Banking & Finance Disputes
Overview
Our highly reputed banking and finance disputes team has in-depth knowledge of the global financial services sector and its regulators. We advise investment, domestic and international banks and other financial institutions including mortgage companies, mortgage servicers, credit card issuers, fintech and insurance companies on a broad range of disputes and risk management strategies.
With significant geographic coverage, we work with our clients to resolve their complex, cross-border issues, whether it is through litigation, arbitration or any other dispute resolution forum. We also assist our clients with related regulatory investigations and enforcement actions brought by regulators around the globe.
At BCLP, we believe it is important to work with our clients at an early stage to assess and resolve issues before they become litigious, but to be prepared to take robust and resolute action to protect our client’s interests wherever necessary. We work with our clients to understand their broader objectives and develop appropriate and cost effective dispute resolution strategies for future protection.
Our advice is decisive, timely, clear and is always delivered efficiently. In doing so we guide our clients through the complex regulatory and litigation environment to reach pragmatic commercial solutions. We strive to achieve these results whilst causing as little interruption as possible on the day to day running of our client’s business.
Consumer Financial Services Litigation
Our Consumer Financial Services Litigation Team defends financial institution clients doing business in the United States against all forms of putative consumer class actions and individual claims in state and federal courts, including multi-district and bankruptcy actions, as well as in arbitrations and other alternative dispute proceedings. These cases often involve claims brought under TILA, HOEPA, RESPA, FCRA, FDCPA, ECOA, the Fair Housing Act, state unfair and deceptive practices statutes (UDAP), privacy laws, and the common law. We also regularly coordinate litigation approaches with pending regulatory or government investigations to mitigate overall risk exposure.
Meet The Team
Office Managing Partner, Irvine
Related Practice Areas
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Business & Commercial Disputes
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Class Actions
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Financial Services Corporate & Regulatory Team
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White Collar
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International Arbitration
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Insurance
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Appellate
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Data Privacy & Security
Experience
- Advised Eurosail - UK 2007 3BL PLC, the issuer in a £650 million RMBS transaction, in defending proceedings brought by noteholders. This Supreme Court case has become the seminal judgment in English law on the issue of balance sheet insolvency and is of significant importance in the securitisation industry.
- Advised a global investment bank in defending a multi-million pound claim for duress in respect of a makewhole payment under a facility agreement.
- Advised an Italian financial institution in a dispute concerning the validity of a number of interest rate swaps entered into with an Italian Municipality.
- Advised a global investment bank in a £20 million credit default SWAP claim being made up by the winding up committee of an Icelandic Bank.
- Advised an International bank in defense of multi-million dollar class action claim involving alleged conflicts of interest and breaches of fiduciary duties in management of Corporate Trust responsibilities.
- Advised a global banking institution in obtaining dismissal of putative class action pending in Central District of California alleging violations of Bank Secrecy Act and know your customer requirements in connection with consumer bank deposits and an alleged investment Ponzi scheme.
- Advised a U.S. national bank obtained dismissal of commercial lending claims in California federal court alleging unfair practices and breach of SWAP contract. vised a nationwide mortgage lender in claims involving wrongful foreclosure, HAMP loan modifications, and common laws torts related to foreclosures and eviction proceedings.
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