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Richard Eschwege

Richard Eschwege

YEAR OF CALL: 2008

"He is one of the brightest people you could ever meet, and phenomenally hard-working" "highly commercial in his ability to identify the right pressure points and then pursue them relentlessly"
Chambers & Partners 2020/ Legal 500 2020 (Commercial Dispute Resolution)
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Richard Eschwege is a leading junior in heavyweight litigation and arbitration, and has been involved in some of the most high profile, high value and significant cases of recent years. He has a broad, predominantly commercial, practice, and has advised on and acted in a spectrum of disputes, including energy and natural resources, banking and financial services, civil fraud, insurance, professional negligence, telecommunications, conflicts of interest, conflicts of laws, and jurisdiction battles. He has appeared in the national courts at all levels and before many international arbitral tribunals.

Richard Eschwege is a leading junior in heavyweight litigation and arbitration, and has been involved in some of the most high profile, high value and significant cases of recent years. He has a broad, predominantly commercial, practice, and has advised on and acted in a spectrum of disputes, including energy and natural resources, banking and financial services, civil fraud, insurance, professional negligence, telecommunications, conflicts of interest, conflicts of laws, and jurisdiction battles. He has appeared in the national courts at all levels and before many international arbitral tribunals.

Richard is ranked in the legal directories as a leading junior in Commercial Dispute Resolution, Energy and Natural Resources, and Banking and Finance. He was identified as one of Legal Week’s ‘Stars at the Bar’ 2014, and nominated for Legal 500’s Energy Junior of the Year 2018.

Richard has a particularly strong practice in energy and natural resources, banking and finance, and commercial fraud matters.

He has acted in a large number of oil and gas, mining or infrastructure disputes in the North Sea, Eastern Europe, the Middle East, Central Asia, Central and South America, and Africa, and has appeared in some of the major energy and natural resources cases, including Excalibur Ventures.

Richard has worked on a variety of banking litigation matters, often involving complex financial products. He has acted for lenders, borrowers, and hedge funds in a wide range of financial disputes, including asset and security enforcement and restructuring of facility agreements, payments under bank guarantees, disputes involving bond issues and clearing systems, manipulation of LIBOR, swaps mis-selling cases, payments under letters of credit, and enforcement of security rights.

Richard also has extensive experience of commercial fraud matters, frequently in the context of multi-jurisdictional disputes. He currently acts for the principal defendants to claims in respect of an alleged fraud worth c. US$300 million.

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  • Commercial M

    Recent matters on which Richard Eschwege has been instructed include:

