Simmons & Simmons LLP

Banking Litigation Department

London (Firms)
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What the team is known for Well-integrated group of experts representing major clients in relation to banking litigation, contentious regulatory matters and financial crime issues. Offers particular skills in the asset management sector, with expertise in contentious work for hedge funds and institutional managers. Its wider client base includes a broad range of investment and retail banks, private wealth organisations and insolvency practitioners. Also has notable expertise in disputes arising from the sale of complex financial products.

Strengths"They really add value to a case," says a client, who notes: "They are adaptive and provide great service at rates that are competitive."

Another source praises the "outstanding service" as well as the "excellent legal, technical and strategic advice" they receive.

One client says: "They do a very good job of handling significant matters and are very good at working collaboratively."

Work highlights Acted for Swiss private bank EFG as one of 38 defendants in an USD800 million Commercial Court claim brought by the Public Institution for Social Security of Kuwait, concerning allegations that the Institution's former director general received unauthorised secret commissions from various financial institutions and intermediaries.

Notable practitioners

Richard Bunce
has significant expertise in coordinating high-value litigation spanning multiple jurisdictions on behalf of financial entities and asset managers. He often advises clients on matters pertaining to significant allegations of fraud and financial mis-selling.
"He is very good technically and strategically." "A very capable lawyer."

Robert Turner
has great depth of experience advising industry-leading participants in the financial sector on complex litigation. He has specialist expertise in asset management disputes as well as advising on matters related to structured financial products and contentious regulatory issues.
"He is cool, calm and measured, but with a really firm grip on the key issues. He discerns the important issues of a case really quickly and brings things down to a practical, working level." "A very well-known banking litigator and a serious player in the market." "Robert is outstanding."