Richard Waller KC > Chambers of Gavin Kealey KC > London, England > Barrister Profile
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Richard Waller KC
Position
A commercial barrister specialising in insurance and reinsurance, international arbitration, civil fraud and shipping. Richard’s ride-ranging insurance practice includes political risk, marine, trade credit, Bermuda form, D&O, Warranty & Indemnity, business interruption, product liability, contingency and offshore construction.
He is currently acting for the Lloyd’s war risk market in Aercap v Lloyds Insurance Company (2023) which relates to the failure of Russian airlines to return western-leased aircraft following the outbreak of the war in Ukraine, which is the largest case currently before the Commercial Court. Richard’s other Commercial Court cases include: CRF v Republic of Cuba [2023] EWHC 774 (general commercial; assignment; bribery sovereign debt); Brillante Virtuoso [2019] 2 Lloyd’s Rep. 485 (marine insurance; scuttling); Orb ARL v Ruhan [2015] EWHC 262 (civil fraud); Republic of Djibouti v Boreh [2015] EWHC 769 (civil fraud; government officials; corruption; freezing orders); Excalibur v Texas Keystone [2015] EWHC 566 ($1.6 billion oil exploration dispute; banking; joint venture; litigation funding); Kriti Filoxenia [2015] (shipping, arbitration appeal, time charter cancellation) and Crudesky [2012] 2 Lloyd’s Rep. 503 (shipping, Government detention of a tanker in Nigeria). Richard also has a thriving international arbitration practice, both in London and abroad, including the high-profile Opioids insurance claims.
Career
Qualified 1994; Silk 2012.
Education
Cambridge University (MA).
Lawyer Rankings
London Bar > Shipping
(Leading Silks)Ranked: Tier 3Richard Waller KC – 7 King’s Bench Walk ‘Intelligent and organised. Gives very clear advice. Very good advocacy skills and good at cross-examination. Highly recommended.’
London Bar > Insurance and reinsurance
(Leading Silks)Ranked: Tier 1Richard Waller KC – 7 King’s Bench Walk ‘Richard is a go-to KC. His advice is always extremely clear and of a high standard.’
London Bar > Commercial litigation
(Leading Silks)Ranked: Tier 3Richard Waller KC –7 King’s Bench Walk ‘A superb lawyer, thinker and advocate.’
7 King’s Bench Walk is ‘a very strong commercial set‘. Although particularly well known for its insurance and shipping credentials, the set’s members are also consistently mandated for other heavyweight commercial litigation. In Premia Reinsurance Ltd v Amtrust International Insurance, Ltd, David Edwards KC acts for Premia Reinsurance in an approximately £20m claim regarding its purchase of the legacy business of a number of Lloyd’s syndicates run by another insurer. In the AerCap litigation, over fifty members of chambers (including Gavin Kealey and Clara Benn for AIG, and Richard Waller KC and Michael Ryan for Lloyd’s) are instructed in Commercial Court claims brought by aircraft lessors against their insurance companies and concern the Russian government’s banning of Western aircraft from leaving Russia, effectively expropriating them, after its invasion of Ukraine.
London Bar > International arbitration: counsel
(Leading Silks)Ranked: Tier 3Richard Waller KC –7 King’s Bench Walk ‘Richard is highly experienced in international arbitration and regularly advises on complex matters. He is a smooth operator and is well-versed in a complex international arbitration and gives commercially focussed advice on strategy in order to achieve the best outcome for his clients.’
London Bar > Fraud: civil
(Leading Silks)Ranked: Tier 4Richard Waller KC –7 King’s Bench Walk ‘Richard is a go-to KC. His advice is always extremely clear and of a high standard.’