Cooke, Young & Keidan LLP > London, England > Firm Profile

Cooke, Young & Keidan LLP
21 LOMBARD STREET
LONDON
EC3V 9AH
England

Crime, fraud and licensing > Fraud: civil Tier 3

Cooke, Young & Keidan LLP is a boutique law firm with a significant workload in the fraud space. The team is active in representing both corporate and private clients in domestic and multi-jurisdictional matters. The team was bolstered by the arrival of Natalie Todd and Jon Felce who joined in early 2022 from PCB Byrne. Lydia Danon‘s broad fraud practice also encompasses crypto-related matters, and consultant Philip Young is a ‘doyen of the London boutique litigation market’.

Other key lawyers:

Philip Young; Lydia Danon; Rosie Wild; Jon Felce; Natalie Todd; Stephen Elam

Testimonials

‘The team is well organised, has good strength in depth and is sensibly focused on giving clients value for money.’

‘Lydia Danon – clever and tenacious, a very good litigator.’

‘A super-nimble but exceptionally well regarded banking, financial and fraud litigation team with the experience and aptitude to take on and win against the biggest players. Very well connected both in the UK and internationally. An absolute pleasure to work with not least because the team are all clever, friendly and inclusive in their dealings with counsel.’

‘Natalie Todd: deeply experienced in CIS and international financial and commercial and fraud litigation. A rising star.’

‘Jon Felce – a hire that every boutique would have liked to have made – Jon has a deserved reputation for his drive, legal knowledge and quiet, steely, effective drive for successful results.’

‘Philip Young; doyen of the London boutique litigation market. Nobody with better judgment, knowledge of the law and tactical nous.’

‘Stephen Elam – thorough knowledge of financial services industries, especially broking; has excellent judgment e.g. as to when to fight/not fight; sensitive and proactive in relation to client’s needs and commercial ends; excels at managing his team.’

‘Lydia Danon – clever and tenacious, a very good litigator.’

Key clients

Domidias Limited and Merbau Synergy Limited

ThinkMarkets

Grove Park Properties Ltd

The ECU Group PLC

VP Bank AG, VP Bank (Schweiz) AG

(i) VP Fund Solutions (Luxembourg) SA (ii) VP Fund Solutions (Liechtenstein) AG.

Infund LLP

Work highlights

  • Acted for Grove Park Properties in a £22m claim against RBS in which the bank had, among other things, falsely accused GPP’s director of forging bank documents.
  • Acting for ThinkMarkets group companies in Commercial Court proceedings brought by IS Prime Limited (part of the ISAM Capital Markets group) relating to the basis upon which IS Prime provided matched principal brokerage services to ThinkMarkets on exclusive terms.
  • Acting for two defendants, a Liechtenstein bank and its related Swiss bank, in a high-profile civil fraud dispute in a claim made by a Kuwaiti government entity, which is suing multiple individuals, alleging large-scale payment of secret commissions and money laundering.

Dispute resolution > Banking litigation: investment and retail Tier 3

Cooke, Young & Keidan LLP  is well-known for its work acting for clients in litigation against major banks, including representing them in both arbitration and court proceedings. The litigation boutique is adept at handling claims of misrepresentation, misselling and fraud, including follow-on proceedings from regulatory action, and also defends clients against enforcement proceedings brought by banks.  Elsewhere, the practice has a growing presence in disputes pertaining to fintech and cryptocurrency. Key figures in the practice include Sinead O’Callaghan, who has expertise handling disputes pertaining to a broad range of financial instruments; and Stephen Elam, who gets ‘to the kernal of an issue’ and draws on his past experience in-house at a derivatives brokerage to act on matters involving complex products. The practice brought on Natalie Todd and Jon Felce from PCB Byrne in April 2022, both of whom win praise from clients. Philip Young, a ‘doyen of the London boutique litigation market’, is now a consultant to the firm and taking a mid-career break.

Other key lawyers:

Philip Young; Sinead O’Callaghan; Stephen Elam; Lydia Danon; Natalie Todd; Jon Felce; Sam Roberts; Daniel Burbeary; Rosie Wild

Testimonials

‘The litigation team is well versed in complex situations, diligent and dynamic in their approach.’

