Michael Ashcroft KC > Twenty Essex > London, England > Barrister Profile

Twenty Essex
20 ESSEX STREET
LONDON
WC2R 3AL
England

Work Department

  • Civil fraud
  • Commercial arbitration
  • Commodities
  • Financial derivatives
  • General commercial litigation
  • Insurance/reinsurance
  • International trade
  • Investment disputes
  • Jurisdictional disputes
  • Mining
  • Offshore/energy
  • Oil rig/drilling disputes
  • Ship sale contracts
  • Shipbuilding contracts and other construction contracts
  • Shipping
  • Super yacht disputes

Position

Michael is an experienced silk with a broad commercial practice, specialising in high value and complex (often highly technical) commercial contractual disputes. He took silk in 2011, at only 38 years of age. He is very well set-up to work remotely in these challenging times, and successfully represented Trafigura in one of the first applications (for a mandatory injunction requiring payment of US$76m security) dealt with under the Covid-19 Protocol in the Commercial Court.

He was awarded the prestigious “International Arbitration Silk of the Year” by Chambers & Partners in 2016 and also won Chambers “Shipping Silk of the Year” in 2019. He has been shortlisted multiple times for other awards by Chambers & Partners and The Legal 500.

Over recent years, he has been ranked as a leading silk by Chambers & Partners and The Legal 500 in the following practice areas: shipping, commodities, energy, civil fraud and international arbitration.

Michael has vast experience of jurisdictional disputes, having appeared in several of the leading cases. He is also regularly involved in applications for injunctions and for the enforcement of judgments and arbitration awards. His most recent ongoing work includes advising in relation to offshore decommissioning contracts, acting for a Gulf based bank in a very substantial ICC arbitration concerning bonds, acting for Sunderland FC in a professional negligence dispute in the Commercial Court and advising in relation to multiple mortgage contracts.

He appears regularly in the High Court, Court of Appeal, and Supreme Court. Michael also has a wide range of experience of cases before, and on appeal from, arbitration tribunals in various jurisdictions (including Singapore, Hong Kong, Sweden, Malaysia, Paris and New York) and he has been admitted to the Bar of St Kitts and Nevis (on an ad hoc basis). He is a team player and has led large teams of counsel in significant cases; he works frequently as co-counsel with lawyers qualified in other jurisdictions. Michael also has significant experience of mediation.

Michael accepts appointments as an arbitrator both in London and abroad. He is a member of the MOOGAS panel of international arbitrators and mediators. Michael also acts as an expert on English law in foreign proceedings.

https://www.twentyessex.com/people/michael-ashcroft/

Lawyer Rankings

London Bar > Shipping

(Leading Silks)Ranked: Tier 1

Michael Ashcroft KCTwenty Essex ‘A superb strategist and a specialist on letter of indemnity cases.’

Lauded as ‘one of the pre-eminent shipping sets’, Twenty Essex’ strengths are well-distributed along the full range of maritime disputes. The charterparty dispute Trafigura Maritime Logistics Pte Ltd v Clearlake Shipping Pte Ltd kept a number of members busy, with Michael Ashcroft KC, Daniel Bovensiepen, and Timothy Young KC all being involved. The latter also led Colleen Hanley in the Shagang Giant, a case dealing with the interpretation of a force majeure clause in light of Covid-19 lockdown restrictions. Damages caused by the detention of a vessel and the subsequent claim for demurrage are central in Rhine Shipping v Vitol, where Patrick Dunn-Walsh is led by Philip Edey KC on behalf of Rhine Shipping.

London Bar > Construction

(Leading Silks)Ranked: Tier 5

Michael Ashcroft KCTwenty Essex ‘Michael remains as grounded and user-friendly now as he was when he was a junior, which is a great attribute when combined with his considerable intellectual power. He gets to the crux of a problem very quickly and offers sound, practical and very well-considered advice.’

London Bar > Commodities

(Leading Silks)Ranked: Tier 1

Michael Ashcroft KCTwenty Essex ‘Encyclopaedically brilliant, Michael is very quick to pick up the issues and identify the key point, and exhibits strong and persuasive advocacy.’

Twenty Essex is ‘a first-rate chambers for commodities and shipping disputes, with excellent depth of quality at all levels of seniority’. The set ‘certainly has the greatest depth of coverage of the commodities field of any other chambers’, with members well versed in major arbitrations under the rules of GAFTA, FOSFA and the other well-known commodity associations.Michael Ashcroft KC is currently involved in LCIA arbitrations concerning multiple sale contracts between mine operators, sellers of metals and Swiss traders concerning the compliance of metal products with contractual specifications. The ‘highly responsive, commercially savvy and incisiveOliver Caplin KC, who specialises in dry shipping and commodities disputes, is among the market’s most prominent juniors.

London Bar > Energy

(Leading Silks)Ranked: Tier 3

Michael Ashcroft KCTwenty Essex ‘Incredibly bright, cool, calm and collected under pressure, Michael is a very polished and persuasive advocate.’

Twenty Essex has ‘some of the best and broadest expertise in international trade, shipping and insurance, whether amongst skills and juniors’, and those skills see members increasingly involved in complex and high-value matters in the energy sector, particularly the oil and gas market. Their work also encompasses LNG, mining, drill and rig disputes, and there is a growing volume of work arising from the renewable energy sector and issues related to climate change and energy transition. Members couple industry-specific knowledge with expertise in financial, fraud and contractual disputes, as well as engineering and construction both onshore and offshore. David Lewis KC is an increasingly prominent presence in energy disputes, frequently acting for large trading houses in matters concerning price reviews and supply contracts. Michael Ashcroft KC recently acted for BP Oil in a $20m Commercial Court claim, BP Oil International Ltd v Vega Petroleum Ltd and Dover Investments Ltd, concerning the return of payments for 211,387 barrels of Gulf of Suez Mix crude oil that was, according to BP, never delivered from the Ras El Ush field in Egypt. Wendy Miles KC, who is best known for climate change matters, is also heavily involved in oil and gas disputes.

London Bar > Insurance and reinsurance

(Leading Silks)Ranked: Tier 4

Michael Ashcroft KCTwenty EssexVery competent insurance lawyer who is hugely in demand.’

London Bar > Commercial litigation

(Leading Silks)Ranked: Tier 6

Michael Ashcroft KC – Twenty EssexA superb operator who knows the law inside out. Judges feel comfortable following his propositions – he is the voice of reason.

London Bar > International arbitration: counsel

(Leading Silks)Ranked: Tier 2

Michael Ashcroft KCTwenty Essex ‘Incredibly clever, focussed, hard-working, absolutely first-rate. He must be one of the best KCs at the commercial and shipping Bars. His submissions are well-presented and forceful but never over the top.’

Asia Pacific - The English Bar > Construction, energy and infrastructure

(Leading Silks)Ranked: Tier 2

Michael Ashcroft KCTwenty EssexHis legal analysis is very succinct and practical.’

Twenty Essex is ‘one of the best chambers for handling complex disputes involving construction law‘. Its Asia practice is focused on Singapore, where the set has an office, with members active in cases involving LNG supply contracts, oil export contractual litigation, force majeure issues and sale and purchase agreements, to name a few. Michael Ashcroft KC has been kept busy handling a wide spectrum of construction contractual disputes, and Duncan Matthews KC has expertise in upstream and downstream disputes in the energy sector. Timothy Hill KC‘s workload includes advising on disputes arising from the construction of oil and gas facilities, among other matters.

Asia Pacific - The English Bar > Shipping and commodities

(Leading Silks)Ranked: Tier 1

Michael Ashcroft KCTwenty EssexHe has a wonderful courtroom manner.’