Alex Taylor
Senior Clerk
+44 (0)20 7842 3706
Click here to email
Alex Taylor
Senior Clerk
+44 (0)20 7842 3706
Click here to email
Luke Diebelius
Team Leader
+44 (0)20 7842 3711
Click here to email
Matthew Evans
Team Leader's Assistant
+44 (0)20 7842 3707
Click here to email
Peter Watts KC, FRSNZ is a New Zealand barrister.
He currently practises full-time at Bankside Chambers, Auckland, one of New Zealand’s leading commercial sets. He has appeared as counsel at all levels of the New Zealand superior courts. He provides opinions, and is available to act in arbitrations, in England and elsewhere through Fountain Court but is not admitted to the English bar.
He is a world expert, both as barrister and academic, on the law of agency. Since 2008 he has been the General Editor of Bowstead and Reynolds on Agency (23rd ed, 2024). He has given expert evidence and advised on issues of agency law in proceedings in many jurisdictions and in international arbitrations. His practice otherwise is principally in the areas of company law, insolvency law, restitution, commercial trusts and equity.
Peter taught law at the University of Auckland for over 30 years, and currently holds a visiting professorship at the University of Oxford. He is a Senior Research Fellow of Harris Manchester College, Oxford. His other books include Directors’ Powers and Duties (3rd ed, 2022), and P Watts, N Campbell and C Hare, Company Law in New Zealand (2nd ed, 2016). He is also one of the contributing editors for Chitty on Contracts (35th ed, 2023). He recently graduated Doctor of Civil Law at the University of Oxford.
Re Cryptopia Ltd [2020] NZHC 728 and [2024] NZHC 21
Acted as lead counsel in the Commonwealth’s first fully contested case as to whether cryptocurrencies are property. Successfully argued that cryptocurrency exchange held currency on trust for investors. In 2023-2024 acted as amicus curiae on complex applications for distribution of crypto-assets to some 800,000+ eligible accountholders.
Singularis Holdings Ltd v Daiwa Capital Markets Europe Ltd [2019] UKSC 50
Advising on issues of attribution of acts and knowledge in company law.
Eze v Conway [2019] EWCA Civ 88
Advising on whether introducing agent owed fiduciary duties.
UBS AG (London Branch) v Kommunale Wasserwerke Leipzig GmbH [2017] EWCA Civ 1567
Advising on a range of agency law issues.
Dunhill v Burgin [2014] UKSC 18
Advising on apparent authority of barrister acting for incapax client to enter into settlement of litigation.
“We have been greatly helped by the analysis provided by Professor Watts in a characteristically lucid article, ‘Illegality and Agency Law: Authorising Illegal Action’ [2011] JBL 213”
Lord Toulson and Lord Hodge in Bilta (UK) Ltd v Nazir (No 2) [2015] UKSC 23 at [159]
“The reasoning in the Akai case has been the subject of strong criticism, however: Bowstead & Reynolds on Agency (21st edn, 2017) paras 8–49 to 8–50; P Watts, ‘Some Wear and Tear on Armagas v Mundogas—The Tension between Having and Wanting in the Law of Agency’ (2015) 1 LMCLQ 36, 48–56. In the Board’s respectful view, much of that criticism has considerable force”:
Lord Kitchin in East Asia Co Ltd v PT Satria [2019] UKPC 30 at [85]
“The facts of the case are somewhat complex and the reasoning of the opinions of Lord Westbury LC, Lord Cranworth and Lord Chelmsford is not always entirely easy to follow. The decision has been carefully and interestingly analysed by Professor Watts, ‘Tyrrell v Bank of London – an Inside Look at an Inside Job’ (2013) 129 LQR 527”:
Lord Neuberger in FHR European Ventures LLP v Cedar Capital [2014] UKSC 45 at [23]
“Authority to act as agent includes only authority to act honestly in pursuit of the interests of the principal.” The basis for this proposition is elucidated both in the comment that follows it [in Bowstead & Reynolds] and in a valuable article by the current main editor, Peter Watts, “Actual authority: the requirement for an agent honestly to believe that an exercise of power is in the principal’s interests” [2017] JBL 269.
“Professor Watts, who has done much to illuminate this area of the law, disputes that conclusion.”
Lord Leggatt in Philipp v Barclays Bank UK Plc [2023] UKSC 25 at [72] and [92]
Alex Taylor
Senior Clerk
+44 (0)20 7842 3706
Click here to email
Luke Diebelius
Team Leader
+44 (0)20 7842 3711
Click here to email
Matthew Evans
Team Leader's Assistant
+44 (0)20 7842 3707
Click here to email