Arnondo Chakrabarti
Partner
London
Arnondo Chakrabarti
Partner
London
Contact details
Arnondo is Head of our London litigation department. He has over two decades of experience across a wide range of contentious matters, representing clients in complex litigation as well as regulatory, criminal and internal investigations.
Arno has particular experience advising household-name financial institutions on banking and finance litigation, group litigation, contractual disputes and disputes involving antitrust issues, frequently leading the coordination of litigation strategy and teams across borders. He also navigates clients through investigations involving the UK Financial Conduct Authority and Serious Fraud Office, with particular experience advising clients on bribery and corruption. Arnondo is one of very few lawyers in the market with expertise in advising on both contentious regulatory proceedings and corporate crime issues.
Arnondo also advises on public law issues and previously practised as a barrister at Matrix Chambers.
Arnondo is recognised as a leading disputes lawyer by legal directories, having been described as “one of the best lawyers in the city” and “absolutely attuned to the tensions in highly emotive contentious matters”. Recent feedback notes that he “is completely unflappable, highly intelligent, strategically acute, and constantly thinks about his clients and what they need" (Chambers UK, 2021), and that he “is a tough litigator who fights hard for his clients” (Legal 500 UK, 2021).
Expertise
Practices
Litigation, Arbitration and Investigations
Investigations, Enforcement and Business Crime
Sectors
Qualifications
Professional
Academic
BSc, Economics, London School of Economics and Political Science, 1993
CPE, The College Of Law, London, 1994
Related articles
Blog Post: 20 March 2023
FCA and PRA enforcement trends – the FCA’s new approach
The UK Financial Conduct Authority (FCA) aspires to be a more assertive regulator, promising to intervene more frequently and to test its powers to the limits. It has made progress on this ambition by…
Blog Post: 15 March 2023
Blog Post: 14 March 2023
Expertise
Practices
Litigation, Arbitration and Investigations
Investigations, Enforcement and Business Crime
Sectors
Qualifications
Professional
Academic
BSc, Economics, London School of Economics and Political Science, 1993
CPE, The College Of Law, London, 1994
Other noteworthy experience
Advising:
- A leading global bank in highly-publicised litigation based on allegations that it colluded in an anti-competitive manner to manipulate foreign exchange (FX) rates. Representing the client in the High Court and Competition Appeal Tribunal.
- A leading global bank in an FCA investigation into the FX market. An American investment bank in a claim brought by an investment fund in the Commercial Court in relation to the liquidation of collateral provided by the investment fund, which secured a loan facility agreement provided by our client
- BAE Systems PLC in the defence of the public investigation by the UK SFO relating to the company’s involvement with the Al Yamamah defense contract with Saudi Arabia and its procurement of contracts in multiple jurisdictions around the world. Advised on the global settlement of the investigation with a fine of GBP30 million to settle false accounting charges brought by SFO in connection with the company’s conduct in Tanzania.
- Hiscox on the contentious regulatory aspects of the ground-breaking test case bought by the FCA in relation to the response of business interruption insurance policies to Covid-19.
- A major UK manufacturing company in a corruption investigation across a wide range of jurisdictions resulting in settlement with the US DOJ.
- A UK public company on an internal investigation into potentially corrupt payments in India to procure government contracts including dealing with the UK Serious Fraud Office (SFO)
- A U.S. headquartered financial institution in relation to market conduct, including an investigation in Turkey into alleged manipulation of Turkish Lira, and a Pakistan competition inquiry in relation to trading in government bonds
- A life assurance firm in relation to a FCA enforcement investigation that arose from the regulator’s thematic review into the treatment of long-standing customers in the life insurance sector in 2014. The FCA initially commenced investigations into six firms involved in the thematic review. The FCA announced that the investigations into our client was closed in 2018 with no further action.
