Chambers Review
Provided by Chambers
Chancery: Commercial - London (Bar)
What the Team is Known For
XXIV Old Buildings is highly regarded for its expertise in complex cases arising in offshore jurisdictions. The set's members undertake a wide range of commercial chancery matters and are frequently instructed in high-value commercial litigation, especially civil fraud and insolvency disputes. The team is also well versed in commercial matters involving elements of professional negligence, trusts and partnership law, drawing on the set's established strengths in these areas. A source reports: "their word is trusted by the judges and courts they address". Members have appeared in Mitchell v Al Jaber, a major breach of fiduciary duties claim raising novel points for quantifying equitable compensation. They also acted in Ivanishvili v Credit Suisse Life (Bermuda), a matter concerning a USD1 billion claim linked to an alleged rogue trader investment fraud, and Public Institution for Social Security v Al-Rajaan and others, a particularly high-value fraud case arising from alleged bribery of the claimant's former director general. Paul Horsfield leads the clerking team.
