Nicholas Hill

Call date: 2008
Email: Nicholas Hill Clerk: David Smith
Areas of Law: Specialist Crime, Commercial Fraud, Public Law, Pensions, Financial Services, Employment & Discrimination, Business & Banking
Practice summary

Nick practises primarily in the areas of Financial Services law (across the civil, criminal and regulatory spheres), Health and Safety law, Employment and Discrimination law and Pensions law.

Nick has first class degrees in Politics (BA Hons) and Law (LLB Hons). He was first in the order of merit as an undergraduate and at Bar School and held the Princess Royal and Sir Stephen Chapman Scholarships from Inner Temple.

In January 2016 Nick was appointed to the Attorney General’s C Panel of Junior Counsel to the Crown. The appointment is effective starting 29th February 2016.

Recent client feedback (from a Partner at an America Law Firm in London who instructed Nick on an FS matter) was that Nick "is bright, hard-working and a real joy to work with. His attention to detailed proved very helpful to our client and we look forward to an opportunity to instruct him again."

Financial Services

Nick’s financial services work includes commercial disputes work and all aspects of regulatory law (encompassing litigation and advisory work in the civil, criminal and regulatory spheres).

Recent highlights include:

  • Acting (with Richard Lissack QC) for a major financial institution in a wide ranging and long running case involving the FSA/FCA, SFO and a number of foreign regulators (ongoing).
  • Acting (successfully) for a Building Society in an application for summary judgment (and to strike out a counter-claim) in respect of a financial dispute arising out of the property market crash (this case included a number of allegations of professional negligence).
  • Two ongoing commercial fraud claims arising from (alleged) corruption in the construction industry.
  • Advising the FSA on the use of new powers available to the FCA.
  • Advising a well-known company on the significance of changes in the SFO’s approach to enforcement following the appointment of David Green QC.
  • Advising a SIPP provider on the application of the CASS regime.

Nick gained valuable experience on secondment to the Retail Markets team in the General Counsel’s Division at (what was then) the FSA in 2011. He advised on a broad range of matters, including use of the SRR and BIP under the Banking Act 2009 (Re Southsea Mortgage and Investment Company) a wide range of issues surrounding Traded Life Policy Investments (“death bonds”) and phoenix companies. Nick was instructed by the FSA on his return to Chambers to assist with implementation of the FS Bill (for both the FCA and PRA). He has extensive knowledge of FSMA, the Handbook and of the regulatory reform agenda.

Nick is a member of the Financial Services Lawyers Association.

Pensions

Nick is a member of Chambers’ long established and renowned team.

Current or recent work includes:
 

  • Acting (led by Andrew Spink QC) in a massive negligence claim against an investment adviser and fund manager.
  • Acting (led by Nicolas Stallworthy QC) in a dispute focussed on the proper construction of the contribution rule powers in a Trust Deed.
  • Advising (alone) a well known charity in connection with the TPS.
  • Advising a Union on employment/pension issues following changes to the defined benefit scheme of a major financial institution.
  • Advice on the pensions consequences for public sector outsourcing.

Nick frequently advises (and assists senior members of Chambers in advising) on discrete issues, recent work includes advice on scheme fetters (the Courage line of authorities), ill-health retirement and corporate acquisitions.

Nick gained valuable experience during pupillage (in 2008 he assisted David Grant with MCP v Aon Pension Trustees Ltd and on a number of Pensions/Employment crossover cases) and at the FSA (in 2011 where he drafted Handbook amendments (to take account of the automatic enrolment regulations) and advised on numerous pension “unlocking” cases).

Nick is an associate member of the Association of Pensions Lawyers.

Employment and Discrimination

In Employment and Discrimination law Nick has extensive experience appearing in the tribunal (across the country) for Claimants and Respondents (25:75). His practice includes unfair dismissal, TUPE and discrimination claims across the range of protected grounds.

Recent work has included successfully appearing (at trial) for a well-known disability charity resisting a disability discrimination claim (London South), acting for an international fashion brand (at trial) successfully defeating a claim for race discrimination (London Central), and representing a not-for-profit organisation dedicated to supporting vulnerable adults with disabilities in defeating 51 separate allegations at trial (Reading).

Nick is conscious of the significance of employment claims to Claimants and Respondents (irrespective of the value of the claim and/or the range of issues before the tribunal or court) and is always pleased to be involved in the litigation process at an early stage through written advice and/or conferences as appropriate.

He has a particular interest and experience in cross-over work between Employment and Pensions and Employment cases with a FS dimension.

Nick is a member of the Employment Lawyers Association and the Industrial Law Society. 

Nick practises in commercial law with a particular focus on Financial Services law (across the civil, criminal, and regulatory spheres), Employment law, and Pensions law.

Current or recent work includes acting for a well known investment bank in respect of investigations by the Serious Fraud Office and Financial Conduct Authority (led by Richard Lissack QC) (instructed by Clifford Chance), acting for the Directors of an off-shore Investment Manager and off-shore Fund in a massive multi-party, multi-jurisdictional high value shareholder dispute concerning various alleged frauds, breaches of fiduciary duties and numerous other claims (led by Andrew Spink QC) (instructed by Weil, Gotshal & Manges LLP), and acting for a very well known international company in a wide-ranging and complex case involving the SFO and a number of international law firms (led by Richard Lissack QC).

Current or recent Pensions work includes acting (led by Andrew Spink QC) in a very significant professional negligence claim against an investment advisor and fund manager, acting (led by Nicholas Stallworthy QC) in a dispute focussed on the proper construction of the contribution rule powers in a Trust Deed, and advising (alone) on a range of issues surrounding suspected pensions liberation.

Nick has first class degrees in Politics (BA Hons) and Law (LLB Hons). He was first in the order of merit as an undergraduate and at Bar School and held, uniquely, the Princess Royal and Sir Stephen Chapman Scholarships from Inner Temple. He is the author of chapter 3 “The Bribery Act 2010” in the Second Edition of Lissack and Horlick on Bribery (LexisNexis 2014).

Recent client feedback (from a Partner at an American Law Firm in London who instructed Nick on an FS matter) was that Nick "is bright, hard-working and a real joy to work with…we look forward to an opportunity to instruct him again."
 

Nicholas Hill
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Appointments & memberships:

  • Association of Pension Lawyers
  • Financial Services Lawyers Association
  • Employment Lawyers Association
  • Industrial Law Society