Camerons has formed a team of lawyers from its litigation, capital markets, banking, insurance and financial services regulatory practices to advise on potential disputes in the
The team is hosting a seminar for clients today (29 November) alongside US law firm Thacher Proffitt & Wood discussing the effect of US finance litigation on
the UK as well as looking at proposed new legislation and the reasons for the sub-prime crisis.
Camerons litigation partner Guy Pendell, who is leading the debate, commented: “We are very well placed to do this kind of work and do not have the same level of conflicts as magic circle firms could have, for example.
“Clients could be involved in either side of a conflict so it is not a situation where you can say you will only act for banks,” he added.
Crucially, the City firm is inviting institutional investors to the seminar.
Pendell added: “This raises potential conflicts issues, but we do not think it is the type of work where you back one horse and have to stick with it. It is all about informing clients, be they banks or investors, on either side of a situation.”
Some other
Barlow Lyde & Gilbert is known to have taken on a number of mandates from hedge funds that could result in litigation against banks, while SJ Berwin has already accepted some instructions against banks and other financial institutions.
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