    • Akhmedova v. Akhmedov: dispute over enforcement of UK’s largest divorce award of £450 million against assets in Liechtenstein; acting for the Liechtenstein trusts.
    • The Kingdom of Sweden v. Serwin [2020] EWHC 1251 (Comm.): €120 million pension fraud in Sweden and Malta; enforcement of worldwide freezing orders and proprietary injunctions in foreign jurisdictions
    • Teesside Gas Transportation Limited v. CATS North Sea Ltd [2020] EWCA Civ. 503; [2019] EWHC 1220 (Comm.): dispute as to the interpretation of a capacity reservation agreement and the allocation of costs of the CATS pipeline.
    • TAQA Bratani v. RockRose UKCS8 LLC [2020] EWHC 58 (Comm.); [2019] EWHC 2382 (Comm.): dispute over the removal of an operator of oil and gas fields in the North Sea and interpretation of a joint operating agreement.
    • PJSC Commercial Bank Privatbank v. Kolomoisky [2019] EWCA Civ. 1708; [2018] EWHC 3835 (Ch.): US$1.9 billion alleged banking fraud and misappropriation; jurisdiction challenge and challenge to freezing injunction.
    • Bank St Petersburg v. Arkhangelsky [2020] EWCA Civ. 408; [2018] EWHC 1077 (Ch.): dispute concerning the enforcement of bank guarantees and alleged fraudulent 'raiding' of companies' assets.
    • Arcadia Petroleum Ltd v. Bosworth & Ors [2019] ILPr. 22; Supreme Court, April 2017, following which the Supreme Court made a preliminary reference to CJEU; [2016] EWCA Civ. 818; [2016] EWHC 2527 (Comm.); [2015] EWHC 3700 (Comm.) [2015] EWHC 1030 (Comm.): US$300 million alleged fraud relating to oil trading in West Africa; jurisdiction challenge concerning matters relating employment contracts; enforcement of freezing orders outside the jurisdiction.
    • Blue Power Group SARL v. Eni Norge SA [2019] EWHC 2269 (Ch.); [2018] EWHC 3588 (Ch.); [2018] EWHC 2212 (Ch.): energy dispute relating to compressed natural gas technology in the North Sea, and alleged breaches of exclusive service agreement and alleged breach of confidence application to obtain Norwich Pharmacal relief. 
    • United Co Rusal Plc v. Crispian Investments Ltd [2018] EWHC 2415 (Comm.): shareholder dispute relating to sale of shares in major nickel company and exercise of a right of first refusal.
    • UMS Holdings v. Great Station [2017] EWHC 3330 (Comm.); [2017] EWHC 2473; [2017] EWHC 2398 (Comm.): enforcement of US$306 million LCIA arbitration award and challenge to the award under section 68 of the Arbitration Act 1996; post-judgment freezing orders; confidentiality of arbitration awards.
    • Petrosaudi Oil Services v. Novo Banco SA [2017] EWCA Civ. 9: circumstances in which the ‘fraud exception’ to a bank’s obligation to make payment under a letter of credit applies.
    • Excalibur Ventures LLC v. Texas Keystone & Ors [2016] EWCA Civ. 1144; [2015] EWHC 566 (Comm.); [2014] EWHC 3436 (Comm.); [2013] EWHC 2767 (Comm.) and [2013] EWHC 4278 (Comm.): claim for US$1.6 billion in a dispute involving oil production sharing contracts in Kurdistan; litigation funding and non-party costs orders.
    • Scottish Power UK v. BP Exploration Operating Company Ltd [2016] EWCA Civ. 1043; [2016] EWHC 3569 (Comm.); [2015] EWHC 2658 (Comm.): interpretation of long-term gas sales contracts for the sale of gas from the North Sea, including exclusion clauses.
    • Bonhams v. Lawson & Ors [2015] EWHC 3527 (Comm.): dispute over the auction and ownership of very rare £11 million Ferrari car, one of the world’s most expensive classic cars. 
    • Peak Hotels v. Tarek Investments [2015] EWHC 1997 (Ch.): breakdown of a joint venture in a luxury hotel business.
    • CF Partners v. Barclays Bank & Ors [2014] EWHC 3049 (Ch.): banking dispute involving hedge fund and breach of confidence in relation to valuable M&A opportunity.
    • Georgian American Alloys v. White & Case LLP [2014] EWHC 94 (Comm.): injunction to restrain solicitors from acting against former client in ‘oligarch’ litigation.
    • Berezovsky v. Abramovich [2012] EWHC 2463 (Comm.); [2011] EWHC 1777 (Comm.): ‘oligarch’ dispute.
    • Excalibur Ventures LLC v. Texas Keystone & Ors [2011] EWHC 1624 (Comm.): award of an antiarbitration injunction.
    • Katsouris Brothers Limited v. Haitoglou Bros. S.A. [2011] EWHC 111 (QB): jurisdiction challenge.
    • Islamic Republic of Iran Shipping Lines v. Steamship Mutual Underwriting Association (Bermuda) Limited [2011] 1 Lloyd's Rep. 195: case involving sanctions and the frustration of mutual indemnity insurance contracts.
    • Ministry of Defence v. A Contractor: dispute involving the procurement of defence contracts.
    • Dana Petroleum v. Woodside (Commercial Court): offshore oil exploration in East Africa.
    • Naftrans v. Jan Bonde Nielsen and Ors (Commercial Court): oil terminals and civil fraud.
  • EU/Competition M
    • National Grid v. ABB & Ors (2014, Chancery Division): Cartel follow-on damages.
    • Telefonica O2 UK Ltd v .British Telecommunications [2012] EWCA Civ. 1002: Telecommunications and competition.
    • British Telecommunications v. Ofcom [2011] CAT 24: Telecommunications and competition.
    • British Telecommunications v. Ofcom [2011] EWCA Civ. 245: Telecommunications and competition.
  • Public Law M
    • Jones and Mitchell v. United Kingdom (2014) 59 E.H.R.R. 1: State immunity.
    • R. (BAT and Ors) v. Secretary of State for Health (2010) (Administrative Court): Tobacco display and judicial review.
  • Qualifications M

