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Fountain Court Chambers

FOUNTAIN COURT, TEMPLE, LONDON, EC4Y 9DH, ENGLAND
Tel:
Work 020 7583 3335
Fax:
Fax 020 7353 0329
DX:
5 LONDON CHANCERY LANE
Email:
Web:
www.fountaincourt.co.uk
London, Singapore

Fountain Court Chambers – International Tab

Fountain Court is a set with an excellent reputation for its international work. Covering many diverse practice areas including Aviation, Banking and Finance, Company, Commercial Litigation, Construction, Energy, Offshore, Telecommunications and Travel the set provides experienced advice, counsel and arbitration through all levels of call.

International appointments

Michael Bridle QC has recently been appointed as President of the newly created Abu Dhabi Global Market appeals panel. Patricia Robertson QC has also been appointed as a member of that same panel. In collaboration with other International Financial Centres, global institutions and regulators, Abu Dhabi Global Market develops and supports member institutions with the regulatory framework, legal jurisdiction and attractive business environment they need for sustainable business growth.

Offshore

Members have predominantly acted offshore for institutional and corporate clients, but also in cases involving representation of ultra-high net worth individuals. They have also acted in oligarch-influenced cases involving significant Russian investors. In recent years, Members of Chambers have received instructions in relation to substantial offshore cases from some of the largest mainstream US and UK litigation firms, as well as from (or working in conjunction with) many of the significant offshore firms.

International Arbitration

Members regularly act in arbitrations with an international dimension: as well as acting in London arbitrations, many members have experience of acting in arbitrations conducted in foreign jurisdictions; similarly, many members have experience of acting in arbitrations where the subject matter of the dispute is governed by a foreign law.

Given exponential growth in the number of international commercial disputes being referred to the Singapore International Arbitration Centre and the longer-term prospect of a Singapore International Commercial Court, the set established permanent presence in Singapore in September 2014.

Outside of Singapore, individual members have seen multi-jurisdictional cases involving a variety of jurisdictions including India, Switzerland, the UAE, Russia, Turkey and Israel, in disputes involving a wide range of sectors, including property, aviation, construction, shipping, financial services, international supply contracts, telecommunications and insurance. Work in the DIFC Courts and arbitral institutions has seen a particular increase, with members appearing in the DIAC

International Arbitrators

Members have a wide range of experience across a variety of industries dealing with all types of disputes relating to arbitrations themselves, such as the construction and validity of arbitration agreements, the conduct of arbitrations, the removal of arbitrators, the granting of interim remedies, the enforcement of awards and appeals.  They are familiar with the various institutional arbitration regimes, including the International Chamber of Commerce, the London Court of International Arbitration, the UNCITRAL Rules and the City Disputes Panel. 

Most senior members of Chambers have accepted appointments as arbitrators, and many of them are highly experienced arbitrators with strong reputations in the market. Increasingly, junior members of chambers are also being invited to sit as arbitrators in complex and high profiles matters.

Notable international cases include:

  • Sonera v Cukorova litigation involves the enforcement of a US$1 billion ICC award. The case has generated a considerable number of rulings in the British Virgin Islands, including several appeals to both the BVI Court of Appeal and Privy Council in London; the case is a good example of the substantial arbitration-related disputes in which Members are regularly involved.
  • Naftogaz v. Gazprom, two very substantial arbitrations in the Stockholm Chamber of Commerce against Gazprom of Russia, relating to the sale and supply of Russian natural gas. The sums involved are extremely large – in excess of US$40 billion – and make the cases some of the largest in the world by value.

 

  • Ng Su Ling and Qua Su Ling v Goldman Sachs, claims worth millions of Singapore dollars arising out of Goldman Sachs’ calling in of substantial margin loan facilities and subsequent realization of share collateral.
  • The CLICO Inquiry in Trinidad and Tobago, concerning the circumstances in which major banking and insurance companies based in Trinidad & Tobago sustained losses totalling billions of dollars.

 

  • Tempo Group Limited v Fortuna Development Corporation and ors was a six week trial conducted between September and December 2014 in the Cayman Islands Grand Court (judgment is still awaited) which involved both complex factual issues going back over many years and tricky legal problems as to the validity of company EGMs and board meetings, whether a director was properly removed as a director and the validity of bearer share certificates issued by a Samoan company.
  • The Blesmir Development Limited and another v Mail.ru Group Limited and others litigation in the BVI concerned the ownership of VKontakte the “Russian Facebook” social networking site worth several billions of dollars.

 

  • The longest trial in Cayman Islands history, a hedge funds dispute, and a very significant case in both St. Lucia and St. Kitts & Nevis, relating to a US$3.5 billion shareholder dispute involving Russian parties, which has seen proceedings in the Eastern Caribbean Court of Appeal, with the losing party planning to appeal to the Privy Council.
  • Proceedings in the British Virgin Islands on behalf of TeliaSonera to enforce a US$1 billion arbitration award, resulting in a recent appeal before the Privy Council.

 

  • Proceedings in the Cayman Islands arising from the collapse of the Weavering hedge fund.
  • A Privy Council appeal from the Court of Appeal of Trinidad & Tobago regarding a multi-million pound dispute over the estate of a high net worth Caribbean individual in which various members of the individual’s family are involved

 

  • Case involving allegations of money laundering to be heard in the Supreme Court of Gibraltar
  • Arch Cru litigation, being heard in Guernsey, over losses allegedly caused by investment in high-risk offshore funds

 

  • BITEL litigation in the Isle of Man heard in the Privy Council.
  • Various ‘credit crunch’ cases concerning Jersey-based corporate entities and investment funds.

 

  • Case involving a leading Bahraini regulated bank involving the valuation of various CDO notes, face value of several hundred million US dollars.

Countries of expertise include:


Albania

Denmark

Jersey

Russia

Argentina

Dubai

Kazakh

Singapore

Australia

Egypt

Kenya

South Africa

Azerbaijan

Far East

Lagos

Spain

Bahamas

France

Liechtenstein

St Kitts & Nevis

Bermuda

Germany

Luxembourg

Sweden

British Virgin Islands

Gibraltar

Malaysia

Switzerland

Canada

Guernsey

Maldives

Tajikistan

Cayman Islands

Honk Kong

Mauritius

Trinidad and Tobago

Chile

India

New Zealand

Turks & Caicos

Columbia

Isle of Man

Nigeria

Uganda

Cyprus

Italy

Norway

Ukraine

 

 

 

USA

Singapore Office:

Ocean Financial Centre #37-06/10

10 Collyer Quay

Singapore 049315

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