Credit Suisse AT1 Holders
Acting for a large ad hoc group of Credit Suisse AT1 holders on proceedings against FINMA, the Swiss financial regulator, following the purported write down of the Credit Suisse AT1s in March 2023. The group holds over US$2 billion, nominal amount, of Credit Suisse AT1s.
Glencore FSMA Claim
Acting for a significant group of institutional investors in prospectus liability claim against Glencore plc, for amounts in excess of £2 billion.
VTB Capital
Acting for the administrators of VTBC, the Russia-based investment bank, in relation to a contractual dispute over monies owed by 8 leading insurance companies.
Tuna Bond Litigation
Acting in complex English court proceedings against the Republic of Mozambique and Credit Suisse with respect to the “tuna bond scandal”, where amounts in dispute are over £500m.
A Group of Investors in Greensill’s Supply Chain Finance Funds
Advising holders of interests in the supply chain finance funds invested in Greensill to seek to recover shortfall amounts from Credit Suisse.
Private Equity Fund
Acting for one of the world’s top private equity funds in connection with litigation arising out of a significant collapse of a joint venture transaction.
Carl Icahn
Securing multiple case victories for renowned Wall Street investor Carl Icahn in a dispute with Rialto Capital Advisors.
Hemingway Group LLC
Representing a seed (GP) investor in litigation against a credit investment firm and its founder.
National Collegiate Student Loan Trusts
Advising noteholders in the multi-billion dollar National Collegiate Student Loan Trusts (“NCSLTs”) in nationwide litigations concerning the administration and control of the Trusts.
Kam Sang Company, Inc.
Representation of commercial borrower/developer in action for breach of contract against loan servicer (Rialto Capital Advisors LLC) for breach of contract and breach of covenant of good faith.
Madison Pacific Trust
Acting for Madison Pacific as trustee in complex litigation (and related arbitration) proceedings relating to the bail-in of the Ukrainian bank PrivatBank, and the resultant failure to repay €500m of notes.
Claimant in Misrepresentation Proceedings
Acting for Parsdome Holdings in English litigation concerning misrepresentations made in the context of negotiations to settle a convertible note.
Kawa Capital Management
Represented Kawa Capital Management in litigation concerning the administration of a securitisation that issued auction rate bonds and was originally backed by over $1 billion in student loans.
ROC Debt Strategies II Bond Investments LLC
Representing in litigation concerning CW Capital’s s representations to bondholders about the servicing of a $92 million loan portfolio in a CMBS trust.
Waterfall Asset Management
Represented Waterfall Asset Management in securing summary judgment on Cascade’s breach of contract claim against The Bancorp Bank relating to Cascade’s valid exercise of a “market out” clause in connection with the purchase of a pool of $900 million in mortgage loan assets for securitisation in a CRE CLO.
Private Investment Funds
Representing dozens of private investment funds in trust instruction proceedings, Article 77 proceedings, and interpleader actions across the country brought to resolve disputes relating to structured finance vehicles.
The Federal Housing Finance Agency
Advising as conservator for Fannie Mae and Freddie Mac, in actions in federal and state courts against Morgan Stanley and other financial institutions arising out of misrepresentations concerning residential mortgage-backed securities sold to Fannie Mae and Freddie Mac.
Leading Financial Institution
Acting for a leading financial institution in complex proceedings before the English Courts to assert and retain rights to distributions and valuable statutory interest from the Lehman estates.
Shareholder Claims
Advised the shareholders on claims against an aggressive loan-to-own enforcement strategy by a commercial competitor.
Canary Wharf
Acting for the group of senior noteholders (all institutional investors) in respect of a dispute regarding the payment of “Spens” following partial early redemption of the notes.
Minority Shareholder Group
Advised a minority shareholder group on s. 90A FSMA, unfair prejudice and other claims against an AIM listed company and its majority shareholder.
McLaren
Acting for senior secured noteholders to resist the attempts of the Mclaren group to “trap-door” out assets in breach of the terms of the finance documents.
Leading Financial Institution
Acting in respect of the Taberna CDOs, crafting and implementing a litigation strategy that involved a novel use of a summary judgment to secure early victories.
