Banking and Finance

Members of Brick Court Chambers regularly provide advisory and advocacy services in the field of Banking and Finance. Members have very broad experience in all aspects of this field, both international and domestic, contentious and non-contentious. This experience includes:

  • Retail banking, including cheques, bills of exchange and electronic forms of payment, all forms of security (including mortgages and guarantees), letters of credit and performance bonds, consumer credit and banker/customer disputes.
  • Investment and commercial banking, including mergers and acquisitions, corporate finance, securitisations, syndicated and other lending, all forms of financial derivatives, private equity, investment management, IPOs, project finance, export credits, commodity and foreign exchange trading.
  • Banking supervision and regulation, including financial services regulation, representation in financial tribunals, judicial review of financial regulators and money laundering.
  • Asset preservation and tracing.
  • Company and insolvency law aspects of banking and finance.

Members of Chambers have been involved in many of the leading banking and finance cases of the last thirty years including Maxwell, BCCI, Barings, and the interest rate swaps litigation. Currently we have a large number of practitioners undertaking work that has flowed from the instability in world financial markets.

A number of members of Brick Court Chambers are editors of Paget's Law of Banking (13th ed. 2007) .

Recent cases of note include:

  • Perpetual Trustee -v- Bank of New York ( Supreme Court Pending)
  • Sigma ( House of Lords )
  • OFT bank charges litigation (House of Lords)
  • Eurotunnel securitisation (Court of Appeal)
  • Box Clever securitisation (Commercial Court)
  • Springwell Navigation v. JP Morgan Chase Bank (Court of Appeal pending)
  • IFE Fund v. Goldman Sachs (Court of Appeal)
  • OFT v. Lloyds TSB (House of Lords)
  • Jackson v. Royal Bank of Scotland (House of Lords)
  • Bank of Scotland v. Etridge (House of Lords)

What the Directories say ...

"The set comprises "excellent all-rounders," who are "really at the top of their game" and "very easy to work with." Its expertise in complex banking matters is of particular note, with one interviewee asserting: "Brick Court provides go-to individuals for structured finance products and derivatives, and so appears on many of the big cases of the moment." " (Chambers & Partners 2012) 

"Brick Court Chambers is ‘one of the very top sets, with excellent, approachable clerks who always seem available and flexible'." (Legal 500 2011)

"This commercial law titan is so well endowed with top-quality silks and juniors that it is hardly any surprise that it has the capacity to handle banking work." (Chambers & Partners 2011)

"Deemed a 'first choice for banking work'" (The Legal 500, 2008)

Brick Court has "some truly outstanding individuals," many of whom are real stars in this field. (Chambers & Partners 2009)

Barristers Practising in this Area