Jeremy Cousins QC
Education: Oxford School, Warwick University
Languages: Working knowledge of Italian and French
Jeremy Cousins QC specialises in substantial commercial, commercial chancery (including trusts), banking and professional negligence disputes. He has been recommended by the legal directories as a leading silk for many years in commercial chancery, commercial litigation, banking and finance as well as professional negligence. “A favourite for heavyweight litigation” and “an outstanding practitioner on commercial matters”, he is regarded as “a quite exceptional performer who is very intuitive and has a touch of genius about him”. “His encyclopaedic knowledge of the law and thorough preparation make him unbeatable”. Clients appreciate the fact that he is “very commercially focussed” and comment on the fact that is always “calm, collected and never flustered” as well as “remarkably versatile and client friendly”.
In 2014 he was in the leading banking and solicitors’ breach of trust case of AIB v Redler in the Supreme Court, and he appeared for the claimants in the major case of Rosserlane v Credit Suisse (concerning the sale of an interest in an oil field in Azerbaijan). He is also involved in the claim made by a group of shareholders against Lloyds Banking Group and some of its former directors in relation to the HBOS acquisition in 2009. This case has received extensive coverage in the press; see The Lawyer, 7th August 2014. In 2015 Jeremy Cousins and Max Mallin were instructed to prepare submissions for various bondholders resisting Lloyds Banking Group's unsuccessful attempt in BNY Mellon Corporate Trustee Services v LBG Capital No 1 and another to bring about an early redemption of part of a multi-billion pound issue by affiliates of Lloyds Banking Group in 2009 (see The Daily Telegraph article).
Many of his cases are landmark decisions, cited in leading textbooks such as Chitty on Contracts, Snell’s Equity, Megarry & Wade’s Law of Real Property, Clerk & Lindsell on Torts, and Jackson & Powell on Professional Liability, in various fields – Redler in banking and professional liability, Ali v Lane , Shogun v Hudson and AIB v Martin in contractual interpretation, Unique Pub Properties v Beer Barrels in procurement of breach of contract, and Acton v Graham Pearce in solicitor’s negligence and loss of opportunity damages.
In 2007 he was appointed to sit as a Deputy High Court Judge in QBD and Chancery matters.
He is the consultant editor of Third Party Litigation Funding by Nick Rowles-Davies) published by OUP. He also contributes articles on a regular basis both for 11 Stone Buildings and for a number of leading publications.
What others say
In January 2012, The Lawyer featured one of Jeremy's cases, Christine Davies v AIB Group (UK), in their Top 20 cases for 2012. The article highlights significant and high-profile litigation which is set to define the legal landscape.
Jeremy has been recommended as a leading silk by Chambers UK in the areas of commercial chancery, professional negligence and banking & finance and by Legal 500 in the areas of commercial litigation and professional negligence. Without doubt, Jeremy's expertise contributed to 11 SB being ranked as a leading set for professional negligence in Legal 500 2013. A selection of the most recent quotes and rankings:
"A favourite for heavyweight litigation" who appears in the Chancery courts in complex cases. He is well renowned for his expertise in banking and finance disputes. Expertise: "A quite exceptional performer who is very intuitive and has a touch of genius about him." "Remarkably versatile and client-friendly. His encyclopaedic knowledge of the law and thorough preparation make him unbeatable." (Dispute Resolution: commercial chancery - Chambers Global 2015)
He is often instructed by large building societies and also shows skill in cases relating to investment product mis-selling. Expertise: "He has tremendous judgement and is very reliable." "He's basically a dream to work with. He is incredibly knowledgeable and also very personable." Recent work: Acted for the claimant bank AIB alleging breach of trust in its dispute with Mark Redler. (Banking & Finance - Chambers UK 2015)
"A favourite for heavyweight litigation" who appears in the Chancery courts in complex cases. He is well renowned for his expertise in banking and finance disputes. Expertise: "A quite exceptional performer who is very intuitive and has a touch of genius about him." "Remarkably versatile and client-friendly. His encyclopaedic knowledge of the law and thorough preparation make him unbeatable." (Chancery commercial - Chambers UK 2015)
"Calm, collected, and never flustered by the largest, most complex cases." (Commercial litigation - Legal 500 2014)
"An encyclopaedic knowledge of the law coupled with comprehensive and formidable preparation." (Professional negligence - Legal 500 2014)
[He] has significant experience in the banking sector and is regularly instructed on behalf of building societies and other financial institutions. Expertise: "Very intuitive with a touch of genius about him. A quite exceptional performer, he is remarkably versatile and client-friendly. His encyclopaedic knowledge of the law combined with his thorough preparation make him hard to beat." Recent work: Acted in AIB v Redler, dealing with the issue of bankers' remedies for breach of trust against solicitors. (Banking & Finance - Chambers UK 2014)
His reputation for cases involving fiduciary duty precedes him and he is frequently instructed on novel and sophisticated trust disputes. Expertise: "He has a gentle approach but he gets results. He is a formidable preparer of his work and that makes him unbeatable. Possessed of the most lovely cross-examination method, he is gentle, persuasive and avuncular." Recent work: worked on the AIB v Redler case which is tipped to be the leading authority on the remedies available to bankers where solicitors are liable for breach of trust. (Chancery: commercial - Chambers UK 2014 and Chambers Global 2014)
Often works for claimant banks in their negligence claims against a range of professionals including solicitors and valuers. Expertise: "He's very approachable and willing to muck in. He assists in ways other counsel don't."
Recent work: acted for the claimants in AIB v Redler, alleging a breach of trust by the defendant solicitors. (Professional negligence - Chambers UK 2014)
Key individuals at the "very commercially focused" 11 Stone Buildings include Jeremy Cousins QC, whose "quality of advice and written work is always excellent"... (Professional negligence - Legal 500 2013)
11 Stone Buildings’ Jeremy Cousins QC attracts praise for his "encyclopaedic wealth of knowledge, and fabulously calm demeanour". (Commercial litigation - Legal 500 2013)
Jeremy Cousins QC of 11 Stone Buildings is "intuitive and has a touch of genius about him". Possessed of "an encyclopaedic knowledge of the law", he has a practice that encompasses both banking and professional negligence matters. (Banking & Finance - Chambers UK 2013)
Jeremy Cousins QC is an "outstanding" practitioner on commercial matters, and is particularly good on cases with a fiduciary duties element to them. He recently acted in Stanleybet International Betting v Steinberg & others, a claim surrounding guarantee liability construction. (Chancery: commercial – Chambers UK 2013 and Chambers Global 2013)
Jeremy Cousins QC of 11 Stone Buildings has developed a specialist practice dealing with claims relating to solicitors. The past year has seen him acting on a number of claims involving alleged solicitors' breach of fiduciary duty, breach of trust and negligence. (Professional negligence – Chambers UK 2013)
The "very impressive" Jeremy Cousins QC joins from Selborne Chambers, a move which has given added vigour to the set. His is a broad-based, classic commercial chancery practice, which has lately seen him take on a number of high-stakes banking and finance cases. (Chancery: commercial - Chambers UK 2012)
Jeremy Cousins QC of 11 Stone Buildings is "responsive and thorough", and combines an "encyclopaedic knowledge of the law" with a steely resolve. He is popular in the market. (Professional negligence - Chambers UK 2012)
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