James Walmsley

Banking and finance CV

James has experience in a range of cases relating to the financial sector. This includes large and complex matters relating to structured hedge fund products and redemption rights, claims related to the Madoff fraud, disputes arising out of the Nigerian banking crisis, and financial structures relating to oil out-take agreements. Highlights are:

• BC Capital v Societe Generale & Ors. Acting (with Thomas Lowe QC) for the claimant in large scale Commercial Court litigation relating the interpretation of and market practice in relation to structured hedge fund products and, amongst other things, termination and redemption rights thereunder. Listed for trial in November 2011, this has been referred to in The Lawyer as one of the top cases of 2011.
  
  
• Yukos v Rosneft & Ors [2011] 1 All ER (Comm) 172. Acting (with Michael Bloch QC) seeking to discharge a freezing order made against third parties, requiring construction of financial arrangements relating to the sale and purchase of oil. It is the most recent reported case on the Chabra jurisdiction for imposing freezing injunctions on third parties.
  
  
• Advising (with Michael Bloch QC) on a range of matters arising in connection with the litigation brought by a Nigerian bank against its former managing director.