Call 2011
“Rebecca has extremely good judgement, is exceptionally bright and a real pleasure to work with. She is also a clear and calm advocate who delivers the points very effectively.”
The Legal 500
Alfie Harper
Team Leader
+44 (0)20 7842 3806
Click here to email
Sam McCrone
Team Leader's Assistant
+44 (0)20 7842 3714
Click here to email
Rebecca Loveridge is a highly regarded junior who is regularly instructed in complex, high profile commercial disputes.
Notable examples include Watchstone Group Plc v PwC LLP, a £63 million dispute involving allegations of breach of confidence; R (Elliott) v London Metal Exchange, an action for judicial review and damages under the Human Rights Act arising out of turmoil in the nickel market; Dana Gas PJSC v Dana Gas Sukuk Ltd, a $737 million dispute concerning the validity of an Islamic finance agreement; Aldersgate Investments Ltd v Bank of Scotland Plc, a claim for more than £185 million arising out of the claimants’ entry into LIBOR-referenced transactions; Industrial and Commercial Bank of China Limited v Ambani, a claim for more than $685 million under a disputed guarantee, and Director of the SFO v ENRC, a highly-publicised dispute concerning the scope of legal professional privilege.
Her cases often have an international dimension, giving rise to disputes as to jurisdiction and choice of law.
Rebecca is regularly instructed as sole counsel to advise and to appear in courts and tribunals. She is equally at home whether dealing with matters on her own or acting within counsel teams on the most substantial matters.
Rebecca was listed in the “Top Ten under Eight Years’ Call” in the The Legal 500 2019 and is ranked as a Leading Junior for Banking & Finance and Financial Services in Chambers & Partners and for Banking & Finance and Financial Services Regulation in The Legal 500.
Watchstone Group Plc v PwC LLP [2023] EWHC 1133
Acting (with Richard Handyside KC) for the Defendant in the successful defence of a claim for £63 million, involving allegations of breach of confidence and unlawful means conspiracy.
R (Elliott) v (1) The London Metal Exchange Plc (2) LME Clear Limited
Acting (with Jonathan Crow KC, James McClelland KC, Emily Mackenzie and Alastair Richardson) for the Defendants in defence of an application for judicial review and claim for damages under the Human Rights Act 1998 in connection with the Defendants’ decision, following an unprecedented spike in the price of nickel futures, to suspend the market and cancel trades.
R (Donegan) v Financial Services Compensation Scheme Limited [2021] EWHC 760 (Admin)
Acting (with Richard Handyside KC) for the Defendant in this high profile judicial review arising out of the collapse of London Capital & Finance Plc and concerning the meaning and effect of provisions of FSMA 2000.
Industrial and Commercial Bank of China Limited v Ambani [2019] EWHC 3436 (Comm); [2020] EWHC 1403 (Comm)
Acting (with Bankim Thanki KC and Laura Newton) for the claimant in a claim for payment of more than $700 million under the terms of a disputed guarantee.
PCP Capital Partners LLP v Barclays Bank Plc [2020] EWHC 1393 (Comm)
Acting (with Richard Lissack KC) for Barclays Bank in proceedings concerning an alleged waiver of privilege.
Rebecca has particular experience of administrative and public law issues arising in the context of financial services provision and regulation. She is ranked as a Leading Junior for Financial Services in Chambers & Partners 2022 and for Financial Services Regulation in The Legal 500 and has applied her financial services expertise in a number of public law matters.
R (Elliott) v (1) The London Metal Exchange Plc (2) LME Clear Limited
Acting (with Jonathan Crow KC, James McClelland KC, Emily Mackenzie and Alastair Richardson) for the Defendants in defence of an application for judicial review and damages under the Human Rights Act 1998 in connection with the Defendants’ decision, following an unprecedented spike in the price of nickel futures, to suspend the market and cancel trades.
R (Donegan) v Financial Services Compensation Scheme Limited [2021] EWHC 760 (Admin)
Acting (with Richard Handyside KC) for the Defendant in a judicial review arising out of the collapse of London Capital & Finance Plc and concerning the meaning and effect of certain provisions of FSMA 2000.
Advising the Financial Reporting Council in relation to administrative and public law issues, including with regard to the publication of decisions and other documents and its powers to obtain information.
