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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

Richard Lissack QC

Tel:
Work +44 (0)20 7583 3335
Email:
Fountain Court Chambers (Fountain Court Chambers)

Position

Richard is a recognised and renowned leading QC practising in the UK, New York, and across the Gulf, Caribbean and Europe.

His areas of specialism are international banking and finance; international financial services; corporate and individual financial crime; anticorruption legislation/Bribery Act; commercial fraud; health and safety; inquests and public inquiries; regulatory breaches and across the directories is listed in 10 areas as a leading practitioner.

Richard’s practice is mainly high profile complex litigation, with a strong financial slant. At present he is leading teams in the UK and internationally on several of the landmark regulatory/criminal cases, including for the bank in the Barclays Capital Raising in Qatar cases, the main trader in the JPMorganChase London Whale litigation, the head of foreign exchange at a major Swiss bank in the FOREX issues, for ENRC in its litigation with Dechert LLP and the SFO, for the former CFO in the HP and Autonomy fraud case, as an expert witness in a portfolio of linked arbitrations in numerous jurisdictions, in the Grenfell Tower litigation for a major US party, Didcot power station collapse for the German owners, and in a series of linked matters for one of the UK’s best known entrepreneurs. Recently he advised general counsel of Lloyds of London on major insurance market issues and in HSBC v Shah he led on multiple hearings and won a test case on money laundering.

In regulation and criminal fraud for lnnospec he was the first US-UK joint corporate monitor role under a $40m settlement; in R v Rimmington he led in the successful defence of an insider dealing prosecution inflicting a first defeat on the FCA; and in the House of lords case R v Chargot Ltd he acted in the s3/37 test case.

In public law he was retained by local authority solicitors in the House of Lords for a Judicial Review of care in the community £50m annually turns on result plus £800m back payments and he has been to the European Court of Justice in Nolan v USA, a landmark case on state immunity and employees’ rights. Of course, he has appeared in and advised in connection with almost every significant public inquiry of recent times and is consulting editor of Public Inquiries (OUP). Richard acted in the pro bono attempt to free the death row prisoner Jack Alderman before the US Supreme Court. He also acted in a very high profile review of a notorious inquest in Cayman in Re Attorney General of the Cayman Islands; he advised and acted for the Jimmy Saville Trustees in connection with group claims for damages.

Richard’s record in health and safety and public inquiries work is unsurpassed including: Hatfield, Potters Bar, Ladbroke Grove and Southall train crash cases; the Lyme Bay tragedy; the sinkings of the Maria Assumpta and the Pescado.

His clients say of him: "He knows how banks operate and is the go-to person for any and every regulatory issue." "The sort of advocate in whom any board of directors will have absolute confidence." "He is very client friendly, a pleasure to work with and very commercial." "He sees all the angles to complex problems and he's remarkable in his ability to address these complexities." "He's an absolute giant in terms of the quality of his advice and his presence in court." "He's very clever and has a lot of gravitas." "He's an advocate who can turn his mind to anything." "An excellent lawyer – enthusiastic and client-friendly with a wealth of experience." "He combines considerable practical experience with a keen intellect." "He brings exceptional judgment and client handling skills to his work." "A true leader, both in court and in conference."

Career

Called 1978, QC 1994 aged 37; QC Bar of the Eastern Caribbean 2002; Recorder 1993 onwards; New York Bar 2007; Northern Ireland Bar (QC) 2008; 2008 Dubai International Financial Centre Courts; 2008 Bencher of Inner Temple.

Publications:

Co-authored Lissack and Horlick on Bribery, LexisNexis. Consulting editor, Public inquiries, Oxford University Press. Financial Services Law and Regulation, LexisNexis. Richard has written and contributed to numerous articles for legal/business publications and is regularly called upon to provide expert commentary for national newspapers and radio.

Member

Bencher, Inner Temple; Member Chartered Institute of Arbitrators; Financial Services Lawyers Association (Board Member); Human Rights Lawyers Association; Commercial Bar Association; International Bar Association; Employment Law Bar Association; Bar European Group; Health and Safety Lawyers Association; American Counsel Association; Federal Bar Council of New York. Richard is also in the register of public access-accredited barristers.

Leisure

Richard is married with three daughters, one step daughter and two step sons and when not in court he walks, goes to the theatre (and far too many rock concerts!), sails off the coast of the Cornwall and acts as an Ambassador for Action Aid and a Patron and Development Board member of RADA.


London Bar

Banking and finance (including consumer credit)

Within: Leading Silks

Richard Lissack QC - Fountain Court ChambersDeeply impressive knowledge of banking and finance law, and advocacy skills.

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Business and regulatory crime (including global investigations)

Within: Leading Silks

Richard Lissack QC - Fountain Court ChambersHe is an exceptional lawyer, willing to confront received wisdom with energy and forensic finesse.

Within: Business and regulatory crime (including global investigations)

Fountain Court Chambers houses members with an established track record of defending in high-profile SFO cases. Richard Lissack QC and Robin Barclay represented Barclays in the SFO investigation into the bank's alleged fraud linked to its 2008 capital raising in Qatar; in 2018 the SFO's application for a voluntary bill of indictment against Barclays was dismissed. Meanwhile, Tamara Oppenheimer appeared for ENRC in an appeal against the judgment made in The Serious Fraud Office v Eurasian Natural Resources Corporation, concerning legal professional privilege over documents produced during an internal investigation; the appeal was successful.

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Civil liberties and human rights (including actions against the police)

Within: Leading Silks

Richard Lissack QC - Fountain Court ChambersHe instils confidence in the client, with authoritative and to the point contributions.

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Financial services regulation

Within: Leading Silks

Richard Lissack QC - Fountain Court ChambersAn absolutely terrific advocate who spans the world of commercial law, crime and regulation.

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

Richard Lissack QC - Fountain Court ChambersGives very calm and measured advice and clients rate him highly.

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Health and safety

Within: Leading Silks

Richard Lissack QC - Fountain Court ChambersA silk with a first-class brain.

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