Alexander Weinberg

Practice Areas

Alexander is Head of Commercial Litigation and Banking & Financial Services Litigation at Wallace LLP.

He is a solicitor advocate and brings significant expertise and an impressive track record in all forms of general commercial and banking and financial services litigation gained at leading City and US firms.

Alexander specialises in complex, high value contentious matters and advises regularly on domestic and multi-jurisdictional shareholder, joint venture and corporate disputes.

His advice is highly sought after in cases involving financial institutions and allegations of mis-selling, misconduct, misrepresentation, deceit, fraud, and breach of duty. Alexander is acting on a number of very substantial group actions for consumers and retail investors against major financial institutions.

He also advises clients on a range of regulatory investigations conducted by authorities in the UK and US, including the Financial Conduct Authority and the Securities and Exchange Commission, and has worked on various contentious restructurings and anti-trust/competition matters, representing clients in the Competition Appeal Tribunal, High Court and the Court of Appeal.

His clients include private equity investors, hedge funds, corporate finance boutiques, family offices, HNWIs as well as listed and privately owned companies.

Work Highlights

Recent notable engagements include:

Corporate/Commercial

• Acting for seven Panamanian incorporated entities in their defence of large-scale international Court proceedings valued at approximately £3 billion ongoing in several jurisdictions, including the English High Court, Monaco, Panama, Montenegro, Switzerland, Ukraine, USA, Cyprus, Latvia, Russia and several other countries, relating to the assets and dealings of prominent Russian businessman Oleg Bourlakov, who died in 2021.

• Acting for three foreign domiciled HNWIs in their successful defence of US$2 billion Commercial Court proceedings brought against them by a large Brazilian mining group concerning allegations of fraudulent misrepresentation and conspiracy.

• Acting for a Bahamas based private equity fund in respect of an array of proceedings commenced in England, Switzerland, Bahamas and Cote d'Ivoire concerning valuable nickel assets in Latin America, West Africa and the Balkans.

• Acting for two foreign incorporated entities in LCIA proceedings brought by a Middle Eastern company in a claim for in excess of US$75 million involving allegations of fraud arising out of the operation of a tolling agreement in the metals and mining sector.

• Acting for two foreign domiciled HNWIs in successfully challenging the jurisdiction of the English court in relation to two sets of Commercial Court claims for in excess of US$100 million brought against them by companies within a well-known international mining and metals group ultimately owned and controlled by Kazakh oligarchs.

Banking & Financial Services

• Acting for thousands of retail investors in the LF Woodford Equity Income Fund in claims against Hargreaves Lansdown valued up to £1 billion following the Fund's high-profile suspension in June 2019 and subsequent announcement that it will be wound down.

• Acting for a prominent group of well-known high street retailers in claims against Visa and MasterCard valued in excess of £100 million concerning the unlawful fixing of multi-lateral interchange fees currently proceeding in the Competition Appeal Tribunal.

• Acting for a proprietary trading firm based in the UAE in relation to claims that it conspired with the outgoing sellers of a multi-national brokerage artificially to inflate revenue so as to trigger a final earn-out payment in excess of US$40 million.

• Acting for an independent equities and derivatives trader based in Dubai in his successful defence of substantial US proceedings commenced by the Securities Exchange Commission concerning allegations of insider trading relating to the purchase and sale of Fortress Investment Group LLC securities which are traded on the New York Stock Exchange.

• Advising a pan-European investment group as litigation counsel in relation to various strategic acquisitions, associated corporate restructurings, claims and associated insolvency matters.

Education