Eversheds Sutherland (International) LLP‘s ’outstanding’ banking litigation practice spans the range of financial services disputes, from mis-selling and Quincecare claims to asset recovery and insolvency matters, to derivatives and structured products disputes. Chris Busby leads the firm’s UK practice, while David Flack heads the banking litigation team in London, representing financial institutions in wholesale and financial instrument disputes. James Southworth represents investment, corporate, and retail banks in the London team, while also leading the financial services litigation, investigations, and contentious regulatory team in the North of England. Martin Ward leads the West Midlands practice, Sarah Langham the East Midlands team, and Gareth Vowles the Cardiff group. Kari McCormick is regularly called on by accountancy firms, while Mark Cooper boasts extensive experience advising private banks and wealth managers.
Testimonials
Collated independently by Legal 500 research team.
‘The team is first rate. In particular it leverages Eversheds' presence around the UK to provide this excellent service in the most efficient way. It is also able to draw on expertise in other specialist areas, such as insolvency and restructuring, which frequently arise in banking litigation cases.’
‘Mark Cooper (Partner) is a top quality, hands on litigator with a keen eye for bigger strategic picture as well as the detail. He provides an excellent interface between the client and the wider legal team which he runs with skill and confidence.’
‘David Gray and Connor Atkinson have been excellent, having been involved in the sale of an asset for a long-standing case and David is also now involved in an ongoing dispute. It is speed of response, commerciality and advising the Bank in simple language rather than legal jargon.’
‘Jennifer Miles (Partner): She’s as good a litigator as you’ll ever come across. She’s on top of the detail while having a superb sense of the bigger picture; she knows exactly where the weaknesses in an opponent’s case lie, and knows how best to exploit them; she’s highly intelligent; and she’s a superb team-leader. Absolutely top quality.'
‘Jennifer Miles and David Flack are the standout individuals.’
‘The Eversheds team is outstanding. They have put together a team with strengths at different levels, providing necessary experience and know how. The partner, David Flack, shows leadership while allowing the associates to undertake the more detailed time-consuming work which is done to a very high level. They are also delightful to work with.'
‘Eversheds continue to offer an outstanding Banking Litigation service, with a team of highly experienced banking experts. On the retail and consumer finance side they are pre-eminent in their field.’
‘Chris Busby: Chris, as UK Head of Financial Disputes, unmistakably sets the tone in the Eversheds Team. With over 25 years' experience, he is immensely knowledgeable and immensely likeable. He has invaluable experience in mass claims and group actions, and in handling FOS complaints and CMCs conduct, arising out of the recent waves of banking & consumer finance litigation.'
Key clients
- HSBC
- Dubai Islamic Bank PJSC
- Noor Bank PJSC
- MotoNovo
- JB Drax Honore (DIFC) Limited
- Global Energy Horizons Corporation
Work highlights
- Acted for HSBC since 2014 in connection with a claim brought by the liquidators of Stanford International Bank, an Antigua-based bank that was used as a vehicle for a US$7bn Ponzi-scheme fraud by Allen Stanford.
- Advising Doha Bank in relation to several group claims brought by, in combination, approximately 400 unnamed Syrian citizens who now reside in Europe and the USA.
- Advising Dubai Islamic Bank out of one the biggest accounting frauds in recent years, causing one of the UAE’s largest healthcare providers to become insolvent during the pandemic.
Lawyers
Practice head
The lawyer(s) leading their teams.
Chris Busby, David Flack, James Southworth, Martin Ward, Sarah Langham, Gareth Vowles