Russell is an Associate with experience in advising clients in financial disputes and professional negligence, with a particular emphasis on disputes arising in the banking, corporate and debt capital markets.
Prior to qualifying as a solicitor in 2006 Russell spent nearly twenty years as an investment banker specialising in debt capital markets and, in particular, the structuring, trading and distribution of cash and synthetic investment grade and distressed credits, securitisations, bonds, loans and interest rate derivatives for a wide-range of ‘blue chip’ investment banks including Citicorp, Nomura, Merrill Lynch and Credit Suisse. For ten of those years Russell was a credit specialist and market maker in both corporate Eurobonds and Convertibles in London.
Russell trained in law with US bond and structured finance specialist Cadwalader LLP followed by six years as a banking and structured finance markets lawyer with Berwin, Leighton, Paisner LLP (including in-house secondments with Bank of New York Mellon and Investec); independently as co-ordination counsel to a committee of five US hedge funds at Bingham McCutcheon LLP; and, prior to joining Signature in November 2013 with Matthew Arnold & Baldwin where he advised a large UK banking client in ongoing swap interest rate swap mis-selling disputes.
- Acting for the claimant, a former FTSE100 company, in a claim for recovery of costs against its former legal advisors and an investigation of wider claims in negligence.
- Advising an ad hoc committee of five US hedge fund bondholders through a default and enforcement process in respect of the security for bonds issued by Thule Drilling ASA of Norway. The matter, now successfully concluded, involved enforcement proceedings in Norway, Cyprus, Germany, Texas, BVI and the UAE. Involving issues of fraud, OFAC, FCPA and cross-border insolvency, the case included applications to the Norwegian Supreme Court and saw new trust case law made in Norway.
- Advising an FCA authorised person in relation to investigations by both US and UK regulatory and criminal authorities in respect of high profile events in the European and US credit derivatives markets.