Rebecca is instructed on a wide range of matters involving air travel, aircraft finance and maintenance and other aspects of aviation.
Alterna Aircraft VIII LLC v Azex Leasing Limited
Acting (with Akhil Shah KC) for the Claimant in this dispute concerning the meaning and effect of certain aircraft lease agreements.
Advising (with Akhil Shah KC) on an issue of interpretation of the Cape Town Convention in the context of an airline’s insolvency.
Instructed by the defendant in a dispute concerning work carried out, and money owed, under an aircraft maintenance agreement.
Instructed by an air services provider in a dispute with a former shareholder.
Instructed by the claimant in a claim for unpaid sums due under an aircraft maintenance agreement.
Alpstream AG v PK Airfinance & GE Capital Aviation Services
Instructed as part of the claimant’s legal team in a substantial dispute involving the alleged sale of aircraft at an undervalue.
Instructed by the Civil Aviation Authority (‘CAA’) on an appeal from the revocation by the CAA of a travel provider’s operating licence.
Numerous instances of advising and acting for airlines in relation to disputed claims under the Montreal Convention and EU Regulation 261/2004.
Rebecca is ranked as a Leading Junior for Banking & Finance by Chambers & Partners and The Legal 500. Her practice encompasses a wide variety of banking, finance and consumer credit litigation, ranging from substantial international matters to smaller, consumer-oriented disputes. She has acted for major retail, investment and central banks.
R (Elliott) v (1) The London Metal Exchange Plc (2) LME Clear Limited
Acting (with Jonathan Crow KC, James McClelland KC, Emily Mackenzie and Alastair Richardson) for the Defendants in defence of an application for judicial review and damages under the Human Rights Act 1998 in connection with the Defendants’ decision, following an unprecedented spike in the price of nickel futures, to suspend the market and cancel trades. The issues include interpretation of the FSMA 2000 (Recognition Requirements for Investment Exchanges, Clearing Houses and Central Securities Depositories) Regulations 2001 and related legislation.
R (Donegan) v Financial Services Compensation Scheme Limited [2021] EWHC 760 (Admin)
Acting (with Richard Handyside KC) for the Defendant in this high profile judicial review arising out of the collapse of London Capital & Finance PLC and concerning the meaning and effect of certain provisions of FSMA 2000.
Industrial and Commercial Bank of China v Ambani [2019] EWHC 3436; [2020] EWHC 1403 (Comm)
Acting (with Bankim Thanki KC and Laura Newton) for the claimant bank in respect of a claim for more than $700 million under a disputed guarantee.
Scarborough Group Developments Limited v Bank of Scotland Plc
Acting (with Richard Handyside KC and Rupert Allen) for Bank of Scotland in respect of a £500 million claim by 54 companies and other entities, concerning allegations of misrepresentation and breach of contract.
Dana Gas PJSC v Dana Gas Sukuk Limited [2018] 1 Lloyd’s Rep 177
Acting (with Richard Handyside KC) for the appointed delegate of a bond issuer in proceedings concerning the validity of a high value Islamic finance transaction. The matter gave rise to complex jurisdictional issues, with several contested applications concerning the availability and effect of anti-suit relief in various jurisdictions.
Aldersgate Investments Limited v Lloyds Bank Plc [2018] EWHC 2601 (Comm)
Acting (with Richard Handyside KC and Rosalind Phelps KC) for the defendant in respect of four consolidated claims for more than £185 million, arising out of the claimants’ entry into loan and swap transactions referenced to LIBOR. The case settled shortly before the commencement of a five-seven week trial.
Acting, as sole counsel, for Falcon Asset Finance (Cayman) Limited in several sets of proceedings against high net worth individuals for payment of sums owed under loan notes issued by those individuals, together with related possession claims.
Lloyds Bank v Manak & Ors
Acting for Lloyds Bank in a successful application for summary judgment in respect of a claim under a guarantee, resisting the defendants’ alleged defences including their allegations of misrepresentation, breach of fiduciary duty and mistake.
Considerable experience of acting for major retail banks in relation to allegations of mis-selling of interest rate hedging products, both as sole counsel and with leaders. Including Gray’s Inn Properties v RBS (with John Taylor KC) and St Dominic’s Limited v RBS. In 2013, Rebecca spent three months on secondment to the Financial Markets litigation department of Dentons LLP where she gained extensive experience of swaps litigation.