‘Know banking and banking litigation better than almost every other firm. Led by great litigators who know which of the various banks’ buttons to press to get what they need.’

‘Lydia Danon is extremely good with tricky clients. Has a superb tactical brain. Senior associate Rosie Wild is a star. Massively hard working, super bright. Never seems to stop.’

‘A super-nimble but  well regarded banking, financial and fraud litigation team with the experience and aptitude to take on and win against the biggest players. Very well connected both in the UK and internationally. An absolute pleasure to work with, not least because the team are all clever, friendly and inclusive in their dealings with counsel.’

‘Philip Young is a doyen of the London boutique litigation market. Nobody with better judgement, knowledge of the law and tactical nous. Lydia Danon is completely ‘on-it’ from the word go. Focused and possessing superb client and team handling skills. Natalie Todd is deeply experienced in CIS and international financial, commercial and fraud litigation. Jon Felce has a deserved reputation for his legal knowledge and quiet, steely, effective drive for successful results.’

‘CYK are excellent in their core fields of banking, CDR and arbitration. They bring brilliant experience (many partners and associates are magic circle escapees) with a much lower price tag. A brilliant team for even major banking litigation.’

‘Simply put, CYK understand banking litigation. They work as a team and are a delight to work with. Steve Elam has a knack of getting quickly to the kernel of the issue.’

Key clients

Grove Park Properties Ltd

ThinkMarkets (FCA and ASIC-regulated online trading broker)

iFinex Inc (trading as Bitfinex). Bitfinex is a major cryptocurrency exchange platform where users can trade various cryptoassets and/or fiat currency.

Daniel and Toby Ward

The ECU Group PLC (“ECU”)

Fantasia Holdings Group Co., Limited

Oliver Morley, trading as Morley Estates

Work highlights

  • Representing  Grove Park Properties Ltd in a dispute with RBS related to a loan agreement.
  • Acting for ThinkMarkets group companies in Commercial Court proceedings brought by IS Prime Limited (part of the ISAM Capital Markets group). The proceedings relate to the basis upon which IS Prime provided matched principal brokerage services to ThinkMarkets on exclusive terms.
  • Represented Bitfinex as a defendant to well-publicised Commercial Court proceedings brought by an anonymous cyber insurer (“AA”) seeking to recover Bitcoin (BTC) ransom payments. The claim involved novel issues as to cryptocurrency, its status as property in English law and available injunctive relief.

Corporate and commercial > Financial services: contentious Tier 4

Cooke, Young & Keidan LLP is a boutique firm, dedicating its focus to financial and commercial disputes. The firm has been engaged on a number of complex cryptocurrency matters and is also acclaimed for its capabilities in fit and proper person, AML issue and market abuse affairs, among other alleged FCA Handbook breaches. Stephen Elam serves as the primary contact.

Practice head(s):

Stephen Elam

Other key lawyers:

Sinead O’Callaghan; Elizabeth Meade

Testimonials

‘Stephen Elam is a real star in this area, and is a thorough and thoughtful litigator.’

‘The team has developed a significant niche, and expertise in crypto matters to support an already strong disputes and regulatory practice area.’

‘Friendly, easy to work with, practical and results oriented.’

Stephen Elam and Elizabeth Meade are both exceptional to work with.’

‘Clients benefit from the environment CYK has nurtured – it is more intimate, more positive and clients receive big-law quality advice at a lower price.’

‘It is rare to have a boutique firm that is nimble and flexible also having such high quality and overall clout.’

‘CYK’s knowledge of the financial services sector and regulations is excellent. Unusually for a law firm, they have hands-on experience of working in the sector.’

‘Steve Elam is very bright, always available and gets to the underlying problem extremely quickly. He always gives clear advice.’

Key clients

ThinkMarkets

iFinex Inc (trading as Bitfinex)

The ECU Group PLC

Grove Park Properties Ltd

Work highlights

  • Acting for iFinex Inc (trading as Bitfinex) as a defendant to well-publicised Commercial Court proceedings brought by an anonymous cyber insurer seeking to recover Bitcoin ransom payments.
  • Acting for ThinkMarkets group companies in Commercial Court proceedings brought by IS Prime Limited (part of the ISAM Capital Markets group). The proceedings relate to the basis upon which IS Prime provided matched principal brokerage services to ThinkMarkets on exclusive terms.
  • Acting for two high-net-worth individuals in respect of their claim against Clydesdale Bank plc in relation to the Bank’s failings in relation to tailored business loans.