    Education

    Inns of Court School of Law

    City University

    Balliol College, Oxford

    Qualifications

    M.A. (Oxon)

    Literae Humaniores (2006) - First Class (Congratulatory)

    Honour Moderations (2004) - First Class

    Bar Vocational Course (2008) - Outstanding

    CPE (2007) - Distinction

  • Directory Quotes M
    • "A star junior, his particular strengths lie in his ability to digest huge amounts of material at pace, his legal knowledge and judgement, and his high work rate." (Legal 500 2021)
    • "Extremely intelligent even by the standard of the commercial bar, excellent written advocacy that never misses the mark." (Legal 500 2021)
    • "He is charming, very easy to work with and absolutely tenacious in support of a client’s case." (Legal 500 2021)
    • "A determined, resourceful and very experienced courtroom barrister, he is one of the top juniors at the commercial bar." (Legal 500 2021)
    • Richard Eschwege has an “unbelievable work ethic”, provides “brilliant judgement”, and always ensures he “earns the client the right result." (Who's Who Legal - UK Bar: Banking & Finance 2020)
    • Richard Eschwege of Brick Court Chambers is a “top name” and a leading junior on high-profile energy and natural resources cases. (Who's Who Legal - UK Bar: Energy & Natural Resources 2020)
    • "Highly adept junior with experience in a wide array of banking and finance disputes and general commercial litigation. He acts in matters involving the enforcement of guarantees, breaches of confidence, restructuring, LIBOR manipulation and hedge fund disputes. Eschwege impresses with his appetite for complex cases that raise novel points of law." "Very bright and hard-working and his legal analysis is top of the tree." "He is a very good and very considered advocate." (Chambers & Partners 2020, Banking & Finance)
    • "Silks really like him and he's really committed to his craft." "He is one of the brightest people you could ever meet, and phenomenally hard-working." (Chambers & Partners UK & Global 2020, Commercial Dispute Resolution)
    • "A high-performing junior who attracts significant praise from solicitors and barristers alike. He handles a substantial caseload of disputes in the oil and gas industry and has multi-jurisdictional expertise. He is noted for his capacity to handle disputes concerning oil and gas production in the North Sea." "His written work is really exceptional." "He is a real legal boffin with a great future ahead of him." (Chambers & Partners UK & Global 2020, Energy & Natural Resources)
    • "An incredibly bright junior who works phenomenally hard." (Legal 500 2020, Banking & Finance)
    • "Astonishingly clever and highly commercial in his ability to identify the right pressure points and then pursue them relentlessly." (Legal 500 2020, Commercial Litigation)
    • "One to watch for the future." (Legal 500 2020, Energy)
    • "Highly impressive and a real asset on any case." (Legal 500, Fraud: Civil)
    • Richard Eschwege is “a very strong technical lawyer” with “razor-sharp intellect” and “excellent drafting and legal analysis skills”. He is recognised in our research as one of the foremost juniors in the field. (Who's Who Legal - UK Bar: Banking & Finance 2019)
    • Richard Eschwege of Brick Court Chambers is one of the foremost energy and natural resources barristers at the bar, and is praised emphatically by peers as “one of the future stars in the area”. (Who's Who Legal - UK Bar: Energy & Natural Resources 2019)
    • "One of the finest lawyers of his call, who is destined for great things." "He's very clever and supremely good on paper." (Chambers & Partners 2019, Banking & Finance)
