Duncan Aldred is a partner in our Banking & Finance team. He works, mainly with banks and insolvency professionals, on contentious matters.
Duncan is highly experienced in advising clients on aspects of banking law and practice, administrations, provisional liquidations, court-appointed receiverships, injunctions and mediations.
Duncan also advises on non-contentious matters and has helped banks and other clients to deal with a wide variety of sensitive issues. These have ranged from technical legal questions through handling threats of blackmail to dealing with potentially adverse publicity.
Duncan regularly talks on subjects including: Alternative Dispute Resolution, Fraud, Disclosure in Litigation, Legal Professional Privilege, Constructive Trusts, Money laundering and 'Tipping Off'. He has also published numerous articles and has spoken several times at the annual Cambridge Symposium on Economic Crime.
Relevant experience includes advising:
- A European bank to uncover what the trial judge described as Britain's biggest mortgage fraud. Operating in London, Hong Kong, Lugano and Dublin and establishing a team of litigation, real estate, regulatory, infrastructuring and insurance lawyers to design and implement a strategy which succeeded in recovering the bank's £750 million of lending.
- Ferrari SpA in what became known as the F1 'Spygate' scandal. This involved obtaining and carrying out a search order to retrieve confidential Ferrari documents from the home of McLaren's chief designer and subsequently representing Ferrari at two meetings of the FIA's World Motor Sport Council, which resulted in McLaren receiving a ban from the 2007 constructors' championship and a record $100million fine.
- Within 8 hours of being first instructed by a client of CMS Lyon, obtaining and serving a freezing order and trapping funds in the bank account of an internet fraudster.