AREA OF PRACTICE

Litigation & Arbitration

Biography

Chloe Pawson-Pounds is a Partner in the Firm's Litigation & Arbitration Practice Group, acting for individuals and firms involved in civil, regulatory and criminal litigation, investigations and enforcement action.

Chloe’s extensive litigation experience includes acting in matters related to complex financial issues, high value contractual disputes and judicial reviews of decisions taken by financial regulators. She represents a diverse group of international clients. She is well versed in acting for clients facing potential reputational harm, with experience of bringing proceedings on an anonymised basis and of hearings conducted in private.

Chloe’s practice has an emphasis on contentious regulation, and she is regularly engaged by clients involved in investigations, enforcement actions, skilled persons reviews and other action. She has substantial experience representing senior managers in the FCA and PRA enforcement context, and has been engaged on a number of high profile and significant proceedings, including acting for a former senior executive of a major UK bank in relation to a joint PRA and FCA investigation into the collapse of the bank during the financial crisis.

Chloe has advised individuals and firms involved in public inquiry matters before Parliamentary Commissions and Committees, including those reviewing systemic conduct within the banking industry following the global financial crisis.

Chloe has also acted for individuals and firms facing criminal investigations by the SFO and HMRC and has advised on matters involving concurrent investigations by foreign regulators in jurisdictions which have included the US, Iraq, and Monaco.

Noted for her “excellent judgement and client care skills” Chloe is recommended for her work in Contentious Financial Services by The Legal 500.

Chloe is a Solicitor-Advocate with rights of audience in all civil proceedings in the higher courts.

Awards

Representation

Currently acting for a high-profile individual in relation to an investigation by the Financial Conduct Authority and the Prudential Regulation Authority into the collapse of a major UK bank during the financial crisis.

Currently leading a judicial review of decisions taken by a financial regulator.

Currently acting for a former senior manager of a major UK bank in relation to an investigation by the Financial Conduct Authority into alleged misconduct and/or lack of fitness and propriety.

Acted for the former chairman and CEO of a global financial services firm in relation to the inquiry by the Parliamentary Commission on Banking Standards into the LIBOR scandal.

Successfully acted for a large consumer credit firm in respect of its contested application for authorisation by the Financial Conduct Authority.

Acted for Dutch pension fund and related parties against Goldman Sachs in a claim for damages in the region of €250 million arising from breaches of a fiduciary investment mandate. (Stichting Bedrijfstakpensioenfonds Voor Het Beroepesvervoer Over de Weg & Ors. v Goldman Sachs Asset Management International Limited).

Acted for a Bulgarian entity in relation to its substantial claim for damages against a major European banking group.

Successfully defended a market leader biotechnology venture capitalist in relation to a four-year investigation by the Serious Fraud Office.

Acted for the largest foreign investment fund in the Russian Federation in relation to a series of complex frauds perpetrated against it across multi jurisdictions that led to the theft of assets valued at USD230 million and to the largest fraud in history against the Russian Federation State budget.

Acted for the former CEO of an AIM listed company facing allegations of fraud in the context of an investigation by the Serious Fraud Office.

Acted for four individual investors facing a criminal investigation by HMRC into the bona fides of a complex tax avoidance scheme.

Acted for a high-profile individual facing allegations of conspiracy, fraudulent trading and money laundering and subject to a Restraint Order in the context of an investigation by the Serious Fraud Office concerning the activities of a group of companies incorporated in the UK and Hong Kong and their activities in Thailand and Cambodia.

Education

BPP Law School – Bar Vocational Course, 2007
University of Exeter – GDL, 2006

Bar Admissions

Solicitor, England & Wales, 2009
Called to the Bar of England & Wales (Non Practicing Barrister), 2007
Publications
Contributing Author, Getting the Deal Through: Financial Services Litigation 2019
Board member and Contributing Author of the Consulting Editorial Board of LexisNexis 'Lexis®PSL Financial Services'
Author: practice note "FCA disclosure issues–essentials", July 2018
Author: practice note "FCA partly contested cases", October 2017
Co-Author: practice note "LIBOR and FCA enforcement action", March 2017
Co-Author: practice note "A Guide to FCA", February 2017
Co-Author: practice note "Trends in financial services enforcement",  January 2017
Speaking Engagements
Panel member: ‘FCA Investigations’, Edinburgh, 25 October 2018
Panel member: 'FCA Investigations: The New World', 1 February 2018
CDR Summer Litigation Symposium 2017
Panel member: 'Managing litigation strategy and regulatory compliance', 29 June 2017
Professional Affiliations
Financial Services Lawyers Association
Association of Regulatory and Disciplinary Lawyers
London Solicitor Litigation Association
Commercial Litigators' Forum
Equity, Inclusion and Diversity Council
Awards and Honors
Recognized by The Legal 500 UK as a Next Generation Partner for Financial Services: Contentious Regulatory (2020-2021). She is described as having "excellent judgement and client care skills."