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Norton Rose Fulbright

Living Wage
Work 020 7283 6000
Fax 020 7283 6500

Lista Cannon

Work 020 7444 5991
Norton Rose Fulbright

Work Department

Dispute resolution and litigation; Regulation and investigations


London: Corporate and commercial

Financial services

Within: Financial services

Benefiting from 'great experience in the area', Norton Rose Fulbright provides 'excellent all-round advice' to both retail and wholesale clients, both from a purely domestic standpoint as well as internationally - where it is able to leverage its huge global footprint. Aided by the firm's government relations and public policy team across Brussels, London and Washington, DC, and also with a large team of compliance and risk professionals working alongside the regulatory lawyers, the team is able to provide a holistic service which is mindful not only of the strict legal regulatory hurdles but also how to adapt in a commercial and practical way. The 'incredible' Jonathan Herbst heads up the office's four-partner non-contentious offering and has been at the forefront of thought leadership of major change in the industry including in relation to MiFID ii and Brexit (he recently co-authored a report for the Financial Services Forum on EU equivalence). Hannah Meakin has also been at the forefront of the firm's MiFID ii work on behalf of wholesale banking clients. In addition, Meakin's practice has also seen her active on the fintech front and in this regard she recently assisted Web 3.0 Technologies Foundation on its initial coin offering to support the creation of the a scalable, heterogeneous multi-blockchain system that would allow greater connectivity and inter-operability between blockchains. Imogen Garner leads the team's work on the buy-side and is advising The Investment Association (the leading trade association for the UK's asset management industry) on changes to the model documents used by its members to take into account the changes ushered in by MiFID ii. Spearheaded by dual-US and UK qualified partner Lista Cannon on the contentious side, the firm has the 'advantage of being able to draw on experience of being involved in cases with both a UK and US dimension', a strength which was further reinforced by the firm's recent merger with Chadbourne & Parke. Praised for her 'great strategic vision', Lista excels in handling multi-jurisdictional regulatory investigations/enforcements, and following five years of investigations and regulatory proceedings in the US and Europe achieved a notable victory on behalf of a former senior executive at JP Morgan, following the US government's decision to dismiss all civil and criminal charges against him.  Katie Stephen is also recommended for her contentious expertise and in addition to defending clients before the FCA and PRA, has also handled several Skilled Persons (section 166) reviews.

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London: Crime, fraud and licensing

Fraud: white-collar crime

Within: Fraud: white-collar crime

Norton Rose Fulbright is ‘an outstanding firm’ that regularly acts for senior executives, corporates and financial institutions in multi-jurisdictional regulatory investigations, enforcement proceedings and prosecutions. The firm continues to represent a former financial director of Tesco in relation to an ongoing SFO prosecution that resulted from profit overstatement in a case worth around £250m. Peter Scott heads the team, which includes Neil O’May, who has ‘quickly established a reputation as a go-to person for managing these cases’, and Lista M. Cannon, who has ‘long-range vision and commands the confidence of her clients’. Pamela Reddy joined as partner from Simons Muirhead & Burton. Chris Warren Smith and Melanie Ryan left for Morgan, Lewis & Bockius UK LLP.

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London: Dispute resolution

Banking litigation: investment and retail

Within: Banking litigation: investment and retail

Norton Rose Fulbright 'has great depth of experience and knowledge in this practice area'. The team regularly acts in some of the most significant high-value banking and finance disputes; the team advises banks on disputes involving the whole range of banking products, including derivatives, bonds and structured finance, commodities and trade finance, and Islamic finance. The practice includes lawyers who are experienced in acting for banks in corporate crime investigations, fraud, asset-tracing and enforcement, enforcement of ship and aircraft mortgages, and insolvency disputes. It acted for The Law Debenture Trust Corporation, a corporate trustee, in a high-profile $3bn-plus Commercial Court claim (that went to the Court of Appeal in 2018) against Ukraine, brought on behalf of note holders to enforce payment of notes issued by Ukraine in 2013. Michael Godden heads the department; Paul Morris is 'a safe pair of hands and a sensible and pragmatic litigator'; and Matthew Waudby is 'the most extraordinary person, whose strategic and analytical thinking is impressive and he manages the most stressful situations in a calm and undisturbed manner'. Other key contacts include Lista CannonRadford Goodman, David Harris and John Verrill, the latter joining after the firm’s merger with Chadbourne & Parke LLP. Harriet Jones-Fenleigh  and Dominic Hennessy  are key of counsels. Chris Warren-Smith and Melanie Ryan joined Morgan, Lewis & Bockius UK LLP .

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London: Risk advisory

Regulatory investigations and corporate crime

Within: Leading individuals

Lista M. Cannon - Norton Rose Fulbright

Within: Regulatory investigations and corporate crime

The ‘outstanding’ practice at Norton Rose Fulbright advises a wide range of corporate clients in high-profile investigations. It is adept at handling multi-jurisdictional regulatory investigations and enforcement proceedings, criminal investigations and related prosecutions and civil litigation. It provides advices on issues of bribery and corruption, fraud, money-laundering, antitrust, economic sanctions, export controls, human rights and market manipulation. Sam Eastwood (now at Mayer Brown International LLP) headed the team alongside Peter Scott and Neil O’May who has ‘quickly established a reputation as a go-to person for managing these cases’. Lista M. Cannon is ‘always thinking three steps ahead of everyone else – she has long-range vision, and commands the confidence of her clients’. David Harris is noted for his ‘mastery of the detail of all aspects of his cases’. Pamela Reddy joined as partner from Simons Muirhead & Burton. Ruth Cowley is also recommended. Chris Warren-Smith  and Melanie Ryan left for Morgan Lewis.

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