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Fountain Court Chambers

FOUNTAIN COURT, TEMPLE, LONDON, EC4Y 9DH, ENGLAND
Tel:
Work 020 7583 3335
Fax:
Fax 020 7353 0329
DX:
5 LONDON CHANCERY LANE
Email:
Web:
www.fountaincourt.co.uk
London, Singapore

Bankim Thanki QC

Tel:
Work 020 7583 3335
Email:
Fountain Court Chambers (Fountain Court Chambers)

Position

Bankim Thanki QC is generally recognised as one of the pre-eminent Leading Counsel in practice at the English Commercial Bar.  He has been described as “Without a doubt one of the superstars of the UK Bar” and by The Times as “One of London’s leading commercial silks” He commenced practice in 1989 and took Silk in 2003. His practice as Queen’s Counsel spans a wide range of commercial litigation, arbitration, regulatory investigations and inquiries (public and private) and other high quality civil work. He successfully represented Barclays Bank in the case which saw the first judgment handed down in the Financial List in London (GSO Credit v Barclays Bank [2017] 1 All ER (Comm) 421).  He also successfully represented BP in the first case brought to trial under the Commercial Court’s Shorter Trials Scheme. He is currently acting for Ukraine in the $3 billion Eurobond claim brought on behalf of the Russian Federation in the Financial List, in which he has recently secured a significant victory in the Court of Appeal: [2019] 2 WLR 655.  He also recently succeeded in overturning Andrews J’s controversial decision in SFO v ENRC in the Court of Appeal: [2019] 1 WLR 791..  

Other notable cases in Silk have included leading successfully for GMR in its dispute with the Republic of the Maldives over the international airport at Malé, for Deloitte LLP in its successful appeal against the record fine imposed by the Financial Reporting Council over its involvement with the Phoenix Four/MG Rover, for Vincent Tchenguiz in his civil claim against the Serious Fraud Office, for the Central Bank of Trinidad & Tobago in the public inquiry into the collapse of Colonial Life Insurance, for Lloyds Bank in the OFT test case on Bank Charges, for RBS in the principal test case on the enforceability of credit card agreements, for the son of the King of Bahrain in his dispute with the late Michael Jackson, for the Bank of England in the Three Rivers litigation, for Qantas in The Deep Vein Thrombosis and Air Travel Group Litigation and for the Bar Council in R (Prudential) v HMRC.

Current or recent clients include AstraZeneca, BAE, BNP Paribas, British Airways, BT, the CAA, Credit Suisse, Deutsche Bank, the FCA, Goldman Sachs, GlaxoSmithKline, HSBC, JP Morgan, Lloyds Banking Group, NATS, Qantas, Rolls-Royce, RBS, Teva and UBS. He regularly appears offshore and has also advised the central banks of a number of countries including the Deutsche Bundesbank, the Bank of England, the Bank of Namibia and the Central Bank of Trinidad & Tobago. For full details see Fountain Court’s’ website.

Career

Called 1988, Middle Temple; (Harmsworth Scholar, 1988; Bencher 2008); QC 2003. Head of Fountain Court Chambers from 2018.

Editor, ‘The Law of Privilege’ (2018, OUP); contributor Seddon, Davison et el, ‘The Practitioner’s Guide to Global Investigations’ (2018, law Business Research) contributor Coppel, ‘Information Rights’ (2014, Hart); contributor, Brindle & Cox; ‘The Law of Bank Payments’ (2010, Sweet & Maxwell); co-author, Fountain Court on ‘Carriage By Air’, (2000, Butterworths); co-editor ‘Commercial Court Procedure’ (Sweet & Maxwell).

Member

Commercial Bar Association.

Education

Owen’s School; Balliol College, Oxford (1986 BA First Class Hons; 1989 MA).


London Bar

Aviation

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ 'A real star at the Bar who brings very clear and coherent analysis to difficult legal issues'. ’

Within: Aviation

Fountain Court Chambers is applauded by clients as a 'go-to set for complex aviation-related litigation' thanks to its offering of a 'strong spread of top-quality silks and juniors'. Bankim Thanki QC, Alexander Milner, Akhil Shah QC and David Murray, were involved in judicial review proceedings, brought by the administrators of Monarch Airlines, regarding the decision by the UK airport coordinator not to allocate or to reserve slots for Monarch for the summer 2018 season. Aircraft leasing dispute LaudaMotion v Lufthansa was also a key highlight for the set; Akhil Shah QC acted for LaudaMotion, while James Cutress QC, who was leading David Murray, appeared for Lufthansa.