    • "He's a smart operator who is not at all fazed by anything." "His questioning is like a straitjacket – it's brilliantly constructed so that the person on the stand has nowhere to go." (Chambers & Partners 2019, Commercial Dispute Resolution)
    • "Incredibly hard-working and has a fantastic ability to get through large amounts of information." "He can grapple with complex issues very effectively." (Chambers & Partners UK & Global 2019, Energy & Natural Resources)
    • "Outstanding – to the point and very collegiate, and even by the high standards of the Bar he is very hardworking." (Legal 500 2018-19, Banking & Finance)
    • "Incredibly bright and turns work around very quickly." (Legal 500 2018-19, Commercial Litigation)
    • "One of the finest lawyers of his generation; destined for great things." (Legal 500 2018-19, Energy)
    • Richard Eschwege is “a real star” at the Bar and draws praise for his “very successful commercial practice” which covers a range of matters including banking, energy and civil fraud. (Who's Who Legal - UK Bar: Banking & Finance 2018)
    • "Richard consistently produces exceptional work product and his ability to juggle huge cases is unparalleled." "He is phenomenally hard-working." (Chambers & Partners 2018, Banking & Finance)
    • "Probably the hardest-working barrister you could come across; he absolutely loves it. He thrives on work." "Very few marshal facts and legal arguments as well as he does." (Chambers & Partners 2018, Commercial Dispute Resolution)
    • "He has a wonderful skill for drilling right down into complex oil and gas contracts." (Chambers & Partners 2018, Energy & Natural Resources)
    • "An outstanding junior, who, even by commercial Bar standards, works phenomenally hard." (Legal 500 2017, Banking & Finance)
    • "A heavyweight player in arbitration and litigation." (Legal 500 2017, Energy)
    • "Richard Eschwege has a reputation among peers as "ridiculously hardworking, fast and effective"." (Who's Who Legal - UK Bar: Banking & Finance 2017)
    • "Richard Eschwege features prominently in our research. One senior peer notes, “He is the absolute model of a great junior counsel: incredibly helpful, understated but absolutely brilliant in his legal analysis and written advocacy.”" (Who's Who Legal - UK Bar: Energy & Natural Resources 2017)
    • "An extraordinarily clever chap. The level of his analysis and drafting is years beyond what you would expect for someone of his call." "Incredibly able and one of the best juniors around at the moment." (Chambers & Partners 2017, Banking & Finance)
    • "A fast-rising star and someone with an absolutely brilliant legal mind." "Incredibly bright and hard-working, he delivers work to such a high standard." (Chambers & Partners 2017, Commercial Dispute Resolution)
    • "The absolute model junior – phenomenally hardworking and brilliant at written advocacy." (Legal 500 2016, Energy)
    • "He is absolutely outstanding and his writing is flawless." (Legal 500 2016, Banking and finance including consumer credit)
    • “Terrifically fast and hard worker” (Who’s Who Legal UK Bar 2016, Energy & Natural Resources)
    • "An up-and-coming counsel at the Commercial Bar with an already impressive list of appearances in a range of high-profile matters." "A fast rising star with an absolutely brilliant legal mind." (Chambers & Partners 2016)
    • "The 'magnificent' Richard Eschwege of Brick Court Chambers is a 'particular favourite' with senior counsel due to his 'stellar work ethic' and “brilliant analytical mind'." (Who's Who Legal UK Bar 2015, Energy & Natural Resources)