Darragh Connell is a commercial barrister based in London with a particular focus on high value civil litigation and banking/investment disputes. He combines legal expertise with commercial insight to deliver favourable results in complex litigation.
Leveraging previous in-house experience at a global investment bank, Darragh is available to advise medium sized companies; directors; high net worth individuals; investors; and those active in the recruitment and sports management industries.
Adopting a client-centric approach, Darragh offers effective, cost-efficient advice conveyed in a refreshingly commercial manner.
He also undertakes non-contentious advisory work for organisations that may engage in activities which inadvertently fall within the ambit of the consumer credit regime.
At its most basic, a statutory demand is a demand for a debt (either payable now, or at a future date) which is served on a debtor by one or more creditors. Statutory demands can be served on both corporate and individual debtors. Failure by the debtor to pay the debt demanded, or to take...Read more
Introduction On 3 June 2015, Mr Justice Etherton sitting in the Chancery Division of the High Court handed down judgment in BNY Mellon Trustee Services Limited v LBG Capital No.1 plc & Anr  EWHC 1560 (Ch). The Defendants are wholly-owned subsidiaries of Lloyds Banking Group plc (“Lloyds”). Background The case concerned £8.3 billion enhanced...Read more
Following a full day’s hearing on 24 April 2015, Kenneth Parker J. granted Holmcroft Properties Limited permission to judicially review KPMG, the independent reviewer appointed by Barclays Bank plc under the FCA’s Redress Scheme for Interest Rate Hedging Products (IRHPs). The matter will now proceed to a full hearing. Reasons given 5 brief reasons were...Read more
According to recent reports, Deutsche Bank AG’s London office is currently subject to enhanced regulatory supervision by the FCA due to concerns about the bank’s governance and controls. Enhanced Supervision Enhanced supervision has been reportedly on-going at Deutsche in London for 5 months. It arose following the FCA’s fine of £4.7 million pounds for Deutsche’s...Read more
Introduction On 22 January 2015, the Financial Conduct Authority (“FCA”) confirmed that it has fined and banned two former senior executives of interdealer broker Martin Brokers (UK) Limited (“Martins”) for compliance and cultural failings at the firm. This follows previous enforcement action against Martins: in 2014 the FCA fined Martins £630,000 for misconduct relating to...Read more