Nicholas Medcroft QC > Fountain Court Chambers > London, England > Lawyer Profile

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

Position

Nicholas Medcroft QC’s practice spans commercial dispute resolution, banking, fraud, corporate crime, financial services and professional discipline.

He is regularly instructed in major commercial disputes, especially those with a financial services or fraud/breach of trust element. He has extensive experience of acting for banks caught up in fraud and money laundering and of big-ticket disciplinary and regulatory proceedings.

He is recommended as a leader in his field in the legal directories, where he is described as “a great strategic thinker and a complete team player” “very user-friendly” and “extremely bright and phenomenally hardworking“.

High profile cases include MG Rover; BHS; the collapse of Carillion plc; FSA v Alexander (the first market abuse case to be brought by the FSA in the Chancery Division); the Marrache fraud litigation in Gibraltar; Shah v HSBC Private Bank (the leading case on the conflict between a bank’s duties to its customers and its duties under POCA); and N v Royal Bank of Scotland plc (whether POCA excludes the court’s jurisdiction).

Career

Called 1998; QC 2019; Recorder 2018.

Memberships

COMBAR, Chancery Bar Association, Financial Services Lawyers Association.

Lawyer Rankings

London Bar > Professional disciplinary and regulatory law

(2019 Silks) Ranked: Tier 1

Nicholas Medcroft QCFountain Court ChambersNicholas is a talented young silk who has a bright future ahead of him.

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

(2019 Silks) Ranked: Tier 1

Nicholas Medcroft QCFountain Court ChambersA talented young silk who has a bright future ahead of him.

London Bar > Proceeds of crime (POCA) and asset forfeiture

(2019 Silks) Ranked: Tier 1

Nicholas Medcroft QCFountain Court ChambersIncisive, intellectual and hard working, with excellent knowledge of POCA issues.

London Bar > Fraud: civil

(2019 Silks) Ranked: Tier 1

Nicholas Medcroft QCFountain Court ChambersHas an excellent grasp of proceeds of crime issues arising in the context of civil proceedings, and his advice is thorough, measured and practical.

London Bar > Financial services regulation

(2019 Silks) Ranked: Tier 1

Nicholas Medcroft QCFountain Court ChambersFantastic with clients – one of his greatest strengths is that he is one of the few practitioners who I know who can legitimately be described as both a civil and criminal practitioner.

London Bar > Banking and finance (including consumer credit)

(2019 Silks) Ranked: Tier 1

Nicholas Medcroft QC – Fountain Court Chambers ‘Very technically able, commercial outlook, and a great team player.

London Bar > Business and regulatory crime (including global investigations)

(2019 Silks) Ranked: Tier 1

Nicholas Medcroft QC - Fountain Court ChambersHe is extremely personable, down to earth, but also has gravitas. His written submissions are well thought through and legally cogent.