We acted for a global bank, as the seller, in an ICC arbitration relating to its sale of part of its banking operations to an overseas bank. The purchaser bank notified over 13,000 warranty claims alleging failure to fairly disclose over 100,000 third party claims involving the target, with a total value in excess of US$59 billion. The parties settled all bar 29 of these third party claims on confidential terms.

We represent an international mining company in a LCIA arbitration concerning post-M&A tax indemnity claims arising out of the sale of a company in Latin America. The matter involves complex issues of contractual interpretation as well as issues relating to local tax law and procedure and international conventions on the avoidance of double taxation.

We are advising an internationally active building materials group on the enforcement of claims under a Warranty & Indemnity insurance policy against insurers following the discovery of an accounting fraud scandal in East Asia.

We are advising a Chinese investment fund on litigation with co-shareholders, target management and former legal advisors. Advising on both defending against claims and pursuing own claims, including four court cases (one before the German Federal Supreme Court), out-of-court negotiations with various parties and strategic advice.

We are advising a leading global chemical group on various disputes with the buyer of a business unit, in particular, on indemnification claims, breaches of warranty and disputes regarding the closing accounts, including the preparation of parallel expert determination and arbitration proceedings.

We represented an LSE and JSE listed mining company in two sets of English High Court proceedings in its defences of tax indemnity and warranty claims arising out of a sale purchase agreement for a Peruvian mining company. The value of the claims was in aggregate approximately US$70m. In the first set of the proceedings our client was successful at both first instance and in the Court of Appeal, whilst the second set of proceedings settled on confidential terms. Both cases involved complex contractual interpretation questions and issues relating to Peruvian tax law and procedure.