Dispute resolution > Commercial litigation: premium Tier 5

Litigation boutique Cooke, Young & Keidan LLP has the ‘experience and aptitude to take on and win against the biggest players‘. Utilising its commercial and banking expertise, as well as its increasing technology capabilities, the firm has continued to cement its reputation for fintech and venture capital-related disputes. Sinead O’Callaghan, Stephen Elam and Lydia Danon are the key senior contacts. Consultant Philip Young - ‘an exceptional intellect‘ - is currently taking a mid-career break.

Other key lawyers:

Philip Young; Sinead O’Callaghan; Stephen Elam; Lydia Danon; Daniel Burbeary; Sam Roberts; Jake Calvert; Rosie Wild

Testimonials

‘Lydia Danon – totally switched on, with excellent client care. Becoming a real name in fraud. Sam Roberts – very creative thinker, utterly diligent and great litigation instincts.’

‘Sinead O’Callaghan was very reactive and to the point.’

‘In our experience, the team has very high quality throughout. They are personable, available and efficient.’

‘Lydia Danon and Jake Calvert are both exceptional lawyers, but also remarkably commercial in their approach – something I’ve found very hard to come by in the past.’

‘A super-nimble but exceptionally well regarded banking, financial and fraud litigation team with the experience and aptitude to take on and win against the biggest players. Very well connected both in the UK and internationally. An absolute pleasure to work with not least because the team are all clever, friendly and inclusive in their dealings.’

‘Philip Young is a doyen of the London boutique litigation market. Nobody with better judgement, knowledge of the law and tactical nous. Lydia Danon completely ‘on-it’ from the word go. Focused and possessing superb client and team handling skills. Rosie Wild is, in my view, the best commercial litigation assistant around.’

‘Natalie Todd (newly arrived from PCB) is deeply experienced in CIS and international financial and commercial and fraud litigation. Jon Felce (also newly arrived from PCB) is a hire that every boutique would have liked to have made. Jon has a deserved reputation for his drive, legal knowledge and quiet, steely, effective drive for successful results.’

Key clients

Domidias Limited and Merbau Synergy Limited/ Sian/Merbau

Derek Quinlan

ThinkMarkets (FCA and ASIC-regulated online trading broker)

iFinex Inc (trading as Bitfinex).

Grove Park Properties Ltd

The ECU Group PLC

Oliver Morley, trading as Morley Estates

Fantasia Holdings Group Co Ltd

Work highlights

  • Acted on behalf of Grove Park Properties in a £22m claim against RBS in which the bank had, amongst other things, falsely accused the client’s director of forging bank documents.
  • Acting for Derek Quinlan, a property developer, in a bankruptcy petition brought against him by Edgeworth Capital SARL, which is a vehicle of another well-known property developer, Robert Tchenguiz.
  • Acting for ThinkMarkets group companies in Commercial Court proceedings brought by IS Prime, relating to the basis upon which IS Prime provided matched principal brokerage services to the client on exclusive terms.

Dispute resolution > International arbitration Tier 5

The international arbitration practice at specialist commercial and financial disputes boutique Cooke, Young & Keidan LLP, covers commercial arbitrations and enforcement of awards, as well as bringing and defending challenges to awards. Daniel Burbeary is experienced in cross-border commercial disputes involving parties from China and former CIS countries, while Sinead O’Callaghan specialises in substantial, high-value commercial disputes. Mikhail Vishnyakov joined as counsel from Linklaters LLP during 2021, while Irina Buydova is ‘the senior associate to watch'. Consultant Philip Young - ‘an exceptional intellect‘ - is currently taking a mid-career break.

Testimonials

‘Excellent individual lawyers, with a strong work ethic. Unafraid and willing to take on any firm. They often go toe-to-toe with the biggest firms and come out on the winning side.’

‘These lawyers appear smarter and better trained than the opposition. If the case is important, definitively a key firm to consider.’

