Paul Friedman - World Litigation Forum

Paul Friedman

Paul Friedman

Paul Friedman

Partner at W Legal | United Kingdom

Paul is a highly experienced and extremely wellregarded English
qualified Solicitor Advocate. He has acted on some of the most
interesting and complex cases of the past three decades.
Paul began his career at Clifford Chance and was involved in
the groundbreaking interest rate swap litigation and in the
appeals to the House of Lords (now, the Supreme Court).
He became a Partner at Baker McKenzie where he
remained for 12 years (also spending one year working in
the Sydney office). He represented Texan company Dee
Howard and its Italian parent Alenia against British
Aerospace, which made new law on jurisdiction clauses and
the use of anti-suit injunctions.
For many years, Paul also represented Formula One team,
McLaren International (then led by the famous Ron Dennis
alongside the Frank Williams team, bearing his name),
during their disputes about the Concorde Agreement with
the Bernie Ecclestone and Max Mosley controlled governing
body and related companies.
Paul acted for the Kuwait Investment Office and spent a
number of years litigating in London, New York, Madrid,
Jersey, Guernsey, the Cayman Islands, the Bahamas, Zurich
and Geneva in the ultimately successful efforts to trace,
freeze and recover hundreds of millions of dollars
fraudulently misappropriated from the KIO.
Having joined Clyde & Co as a Partner, where he remained
for 13 years, Paul continued to act on very high-profile
cases. He built a strong banking litigation practice and often
acted for banks such as Goldman Sachs (against Deutsche)
and JPMorgan (against Credit Suisse). Paul also took over
(from another firm) and satisfactorily settled the famous
Hicks & Gillett litigation (in Dallas and London) regarding
their investments in Liverpool FC and disputes with The
Royal Bank of Scotland.

He represented Terra Firma, founded by the highly entrepreneurial Guy
Hands, against Citibank and others in its ongoing disputes regarding the
investment in EMI.
Paul was also involved in a number of the high-profile oligarch disputes
which worked their way through the English courts for many years, acting
adverse to Roman Abramovich. This involved claims in London, Moscow
and elsewhere. In unrelated claims he acted for a syndicate of global
banks including Deutsche Bank, Merrill Lynch and JPMorgan in recovering
certain debts in relation to Kazakh BTA Bank.
He later led a large team acting on a series of highly complex derivatives
disputes for a number of major Indian companies against global banking
giants such as Standard Chartered, BNP Paribas and Barclays Bank. The
claims were valued at hundreds of millions of dollars and Paul achieved
great success for his clients (many via settlement agreements after
winning a major arbitration). The claims involved both litigation and
arbitrations in London and New York as well as in Delhi, Mumbai and
Pune for a number of large Indian based companies which had lost
money on ISDA Master Agreement governed transactions.
Paul also acted for Dutch government entities against a number of global
banks in relation to complex banking transactions and also for certain
banks such as Bank of New York Mellon in relation to unrelated claims.
He successfully represented an ultra-high-net-worth family with strong
Israeli connections in a series of disputes in London, Hong Kong and
Jersey.

His clients describe Paul as “commercially minded and results-oriented”,
“hugely talented” and “a tough operator” who “thinks outside the box”. Peers
commend him as having “one of the best legal minds in his field” and “a great
business brain”, also considering him to be “absolutely brilliant” and “a great
tactician.”

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