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Eversheds Sutherland (International) LLP

Work 020 7919 4500
Fax 020 7919 4919
154280 CHEAPSIDE 8

David Flack

Work +44 20 7919 0818
Eversheds Sutherland

Work Department

David is a partner in our Financial Services Disputes and Investigations group. He is a specialist banking litigator advising on all aspects of banking disputes as well as on internal/regulatory investigations with a particular focus on wholesale financial institutions. Prior to joining Eversheds LLP in April 2014, David spent 8 years as in-house litigation counsel at UBS AG in London where he was responsible for managing litigation and regulatory investigations for the investment bank in EMEA.

David’s recent experience includes:

  • defending a financial institution in relation to possible claims arising from the fallout from a large-scale internal Ponzi scheme;
  • leading a significant internal investigation into unauthorised trading at a investment bank;
  • investigating and advising in relation to mis-selling of investment products to a bank’s international wealth customers;
  • conducting a sensitive internal investigation into possible misconduct of a control function within a high-profile financial institution and related whistleblowing allegations; and
  • advising on high-value costs litigation for a Canadian Energy company in relation to a dispute with the client’s former legal advisers.

David has written articles on disclosure and the financial list for Journal of International Banking and Finance Law. He also co-leads Eversheds LLP’s Overseas Banks Legal and Compliance forum and heads up the FSDI court orders and injunctions team. He has been individually recognised in 2015’s Legal 500 for banking litigation where is described as “very effective”.

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London: Dispute resolution

Banking litigation: investment and retail

Within: Banking litigation: investment and retail

Eversheds Sutherland (International) LLP hired Jake McQuitty, a former head of investigations and enforcement EMEA at Barclays, from TLT. The 'down-to-earth and pleasant-to-deal-with team' covers all aspects of contentious civil, criminal and regulatory work for the firm’s major financial institution client base; in a long-running matter, Andrew Legg continued to defend Law Debenture Trust Corporation against litigation issues arising from its involvement as a bond trustee in five sets of bonds issued in the 1980s by various Bell Group companies; the case involves complex issues of statutory and contractual interpretation. Matthew Allen’s dispute experience includes structured products, derivatives and complex banking disputes; and David Flack, who is 'a good technical lawyer with commercial experience and pragmatism', is experienced in all aspects of wholesale and retail banking litigation and regulatory investigations work. Jennifer Miles and Mariafrancesca De Leo are also highly rated.

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