Andrew Barns-Graham specialises in civil fraud litigation and asset recovery, banking and other commercial disputes, shareholder disputes, and contentious insolvency and trusts. His related areas of expertise include freezing injunctions, financial disclosure applications and asset tracing, securities fraud, forgery and counterfeiting, breach of confidence or fiduciary duty, the cross-border enforcement of judgments and non-performing loans, jurisdiction challenges, and conflicts of laws.

Andrew has acted in several of the most complex and high-profile cross-border cases of recent years, including three which have appeared in The Lawyer’s annual ‘Top 20 cases’. He also regularly acts on smaller matters, often involving dishonesty allegations and/or cross-border asset recovery issues.

Andrew joined 3 Hare Court in 2024 after 12 years working as an employed barrister in the civil fraud teams at two law firms, both top-ranked in the legal directories (PCB Byrne and Pinsent Masons). Due to his background, Andrew is especially good at viewing litigation from the perspectives of clients and solicitors and at understanding all the practical challenges involved. Andrew prides himself on being a team-player who works extremely hard and maintains a focus on achieving the client’s commercial objectives.

Andrew is well-connected to the litigation funding industry and can assist clients to ‘de-risk’ litigation by applying for third party funding.

Andrew has been recognised by Legal 500 as a “Rising Star” in the field of civil fraud litigation since 2022. He has published numerous articles about the subject and is a regular speaker at events.

Andrew’s hobbies include sport, playing and composing piano music, and civil fraud litigation.

Expertise

Notable Civil Fraud cases


Skatteforvaltningen v Solo Capital Partners LLP & Ors.

Andrew acts for the Danish tax authority in a c.$1.5 billion claim against c.90 defendants. The case relates to fraudulent applications for refunds of dividend withholding tax and has been described by the trial judge as “one of the most complex pieces of litigation in British history”. Related civil and criminal proceedings are ongoing in the US, Malaysia, onshore Dubai, the DIFC, Denmark and Germany. There have been two trials of preliminary issues, including one relating to the ‘revenue rule’ which was recently decided in SKAT’s favour by the Supreme Court. The main trial began in April 2024 and is scheduled to conclude in April 2025. The case is in The Lawyer’s Top 20 cases of 2024, having previously appeared in its list for 2021.


JSC Commercial Bank Privatbank v Kolomoisky & Ors.

Andrew acts for the corporate defendants in a c.$1.9 billion misappropriation claim brought by a state-owned Ukrainian bank against its former owners (Igor Kolomoisky and Gennadiy Bogolyubov) and six companies. The defendants succeeded in a jurisdiction challenge in 2018 but this decision was reversed by the Court of Appeal in 2019. The trial took place between June and November 2023. The case was included in The Lawyer’s Top 20 Cases of 2022.


Cryptocurrency fraud

Acting for a cryptocurrency exchange in relation to contested allegations that it received the proceeds of a major fraud (valued at c. GBP 6 million).


Secret commissions case

Acted in 2023/24 for the claimant on an NPO application in Singapore. Disclosure was obtained to assist a worldwide asset recovery effort arising out of payments of GBP millions of secret commissions by a former employee and suspected sales of confidential information to competitors. The case also involved related criminal proceedings in the Netherlands.


Confidential securities fraud action

Acted for the claimant in 2022/23 in a £multi-million securities fraud claim under FSMA s.90A. The claim was resolved at the pre-action stage.


Disclosure in relation to a counterfeiting operation

Acted for a US-based electronic cigarette company on disclosure applications aimed at identifying the manufacturers and distributors of harmful counterfeit versions of its product.


Acting on assigned fraud claims in an insolvency context

Acted for a claimant in a £multi-million shareholder dispute on fraud claims which were assigned during a liquidation process.


Investors in Cattles plc v Blake & Ors

Acted for a defendant to a c.£30m claim brought by investors in a subprime lender regarding misrepresentations in a rights issue prospectus. The case was due to become the first authority on FSMA s.90 until it settled shortly before trial.


National Bank Trust v Yurov & Ors

Acted for a defendant to a c.$830m claim brought by a Russian bank arising out of a loan recycling scheme. The claim was included in The Lawyer’s Top 20 Cases of 2017.


