Chambers of Christopher Pymont QC
7 STONE BUILDINGS, LINCOLN'S INN, LONDON, WC2A 3SZ, ENGLAND
- Tel:
- Work 020 7406 1200
- Fax:
- Fax 020 7406 1300
- DX:
- 326 LONDON CHANCERY LANE
- Web:
- www.maitlandchambers.com
- Email:
Nicholas Peacock QC
- Tel:
- Work +44 20 7406 1200
- Email:
Position
A) Financial services: he has acted for the financial services authority involving (a) the closing down by various means of unauthorised investment businesses and unlicenced deposit-taking businesses and (b) the sorting out of the resulting mess. He has undertaken some 30 such cases involving collective investment schemes, landbanking schemes, open ended investment companies, quasi-timeshares, spot forex trading, so-called high yield investment programmes etc. Some recent cases include: FSA v Foster [2005] All ER (D) 55 (Jul); FSA v Martii [2006] 2 BCLC 193; In re Inertia Partnership LLP [2007] Bus LR 879. He has also advised the FSA on more policy-based issues, most recently concerning client money issues. He has also advised individuals in relation to SRO authorisation, various institutions and firms of solicitors in relation to money laundering obligations and the Proceeds of Crime Act, a number of intemet start-up companies concerning the applicability of the UK statutory regime to their business, an issuer of a gold-backed investment product (in relation to collective investment scheme and UCITS issues) and the operator of a real-time carbon trading platform B) Litigation - commercial: his work includes general commercial disputes of all types. A notable example is acting for Chris Evans in the claims arising from his sacking by Virgin Radio. More recent cases include two involving property developers using Jersey Trust structures: Intense Investments Ltd v Development Ventures Limited [2006] EWHC 1586 (TCC); and Nearfield Ltd v Lincoln Trust Company (Jersey) Limited [2006] EWHC 2421 (Ch). Also civil fraud - he has acted successfully for a major PLC in obtaining relief against employees who had perpetrated a substantial fraud using numerous offshore entities, for a subsidiary of a large US publisher in making asset recovery against a former finance officer who had accumulated a vastly expensive collection of road and racing cars with his employer’s monies, and for an international businessman whose shipping business was being severely adversely affected by without notice orders obtained in the Commercial Court. C) Insolvency: he has acted for representative parties in a string of major financial institution insolvencies, including In re Global Trader [2009) EWHC 602 (Ch), Lomas v RABMarket Cycles Master Fund [2009] EWHC 2545 (CO, In re Lehman Brothers International Europe [2009] EWHC 3228, [2010] EWCA Civ917.
Career
Qualified 1989, called to the Middle Temple.
Member
Chancery Bar Association; COMBAR.
Education
Nunthorpe Grammar School, York; St Edmund Hall, Oxford (1988 BA).
Practice Areas
Financial services; Insolvency and corporate reconstruction; Litigation - commercial
