Year of Call:
Nick practises in commercial law with a particular focus on (1) Financial Services law (across the civil, criminal, and regulatory spheres); (2) Pensions law; and (3) Employment Law. He is a member of the Attorney General’s C Panel of Junior Counsel to the Crown.
Current or recent commercial work includes acting (alone) for the subsidiary of a well known PLC to obtain a freezing injunction and search order, 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), and 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).
Current or recent Pensions work includes acting (led by Andrew Spink QC) in a very significant professional 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, 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 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) was that Nick “is bright, hard-working and a real joy to work with…we look forward to an opportunity to instruct him again.”
Examples of Nick’s commercial work include:
- A multi-party, multi-jurisdictional high value shareholder dispute concerning various alleged frauds, breaches of fiduciary duties and numerous other claims in respect of an investment fund in the Cayman Islands and its investment manager in the BVI. Nick was led by Andrew Spink QC for the directors of the corporate entities central to the dispute.
- Advising and acting (alone) for the subsidiary of a well known PLC to obtain a freezing injunction and search order arising from a fraud committed by a fiduciary of the company. Nick appeared (alone) at the original ex-parte hearing, on the return date and on the successful application for summary judgment in respect of the substantive proceedings.
- Acting (led by Richard Lissack QC) in a case concerning the procedure for the transfer of shares in a Russian Oil Company following a successful claim for breach of contract and an order for specific performance.
- Advising a public authority (alone) on a complex claim for deceit and breach of contract.
- Acting (with Richard Lissack QC) in an LCIA Arbitration representing a Belize company (with subsidiaries in Cyprus and Russia) in respect of a multi-million pound breach of contract by a Russian company.
Nick is a member of Chambers’ long established and renowned Pensions team.
Current or recent work includes:
- Acting (led by Nicolas Stallworthy QC) in a dispute focussed on the proper construction of the contribution rule powers in a Trust Deed.
- Acting (led by Andrew Spink QC) in a massive negligence claim against an investment adviser and fund manager.
- Two on-going professional negligence cases arising out of allegedly failed scheme equalisations (led by Nicolas Stallworthy QC)
- 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 has particular experience of Pensions/Employment cross-over cases and of Pensions/FCA cross-over issues. When seconded to the FSA in 2011 Nick 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.
Nick’s practice crosses the regulatory, civil and criminal spheres and is built on invaluable experience gained in 2010/11 on secondment to the General Counsel’s Division at the Financial Services Authority. At the FSA Nick advised on a broad range of matters, including the first ever use of the SRR and BIP under the Banking Act 2009 (Re Southsea Mortgage and Investment Company). He had regular engagement with FSA Enforcement and SFO investigatory work.
Since returning to Chambers Nick has been regularly instructed by the FSA and by the FCA. He drafted handbook provisions for the FS Bill (for both the FCA and PRA) and in respect of implementation of CRD IV.
More recently, his FS practice has included a wide range of mis-selling claims (often in respect of derivative products, including LIBOR linked products), perimeter issues and FCA (and SFO) investigatory work. More specifically, Nick’s current or recent work includes:
- Advising an American PE fund on sanctions issues arising from contracts concluded in London.
- Acting, with Richard Lissack QC, for a well-known international company (previously listed on the LSE) on a wide-ranging and highly confidential action involving the SFO (alleged bribery issues), HMT (alleged sanctions issues), FCA, UKLA and a number of international law firms, regulators and prosecuting authorities.
- Acting (alone) for a junior manager in respect of enforcement proceedings being pursued by the FCA.
Nick is the author of chapter 3 “The Bribery Act 2010” in the Second Edition of Lissack and Horlick on Bribery (LexisNexis 2014) and writes for Lexis PSL (most recently on Corporate Transactions and Bribery, January 2016).
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 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).
- Obtaining a protective award of 90-days for 104 Claimants following the closure of a factory (Ashford).
- Representing a not-for-profit organisation dedicated to supporting vulnerable adults with disabilities in defeating 51 separate allegations at trial (Reading).
- Acting for the subsidiary of a well known PLC in the High Court in obtaining a freezing injunction arising from a fraud committed by company employee. Nick appeared (alone) at the original ex-parte hearing, on the return date and on the successful application for summary judgment in respect of the substantive proceedings (in respect of both breach of fiduciary duty and breach of contract).
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 element.
Nick is a member of the Employment Lawyers Association and the Industrial Law Society.
Appointments & Memberships
- Association of Pension Lawyers
- Financial Services Lawyers Association
- Young International Arbitration Group
- Commercial Bar Association
Areas of Law
- Business Crime
- Disciplinary & Regulatory
- Employment & Discrimination
- Financial Services
- Health, Safety & Environment
- Pensions & Trusts
- Professional Negligence
- Public Law
“is bright, hard-working and a real joy to work with…we look forward to an opportunity to instruct him again.” a Partner at an American Law Firm in London who instructed Nick on an FS matter