Department profile
Ashurst Perkins Coie – London, New York, Seattle, Sydney

Banking Litigation

UK Guide 2026 : UK-wide


Ashurst Perkins Coie – London, New York, Seattle, Sydney

Rankings

About

Provided by Ashurst Perkins Coie – London, New York, Seattle, Sydney

Ashurst's Banking Disputes practice is well-known for acting in some of the largest and most complex UK banking disputes.

We advise a range of financial institutions including global investment and retail banks, brokerage firms and publicly owned financial institutions. We have successfully defended clients in various disputes and enforcement issues including arising out of claims for mis-selling of financial products, professional negligence, breach of warranties, breach of statutory duty, civil fraud and matters arising out of bank failures and state bailouts. Our integrated global approach ensures we work seamlessly across jurisdictions and practices, on complex litigation, providing clients with the best expertise and resources in a single team.

How we can help - Derivatives/close-out disputes: close-out and mis-selling issues across ISDA, GMRA and other industry documents.. Mis-selling and complex contractual claims: acting for investment and retail banks in relation to product mis-selling and multi-faceted contractual disputes. Quincecare and fraud claims: advising on all aspects. Consumer class actions: assisting large retail banks with consumer led class actions. Loan financing/restructuring/banking disputes: advising financial services firms on lending/enforcement disputes. Breach of confidence/team moves: defending financial services firms in this developing area. Wealth Management disputes: defending firms.

Industries (4)

  • Financial Services
  • Investment Banks
  • Banking & Finance
  • Brokerage firms

Chambers Review

Provided by Chambers

Banking Litigation - UK-wide

Band 3

Band 3


What the Team is Known For
Ashurst boasts extensive experience acting for major banks and financial institutions in high-value disputes. It is especially adept in handling cases turning on issues of contractual interpretation, professional negligence and fraud within the financial industry. Ashurst also handles banking disputes relating to insolvency and distressed debt. It provides an integrated approach between its disputes group and other practice areas, such as financial services, derivatives and restructuring.

Work Highlights

Provided by Chambers

  • Ashurst acted for Daiwa in its claim against Mr Al Sanea to recover USD152 million on the basis that the loss resulted from dishonest breaches of fiduciary

    duty.

Strengths

Provided by Chambers

  • The team is incredibly sensible and commercial in their analysis, they understand our risk appetite and provide timely, accurate and clear advice.

    Banking Litigation respondentUK
  • Ashurst has a strong team with exceptional litigation and outstanding regulatory expertise.

    Banking Litigation respondentUK
  • The team has exceptional commercial awareness and is across the changing landscape of legal matters.

    Banking Litigation respondentUK
  • Ashurst is absolutely excellent – first-rate litigators.

    Banking Litigation respondentUK

Notable Practitioners

Provided by Chambers

  • Band 2Lynn Dunne
    Band 2Lynn Dunne

    Lynn Dunne

    Lynn Dunne is head of Ashurst's EMEA contentious financial services group. She is an expert in contentious financial matters, offering great experience in fraud and insolvency-related disputes. She acts on behalf of a varied client base, which includes investment and retail banks, investment funds and court-appointed administrators.

    • Lynn is always strategic and very able to handle the most difficult and political of matters.

      Banking Litigation respondentUK
    • She is an exceptional legal representative who provides clear advice and creative solutions to challenging and complex matters.

      Banking Litigation respondentUK
    • She is an absolute force and I really feel that she cares for our business.

      Banking Litigation respondentUK
  • Band 4Harriet Jones-Fenleigh
    Band 4Harriet Jones-Fenleigh

    Harriet Jones-Fenleigh

    Harriet Jones-Fenleigh is noted for her expertise in complex financial litigation. She regularly handles cross-border disputes on behalf of clients such as banks and corporate trustees, including enforcement proceedings and financial mis-selling claims.
    • She is hugely experienced and a highly knowledgeable litigator. I would highly recommend her for any complex commercial dispute.

      Banking Litigation respondentUK
    • She is smart, hardworking and analytical.

      Banking Litigation respondentUK
    • Harriet is very responsive, pragmatic and always has great value to add.

      Banking Litigation respondentUK

Ranked Individuals at Ashurst Perkins Coie – London, New York, Seattle, Sydney (2)

UK-wide

Members

Provided by Ashurst Perkins Coie – London, New York, Seattle, Sydney

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