Slaughter and May’s banking litigation practice acts on several high-profile cases in the area, with expertise handling complex disputes, inquiries, and regulatory investigations. Complex structured products and financial derivatives are both strengths of the team, which is also leading in on acting on LIBOR-related litigation. Richard Swallow heads the team, which notably includes Gayathri Kamalanathan, who leverages her in-house expertise to handle complex cross-border matters. Ewan Brown is key to the practice, which notably includes the highly esteemed Jonathan Clark and Camilla Sanger.
Legal 500 Editorial commentary
Key clients
- Close Brothers Limited
- JPMorgan Chase Bank N.A.
- Standard Chartered plc
- Santander UK Plc and Santander Consumer (UK) plc
- Mercuria Energy Europe Trading Limited
- Deutsche Bank, A.G.
- Credit Suisse AG
- Credit Suisse International
- Credit Suisse Securities (Europe) Limited
- La Société Immobilière du Palais des Congrès
- Predica Prevoyance Dialogue du Credit Agricole S.A.
Work highlights
Advising Close Brothers plc on its ongoing appeal to the UK Supreme Court following the landmark decision by the Court of Appeal in Hopcraft, Wrench and Johnson regarding broker commissions in a motor finance context. The Supreme Court heard the appeal in April 2025.
Advising JPMorgan Chase Bank N.A., in relation to both the High Court litigation and the competing applications for Collective Proceedings Orders brought in the Competition Appeal Tribunal arising out of the global forex investigations. The Supreme Court heard the appeal in the collective proceeding in April 2025.
Advised Standard Chartered plc in the landmark LIBOR transition test case, in relation to Part 8 proceedings on the use of an alternative benchmark rate to three-month US dollar LIBOR to calculate the dividends payable on a series of preference shares issued by Standard Chartered in 2006.
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
Richard Swallow
Other key lawyers
Gayathri Kamalanathan; Ewan Brown; Jonathan Clark; Camilla Sanger