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Practice Summary

Saul Lemer undertakes a broad range of commercial disputes including both litigation and arbitration. Saul has been involved in a number of high value led cases but also enjoys the advocacy opportunities afforded by his un-led work.

Saul currentl acts (with Daniel Toledano QC) for Diageo in its c US$140 million Commercial Court proceedings against Vijay Mallya and others and (with Craig Orr QC) in c €300 million Commercial Court proceedings relating to the sale of a Bulgarian telecommunications business.

Other notable cases have included:

  • Romanello Financial Corp v Lars Windhorst [2017] (Comm) - claim to recover c EUR 60 million invested in shares and bonds on terms that the shares and bonds would be repurchased on a specific date.
  • Mayuli Caboose Establishment v RP&C International Ltd & Anr Case [2017] (Comm) - acted for the First Defendant in a claim for c US$11 million brought in relation to the placement of loan notes issued by a UK care home provider
  • Chesterfield United Inc. & Anr v Deutsche Bank AG & Ors [2016] (Ch) - acted for Deutsche Bank in c. €500 million litigation arising out of the sale of financial instruments (credit linked notes).
  • CMC v Tyson & Ors [2015] (Comm) - acted for CMC Spreadbet plc in a claim to recover over £3 million paid to customers of CMC Spreadbet in circumstances which CMC Spreadbet allege amounted to fraud, conspiracy and breach of contract.
  • Greenclose Ltd v. National Westminster Bank Plc [2014] EWHC 1156 (Ch) – claim relating to the notice provisions within ISDA Master Agreements.
  • Avrahami & Ors v. Biran & Ors [2013] EWHC 1776 (Ch) - acted for the Defendant in a claim relating to fraudulent misrepresentation, breaches of fiduciary duty and damages (as sole counsel, Saul cross-examined 19 claimant witnesses).
  • Fidelity Bank PLC v. Constant Capital Markets & Securities Ltd [2012] (Comm) – Banking and finance claim relating to the rectification of Repo Agreements concerning US$ 80m worth of Nigerian Government Bonds.
  • JSC BTA Bank v. Ablyazov & 11 Ors [2011] EWHC 2506 (Comm) – Banking fraud; relief from sanctions.