Rachael Baillie

Experience

Commercial & Financial Disputes

At Hausfeld, Rachael has been a pivotal member of the team working on FX Claim UK, a proposed collective action in respect of FX spot trading cartels.

Additionally, she is acting for:

• The claimant in R (on the application of All-Party Parliamentary Group on Fair Business Banking) v Financial Conduct Authority, in its application to challenge the lawfulness of the decision of the FCA not to establish a mechanism of redress following the exclusion of bank customers from the FCA’s IRHP compensation scheme. Permission was won in June 2023 (reported at [2023] EWHC 1616) and the upcoming trial is one of The Lawyer’s ‘Top 20 Cases’ of 2024.
• Acting on behalf of Phillip Evans to bring a collective action against 8 global banks who manipulated the FX market.

Experience that Rachael obtained prior to Hausfeld includes:

• Representing the claimant in R (on the application of All-Party Parliamentary Group on Fair Business Banking) v The Financial Conduct Authority, in its application to challenge the lawfulness of the decision of the FCA not to establish a mechanism of redress following the exclusion of thousands of bank customers from the FCA’s compensation scheme relating interest rate swap mis-selling.
• Advised public bodies on strategic pre-action matters and the avoidance of litigation in contract and procurement disputes.
• Advised clients on the disclosure of official information.
• Advised on equitable tracing of property, negligence claims, applications for High Court directions and insurance coverage.
• Advised on fair trading laws, credit contracts legislation and regulatory compliance.
• Defended applications for the disclosure of a client’s customer information in the civil and criminal jurisdiction.
• Defended a regulatory prosecution.
• Advised on contract, tort, private international and intellectual property cases.
• Acted in debt recovery proceedings, including a cross-border claim.
• Advised public bodies on licensing and prosecutorial decisions.

Technology & Data Breach

At Hausfeld, Rachael is a member of the team which filed a CPR 19.6 representative action in the High Court against Marriott International on behalf of Martin Bryant, representing millions of affected individuals concerning a major data breach involving the Starwood guest reservation database when unknown persons gained access to hundreds of millions of guest records between July 2014 and September 2018.