‘A brilliant team achieving miracles at half the price of Magic Circle firms.’

‘Daniel Burbeary – indefatigable, excellent on the law, thoughtful, insightful, and brilliant with clients.’

‘Daniel Burbeary is sensible and good to deal with.’

‘Daniel Burbeary is one of the great arbitration practitioners of his generation.’

‘Philip Young is an exceptional intellect.’

‘Irina Buydova is the senior associate to watch.

Insurance > Professional negligence Tier 6

Cooke, Young & Keidan LLP is a leading specialist firm of commercial disputes lawyers. We specialise in undertaking substantial English Court litigation, international arbitration and alternative dispute resolution, working for businesses in the UK and abroad as well as for high-net-worth individuals.

We are known for outstanding successes in complex cases thanks to our experience, innovation and tenacity. Our specialist focus assists us to remain free of conflicts of interest, meaning that we can act fearlessly against most financial institutions and substantial multinational companies.

The firm: Since our foundation in 2009 we have built a formidable reputation for achieving results for our clients in high-value commercial disputes, including both court litigation and international arbitration cases. Offering a combination of commercialism, strategic thinking and tenacity, we are also able to act creatively and flexibly in a way that sets us apart from our competitors.  We offer exceptional, personalized service.

We are known for our adroit handling of complex cases, and our specialist focus assists us to avoid the conflicts of interest often experienced by larger firms with transactional departments, meaning that we can act fearlessly against financial institutions and substantial multinational companies.

Our reputation was built initially on landmark high-profile cases against major UK banks, but we now offer a broad range of commercial dispute resolution expertise.

CYK is a destination of choice for referrals from leading domestic and  international law firms and barrister chambers, as well as from elsewhere in the professional services sector. CYK is proud of its reputation for being a tenacious firm, helping clients to achieve significant success in high-value, (and sometimes high-profile) claims.

Types of work undertaken: CYK undertakes a range of complex and high-value commercial and corporate litigation and international arbitration for domestic and international corporates, private equity houses, hedge funds, professional services firms and high-net-worth individuals, as well as various forms of Alternative Dispute Resolution, such as mediation.

We have significant expertise in international arbitration, banking and financial services disputes, civil fraud, enforcement and asset recovery, partnership, company and shareholder disputes, private wealth disputes, professional negligence, regulatory disputes, sanctions and technology across a wide range of markets and industry sectors. A significant proportion of the firm’s work has an international element and the firm has particular experience and connections with the following jurisdictions: USA, EU, India, Russia/CIS, The Middle East, Offshore, Africa and Latin America.

CYK has acted in a number of ground-breaking cases. The work of the firm has been praised in the main legal directories and its lawyers have been named as some of the top legal professionals in the UK.

DepartmentNameEmailTelephone
Financial services disputes Sinead O'Callaghan
Financial services disputes Stephen Elam
Financial services regulatory Stephen Elam
Fraud and corruption Lydia Danon
Fraud and corruption Jon Felce
Insolvency Jon Felce
Insolvency Natalie Todd
Insurance and reinsurance disputes Stephen Elam
Insurance and reinsurance disputes Lydia Danon
Private wealth disputes Sinead O'Callaghan
Private wealth disputes Natalie Todd
Professional negligence Sinead O'Callaghan
Professional negligence Stephen Elam
Technology Sinead O'Callaghan
Technology Sam Roberts
Number of UK lawyers : 19
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IBA
London Solicitors Litigation Association
ThoughtLeaders4 FIRE and Disputes
Commercial Fraud Lawyers Association
RAIIDAR
IWIRC
Tech Disputes Network
Financial Services Lawyers Association
Professional Negligence Lawyers Association
Association of Regulatory & Disciplinary Lawyers
Association of Partnership Practitioners
Society of Computers and Law
AIJA
CIARB
ICC YAF
LCIA YIAG

The firm is proud of the diversity across all levels of its fee earners. One third of the firm’s fee earning partners and about half of its associates are female. A partner and a number of associates are in the LGBT community and we have five BAME associates. We are also very international with associates and paralegals from India, Russia, Greece, Romania, New Zealand and Australia to name but a few and speak a wide range of languages.