We represent banks and other financial institutions regularly and also their clients and assist them throughout disputes pertaining to credits, business financing, intermediaries in banking and investment services, and protection of consumers and investors.
Some examples of our working in banking law include:
- defending a bank in civil and criminal proceedings in Belgium and New York against allegations relating to an alleged scheme of misappropriating diamonds and diamond-sale proceeds by one of its customers;
- assisting a financial institution in a class action (avant la lettre) relating to the sale of financial products by its independent agents following the financial crisis;
- assisting a bank in summary proceedings seeking urgent interim measures against the association of its independent agents following the bank’s restructuring of its network;
- representing banks specialising in wealth management services in mismanagement actions filed by institutional and retail investors that are blaming the banks for their dissatisfaction with the performance of their portfolio;
- assisting the shareholders of a bank in their action seeking just satisfaction before the European Court of Human Rights for the loss they sustained from the unlawful expropriation of the bank by a foreign state;
- assisting an auditor in a dispute relating to the asset valuation of a bank in the framework of a forced sale of that bank under the rules of the Single Resolution Board;
- assisting the financial advisor of a family office throughout the pre-trial and trial in the framework of a criminal prosecution involving a judicial enquiry launched in Belgium and in so-called tax havens based on allegations of participation in a criminal enterprise, money laundering, tax fraud, forgery and abuse of trust.
