Home / People / Tom Dane
Portrait ofTom Dane

Tom Dane

Partner

CMS Cameron McKenna Nabarro Olswang LLP
Cannon Place
78 Cannon Street
London
EC4N 6AF
United Kingdom
Languages English, Spanish

Tom is a partner and leads the Finance Disputes team in London.

Tom has over 20 years’ experience of litigating high value and complex disputes with a particular focus on banking and finance disputes. Tom is ranked as a "Leading Individual" for banking litigation in the legal directories.

In 2017, Tom was seconded to a large UK bank where he worked on a range of high profile matters including a substantial remediation scheme, follow on litigation against the bank and parallel regulatory investigations, together with more “business as usual” claims.

Tom regularly handles large scale cross-border disputes involving High Court proceedings or international arbitration. Tom also acts for international and domestic insolvency practitioners in pursuing claims on behalf of insolvent estates. Since becoming a partner in 2011, Tom has strong experience of advising banks and other financial institutions on a wide range of contentious issues; civil fraud claims; joint venture disputes; claims regarding directors duties; and applications for interim remedies including freezing injunctions.

more less

"a thoughtful and commercial litigator with an excellent understanding of the market and its commercial imperatives” and “a stand out partner".

Legal 500, 2023

Tom Dane is ranked as a leading individual for banking litigation and described as an “excellent litigator”

Legal 500, 2020

Tom Dane is recommended and “brutally efficient”.

Legal 500, 2017

"Strong litigator who is highly responsive and excellent with the business: a good person to have on your side in a dispute."

Chambers 2014

Relevant experience

  • Various lenders in relation to the strategic defence of high volume claims for secret commissions.
  • UK bank in defending a GBP 300m claim brought via Commercial Court proceedings.
  • Board of directors of an issuer of a USD 30m Initial Coin Offering regarding a potential group action by claimant investors.
  • Turkish company and directors in relation to Commercial Court proceedings brought by eleven hedge funds alleging deceit in relation to a USD 200m bond issue.
  • International bank in relation to an expert determination.
  • Liquidators of a UK company in relation to multi-million pound claims against former directors.
  • Investment bank in relation to a Stockholm Chamber of Commerce arbitration.
  • Russian clients in relation to a dispute arising from the multi-million dollar financing of a diamond business (Commercial Court trial and LCIA arbitration).
  • High net worth individual in relation to a dispute regarding multi-million dollar loan agreements and a family trust involving parallel proceedings in England, BVI, St Kitts & Nevis and St Vincent & Grenadines.
  • UK based wealth management company in defending various claims advanced by high net worth clients.
  • Public limited company in relation to an investigation by the Insolvency Service.
  • Various banks on disputes arising from commercial and retail banking operations such as remediation programmes, breach of mandate claims, and defending claims involving allegations of mis-selling and fraud.  Tom has been seconded full time as a partner to a major UK bank and so has good knowledge of the inner workings of financial institutions.
  • Financial institution in relation to its claim for over EUR 14m against a German listed entity relating to commission due for introducing a significant hedge fund investor.
  • US Government Agency in relation to securing over USD 100m of assets held in London financial institutions as a result of alleged cyber hacking perpetrated by European defendants in support of ongoing US legal proceedings.
  • The Swiss liquidators of the Petroplus Group on numerous English law issues arising out of a USD 2bn facility agreement and the cross-border insolvency of the group, including pursuing claims before the English High Court.
  • Italian bank in relation to its claim against another bank for mis-selling a EUR 50m structured note which included exposure to the first loss tranche of a synthetic CDO.
more less

Education

  • 2000 – LPC, Nottingham Law School (Distinction)
  • 1999 – LLB, University of Nottingham, Nottingham
more less

Feed

28/05/2024
The FCA’s anti-gre­en­wash­ing rule and guidance: what are the litigation...
The Financial Conduct Authority (FCA) has recently published its finalised guidance on the anti-gre­en­wash­ing rule, which will come into force on 31 May 2024.The anti-gre­en­wash­ing rule, in the Environmental...
20/05/2024
The FCA’s anti-gre­en­wash­ing rule and guidance: what are the litigation...
The Financial Conduct Authority (FCA) has recently published its finalised guidance on the anti-gre­en­wash­ing rule, which will come into force on 31 May 2024. The anti-gre­en­wash­ing rule, in the Environmental...
25/04/2024
CMS Banking Disputes Report 2024
Working with litigation analytics company, Solomonic, CMS has published its Banking Disputes Report 2024, a data-driven review of the Banking and Finance sector’s dispute-related activity to identify...
24/04/2024
CMS Banking Disputes Report 2024
Working with litigation analytics company, Solomonic, CMS has published its Banking Disputes Report 2024, a data-driven review of the Banking and Finance sector’s dispute-related activity to identify...
24/04/2024
Banking & Finance sector involved in highest volume of High Court claims...
Analysis by international law firm CMS and litigation data analytics company, Solomonic, shows that the Banking and Finance sector saw the highest volume of new High Court claims of any sector filed in...
17/04/2024
APP fraud – Quincecare duty claims against banks replaced by new “retrieval...
The recent decision in CCP Graduate School Ltd v National Westminster Bank plc and another [2024] EWHC 581 (KB), demonstrates how Claimants are repositioning claims against banks arising from authorised...
03/04/2024
Banking Disputes Report 2024
A data-driven review to analyse disputes activity to identify where, and how, banking disputes are being determined in 2024 and what might lie ahead. With over 1,000 new claims, the Banking and Finance sector topped the rankings for the number of High Court claims filed in any sector in 2023.
13/07/2023
Supreme Court decides that a victim of APP fraud cannot bring a claim against...
In a much-anticipated judgment handed down on 12 July 2023 (Philipp judgment), the Supreme Court has decided that an individual customer that makes a payment pursuant to an APP fraud cannot bring a claim...
24/01/2023
Banking Disputes Report 2022
This report looks at dispute resolution trends in the Banking and Finance sector with a focus on activity across the English courts; key ar­bit­ra­tion in­sti­tu­tions; and alternative dispute resolution...
22/12/2022
Supreme Court strikes out £116 million claim for breach of Quincecare duty...
The UK Supreme Court has handed down its judgment in Stanford International Bank Ltd (In Liquidation) (Appellant) v HSBC Bank PLC (Respondent) [2022] UKSC 34, striking out a significant claim (£116m)...
05/10/2022
Banking Disputes webinar - Data driven analysis and trends
Join our Finance Disputes team on Wednesday 5 October as they provide an overview of their findings and summarise the key parts of their recently published “Banking Disputes Report 2022”.    The...
25/05/2022
Securities litigation – cometh the hour!
We now have the long-awaited decision of Mr Justice Hildyard in Autonomy & ors v Michael Richard Lynch & anr [2022] EWHC 1178 (Ch). The judgment is long and deals with a multitude of issues. This article...