Richard Coleman QC > Fountain Court Chambers > London, England > Lawyer Profile

Fountain Court Chambers
FOUNTAIN COURT, TEMPLE
LONDON
EC4Y 9DH
England

Position

Richard Coleman QC’s practice spans commercial dispute resolution, banking, financial services, administrative and public law and professional discipline. He has been instructed in some of the most significant disputes in these areas, such as the FCA’s test case concerning COVID-19 related insurance business interruption insurance claims; the Ingenious litigation concerning advice and lending provided by banks in relation to film schemes promoted to investors on the basis that they would have tax advantages; the disciplinary proceedings brought by the SRA against Baker McKenzie and others in respect of the handling of a complaint; the Bank Charges litigation concerning whether charges levied on current account customers whose account goes overdrawn may be assessed for fairness under the Unfair Terms in Consumer Contracts Regulations; the PPI judicial review concerning the guidance issued by the Financial Services Authority in respect of the misselling of Payment Protection Insurance; the Financial Conduct Authority’s investigation into LIBOR manipulation; and the misselling of interest rate hedging products.  He frequently advises on the FCA’s duties and powers and on solicitors’ obligations under the Code of Conduct.

Career

Practised at the English Bar since 1994; Queen’s Counsel 2012; Attorney General’s A Panel 2007-12; member of the New York Bar since 1995.

Publications:

Contributor to Law of Bank Payments (Brindle and Cox, 5th ed.)

Languages

French (working knowledge).

Education

Auckland Grammar School; Cambridge University (MA; Double First Class Hons in the law tripos); Yale University (LLM); Inns of Court Studentship; Hardwicke and Mansfield Scholarships (Lincoln’s Inn); Pegasus Scholarship.

Leisure

Family, books, theatre, travel, rugby.

Lawyer Rankings

London Bar > Professional disciplinary and regulatory law

(Leading Silks) Ranked: Tier 2

Richard Coleman QCFountain Court ChambersCalm and authoritative, he cuts through to the key issues.

A very strong set with a range of barristers with high ability‘, Fountain Court Chambers deploys an ‘abundance of talent and depth‘ in various matters concerning white-collar regulators, with particular involvement in high-profile solicitors and auditors regulation cases. Mark Simpson QC continues to advise the Financial Reporting Council on its investigation into Grant Thornton’s 2016 audit of Sports Direct, and Nicholas Medcroft QC is advising the same regulator on its investigations into the demise of contractor Carillion. Several members represented parties acquitted by the Solicitors Disciplinary Tribunal (SDT) in the Gary Senior case: Patricia Robertson QC and 2020 silk appointment Chloe Carpenter QC represented Baker McKenzie, while Richard Coleman QC  represented a partner who was involved in the internal investigation. Another 2020 silk appointment, Edward Levey QC  represented the regulator in SRA v Siaw, in which the Administrative Court reversed the tribunal’s findings, holding that the respondent had acted dishonesty and struck him off.

London Bar > Professional negligence

(Leading Silks) Ranked: Tier 4

Richard Coleman QCFountain Court ChambersA top silk who is much admired.

Fountain Court Chambers is ‘a leading professional negligence set‘, with ‘particularly impressive silks‘ and ‘heavyweight juniors‘. The ‘high-calibre‘ members are experienced in claims against a broad range of professionals, including barristers and solicitors, financial services professionals, fund managers, and accountants and tax advisers. In recent highlights, Anneliese Day QC, Mark Simpson QC and Natasha Bennett are acting on either side of Axiom Funds v Mayer Brown, a solicitors’ negligence case relating to the collapse of a legal financing fund, and Richard Coleman QC is representing three major banks in the high-profile Ingenious litigation brought by investors in a film finance scheme.

London Bar > Financial services regulation

(Leading Silks) Ranked: Tier 1

Richard Coleman QCFountain Court ChambersMethodical, calm and unflappable – the complete barrister who acts with complete integrity with everything he does.

Fountain Court Chambers is ‘quite simply one of the best chambers in London with the bench strength and quality to handle the largest and most complex cases‘. The set has a ‘good range of silks and senior juniors in the financial services field‘, several of which, including Richard Coleman QC and Andrew Mitchell QC offer strong non-contentious advisory support. On the contentious side, members have been involved in proceedings arising out of Barclays Bank’s Qatar capital raising, with Richard Lissack QC and Eleanor Davison among those representing Barclays. Lissack, Tamara Oppenheimer QC, Bankim Thanki QC and Rebecca Loveridge were also on ENRC’s team in Director of the Serious Fraud Office v ENRC.

London Bar > Commercial litigation

(Leading Silks) Ranked: Tier 4

Richard Coleman QCFountain Court ChambersExcellent all round for commercial litigation and has particular expertise and experience in cases involving breach of professional duties.

London Bar > Banking and finance (including consumer credit)

(Leading Silks) Ranked: Tier 1

Richard Coleman QCFountain Court ChambersA calm and authoritative advocate who inspires confidence – he is incredibly thorough and leaves no stone un-turned in preparing a case.