Banking and Forex Disputes
We are one of the few leading litigation law firms who sue the banks and financial institutions in substantial finance related litigation as we rarely have the conflicts of interest that many law firms are restrained by.
Financial services disputes are often complex and involve high stakes. Our banking and forex disputes team advises financial services clients on a broad range of domestic and international disputes involving banking, finance and forex litigation and arbitration. Our team combines an extensive sector knowledge with specialist litigation, arbitration and alternative dispute resolution skills. Our financial services disputes team has experience of working in complex claims against leading investment banks and financial institutions in high-value disputes in both national courts and also before international arbitration tribunals across Europe and beyond.
We have a track record of significant success against the banks and the magic circle law firms who advise them. We are practically free of the conflicts of interest which prevent most top litigation law firms from acting against the financial institutions. Our dispute resolution lawyers across Europe work closely together to spot trends in global case law and advise clients on a transnational basis.
Our recent experience includes:
- banker-customer/mis-selling claims
- consumer credit disputes
- co-ordinating international cross-border disputes
- disputes arising out of complex financial products and structures
- fraud and asset tracing claims
- investment funds, hedge funds and trusts disputes
- private and retail banking disputes
- real estate and asset finance disputes
- regulatory enforcement actions and investigations
- worldwide freezing injunctions
Case Study – Embezzlement by a trusted employee
Giambrone acted for a small business client in the restitution of money misappropriated from its bank account. Our client discovered that a trusted employee had been diverting funds from their business bank account into other bank accounts for his own benefit in small tranches of money over a considerable period of time. The fraudulent activity was not discovered until a substantial sum had been embezzled.
Our lawyers successfully negotiated a settlement with the High Street bank on the basis that the bank neglected to investigate suspicious transactions and failed in its duty of care to its customer.
Our specialist team acts at the cutting edge of this field, in claims against banks involving a wide variety of financial instruments including loan agreements and facilities, letters of credit, guarantees, performance bonds, collection facilities, derivatives, total return swaps, credit default swaps, interest rate swaps and various forms of collateralised debt obligations including mortgage-backed securities.