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Clyde & Co LLP

Living Wage
THE ST BOTOLPH BUILDING, 138 HOUNDSDITCH, LONDON, EC3A 7AR, ENGLAND
Tel:
Work 020 7876 5000
Fax:
Fax 020 7876 5111
Email:
Web:
www.clydeco.com
Aberdeen, Abu Dhabi, Atlanta, Beijing, Brisbane, Bristol and 46 more

Simon Konsta

Tel:
Work +44 (0) 20 7876 6579
Email:
Web:
www.clydeco.com/people/profile/simon-konsta
Clyde & Co LLP

Position

Simon is the firm's Senior Partner and chairs the Clyde & Co Global Management Board, working with regional boards in MEA, APAC, the Americas, and the UK and Europe. He also maintains a legal practice focusing on commercial dispute resolution and professional liability and previously headed up the firm's insurance practice.

Experiences:

  • We acted for the world's largest property services firm, in relation to a claim regarding the alleged overvaluation of a large portfolio of commercial properties. The claim involved novel legal issues regarding the application of the margin of error applied in valuation claims where the claim relates to a valuation of multiple properties. It also involved difficult issues regarding the recoverability of losses attributable to an interest rate swap agreement, and the impact of the securitisation on the claimant's ability to recover damages.
  • This claim focussed on allegations of insolvency practitioner negligence arising out of a "pre-pack" in particular that our clients undervalued a base metals mine and could have sold it for significant sums unencumbered. The team's role throughout this matter was to devise a strategy which carefully navigated a way through thes issues, whilst balancing the insurers'/insured's respective interests. This claim ultimately proceeded to trial and resulted in a settlement on day 10. Aside from varied and complex substantive issues, we required to work with a large market of six experienced insurers, each of whom held their own distinct view on strategy and approach.

Career

Prior to the merger with Clyde & Co in 2011, Simon was the Senior Partner at Barlow Lyde & Gilbert LLP.

Member

He is legal advisor to the RICS Market Liaison Group and has amassed extensive experience of multi-jurisdictional commercial insurance and professional liability disputes.


London: Insurance

Professional negligence

Within: Leading individuals

Simon Konsta - Clyde & Co LLP

Within: Professional negligence

With a ‘richly deserved reputation’, Clyde & Co LLP is a ‘leader in the field of professional negligence’ and defends claims against all classes of professionals in the UK and worldwide. Its advice is ‘excellent and pragmatic’ and it ‘deals with the other side courteously, firmly and clearly’. The London team, which works closely with the firm's Manchester, Oxford, Leeds and recently opened Bristol offices, is led by Andrew Blair, who is ‘completely unflappable, highly respected and has a flair for imaginative thinking in terms of resolving complex claims’. Tom White defends claims against professionals in the property, construction and IT sectors and successfully defended CBRE in relation to a claim by Dunfermline Building Society arising out of a 2007 valuation of a residential development site in Reading. Sarah Clover, who is ‘technically excellent, responsive and gets to grips with the detail of a case’, specialises in lawyers' professional liability, and Richard Harrison, who heads the lawyers’ liability group, specialises in all areas of claims against English solicitors and barristers. Neil Jamieson, who is ‘diligent, meticulous and known for his mastery of case detail’, defends solicitors, accountants, actuaries and surveyors against claims; construction liability group head Richard Moody has a ‘proven commercial and technical track record’; Simon Konsta defends claims against property, accounting and technology professionals; Stuart Hall represents accountants, financial institutions and D&O insurers; James Roberts heads the accountants' liability group; and Fergal Cathie, who is ‘robust, resolute and good in a fight’, handles complex disputes and regulatory investigations involving professionals in the legal and financial services sectors. Mark Sutton, who is ‘excellent at the technical detail’, Bryn Hodges, Helen Rowlands, Jonathan Brown and of counsel Andrew Forsyth are also recommended, as are senior associates May Ahmed and William Glynn, and legal directors Chris Dunlop, Karen Boto and Nicole McKinnon. Notable hires include Tim Crockford from Gowling WLG, and Mandip Sagoo and Angus Duncan from Mayer Brown International LLP. Ian Peacock, who joined from Womble Bond Dickinson (UK) LLP, and John Eastlake, who joined from Kennedys, are based in Bristol.

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