Bankim Thanki QC > Fountain Court Chambers > London, England > Lawyer Profile

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

Position

Bankim Thanki QC is generally recognised as one of the pre-eminent Leading Counsel in practice at the English Commercial Bar.  He has been described as “Without a doubt one of the superstars of the UK Bar” and by The Times as “One of London’s leading commercial silks” He commenced practice in 1989 and took Silk in 2003. His practice as Queen’s Counsel spans a wide range of commercial litigation, arbitration, regulatory investigations and inquiries (public and private) and other high quality civil work. He successfully represented Barclays Bank in the case which saw the first judgment handed down in the Financial List in London (GSO Credit v Barclays Bank [2017] 1 All ER (Comm) 421).  He also successfully represented BP in the first case brought to trial under the Commercial Court’s Shorter Trials Scheme. He is currently acting for Ukraine in the $3 billion Eurobond claim brought on behalf of the Russian Federation in the Financial List, in which he has recently secured a significant victory in the Court of Appeal: [2019] 2 WLR 655.  He also recently succeeded in overturning Andrews J’s controversial decision in SFO v ENRC in the Court of Appeal: [2019] 1 WLR 791..  

Other notable cases in Silk have included leading successfully for GMR in its dispute with the Republic of the Maldives over the international airport at Malé, for Deloitte LLP in its successful appeal against the record fine imposed by the Financial Reporting Council over its involvement with the Phoenix Four/MG Rover, for Vincent Tchenguiz in his civil claim against the Serious Fraud Office, for the Central Bank of Trinidad & Tobago in the public inquiry into the collapse of Colonial Life Insurance, for Lloyds Bank in the OFT test case on Bank Charges, for RBS in the principal test case on the enforceability of credit card agreements, for the son of the King of Bahrain in his dispute with the late Michael Jackson, for the Bank of England in the Three Rivers litigation, for Qantas in The Deep Vein Thrombosis and Air Travel Group Litigation and for the Bar Council in R (Prudential) v HMRC.

Current or recent clients include AstraZeneca, BAE, BNP Paribas, British Airways, BT, the CAA, Credit Suisse, Deutsche Bank, the FCA, Goldman Sachs, GlaxoSmithKline, HSBC, JP Morgan, Lloyds Banking Group, NATS, Qantas, Rolls-Royce, RBS, Teva and UBS. He regularly appears offshore and has also advised the central banks of a number of countries including the Deutsche Bundesbank, the Bank of England, the Bank of Namibia and the Central Bank of Trinidad & Tobago. For full details see Fountain Court’s’ website.

Career

Called 1988, Middle Temple; (Harmsworth Scholar, 1988; Bencher 2008); QC 2003. Head of Fountain Court Chambers from 2018.

Editor, ‘The Law of Privilege’ (2018, OUP); contributor Seddon, Davison et el, ‘The Practitioner’s Guide to Global Investigations’ (2018, law Business Research) contributor Coppel, ‘Information Rights’ (2014, Hart); contributor, Brindle & Cox; ‘The Law of Bank Payments’ (2010, Sweet & Maxwell); co-author, Fountain Court on ‘Carriage By Air’, (2000, Butterworths); co-editor ‘Commercial Court Procedure’ (Sweet & Maxwell).

Memberships

Commercial Bar Association.

Education

Owen’s School; Balliol College, Oxford (1986 BA First Class Hons; 1989 MA).

Lawyer Rankings

London Bar > Fraud: civil

(Leading Silks) Ranked: Tier 1

Bankim Thanki QCFountain Court ChambersHe’s now in the band of the real elite at the commercial bar, with a particular focus on fraud work – he’s tremendously clever; he’s monumentally hard-working; he’s always superbly well-prepared.

Fountain Court Chambers is ‘a top chambers and does a great deal of fraud work‘. The set is commended for its ‘very real strength in depth at all levels‘ and in recent years it has ‘actively built out by lateral hires in the market‘, particularly in the intersection of civil and criminal fraud. The HP v Autonomy dispute saw Richard Lissack QC representing Autonomy’s former chief financial officer, while, on the opposing side, Patrick Goodall QC was among those representing the claimants. Another landmark case was SFO v Eurasian Natural Resources Corporation, where Bankim Thanki QC and new silk Tamara Oppenheimer QC successfully represented ENRC in the Court of Appeal. Edward Levey QC was another member of chambers to talk silk in early 2020; considered a ‘creative thinker‘, Ian Bergson is a rising star in chambers.

London Bar > Banking and finance (including consumer credit)

(Leading Silks) Ranked: Tier 1

Bankim Thanki QCFountain Court ChambersHe’s an outstanding cross-examiner in an unshowy but highly effective way; and Courts have the greatest of respect for him. Really exceptional.

Fountain Court Chambers is ‘a go-to set for the banking, financial services and financial crime fields‘, with ‘enormous strength in depth from junior to senior leading counsel‘. Clients note that ‘the set has a knack for attracting the best of the best – who also happen to be nice people‘. Major cases include Law Debenture v Ukraine, in which Bankim Thanki QC and Simon Atrill defended the Ukraine on a $3bn Eurobond loan default claim. Another highlight was Arena Plaza Jersey Limited Partnership and others v N M Rothschild & Sons Limited and others, where Patricia Robertson QC and Natasha Bennett successfully defended NM Rothschild.

London Bar > International arbitration: counsel

(Leading Silks) Ranked: Tier 2

Bankim Thanki QCFountain Court ChambersExcellent advocate, very effective.

Fountain Court Chambers is an ‘excellent set with some real star silks‘ and also some ‘really excellent and talented juniors who can pick up cases quickly and easily‘. Members have strong links to and experience of the market’s key arbitration forums, such as the LCIA, where Anneliese Day QC was appointed to the Board in 2019. The set’s commitment to the Asian market was demonstrated by its permanent presence in Singapore. Notable cases include Sonera v Cukurova Telecom/Alfa Telecom, where Bankim Thanki QC and Ben Valentin QC represented Sonera. Among the juniors, Alexander Milner is representing Naftogaz in its $100bn dispute with Gazprom.

London Bar > Financial services regulation

(Leading Silks) Ranked: Tier 2

Bankim Thanki QCFountain Court ChambersOne of the acknowledged leaders of this area of the Bar delivering strategies of complexity and cunning with consummate charm time after time.

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 1

Bankim Thanki QCFountain Court ChambersA leader in this field, and plenty of others – a great leader to have on your team; fiercely intelligent and insightful, but also pragmatic, combative, and straightforward.

London Bar > Aviation

(Leading Silks) Ranked: Tier 1

Bankim Thanki QCFountain Court ChambersTop-quality aviation practice which continues to develop. Brings to the party panache and judgement as well as outstanding intellect.

London Bar > Professional negligence

(Leading Silks) Ranked: Tier 2

Bankim Thanki QCFountain Court ChambersHe is experienced in financial services disputes.

London Bar > Offshore

(Leading Silks) Ranked: Tier 3

Bankim Thanki QCFountain Court ChambersHis combination of genius, charm and a wonderfully natural delivery make him extremely popular and effective.

London Bar > Insurance and reinsurance

(Leading Silks) Ranked: Tier 4

Bankim Thanki QCFountain Court ChambersA widely praised advocate.

Asia Pacific - The English Bar > Commercial

(Leading Silks) Ranked: Tier 3

Bankim Thanki QCFountain Court ChambersHe is cunning with consummate charm time after time, an acknowledged leader.