As a partner in our Financial Services Disputes team, Louise Lamb focuses her practice on helping banks and other financial institutions to avoid or resolve complex litigation quickly and cost-effectively. She also frequently helps banks to conduct internal investigations and advises them on how to navigate their way through regulatory investigations and enforcement actions. Louise has acted for a wide range of financial institutions both in the UK and abroad, and has handled disputes and investigations across the retail banking, wealth management, trade finance and investment banking sectors.
She has handled mass consumer claims brought under the Consumer Credit Act 1974 and related legislation, mis-selling claims, aviation finance disputes, fraud claims, claims relating to letters of credit and bills of exchange, sovereign debt claims, and claims arising out of complex syndicated lending arrangements. Louise also has extensive experience of advising banks on financial crime risks including money laundering, bribery and corruption, and international sanctions. She helps banks to draft appropriate policies and procedures and develop training materials; and she advises banks on how to deal with suspected breaches.
Louise is very experienced at handling both internal investigations and regulatory investigations and enforcement actions by both civil and criminal authorities in the UK and the United States, and has been praised for her calm approach. Louise has spent time on secondment to the retail and investment banking litigation team of a major bank client.
Louise is recognised by the current UK legal directories as a leading individual in banking litigation and is noted for having "a solid reputation in the banking litigation sphere, with a range of experience including advising on internal investigations in response to potential regulatory breaches and mass consumer claims under the CCA ".
'Lauded by sources for her efficiency and thoroughness and described as 'extremely understated and calm'.
'A well-respected rising star in the marketplace ... very sharp and has an excellent ability to turn things round'
Areas of Focus
Acting for a leading retail bank in proceedings to determine the scope of s75 of the Consumer Credit Act 1974 (Office of Fair Trading v Lloyds TSB Bank PLC and others).
Acting for Bank of Zambia in proceedings brought by Barbados Trust as assignee under a loan facility. The proceedings determined whether a restriction on assignment could be circumvented by means of a declaration of trust (Barbados Trust Company Ltd v Bank of Zambia and another).
Acting for an international multilateral organisation in proceedings relating to facilities extended to a national airline.
Advising an African multilateral organization in proceedings against an African borrower under a series of promissory notes.
Advising a global bank to put in place policies and procedures upon the introduction of the UK Bribery Act 2010.
Advising a global bank on the drafting and implementation of its sanctions policies and internal staff training materials.
Advising a global bank in relation to an investigation into its compliance with AML, KYC and sanctions laws and regulations and reporting to authorities in the UK and the U.S.