Mallinson v Maxis
Instructed in relation to allegations of breach of contract, negligence and breach of regulatory duty in relation to the opening and operation of an investment account.
Quah Su Ling v Goldman Sachs and Ng Su Ling v Goldman Sachs
Acting (with Bankim Thanki KC and Ben Valentin KC) for Goldman Sachs in defence of claims concerned with on-demand loan facilities extended to private wealth clients in Singapore. The case was featured as one of The Lawyer’s Top 20 cases of 2015.
Walker v NatWest [2016] EWHC 315 (Ch)
Instructed in relation to a dispute concerning the correct procedure for the payment of redress under the IRHP ‘Review’ following the dissolution of a company.
Frost & Ors v Capita Financial Managers
Instructed (with Craig Orr KC and Anna Boase) for Capita Financial Managers in defence of group litigation brought by investors in certain funds alleging breaches of the defendant’s duties as authorised corporate director of the funds. Involved issues arising under the COLL Rules of the FCA Handbook.
Greenwood v RBS
Instructed (with Tamara Oppenheimer KC) for RBS in defence of a claim for breach of contract/negligence arising out of the registration of defaults with credit agencies.
Secure Capital v Credit Suisse
Instructed (with Raymond Cox KC and James McClelland KC) in relation to a claim brought by a Luxembourg fund alleging a breach of a term of a bond.
Sebastian Holdings v Deutsche Bank AG
Instructed as part of the defendant’s legal team in relation to a >£5 billion claim.
Rebecca is frequently instructed on matters involving allegations of fraud, including deceit, breach of fiduciary duty, bribery, dishonest assistance and knowing receipt.
Voltaire Capital Holdings Limited v Eric Watson & Others
Acting (with Bankim Thanki KC, Jeffrey Chapman KC and Alex Barden) for the claimants in a claim for more than $100 million involving allegations of deceit, breach of fiduciary duty and unlawful means conspiracy.
Scarborough Group Developments Limited v Bank of Scotland Plc
Acting (with Richard Handyside KC and Rupert Allen) for Bank of Scotland in respect of a £500 million claim by 54 companies and other entities, including allegations of deceit.
Acting (with Paul Gott KC) for the defendant in a commercial dispute involving allegations of deceit, negligence and breach of contract in the context of a waste management and disposal contract.
Aldersgate Investments Limited v Lloyds Bank Plc
Acting (with Richard Handyside KC and Rosalind Phelps KC) for the defendant in respect of four consolidated claims for more than £185 million, arising out of the claimants’ entry into loan and swap transactions referenced to LIBOR. The claims included allegations of deceit.
LCIA Arbitration
Acting (with Derrick Dale KC) in arbitral proceedings concerning allegations of fraudulent manipulation of electronic documents.
Rebecca has a wide range of experience in commercial matters, both as sole counsel and being led in the most substantial cases. These matters often involve cross-border elements which require consideration of questions of conflict of laws. Rebecca is regularly instructed to advise on such issues.
Watchstone Group Plc v PwC LLP [2023] EWHC 1133
Acting (with Richard Handyside KC) for the Defendant in the successful defence of a claim for £63 million, involving allegations of breach of confidence.
Voltaire Capital Holdings Limited v Eric Watson & Others
Acting (with Bankim Thanki KC, Jeffrey Chapman KC and Alex Barden) for the claimants in a claim for more than $100 million involving allegations of deceit, breach of fiduciary duty and unlawful means conspiracy.
Alterna Aircraft VIII LLC v Azex Leasing Limited
Acting (with Akhil Shah KC) for the Claimant in an action to recover disputed sums under aircraft lease agreements.
Acting (with Paul Sinclair KC) for an Angolan telecoms company in a high value claim arising out of a number of loan facilities.
Acting (with Paul Gott KC) for the defendant in a commercial dispute involving allegations of deceit, negligence and breach of contract in the context of a waste management and disposal contract.
Dana Gas PJSC v Dana Gas Sukuk Limited [2018] 1 Lloyd’s Rep 177
Acting (with Richard Handyside KC) for the appointed delegate of a bond issuer in proceedings concerning the validity of a high value Islamic finance transaction. The matter gave rise to complex jurisdictional issues, with several contested applications concerning the availability and effect of anti-suit relief in various jurisdictions.
