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Richard Perkoff
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RICHARD PERKOFF

Lauded by clients for his willingness to get ‘stuck-in’, Richard is an expert advocate in general company and commercial law and has a wide range of experience in dealing with the purchase and sale of companies, directors’ duties and shareholder disputes, partnership, conflict of laws, banking and financial services and with all aspects of solicitors’ practice from drafting partnership agreements to money laundering.

Leading legal directories have highlighted Richard’s prowess in cases which involve ‘three dimensional, chess-type’ strategic thinking. Richard has acted in high profile cases involving the enforcement of foreign judgements and arbitration awards and pre-emptive relief. He has been listed as a leading Banking junior in the Legal 500 since 1999, in Legal Expert since 2001 and, most recently, as a leading commercial litigator in Chambers & Partners. Business Monthly Magazine named him as its UK Banking and Finance Barrister of the Year 2017.

 

    Commercial

Richard's wide-ranging experience as a commercial and company litigator has encompassed litigation in jurisdictions all over the world. He has represented clients in courts from the Isle of Man (where he is a Licensed Advocate) to the US Federal Court in Chicago and also has a working knowledge of the Russian civil code and company law. He was appointed a Department of Trade Inspector in 1996. He was the Senior Adjudicator for the Channel Island Splits Adjudication Scheme from its inception until the completion of its work in 2010.

    Arbitration and Mediation

Richard has extensive experience as counsel in arbitrations both domestic and international ranging from partnership disputes to billion dollar commercial and company disputes. He is familiar with LCIA, ICC and other rules and is a Member of the LCIA. His most recent case was a successful fast-track arbitration concerning the ownership and control of offshore companies with estimated assets of $1 billion.

He is a highly experienced commercial mediator who has mediated more than 150 disputes, mainly in the fields of professional, negligence, partnership and shareholder disputes and financial services. He has also drafted and advised on mediation and other ADR agreements and drafted the rules for a pilot “fast track” disputes resolution scheme for low-value medical negligence claims for a consortium of NHS Trusts.

    Publications

He contributed the sections on Banking, Financial Services and Insurance to the leading work on Civil Appeals and has edited and was the major contributor to “Security for Costs and Other Court Ordered Security” (pub. Jordans 2010). He also writes for the Practical Law Company and contributes the section on Commercial Fraud and Insolvency.

Leading cases include: 

  • Thomas Witter & Co Ltd v TBP Industries Ltd (Misrepresentation and exclusion clauses in share and asset sales)
  • Secretary of State for Trade and Industry v Jabble (CA) (Directors Disqualification/effect of invalid appointment of Receivers)
  • Fielding v Royal Bank of Scotland (CA) (Liability on joint bank accounts/undue influence)
  • United Bank of Kuwait v Hammoud et ors (CA) (Agency/liability for solicitor’s fraudulent undertaking)
  • Refco Inc v Eastern Trading Company and Others (CA) (Freezing Orders in aid of foreign proceedings, enforcement of derivative trading contracts)
  • Soinco SACI v Novokuznetsk Aluminium Plant (CA) (Enforcement of foreign arbitration awards, interim relief)
  • Buller v Fulford (Effect of negative assets in valuation on a partnership dissolution)
  • Mayne & Chitty Wholesale v Ministry of Agriculture, Fisheries & Food (Enforcement of EU Regulations defectively incorporated into EU law)
  • British Arab Commercial Bank plc v National Transitional Council of Libya (Public International Law. Recognition of foreign governments. Succession to assets of the former Libyan regime)
  • Thomas & others v Frogmore Real Estate Partners LLP & others (Insolvency. Meaning of “improper motive” in relation to administrators’ appointment/COMI)
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