Michael is a Director and co-founder of DaySparkes. Michael heads up the firm’s Banking Litigation, and Professional Negligence groups and specialises in complex banking and finance litigation, professional negligence claims and property and construction disputes. Michael advises on a broad range of matters, including complex claims against major international banks, including claims for miss-selling, negligent investment advice and breach of mandate. In addition, he has handled a wide variety of property and construction disputes ranging from adjudication proceedings to complex disputes against builders, architects and quantity surveyors in the Technology & Construction Court. Outside his legal career, Michael also spent over five years running his own successful property development business and his advice is always informed by his technical and practical knowledge of the property and construction markets and wider commercial experience. Michael read law at Southampton University before completing his LPC at the College of Law, Guildford. He is a “recommended lawyer” for Banking Litigation and Commercial Litigation in the Legal 500.
Examples of Michael’s work include:
- Advising and representing victims of the infamous HBOS Reading/Quayside Corporate Services scandal arising out of the fraud that was perpetrated between 2002 and 2007 by Lynden Scourfield and others on numerous SMEs who had been transferred to the “higher risk” division of HBOS.
- Acting for the former director of Powa Technologies (“Powa”) in his defence of personal guarantee proceedings arising out of the administration of Powa in February 2016 and the same of its material assets to a third party controlled by Powa’s secured creditor and another former director.
- Advising two “Class X” noteholders in their claims against the Issuer, the Note Trustee and the Cash Manager of a commercial mortgage-backed securitisation (“CMBS”) for the recovery of significant underpayments of Class X interest over many years.
- Advising an AIM-listed investment trust based in the Isle of Man in a multi-million Euro professional negligence claim against its former advisers arising out of a substantial corporate re-structuring in 2008.
- Advising one of the UK’s leading specialists in the sale, purchase and management of ground rent portfolios, in a multi-million pound claim against a major UK bank arising out of the alleged misselling of 26 separate swaps.
- Advising a high net-worth husband and wife in connection with possession proceedings and a substantial damages claim involving the enforceability of a mortgage and wider considerations of various personal guarantees and other security purportedly provided by our clients to the Bank to secure company debts. This case also involved topical allegations of misselling in connection with a loan taken out by our clients pursuant to the Government-backed Enterprise Finance Guarantee scheme.
- Acting for a multi-national marketing and advertising business in its enforcement of Hong Kong judgments against a Cayman registered company’s shares, listed on the London Stock Exchange.
- Acting for a retired barrister in the Court of Appeal in connection with a test case brought by the Legal Services Commission for the recoupment of civil legal aid payments on account. The Law Society and the Bar Council intervened in the Appeal.
- Representing individuals in the Technology and Construction Court in complex and wide-ranging claims against the building contractor and design team for defective workmanship and professional negligence.
- Acting for a Texas litigation Trust in its defence of an anti-suit injunction obtained by a major UK bank in the High Court to restrain the commencement of $100m fraud proceedings brought in Texas.