Instructed (with Richard Handyside KC) in relation to disputed jurisdiction and choice of law issues in the context of follow-on litigation further to a fine imposed by the European Commission on a number of producers of underground and submarine high voltage power cables.
B.A.T. Industries v Sequana
Instructed (with Ben Valentin KC) on a contested application for specific disclosure in the context of large scale commercial litigation concerning the lawfulness of certain dividend payments.
Quah Su Ling v Goldman Sachs and Ng Su Ling v Goldman Sachs
Instructed (with Bankim Thanki KC and Ben Valentin KC) for Goldman Sachs in defence of claims concerned with on-demand loan facilities extended to private wealth clients in Singapore. This was featured as one of The Lawyer’s Top 20 cases of 2015.
Secure Capital v Credit Suisse
Instructed (with Raymond Cox KC and James McClelland KC) in relation to a claim brought by a Luxembourg fund alleging a breach of a term of a bond.
Secretary of State for Transport v Paragon v PHS
Acting (with Henry King KC) in substantial litigation in the Commercial Court involving allegations of breach of contract and negligence in relation to a dispute as to the proper disposal of confidential documents.
Rebecca’s cases often have an international dimension and she regularly advises and appears on matters giving rise to conflicts of laws and jurisdiction issues.
Dana Gas PJSC v Dana Gas Sukuk Limited
Acting (with Richard Handyside KC) for the defendants in respect of a claim for more than $737 million arising out of a disputed Islamic finance transaction. The matter gave rise to complex jurisdictional issues, with several contested applications for anti-suit relief and in respect of the consequences of separate anti-suit relief obtained in the UAE.
Instructed (with Richard Handyside KC) in relation to disputed jurisdiction and choice of law issues in the context of follow-on litigation further to a fine imposed by the European Commission on a number of producers of underground and submarine high voltage power cables.
Instructed (with James McClelland KC) in relation to jurisdiction and choice of law issues arising in the context of allegations of various economic torts.
Rebecca is ranked as a Leading Junior for Financial Services in Chambers & Partners 2022 and for Financial Services Regulation in The Legal 500. She has substantial experience of regulatory issues arising in the context of the provision of financial services and is regularly instructed on matters involving allegations of breach of regulatory duty in that context.
R (Elliott) v (1) The London Metal Exchange Plc (2) LME Clear Limited
Acting (with Jonathan Crow KC, James McClelland KC, Emily Mackenzie and Alastair Richardson) for the Defendants in defence of an application for judicial review and damages under the Human Rights Act 1998 in connection with the Defendants’ decision, following an unprecedented spike in the price of nickel futures, to suspend the market and cancel trades. The issues include interpretation of the FSMA 2000 (Recognition Requirements for Investment Exchanges, Clearing Houses and Central Securities Depositories) Regulations 2001 and related legislation.
R (Donegan) v Financial Services Compensation Scheme Limited [2021] EWHC 760 (Admin)
Acting (with Richard Handyside KC) for the Defendant in a judicial review arising out of the collapse of London Capital & Finance PLC and concerning the meaning and effect of certain provisions of FSMA 2000.
Acting (with Mark Simpson KC) for the Financial Reporting Council in respect of its investigation into the preparation, approval and audit of the financial statements of Sports Direct International Plc for the financial year ending 24 April 2016. The investigation led to contested proceedings concerning the FRC’s entitlement to the production of certain documents (including privileged documents) by SDI: [2020] EWCA Civ 177.
Acting (with Timothy Dutton CBE KC and Henry King KC) for the Financial Reporting Council in disciplinary proceedings brought against the audit engagement partner and Deloitte in relation to Deloitte’s audit of Aero Inventory plc. The Finance Director was excluded from the profession for three years and, following a five-week tribunal hearing, a record breaking fine was imposed on Deloitte.
Pottage v FSA [2013] Lloyd’s Rep FC 16
Assisting (as a pupil) Guy Philipps QC and Henry King KC in this contentious regulatory dispute concerning the FSA senior managers’ regime. Involved a three-week trial in the Upper Tribunal.
In late 2014 Rebecca spent three months on secondment to the Financial Regulation Group at Linklaters LLP.
LCIA Arbitration
Instructed (with Derrick Dale KC) in arbitral proceedings concerning allegations of fraudulent manipulation of electronic documents.
