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Hausfeld Bolsters its Financial Services Litigation Team with Appointment of John McElroy as Partner

Related Lawyers: John McElroy
Related Practice Areas: Commercial and Financial Services Litigation

London, 14 March 2016: Claimant law firm Hausfeld has today announced the appointment of John McElroy as a Partner in its London Office. A financial and commercial litigation specialist, John will help spearhead the firm’s rapidly expanding banking and commercial litigation practice.

John’s broad spread of litigation experience includes actions both for and against major investment banks in high-profile, high-value financial disputes often involving complex and technical banking issues. John has acted for major domestic and international companies as well as for individuals in the High Court and the appeal courts, and acted for the successful claimants in the first case to reach judgment in the High Court’s new Financial List.  He has also acted in regulatory investigations involving both the UK Financial Conduct Authority and the US Securities and Exchange Commission and been involved in LCIA, ICC and ICSID arbitrations involving parties in various different jurisdictions. John joins Hausfeld from the London Office of Quinn Emanuel Urquhart & Sullivan LLP and previously worked at Travers Smith and Barlow Lyde & Gilbert. 

Commenting on John’s appointment, Anthony Maton, Managing Partner of Hausfeld London, said: “In the last 2 years, Hausfeld has extended its reputation as a dynamic and pioneering claimant law firm successfully establishing a presence in banking litigation alongside its market-leading claimant-side competition practice. We are pleased to add John to our accomplished team of lawyers in London and his skill and expertise will be of great assistance in driving the development of this practice area forward.”

John McElroy added: “I am delighted to be joining Hausfeld. The firm’s rapid expansion is a testament to its recent success and I look forward to driving the firm’s financial services practice and assisting claimants in obtaining the redress to which they are entitled.”

Following the leading LIBOR instruction in Graiseley Properties Ltd v Barclays Bank plc, Hausfeld continues to be at the forefront of litigating some of the most high-profile and complex financial services actions to emerge in England and Wales in recent years. This includes Wingate Associates Ltd v Lloyds Bank plc, which may pave the way for a second wave of LIBOR-related litigation where previous settlements will be challenged; the much publicised Arthur Holgate & Sons Limited (in creditors’ voluntary liquidation) v Barclays Bank Plc, claiming the mis-selling of financial instruments and LIBOR-related misrepresentations; and Premier Motor Auctions (in liquidation) v Lloyds Bank and PricewaterhouseCoopers alleging that the bank and advisor worked together and against the interest of Hausfeld’s client. Drawing on our unique strengths in competition and financial services litigation, Hausfeld is perfectly positioned to act in claims arising out of LIBOR, Forex and other benchmark manipulations in the financial markets. John’s appointment will consolidate Hausfeld’s position as a go-to firm for claimants in banking disputes.

John is the latest in a series of high-calibre hires in London following competition litigators Ed Coulson and Anna Morfey who joined Hausfeld as Partners last year. In addition to John’s appointment, Hausfeld is also pleased to announce the recruitment of further talent at Associate level in London. Chris Tanoh joined from Nabarro LLP, Jessica Philipps and James Groves from Clifford Chance, and Mardie Landvogt and Eliot Oliver from Slater & Gordon. Only a month ago, Hausfeld promoted Tom Bolster, Lesley Hannah, Wessen Jazrawi, Natalya King and David Lawne to Senior Associates in recognition of their outstanding performance.

END

Notes to Editors

For further information please contact:

Ryan McSharry / Helen Scott

Infinite Spada

Tel: +44 (0)20 7269 1430

rmcsharry@infinitespada.com / hscott@infinitespada.co.uk

 

About Hausfeld

Hausfeld is a leading global law firm with offices in Berlin, Brussels, London, New York, Philadelphia, San Francisco, and Washington, DC. The firm has a broad range of complex litigation expertise, particularly in antitrust/competition, financial services, sports and entertainment, environmental, mass torts, consumer protection, and human rights matters, often with an international dimension. Hausfeld aims to achieve the best possible results for clients through its practical and commercial approach, avoiding litigation where feasible, yet litigating robustly when necessary. Hausfeld’s extensive experience with alternative and innovative fee models offers clients a diverse menu of engagement options and maximum flexibility in terms of managing their cost exposure. Hausfeld is the only claimant firm to be ranked by the Legal 500 and Chambers & Partners as a top tier firm in private enforcement of antitrust/competition law in both the United States and the United Kingdom.

For more information about the firm, including recent trial victories and landmark settlements, please visit: www.hausfeld.com