Call +44 207 306 0102 or contact us


Call: 1987    QC: 2009

+44 (0)20 7306

Banking & Finance

Lexa’s expertise in commercial and company litigation has increasingly led her into advising on banking and financial disputes. In particular, she receives instructions to advise in connection with complex banking and debt instruments. 

The Legal 500 2022 reccomends Lexa in this practice area commenting that she is “a rare find in that she combines academic rigour with commercial acumen and excellent advocacy skills”

Representative cases include: 

LB Holdings Intermediate 2 Ltd (in administration) [2020] EWHC 1681 (Ch): application concerning the determination of the priority of competing claims under subordinated debt instruments in the administration of two Lehman Brothers companies. 

Gulf International Bank BSC v. Aldwood [2019] EWHC 1666 (QB): application to discharge a worldwide freezing injunction and challenge jurisdiction 

Crouchland Biogas Limited (2018) advising on various finance agreements between Crouchland and its lenders and deeds of assignment. 

Re Petroplus Marketing AG (2017) advising on construction of subordination deed in a dispute between Petroplus Marketing AG, Deutsche Bank Trust Company and Petroplus Refining Teeside Limited (settled). 

Solo Capital Partners LLP [2016] EWHC 3654 (Ch) application to place investment bank into administration pursuant to Investment Bank Special Administration Regulations 2011, issues concerning proceeds of crime and authority where no directors acting. 

PDHL Limited (2016): acting for PDHL’s financier in connection with the consequences of the withdrawal by the FCA of PDHL’s FSMA 2000 authorisation. 

Banco BTG Pactual SA (2015): instructed on behalf of the Bank to advise on the construction of a subordination clause in a bridging facility. 

Glitnir Bank (2012-2014): instructed on behalf of the Winding up Board of Glitnir Bank to provide expert opinions and advice on English law in connection with a number of different claims by creditors. Issues have included the construction of an ISDA agreements, a claim under a guarantee and the construction of loan notes. 

Co-op Bank (2012): instructed in relation to the drafting of a bank savings scheme which would survive insolvency. 

Commerzbank v. Kaupthing Bank HF (2011): instructed on behalf of Kaupthing Bank HF (in liquidation in Iceland) in connection with a claim arising out of an ISDA Master Agreement and rights of set-off.