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David Lord QC

Call 1987 Silk 2009

David’s practice comprises Commercial and Chancery Litigation and Arbitration with particular emphasis on Insurance and Reinsurance, Company and Insolvency, Civil Fraud and Asset Tracing and Media and Entertainment in England and other jurisdictions in the Caribbean and Far East.

David is a member of COMBAR and the Chancery Bar Association. He is called to the Bar of the British Virgin Islands and has been called to the Bar of the Cayman Islands for particular cases. David is a Fellow of the Chartered Institute of Arbitrators and is called to the New York State Bar (FLC).

David was heavily involved in the Lloyd’s litigation in the 1990s acting on behalf of the Names. He then became involved in the arbitrations that arose following the personal accident spiral and has since been involved in a number of High Court actions and arbitrations representing insureds, Lloyd’s syndicates, corporate insurers and reinsurers and brokers.

David was involved in the litigation that arose in relation to British & Commonwealth, Maxwell and Barings and acted for Prince Jefri in his long running dispute with the State of Brunei and the Brunei Investment Agency and for Mr Cherney in his oligarch battle with Mr Deripaska. He is currently involved in other litigation in London and the BVI involving Russian oligarchs.

David has recently been involved in a large number of international arbitrations concerning subjects such as viatical insurance policies, a Romanian Bank, a Nigerian mobile telephone network, a steel mill in Malaysia and a dispute between a Chinese company and a Russian business concerning mobile telephone communications in Russia.

He has been involved in a number of cross-border insolvency proceedings and in recent years has been heavily involved in Madoff related litigation in the British Virgin Islands, Court of Appeal of the Eastern Caribbean and the Privy Council acting on behalf of Swiss Banks, and in proceedings brought in the Cayman Islands by the liquidator of a Cayman Fund against the directors of the Fund and to re-claim redemption payments from investors made prior to the liquidation.

David has also acted for a number of high profile sports stars, musicians and actors as well as corporate entities involved in the media and entertainment industry.

