RPC is ‘top tier for banking litigation’, with expertise spanning disputes linked to debt and equity markets, funds, and structured products. Sanctions work is another strength of the practice headed by Simon Hart, who is ’clever, hard-working, and has great judgement’. Tom Hibbert specialises in investment banking litigation and has a focus on capital markets, fund management, and restructuring work, while Simon Hart is skilled at financial markets litigation. Jonathan Cary is noted for his contentious regulatory expertise.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Broad-based commercial practice; huge strength in depth.'
‘Tom Hibbert: absolutely brilliant.'
- 'Simon Hart: hugely experienced; unflappable; cross-border issues are a particular area of expertise.'
- 'Jake Hardy: pugnacious; hugely experienced; very tech-savvy.'
- 'Emma West: star in the making.’
‘Simon Hart is a superb and market leading banking litigator. Involved in the biggest and most demanding banking cases. A class act. Takes charge and drives a case to a successful conclusion.’
‘They are not afraid to take on the magic circle, and fight their client's corner.’
‘Simon Hart is always available for his clients and works extremely hard for the client's goals.’
‘Worked with Jake Hardy on a substantial banking dispute recently. Highly committed and puts real energy into case. Worked with wider team of associates: generally able team.’
'Simon Hart - highly experienced partner and financial services lead. Extremely nice to work with. Clever, hard-working and with great judgment.'
Key clients
- Various holders of Credit Swiss AT1 Bonds
- Frasers Group plc
- Siam Commercial Bank Public Company Limited
- Adderstone Group Limited
- Premia UK Holdings
- Essar entities
- IIFL Wealth
- K1 Chambers LLP
- Siam Commercial Bank Public Company Limited
- Kostyantin Zhevago
Work highlights
Acting for Essar Group defendants in a claim brought by The Argo Fund (TAF) concerning US$20m of defaulted bonds issued by a former Essar entity. TAF pleaded a case alleging fraud and unlawful means conspiracy in relation to a noteholder meeting in which a resolution to approve the trustee taking enforcement action under the bonds failed to meet the requisite majority, and so failed to pass.
Acting on a dispute arising out of the emergency takeover of Credit Suisse by UBS; the Swiss regulator (FINMA) ordered the write-down of US$17bn of Credit Suisse’s Additional Tier 1 capital instruments (AT1 Bonds) to zero as part of the transaction, whilst preserving returns for the equity shareholders.
Acted in the defence of a claim brought by Cynergy Bank (formerly Bank of Cyprus) against a private client.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Simon Hart
Other key lawyers
Tom Hibbert; Jonathan Cary; Jake Hardy; Emma West