"an extremely impressive partner who is a pleasure to work with and who is fantastic at managing the complex dynamics of large banking litigation."
Chambers UK 2019

Übersicht

Ian McDonald is co-leader of Mayer Brown’s global Litigation & Dispute Resolution practice, and the former head of the Commercial Dispute Resolution and Restructuring, Bankruptcy and Insolvency practices in London.

He acts for banks and funds, particularly in high value disputes relating to loan structures, structured finance and derivatives, many of which have cross-jurisdictional elements. He has advised on cases for financial institutions involving allegations of mis-selling, misconduct, misrepresentation, deceit, fraud, breach of duty, contractual interpretation and breach of transactional documentation, as well as on matters of enforcement, rectification and restitution. He is co-leader of the firm’s International Banking and Financial Litigation Action Group. Ian also acts for licensed insolvency practitioners, noteholders, lenders, creditors, directors and borrowers in contentious insolvency matters.

He joined Mayer Brown in 1990.

Sprachkenntnisse

  • Englisch

Erfahrung

  • Advising UBS in respect of claims relating to synthetic CDOs and related credit default swaps, including jurisdiction challenge and related proceedings in Germany
    UBS AG, London Branch & Anor v Kommunale Wasserwerke Leipzig GmbH [2010] EWHC 2566 (Comm), [2010] NLJR 1492, [2010] All ER (D) 176 (Oct).
  • Advising Spanish real estate investment fund in litigation concerning breaches of loan documentation including material adverse change and the construction of a London hotel and successful outcome after 9 week trial
    Grupo Hotelero Urvasco SA v Carey Value Added SL (2012) QBD (Comm) (Court of Appeal – 12 October 2012).
    Grupo Hotelero Urvasco SA v Carey Value Added SL [2013] EWHC 1039 (Comm).
  • Acting as Representative Defendant on behalf of Noteholders in a claim relating to a securitisation structure involving a major international bank.
  • Advising a bank in respect of a claim arising from a commodities based fraud
    Standard Bank Plc v Via Mat International Ltd & Anor [2013] EWCA Civ 490 (3 May 2013).
  • Advising UBS in the defence of a claim relating to split capital investment trusts
    Real Estate Opportunities Limited v. Aberdeen Asset Managers Jersey Limited, Aberdeen Asset Managers Limited, UBS Limited [2007] EWCA Civ 197, (2007) 2 All ER 791, (2007) Bus LR 971, (2008) 2 BCLC 116, Times, April 6, 2007, [2007] All ER (D) 161 (Mar).
  • Representing a leading global bank in a $6 billion claim for fraudulent trading brought by the Liquidators of BCCI.
  • Advising Trustees of a Dutch bank on claims arising from the termination of various swap contracts.
  • Advising junior noteholder on claims arising from RMBS securitisation of Portuguese residential mortgages
    Cinnamon European Structured Credit Master Fund v Banco Commercial Portugues SA [2009] EWHC 3381 (Ch); [2010] All ER (D) 209; (2009) 160 NLJ 30; [2010] I.L.Pr. 11.
  • Acting for portfolio manager in respect of claims for alleged mismanagement of portfolio.
  • Advising lenders and investors in various Structured Investment Vehicles, including role on Senior Creditors’ Committee of Cheyne Finance plc.
  • Advising Liquidators of a group of Cayman hedge funds in respect of claims against the mangement and administrators of the funds.
  • Advising Liquidators of Robin Symes Limited in antiquities-related claims involving foreign Governments 
    Phillips & Ors v Symes & Ors [2006] EWHC 2595 (Ch), [2008] BPIR 212, [2006] All ER (D) 170 (Oct).

Ausbildung

University of Cambridge, Jesus College

Zulassung

Bar

  • England and Wales

Berufliche Aktivitäten

  • The Association of Regulatory & Disciplinary Lawyers
  • Associate Member of R3
  • Ian McDonald co-leads the firm's global litigation and dispute resolution practice and is experienced in handling big-ticket disputes for banks and fund clients. He has experience advising on cases pertaining to alleged mis-selling, misrepresentation, breach of duty and fraud. He is described by sources as "an extremely impressive partner who is a pleasure to work with and who is fantastic at managing the complex dynamics of large banking litigation." (Chambers UK 2019).
  • "Has great legal judgement and commercial acumen, and is a real team player who at the same time knows how to lead a team". (Legal 500 2018). 
  • Ian McDonald handles high-value, cross-border disputes concerning derivatives, structured finance transactions and loan structures. His expertise covers allegations of mis-selling, misconduct and fraud, among others. Clients say: "Ian combines good legal knowledge with an ability to understand what a client wants." (Chambers UK 2018).
  • Ian McDonald is "charming, engaging and a pleasure to work with" and "extremely proficient at managing complex litigation". (Legal 500 2017).
  • The "hugely personable" Ian McDonald is widely praised by clients and peers alike for being "very good at managing different personalities and egos in big cases and very experienced with banking work." (Chambers UK 2017).
  • "intelligent and well-organised" "gets to grips with disputes" (Legal 500 2016). 
  • "Strategic thinker" Ian McDonald is highly regarded in the market for his experience acting for bank and fund clients. He advises on a range of financial issues ranging from structured finance transactions to allegations of mis-selling and misrepresentation. (Chambers UK 2016);
  • Recommended. Ian McDonald "knows what clients wish to achieve in proceedings" (Legal 500 2015).
  • Head of department Ian McDonald is a key contact and is noted for his ability to balance getting into the detail of a case with his management of the team. Sources call him "a very experienced strategic thinker." (Chambers UK 2015);
  • "outstanding" and an "experienced, first-rate litigator" (Legal 500 2014);
  • "Ferociously intelligent and extremely practical," Ian McDonald consistently impresses peers, counsel and clients. Sources say he "immerses himself in the detail of the case" and is "absolutely exceptional at tactics and leading a team." Ian McDonald is recognised for being "calm, disciplined, great with clients and demonstrating excellent judgement." As head of the commercial dispute resolution team he is a solid option in contentious insolvency matters. (Chambers UK 2014);
  • Ranked as a key name, sources say Ian “has a real flair for banking litigation” (Chambers UK 2012);
  • He is "clear thinking" and "superb" (Legal 500 2012);
  • A "very capable banking litigation lawyer - calm, thorough, experienced and with excellent judgement" (Legal 500 2011);
  • He "is clearly a heavyweight on the academic side, but he doesn't inflict that on you; instead he comes up with commercial solutions" (Chambers UK 2011);
  • He has "a cool temperament and keen intellect" and wins further client praise for his open and approachable demeanour (Chambers UK 2010);
  • "excellent" and "very strong both in terms of legal analysis and commercial outlook" (Legal 500, 2010);
  • He has a fine reputation and is "solid and calm" (Legal 500, 2009);
  • Ranked as a leading individual by Chambers & Partners UK Directory 2009 the "highly intelligent" Ian McDonald is "great for the nitty-gritty, nuts and bolts part of the law";
  • He offers "common sense advice" (Legal 500, 2008);
  • He "is respected for being 'extremely bright, with a sound knowledge of complex situations'" (Chambers UK 2007);
  • His "understanding of technical issues is second to none" (Chambers UK 2006);
  • He was also highly rated for his "quality of service and efficiency" (Legal 500 2004).