wallace LLP is experienced in litigation against major banks and financial institutions. With a balanced claimant and defendant practice, ‘highly intelligent and capable partner’ Alexander Weinberg leads the team and has a strong track record acting both for and against financial institutions and hedge funds. Oli Goldman is experienced in fraud litigation within the banking sector and disputes around financial and interest rate hedging products. Philip Blyghton acts against financial institutions in group litigation, representing investors and retailers, and for them in misrepresentation and breach of contract claims.
Testimonials
Collated independently by Legal 500 research team.
‘Wallace runs a very tight and efficient practice to get difficult and ambitious group litigation up and running. They are very much about quality over quantity. The quality of their work is excellent, at both partner and associate level.’
‘Alex Weinberg is a highly intelligent and capable partner who thinks in great detail about the case and works brilliantly with counsel. The same applies to Philip Blyghton.’
'I think they would be an excellent choice for someone looking for an aggressive team in any modestly sized commercial court dispute, but also for funders/group litigation firms looking to work with a commercial conflict free claimant side group action team who are prepared to take risks but also bring a quality and professionalism and financial services nous you won't find at other firms.’
‘Alex Weinberg is enormously impressive and operates on a par with the best commercial litigation partners I have seen in the London market. Philip Blyghton's a very impressive senior associate who works hard and retains very strong independence of judgement.’
‘Wallace's Banking litigation team are uniquely able to dissect complex legal issues, explain them in plain language and suggest commercial solutions.’
‘Alex Weinberg and Philip Blyghton are experts in their field whose diligence and pragmatism set them apart from the rest.’
‘Outstanding ability to grasp complex issues and distill everything down to simple advice.’
‘Alex Weinberg and Philip Blyghton - outstanding advisors and litigators.’
Key clients
- Retail investors in the LF Woodford Equity Income Fund
- RGL Management Limited
- Mothercare UK Limited (in liquidation)
- DS Remco UK Limited
- Viking Office UK Limited
- Maplin Electronics Limited (in liquidation)
- Encore Tickets Limited
- The Caravan Club Limited
- Signet Trading Limited
- The Ambassadors Theatre Group Limited
- BSCL Realisations Limited
- BHS
- Aurelius Group
- Hydra Brokerage DMCC
- Reefacre Limited
Work highlights
- Acting for a claimant group of thousands of retail investors in the LF Woodford Equity Income Fund who have issued High Court claims against Hargreaves Lansdown and Link Fund Solutions following the Fund’s high-profile suspension in June 2019 and subsequent announcement that it will be wound down, with losses of up to £1bn.
- Acting for a prominent claimant group, including a number of high-street retailers, in claims against MasterCard and Visa in relation to the unlawful fixing of interchange fees valued in excess of £100m.
Practice head
The lawyer(s) leading their teams.
Alexander Weinberg