Michael Ashcroft KC > Twenty Essex > London, England > Lawyer Profile
Twenty Essex Offices
20 ESSEX STREET
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Michael Ashcroft KC
- Civil fraud
- Commercial arbitration
- Financial derivatives
- General commercial litigation
- International trade
- Investment disputes
- Jurisdictional disputes
- Oil rig/drilling disputes
- Ship sale contracts
- Shipbuilding contracts and other construction contracts
- Super yacht disputes
Michael has a broad commercial practice, specialising in high value and complex (often highly technical) commercial contract disputes. He took silk in 2011, at only 38 years of age.
He was awarded the prestigious “International Arbitration Silk of the Year” by Chambers & Partners in 2016. 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.
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). 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.
Qualified 1997 (Gray’s Inn). Took Silk in 2011.
- Commercial Bar Association
- University of Oxford, Magdalen College: BA, First Class; Bachelor of Civil Law, First Class
Golf, skiing, badminton.
Lawyer Rankings(Leading Silks)Ranked: Tier 2
‘He is incredibly meticulous with an excellently structured approach to his work and advocacy.’
‘Offering great strength in depth’ in the shipping and commodities space, members of Twenty Essex, both silks and juniors, have the ‘sharpest legal minds’. Based in London and Singapore, the set has a strong reputation in handling ship and rig building construction disputes in both international arbitrations and the London courts. David Lewis QC is acting for the tenth defendant in an alleged commodities fraud, ED&F Man Capital Markets Ltd v Come Harvest Holdings Limited and others, in relation to forged warehouse receipts for consignments of nickel in Malaysia, Hong Kong and Singapore. Elsewhere, Michael Ashcroft QC is leading Oliver Caplin on the matter of Trafigura Maritime Logistics Pte Ltd v Clearlake Shipping Pte Ltd, an interim application to obtain an injunction to compel performance of a maritime letter of indemnity, which questions the interpretation of the standard for International Group letter of indemnity.
Michael Ashcroft KC –Twenty Essex ‘Very well-regarded by clients and opponents alike for his incisive analysis and appealing court manner. Industrious in his legal research, Michael thinks every point through – often further than his opposition.’(Leading Silks)Ranked: Tier 5 (Leading Silks)Ranked: Tier 5 (Leading Silks)Ranked: Tier 3
20 Essex Street is ‘a go-to set for substantial commercial disputes, particularly with an international angle’ and it provides ‘excellent silks and juniors who are very accessible and approachable’. One client remarks that ‘it has become the best set as a whole for shipping and commodities disputes’, which brings its members firmly into the energy arena. Duncan Matthews KC is a leading trial advocate with a broad practice in international and domestic commercial dispute resolution, and Michael Ashcroft KC frequently handles cases concerning contracts for the exploitation of resources, construction, transportation, sales and insurance. Ashcroft acted for BP Oil International in a case concerning the return of advance payments for shipments of crude oil. Andrew Fulton KC handled a US$16m Commercial Court dispute arising out of insolvent collapse of Singapore oil trader. Junior Malcolm Jarvis has significant expertise in complex high stakes arbitration and litigation on the broad span of upstream, midstream and downstream disputes. The clerks, led by Anthony Carroll, provide ‘an excellent support service at all levels and are very helpful and fair in negotiations on fees and briefs’.
Michael Ashcroft KC –Twenty Essex ‘He is a first rate advocate. He is able to understand complex factual issues in a short space of time and present them in the most favourable way for the client. He is also very user-friendly and skilled at communicating with non-native English speaking clients who may be unfamiliar with the English adversarial system.’(Leading Silks)Ranked: Tier 1
‘Undoubtedly the strongest commodities set’, Twenty Essex has ‘some outstanding practitioners and the widest selection of very talented lawyers in the commodities area’. One market source remarks that it is ‘the premier set for commodities work with multiple options at every level of seniority’. Michael Ashcroft KC, Michael Collett KC and Timothy Young KC are among the most prominent silks in this area of law. Ashcroft KC acted for the seller, Tintrade Inc., in Septo Trading Inc v Tintrade Inc, a fuel oil dispute concerning where title passed, who bore the risk of off-specification cargo in context of blending and supply from multiple shore tanks through pipelines, and whether cargo was, in fact, off-spec. Among the juniors, Daniel Bovensiepen, who acted as sole counsel defending a Commercial Court claim totalling about $765,000 for alleged contamination of a cargo of gasoil, and Oliver Caplin, who acted as sole counsel in a five-day oil trading dispute in the Commercial Court, are among many who are considered to be at the top of their game.