Shareholder dispute involving allegations of forgery and email collusion

Andrew acted for a shareholder in a dispute involving allegations of another shareholder’s email forgery and collusion with company administrators in connection with an auction of the company following a pre-pack.


Notable Banking & Financial Services cases


JSC Commercial Bank Privatbank v Kolomoisky & Ors

Andrew acts for the corporate defendants in a c.$1.9 billion misappropriation claim brought by a state-owned Ukrainian bank against its former owners (Igor Kolomoisky and Gennadiy Bogolyubov) and six companies. The defendants succeeded in a jurisdiction challenge in 2018 but this decision was reversed by the Court of Appeal in 2019. The trial took place between June and November 2023 and judgment is awaited. The case was included in The Lawyer’s Top 20 Cases of 2022.


Acted for a bank as secured creditor

Acted in 2023 for a bank which sought to collect a debt from a corporate group by enforcing its security rights and appointing administrators to the group. The main shareholder of the group responded by making numerous serious allegations against the bank and by threatening retaliatory action.


Strike-out of a £300m claim

Acted for a bank and several of its employees who were the subject of a spurious £300m Part 8 claim brought in the County Court by a disgruntled former customer. Andrew’s team obtained orders striking out the claim and requiring the claimant to pay the bank’s costs on the indemnity basis, along with a general civil restraint order which prohibited the claimant from making any further claims against anyone without first obtaining the court’s permission.


Aldermore Bank plc v Lynch

The bank was found at first instance to have forged a personal guarantee. Andrew did not act at first instance but he was part of a team which was instructed to pursue the appeal, which succeeded in December 2022.


Notable Insolvency and Trusts cases


Administration of the Carlauren Group

Andrew acted for a large group of investors in relation to their investments in an alleged c.£80m Ponzi scheme. His clients’ application to appoint administrators to the group was successful. The case made front-page news in 2024 following a raid by the SFO.


Confidential insolvency matter

Advising the liquidators of a corporate group on the appropriate strategy for an ongoing high-profile insolvency involving political sensitivities and cross-border recovery issues.


Acted for a bank as secured creditor

Acted in 2023 for a bank which sought to collect a debt from a corporate group by enforcing its security rights and appointing administrators to the group. The main shareholder of the group had responded by making numerous serious allegations against the bank and by threatening retaliatory action.


Acting on assigned fraud claims in an insolvency context

Acted for a claimant in a £multi-million shareholder dispute on fraud claims which were assigned during a liquidation process.


Shareholder dispute involving allegations of forgery and email collusion

Andrew acted for a shareholder in a dispute involving allegations of another shareholder’s email forgery and collusion with company administrators in connection with an auction of the company following a pre-pack.


‘Trustbusting’ claim in Nevis

Acted in the ‘trustbusting’ of a Nevis trust with assets totalling c.US$200m (proceedings held in camera).


Advising a trust company

In 2022 Andrew advised a trust company on the termination of its relationships with various customers following the imposition of sanctions.


  • Professional negligence claims against a company’s former accountants for failing to detect and prevent thefts by its former bookkeeper.
  • Acted for an international transport company in a c. €23m banking dispute.
  • An arbitration between two pharmaceutical companies involving alleged breaches of warranty in an asset purchase agreement.
  • A c. $32m confidentiality dispute between two private equity firms.
  • Acted for a Saudi oil company in fraud claims arising out of a failed joint venture for the construction of oil rigs.
  • Acted on applications relating to the Yukos Oil global litigation.

Andrew is “an excellent negotiator”

Legal 500 - 2023

Andrew is “top drawer” and he “carries the day to day load and masters the detail”

Legal 500 - 2021

Andrew is “extremely hard working” and praised for his “independent thinking”

Legal 500 - 2019

“All of the advice that Andrew has given me has been succinct, forward-looking and it has all fallen into place. The service is faultless – it is really perfect.”

Client Feedback

“Andrew is clearly very knowledgeable. I felt totally comfortable with his advice and his work”.

Client Feedback

Related news & articles

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