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Banking and finance (including consumer credit)

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ He's now in the band of the real elite at the commercial Bar, and rightly so. ’

Within: Banking and finance (including consumer credit)

Fountain Court Chambers 'continues to excel in the area of banking and finance' and has 'great strength in depth' with 'a number of eminent barristers', according to sources. The set, which typically represents banks, has a broad spread of barristers covering every aspect of banking law, from the advisory to the crossover between the criminal and the regulatory spheres. A significant highlight saw Bankim Thanki QC lead the Ukraine's defence in the Court of Appeal against a $3bn Eurobond claim brought by Russia. Other notable cases included Property Alliance Group v RBS, in which Richard Handyside QC succesfully represented RBS in the Court of Appeal, and Marme v RBS, in which Timothy Howe QC, Laura John and Simon Atrill successfully represented the bank.

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Commercial litigation

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ Very calm and comforting on a difficult case, he reads a court so very well one trusts him implicitly. ’

Within: Commercial litigation

Fountain Court Chambers is a 'quality set with strength throughout the ranks', including 'strong juniors and silks who are responsive and fun to work with'. The set has 'the depth of brainpower and size of team which a major solicitor practice needs when the balloon goes up'. Members are regularly called upon to act on the country's most hard-fought disputes, including the landmark Serious Fraud Office v Eurasian Natural Resources Corporation, in which Bankim Thanki QC and Tamara Oppenheimer represented the defendant, and Tchenguiz v Grant Thornton, in which David Railton QC and Charles Bear QC were among eight members involved at various stages of the case. Another highlight was Stobart Group v Tinkler, which involved three members from chambers including Alex Barden.

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Financial services regulation

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ One of the best barristers in the financial services sphere, his arguments carry great weight with courts and tribunals. ’

Within: Financial services regulation

Fountain Court Chambers is praised for its 'excellent all-round service' and 'remains one of the standout chambers for financial services regulation work', according to its instructing solicitors. The set has experienced members at every level, offering contentious and non-contentious regulatory advice. Highlights for members, such as Bankim Thanki QC, Richard Lissack QC, and Eleanor Davison,  include successfully guiding Barclays Bank through numerous proceedings arising from the £11bn Qatar capital raising in 2008.

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Fraud: civil

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ Feared by opponents – someone who knows how to scalp a witness. ’

Within: Fraud: civil

Fountain Court Chambers is a 'top-class set for civil fraud'. The set boasts some excellent juniors and silks, several of whom also have strong expertise in criminal law. Members have been acting on a raft of major cases, and in the Tchenguiz litigation it had two silks, including Stephen Rubin QC, acting on either side of the dispute. Another highlight was SFO v Eurasian Natural Resources Corporation, in which Bankim Thanki QC and Tamara Oppenheimer successfully represented ENRC before the Court of Appeal.

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Insurance and reinsurance

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ Combines banking and insurance work at the highest level. ’

Within: Insurance and reinsurance

Fountain Court Chambers is a 'very strong set' noted for its 'intellectual rigour'. Its members are regularly instructed in high-value disputes including insurance coverage and liability work. Bermuda Form insurance coverage disputes, product and public liability insurance, professional indemnity, run-off policies, property catastrophe insurance disputes and political risks cover are also key areas of expertise. Claims arising from the financial services sector are a notable area of activity for the set. Leigh-Ann Mulcahy QC is defending AIG in Various Claimants v Giambrone & Law & AIG Europe, a complex claim for costs against an insurer non-party. Brightside Group and Brightside Insurance Services v RSM UK Audit and Paul Chase-Gardener, a £50m case brought by the Brightside group of insurance companies, is a notable case for Bankim Thanki QC who is acting for the former director.

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International arbitration: counsel

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ An outstanding cross-examiner in an unshowy but highly effective way. ’

Within: International arbitration: counsel

Fountain Court Chambers has 'many outstanding members at all stages of their careers' and when it comes to international arbitration, the set's members offer strong expertise across a range of disciplines. Members also have strong links to key arbitration centres such as Singapore. The set's barristers have been instructed on several major disputes, including Naftogaz v Gazprom, in which Alexander Milner is on the team representing Naftogaz. In the high-profile Maldives International Airport dispute, Bankim Thanki QC is representing GMR in a claim concerning the unlawful cancellation of the development project.

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Offshore

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ A super-smart barrister, exactly the opponent you do not want to have. ’

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Professional negligence

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ He is experienced in financial services disputes. ’

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Travel law (including jurisdictional issues)

Within: Leading Silks

Bankim Thanki QC - Fountain Court Chambers ‘ A real star at the Bar who brings very clear and coherent analysis to difficult legal issues. ’

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