Andy McGregor
Partner
London
Andy McGregor
Partner
London
Contact Details
Andy specialises in civil fraud and finance litigation. He has almost two decades of experience handling complex, high value international disputes with particular experience representing banks and other financial institutions, corporates and high-net-worth individuals.
Andy’s experience includes some of the largest civil fraud cases to come before the English High Court in recent years. He is also recognised as a leading civil fraud litigator by a number of the leading legal directories, including Chambers, Legal 500 and Who’s Who. Feedback notes that "Andy is very instinctive and he knows what is going to work on a case” and that he is “a very smart, smooth and calm operator - I have always been very impressed by his technical knowledge." (Chambers UK 2023) “I have no hesitation in recommending Andy…to clients safe in the knowledge that they will receive top tier service and advice” (Legal 500 UK, 2022).
Other noteworthy experience
Advising:
- Sumitomo v Credit Lyonnais - acting for Sumitomo in litigation relating to the unauthorised derivatives trading of Sumitomo’s chief copper trader, Yasuo Hamanaka, which led to USD 2.6 billion losses. This litigation included two very substantial Commercial Court actions involving claims of dishonest assistance and breach of fiduciary duty against one of Sumitomo’s London Metal Exchange brokers.
- Sibir Energy v Abramovich - acting for the claimant in a joint venture dispute relating to rights to an oil field worth over USD $2 billion, after the claimant’s interest had been diluted from 50% to less than 1%. The claims were for breach of fiduciary duty and in knowing receipt.
- Acting for a multinational gas and oil company in a joint venture dispute with another multinational oil and gas company over liability for £700m losses arising from Europe’s largest peacetime explosion.
- Acting for a leading provider of energy and environmental solutions in the trial of its breach of confidence claim against a global financial institution, which arose out of a corporate finance deal involving carbon credits trading. My client was awarded the largest damages award in a breach of confidence claim to date at the time.
- Defended one of the world’s largest accountancy firms against a professional negligence claim for £25m brought by the claimant, which had purchased a chain of fitness clubs and later alleged that my client had been negligent in carrying out financial and commercial due diligence work for them relating to the purchase. My client prevailed at trial on all three issues of breach, causation and loss.
- Advising a group of claimants, including from the airline and mobile network operator industries, in relation to follow on damages claims arising from The European Commission's infringement decision on interchange fees.
- Acted for a number of defendants in relation to claims brought by companies managed by the Fortress Group. The claim related to the reorganisation of a fund structure, the underlying assets of which were worth approximately €200m. The claims included conspiracy, causing loss by unlawful means, misrepresentation, breach of fiduciary duties, breach of contract, knowing receipt, unjust enrichment and claims under sections 423 to 425 of the Insolvency Act 1986.
