Leontia McArdle

Financial Litigation Experience

• Assisting on a major international and cross jurisdictional investigation that has been launched by the US Government against a well-known European banking group for alleged breaches of the OFAC regulations in relation to banking transactions to sanctioned jurisdictions such as Libya, Syria, Sudan, Cuba, North Korea and Myanmar.
• Advising a major UK bank in relation to the defence of numerous defective product claims raised in the PIP Implant Group Litigation. The client bank was identified as a “CCA Defendant” and seen as a monetary recourse for the claimants to pursue section 75 Consumer Credit Act 1974 claims following the multiple clinic defendant insolvencies.
• Advising numerous financial clients in relation to mass-complaints relating to the alleged non-disclosure of commissions and issues of vulnerability and affordability.
• Advising international fintech companies in relation to the issuing, service and enforcement of claims in multiple jurisdictions in respect of claims for online platform misuse, breach of contract and overpayment of monies.
• Valued advisor in particular on retail finance disputes, acting on some of the major mass claims consumer credit ‘unfair relationship’ issues; complaints handling compliance; handling of claims management company and claimant litigation firms; resolving dispute referrals to the Financial Ombudsman Service etc.
• Advising a major retail bank on Equality Act issues and litigation arising from the off-boarding of a selection of business and individual customers, attributible to AML, KYC and commercial risk factors.