Richard Leedham Partner

Contact Information

+44 20 3321 6521
richard.leedham@mishcon.com

Personal Profile

Richard is a Partner in the Dispute Resolution department, specialising in insurance disputes.

Richard acts predominantly for corporate policy holders on coverage issues across a wide range of industries, and has policy expertise in most lines of business. This includes professional indemnity, D&O, employers' liability, corporate crime, cyber/privacy, political risk, trade credit, and all property and construction related risks.

In addition, he acts for insurance and reinsurance companies in disputes, insolvency and run off issues in the reinsurance sector.

Richard also advises institutional funds clients on claims arising from investments in rights issues and other corporate investments under FSMA s90 and s 90A and is involved in some of the leading cases in this developing area.

He led the team defending Mukhtar Ablyazov, from 2011 to 2014 against claims of $5billion brought by BTA Bank, including defending various alleged breaches of world-wide freezing and receivership orders. The litigation is amongst the most complex ever seen in the UK and involved over 40 hearings and multiple jurisdictions.

Richard is ranked as a Tier I expert in Chambers 2015 and has been listed as an expert in both Chambers and Legal 500 since 2007.

He has also been at the forefront of innovation in the litigation funding field, advising on and working with clients on conditional fee arrangements, and maintaining deep links with the main players in the funding and ATE community.

Key Experience

  • Acting for a number of institutional investors in the Group Litigation Claim vs RBS.  This is part of the £4 billion claim that RBS misled its shareholders when it carried out a rights issue in 2008 to fund the purchase of ABN Amro. The liability trial is set to commence in March 2017 and is fixed for six months
  • Successfully recovering £100m for a FTSE 100 life insurance company against its professional indemnity insurers in relation to liabilities arising to customers from alleged misselling of a pension fund
  • Advising the insolvency committee of a failed Icelandic bank on the recoverability of Euro 5m under its D&O programme
  • Advising a multinational life sciences company on coverage under D&O and Fidelity policies in respect of regulatory investigations in various jurisdictions
  • Acting for a Swedish manufacturer of motor cycle components seeking recovery under a product recall policy
  • Advising a sports governing body in respect of insurance arrangements for their international representative teams
  • Advising a number of different UK and international banks on separate claims involving frauds on the banks and recoveries under BBB/Corporate Crime policies
  • Acting for a price comparison website in connection with claims under a privacy policy in respect of claims paid out to customers for inadvertent data protection breaches
  • Advising a pharmaceutical multinational on improvements to its global insurance programme

Articles and Publications

Leedham's Way

Career History

Partner, Mishcon de Reya LLP
Partner, Addleshaw Goddard
Associate, Paisner & Co (now BLP)
Trainee/Associate, Simmons & Simmons
King's College London, Law (LLB Hons)