  • What the directories say
    • David is listed as one of the leaders of the Bar in the current editions of Chambers UK and Chambers Global where he is described respectively as being “very hands-on, really does his prep, knows the matter inside out and backwards – generally very impressive” and as having “a great reputation particularly for BVI work.”Chambers & Partners UK
    • He is also listed as a “Leading Silk” in The Legal 500 where he is described as both as “A superb advocate who has an immediate grasp of a situation and makes incisive decisions” and “A friendly barrister with excellent drafting skills and a practical outlook” and in “Legal Experts”.Legal 500
  • Cases of interest
    • Weavering Macro Fixed Income Fund Ltd v SEB AB4th December 2015 – Cayman Islands – The Honourable Nigel Clifford QC A successful claim by liquidators of a Cayman Fund to recover redemption payments made to an investor as invalid preferences.
    • Tseitline v Mikhelson [2015] EWHC 3065 (Comm)Stephen Phillips J upheld personal service of Commercial Court proceedings on a Russian oligarch.
    • The Federal Republic of Brazil v Durant [2015] UKPC 35The Privy Council upheld the decisions of the Royal Court and Court of Appeal in Jersey in allowing backwards tracing.
    • Michael Norcross & Ors v The Estate of Christos Georgallides[2015] EWHC 2405 (Comm)Andrew Smith J dismissed the Claimants’ claims concerning the running of the Sugar Hut nightclubs on the basis that the claims had not been made out and in any event were barred by a settlement agreement and limitation.
    • Weavering Macro Fixed Income Fund Ltd v Peterson and Ekstrom (26th August 2011 and 12th February 2015 – Andrew Jones J and Court of Appeal) A claim by Liquidators of a Cayman Fund for US$111 million against the directors of the Fund.
    • Fairfield Sentry Ltd (in liquidation) v Migani & Ors [2014] UKPC 9The Privy Council dismissed the Liquidator’s appeals against the decisions of Bannister J dismissing the Liquidator’s claims to repayment of sums paid to the redeeming shareholders on account of the Ponzi Scheme run by Mr Madoff.
    • Arts & Antiques Ltd v Richards and Others [2013] EWHC 3361 (Comm). The Commercial Court struck out an insured’s claim for breach of contract and professional negligence arising out of the refusal of an indemnity under an insurance contract where the same claim had been determined by arbitration. An issue estoppel arose as against the insurers in relation to the presence of a condition precedent in the policy and it would be an abuse of process to allow the insured to fight that issue against the brokers, who had not been parties to the arbitration.
    • RP Explorer Master Fund v Chilukuri [2013] EWHC 103 (Ch). Judgment was entered for a Cayman Fund for US$91 million in a dispute concerning investments in India and the Democratic Republic of Congo.
    • Fairfield Sentry Limited (In Liquidation) v Bank Julius Baer & Co Ltd & OrsBVIHC (COM) 30/2010 and 7 Other Claims.The Court of Appeal upheld the judgment of Bannister J granting judgment to the Defendant Banks in respect of the Liquidator’s claim to claw-back historical redemption payments on the basis they were paid under a mistake.
    • The Seashell of Lisson Grove Ltd and Ors v Aviva Insurance and Ors [2011] EWHC 1761 (Comm) Teare J The trial of 3 preliminary issues concerning an insurance policy for a famous restaurant in London that had suffered losses from a catastrophic fire.
    • Michael Cherney v Oleg Deripaska [2009] EWCA Civ 849 A very large claim between oligarchs in which the English Court gave permission for the claim form to be served out of the jurisdiction where the risks inherent in a trial in Russia were sufficient to make England the forum in which the case could most suitably be tried in the interests of both parties and the ends of justice.
    • Aspen Insurance UK Ltd v Pectel Ltd [2009] Lloyd’s Rep. I.R. 440Teare J – A claim by Insurers for a declaration that they were not liable to indemnify the Insured because of a breach of a condition precedent in the insurance policy.
    • Re East Sussex County Council & Ors [2009] EWHC 935 (Fam)Eleanor King J – A decision that a reporting restriction should not be continued where the material in dispute was extensively available on the internet and had been in the public domain for a significant length of time.
    • Aspinall’s Club Limited v Fouad Al-Zayat [2008] EWHC 2101 (Comm) Teare J - An assent by a gaming club to a gambler’s suggestion that he should be allowed one year in which to repay a gambling debt, but that during that period he would continue to gamble at the club and would repay the money out of any money won, amounted to providing or allowing him credit contrary to the Gaming Act 1968 s. 16(1(b).
    • Michael Wilson & Partners Ltd v Temujuin International Ltd and Ors [2008] High Court of Justice, British Virgin IslandsA large fraud case involving asset tracing in the BVI, Bahamas, England and Australia, worldwide freezing orders and the appointment of receivers and applications to dismiss such orders.
    • Amedeo Hotels Ltd Partnership & Ors v Zaman & Ors[2007] EWHC (Comm) 295David Mackie J - an application to discharge a worldwide freezing order made pursuant to section 25 Civil Jurisdiction and Judgments Act 1982 on the grounds of material non-disclosure.
    • Aspinall’s Club Limited v Fouad Al-Zayat[2007] EWCA 1001The Court of Appeal allowed the appeal of Mr Al-Zayat and held that on a proper analysis of the provisions of section 16 Gaming Act 1968 Mr Al-Zayat had defences with reasonable prospects of success and summary judgment should not have been entered against it.
    • His Royal Highness Prince Jefri Bolkiah v The State of Brunei Darussalam and Anr [2007] UKPC 62Following hearings before the Chief Justice and the Court of Appeal in Brunei, the Privy Council decided that the Chief Justice of Brunei was correct not to recuse himself from hearing the proceedings and there were no grounds for granting a stay on the basis that there could not be a fair hearing of the application to enforce the Settlement Agreement.
    • His Royal Highness Prince Jefri Bolkiah v The State of Brunei Darussalam and Anr[2007] UKPC 63Following hearings before the Chief Justice and the Court of Appeal in Brunei, the Privy Council decided that Prince Jefri had no reasonably arguable defence to the claim by the Brunei Investment Agency to enforce a Settlement Agreement reached on 12th May 2000.
    • Konkola Copper Mines & Anr v Coromin Ltd and Any [2006] EWCA Civ 5 Court of Appeal. An application for a stay of proceedings against Reinsurers on jurisdictional and case management grounds.
    • Freakley & Ors v Centre Re & Anr [2006] 1 WLR 2863 House of Lords. An appeal concerning whether claims handling costs amounted to administration expenses.
    • Feasey v Sun Life & Phoenix, Steamship Mutual v Feasey[2003] EWCA Civ Court of Appeal. An avoidance action which also involved consideration of the Life Assurance Act 1774 and insurable interest generally and is currently being appealed to the House of Lords.
    • Henderson v Merrett Syndicates[1995] 2 AC 145House of Lords. A decision on the particular construction of the agency agreements entered into between names, members’ agents and managing agents at Lloyds and the tortious duties owed between those persons.
    • Deeny & Ors v Gooda Walker Ltd and Ors [1994] CLC 1224Phillips J. The first major Lloyd’s Action (arising out of the difficulties encountered by those underwriting through Lloyds in the late 1980s and early 1990s in the LMX Spiral) involving an Action Group of Names to get to trial and judgment.
    • Akinola v Heath [2002] EWHC 2062 (Ch)An action to determine who owned the copyright in the highly successful dance song "The Key, The Secret"
  • Professional membership
    • Chancery Bar Association
    • COMBAR
    • Called to the Bar of the British Virgin Islands
    • Called to the New York State Bar (FLC)
    • Fellow of the Chartered Institute of Arbitrators

     

  • Education

    King’s School, Rochester.

    University of Bristol

     

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