LCIA Arbitration
Instructed (with Derrick Dale KC) in a substantial arbitration concerning alleged breaches of shareholders’ agreements in the context of the telecoms industry.
Rebecca has particular expertise in the area of legal professional privilege. She is a contributor to Thanki (ed) The Law of Privilege (3rd edn, 2018) and co-authors (with Tamara Oppenheimer KC and Samuel Rabinowitz) the chapter on English legal professional privilege in Global Investigation Review’s The Practitioner’s Guide to Global Investigations. She is also co-author (with Bankim Thanki KC, Chloe Carpenter KC and Nik Yeo) of the “Privilege” chapter in Challenging Private Law (Ed. Day & Worthington, 2020).
Rebecca also has expertise in the area of confidentiality, having acted for PwC in Watchstone Group v PwC [2023] EWHC 1133, a case which involved allegations of breach of confidence.
Watchstone Group Plc v PwC LLP [2023] EWHC 1133
Acting (with Richard Handyside KC) for the Defendant in the successful defence of a claim for £63 million, involving allegations of breach of confidence.
Financial Reporting Council Ltd v Sports Direct International Plc [2020] EWCA Civ 177
Representing (with Mark Simpson KC) the FRC in proceedings concerning the FRC’s entitlement to the production of certain documents (including privileged documents) by Sports Direct.
PCP Capital Partners LLP v Barclays Bank Plc [2020] EWHC 1393 (Comm)
Representing (with Richard Lissack KC) Barclays Bank in proceedings concerning an alleged waiver of privilege arising out of Barclays’ involvement in related criminal proceedings and civil litigation.
A v B and Financial Reporting Council [2020] EWHC 1491 (Ch)
Representing (with Mark Simpson KC) the FRC in Part 8 proceedings concerning the obligations of the recipient of a statutory notice to produce documents which are subject to a disputed assertion of legal professional privilege by a third party.
Director of the SFO v Eurasian Natural Resources Corporation [2019] 1 WLR 791
Representing (with Bankim Thanki KC and Tamara Oppenheimer KC) the defendant in a high-profile appeal concerning the defendant’s entitlement to withhold documents from the SFO on grounds of legal professional privilege.
Sequana v BAT
Instructed (with Ben Valentin KC) in contested proceedings for specific disclosure which arose mid-trial in the context of large scale commercial litigation. Issues included joint privilege and waiver.
R (on the application of Prudential plc and another) v Special Commissioner of Income Tax and another [2013] UKSC 1
Instructed (with Bankim Thanki KC, Ben Valentin KC and Henry King KC) for the Bar Council, intervening, in Supreme Court proceedings which considered the proper scope of legal advice privilege.
Rebecca is regularly instructed in matters of professional discipline, particularly in the financial services context.
Acting (with Mark Simpson KC) for the Financial Reporting Council in respect of its investigation into the preparation, approval and audit of the financial statements of Sports Direct International Plc for the financial year ending 24 April 2016. The investigation led to contested proceedings concerning the FRC’s entitlement to the production of certain documents (including privileged documents) by SDI: [2020] EWCA Civ 177.
Acting (with Timothy Dutton CBE KC and Henry King KC) for the Financial Reporting Council in disciplinary proceedings brought against the audit engagement partner and Deloitte in relation to Deloitte’s audit of Aero Inventory plc. The Finance Director was excluded from the profession for three years and, following a five-week tribunal hearing, a record breaking fine was imposed on Deloitte.
Pottage v FSA [2013] Lloyd’s Rep FC 16
Assisting (as a pupil) Guy Philipps QC and Henry King KC in this contentious regulatory dispute concerning the FSA senior managers’ regime. Involved a three-week trial in the Upper Tribunal.
Instructed (as part of a counsel team led by Mark Simpson KC) in relation to a >£200 million claim against two major valuer firms, relating to their allegedly negligent valuation of a £1.2 billion portfolio of commercial properties.
Frost & Ors v Capita Financial Managers
Instructed (with Craig Orr KC and Anna Boase) for Capita Financial Managers in defence of group litigation brought by investors in certain funds alleging breaches of the Defendant’s duties as authorised corporate director of the funds.
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Alfie Harper
Team Leader
+44 (0)20 7842 3806
Click here to email
Sam McCrone
Team Leader's Assistant
+44 (0)20 7842 3714
Click here to email
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