John Virgo is a specialist Commercial barrister, with a strong practice emphasis on high-value financial product mis-selling litigation.
He has experience as an arbitrator sitting in the London Court of International Arbitration, and has provided expert evidence on English law in off-shore proceedings and acted in a large number of mediations – both as mediator and advocate.
Consistently recommended in the legal directories, Chambers & Partners noted that ‘Financial services mis-selling expert John Virgo continues to thrive and earns praise for his sense of humour, fast brain and tremendous advocacy’.
He has appeared in all the leading mis-selling cases, including:
He has also acted in a number of leading cases concerned with the manipulation of LIBOR (Graiseley Properties Ltd v Barclays Bank Plc, Hotel de France Ltd v Lloyds (off-shore litigation in Jersey), Rhino Enterprises Ltd v Barclays Bank Plc and Longford Securities Ltd v Royal Bank of Scotland). He is currently acting in a multi-million pound claim against the Royal Bank of Scotland relating to an aborted Commercial Mortgage Backed Securities issuance.
John is instructed nationwide in complex and substantial disputes where his advocacy and forensic skills are highly valued. He is also retained off-shore in the Isle of Man and Jersey.
Instructing John Virgo ‘ensures the solicitor has a smooth ride’, say commentators. Chambers & Partners remarks that John ‘dazzles sources with his extremely clear, thorough and comprehensive advice’.
John represents clients in complex and substantial commercial disputes in England, Wales, and the Isle of Man. He enjoys working as a team, with clients, solicitors and other junior and leading barristers.
John welcomes instructions in the following areas:
John has wide ranging sector knowledge, including experience in (amongst others) the following sectors:
PDHL v Financial Conduct Authority  UKUT 0129 (TCC)
The powers of the Financial Conduct Authority (FCA) to close debt management company.
PDHL v Financial Conduct Authority  UKUT 0130 (TCC)
The powers of the FCA to suspend order closing debt management company.
PA(GI) LTD v GICL 2013 LTD and another  EWHC 1556 (Ch)
Whether a Part VII business transfer passed liability for PPI mis-selling to a new insurer.
Suremime Limited v Barclays Bank plc  EWHC 2277 (QB)
Whether the Bank owes a duty of care to carry out Interest Rate Hedging Review with care and skill.
Battrick v Royal Bank of Scotland Plc  EWHC 4848 (QB)
The use of expert evidence in interest rate hedging litigation.
Rowley & Green v Royal Bank of Scotland 2013 EWCA Civ 1197;  EWHC 3661
Liability of the bank for interest rate swap mis-selling.
Rubenstein v HSBC Bank  EWCA 1184;  EWHC 2304
Liability for negligent investment advice to invest in an AIG Enhanced Variable Rate Fund.
Ollerenshaw & Green v FSA  UKUT B60 TCC
FSA disciplinary proceedings for alleged failings to supervise mortgage brokers selling of suitable mortgage products.
AXA Sun Life Services Plc v Mortgage UK Financial Services Ltd & Others  EWCA Civ 133
Construction of exclusion clauses in appointed representative agreements, in the scope of The Unfair Contract Terms Act 1977 (UCTA).
John’s specialist practice in financial services work has attracted offshore demand, and has centred on instructions from firms of advocates on the Isle of Man and in Jersey. He has recently advised on and assisted in:
He is currently engaged in a multi-million-pound claim arising from the mis-handling of litigation against Barclays Bank plc, in proceedings conducted before the Supreme Court of Gibraltar.
John also sits as a commercial arbitrator in the London Court of International Arbitration (his most recent hearing relating to a dispute between a Russian importer of cosmetic oils, and a UK supplier).
John welcomes instructions in bringing and defending claims against the following professionals:
Chambers & Partners describes John as someone who “gives his all to a case’ and is ‘often involved in cases of some significance’.
Bunney v Burns Anderson 2007 EWHC 1240
Acted for the claimant in a challenge to the scope of jurisdiction of the Financial Ombudsman Service in high value claims.
Brinsons v Financial Ombudsman Service  EWHC 2534
Acted for the applicant in a challenge to the scope of jurisdiction of the Financial Ombudsman Service over mortgage-endowment linked mis-selling claims.
Baker v Clark  EWCA Civ 464
Acted for defendant/respondent in case concerning efficacy of trustee exoneration clauses protecting occupation pension scheme trustees.
John’s Property & Estates practice covers over 20 years work on Real Property, covering a range of areas:
This is in addition to all matters relating to conveyancing:
John’s practice also includes Professional Negligence cases, including high value claims for Building Societies against negligent valuers, as well as cases against solicitors for negligent conveyancing, and as regards the conduct of litigation.
A member of the clerking team will help you resolve your request.