Why choose our derivatives and structured finance disputes lawyers?We have significant expertise in disputes involving close-out valuations for early termination of ISDA agreements, advising on differing interpretations of payment flows in waterfalls and fraudulent and negligent misrepresentation claims against issuers/arrangers by investors.
Our experts have also advised on the consequences of alleged unenforceability of Islamic Finance bonds, the impact of insolvency or financial distress on counterparties, and concurrent proceedings in different jurisdictions.
We add value by keeping a firm eye on our clients' objectives and the cost benefit analysis. And our technical expertise and understanding of markets and products is demonstrated by a proven track record in this area.
Our lawyers act for a range of clients including investment banks, trustees in securitisations, ISDA counterparties, corporate service providers in structured finance transactions and liquidators of financial services businesses.
Notable deals and highlights
- We acted for the Swiss liquidators of Lehman Brothers Finance S.A. in numerous derivatives related disputes ranging in value from a few tens of millions of dollars to over a billion dollars. Cases include In the Matter of Lehman Brothers International (Europe) (in Administration)  EWCA Civ 188, which is the leading authority on the valuation principles to be employed in 2002 ISDA Master Agreement wording.
- We acted for the trustee Dana Gas Sukuk Ltd in Dana Gas PJSC v. Dana Gas Sukuk Ltd  EWHC 2928 (Comm). This case attracted a great deal of media comment regarding its implications for the future of Islamic Finance deals. We were awarded Islamic Finance News' "Restructuring: Deal of the year 2018" in recognition of our role.
- We advised a major German bank in proceedings relating to service of credit event notices under credit default swaps linked to structured notes.