John Reynolds is Head of the London Litigation Department. He is a well known litigator with a broad international dispute resolution practice, focussing, in particular, on banking, finance and investment disputes.
John represents parties in the English courts at all levels and in numerous international arbitration tribunals. He has also litigates in jurisdictions outside the UK; his recent experience includes the USA, Nigeria, Eastern Caribbean (in particular, British Virgin Islands, Anguilla, Antigua, St. Kitts and St. Lucia), and other offshore jurisdictions. John is consistently recognised as a leading litigator by legal commentators and directories, including, Chambers UK
, UK Legal 500
and Chambers Global
and has been named in The Lawyer
's Hot 100
"Described by clients as a 'highly business-oriented
' and an 'effective'
litigator whose greatest strength is his 'problem-solving approach
,' which keeps clients' commercial goals firmly in mind "he gives practical advice in challenging situations where others might flounder
"formidable reputation and always attracts high-profile work
"John Reynolds is
' in this field; he is
'technically strong but very commercial and pragmatic and really gets into the detail'
"'A powerful force in litigation both domestically and internationally
All from Chambers UK, Chambers Global and UK Legal 500, various editions to 2013
Recent representations include:
Banking/finance disputes, including:
- Representing various investment banks and other financial institutions in litigation and disputes arising from syndicated lending, secondary debt, bond issuance and trading, structuring of and trading in derivative products and prime brokerage arrangements, amongst others.
- Representing the Turkish conglomerate, Cukurova, in long-running litigation concerning the enforcement of security over a controlling block of shares in the leading Turkish mobile telephone operator. The principal litigation is before the courts of the British Virgin Islands and there have been five appeals (so far) to the Privy Council in London.
- Challenging, by way of judicial review, the UK Government's implementation into English law of the European directive on financial collateral arrangements.
Disputes arising out of the global financial crisis, including:
- Representing the largest shareholder (a hedge fund) in Northern Rock, at the time of its nationalisation by the UK Government, involving proceedings against HM Treasury in the English Court and against the British Government in the European Court of Human Rights.
- Representing various financial institutions in claims against Lehman Brothers, in particular in relation to derivative positions.
Joint venture and shareholder disputes, including:
- Representing an oil company in the unwinding of a complex joint venture arrangement in Indonesia, including advising on potential litigation in Indonesia, London and Jersey.
- Representing a shareholder in a dispute relating to the restructuring of an Eastern European retail group, involving the acquisition of shares and the repayment of debt.
- Representing a Central Asian oil company in claims against its former management and shareholders.
Regulatory investigations, including:
- Representing a party in the investigation into the alleged manipulation of LIBOR.
- Representing a party in connection with an FCPA investigation into activities in the Gulf.
- Representing a party in an investigation by a Nigerian Parliamentary body.
M&A disputes, including:
- Numerous breach of warranty claims (for both claimant and defendant).
- Representing an Eastern European purchaser of a steel company in litigation concerning the seller's failure to complete the transaction.
- Conducting a detailed review of shareholder litigation in Cyprus for a potential purchaser of the Claimant.
- Representing a party in Nigerian litigation arising out of a public offering.
- Advice, in conjunction with the corporate/M&A team, during the course of transactions.
Cartel claims, including:
- Representing a Hungarian oil company in claims in the English and Dutch Courts regarding participation in a pan-European cartel in paraffin wax.
- Representing two Czech petrochemical companies' claims in the English and Italian Courts regarding participation in a pan-European cartel in synthetic rubber.
John's experience also includes numerous fraud and asset-tracing claims throughout his career, trust claims and, recently, claims and injunctive action on behalf of a client that had been the subject of a cyber-attack.
John is a member of the International Bar Association, the British Association for Sport and Law and the Committee of the Commercial Litigators Forum. He sits as an arbitrator, including as a member of the FA Premier League Appeals Panel.
Bars and Courts
England and Wales, 1987
Postgraduate, University College London, 1993
LPC, Bristol Polytechnic, 1985
LLB, Reading University, 1984
Co-author, "Litigation in the Hedge Fund World" chapter, Hedge Funds: A Practical Global Handbook to the Law and Regulation, Globe Law and Business, September 2012