Dispute resolution
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
Mentions
Profile
Work Department
Competition Litigation
Disputes
Global Investigations
Litigation
Position
Partner; Jonathan has a strong and varied litigation and investigations practice advising a wide range of financial services and corporate clients. He has deep experience defending allegations of deliberate wrongdoing, having advised on criminal and regulatory investigations and litigation involving alleged corruption, fraud, cartel activity and tax evasion.
Jonathan’s litigation practice includes a focus on banking cases relating to complex derivatives transactions and benchmark manipulation, as well as multi-jurisdictional competition litigation in a number of sectors. He also advises clients in a number of different industries on appeals to the Competition Appeals Tribunal from decisions of the UK competition authorities.
Jonathan has particular interest and experience in advising clients in relation to ongoing business and PR issues in the context of live litigation or investigations.
Career
Joined firm 2007. Partner since 2014.
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Testimonials
Collated independently by Legal 500 research team.
- 'Our go-to providers for pragmatic guidance on material financial matters. ' 'Very strong team. Involved in lots of big regulatory/civil cases. Top notch.' 'Gayathri Kamalanathan is a strong leader of a big team. There is strength in depth.' 'The whole team, from the partners to the trainees, is great. Excellent knowledge of the law, extremely hardworking, and very commercial. They are very responsive and great to work with.' 'Slaughter and May’s banking litigation team is at the top of its game. They handle some of the largest cases in the English courts and are immensely successful. Their lawyers are stellar at every level.' 'Gayathri Kamalanathan and Jonathan Cotton are excellent banking litigators and extremely experienced. Georgina Terry is a superstar associate who is very diligent and switched on.' 'The team offers step-by-step guidance through the most complex High Court litigation, with detailed advice about the client's options at each stage.'
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.