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Tom Parry, Senior Associate

Tom Parry

Senior Associate

Languages

French (intermediate)

Practice areas

  • Commercial litigation
  • Financial institutions
  • Financial services and markets regulation
  • Financial services disputes and investigations
  • Fraud and financial crime
  • Payment systems and digital commerce

Practice notes

Tom helps financial services firms to deal with external disputes and internal issues in a timely and commercial way.

Civil litigation and ADR: Tom handles and resolves complex, high value and strategically important civil disputes for clients, including bringing recovery actions against commercial debtors and defending claims for breach of contract, breach of statutory duty, negligence, undue influence, economic duress, product misselling through misrepresentation, and unfair relationships. His litigation practice has resulted in the following published judgments:

  • a successful restitution claim to recover sums paid to an invoice discounter on the grounds that the discounter had failed to exercise a contractual discretion when setting a percentage rate for charges payable under the discounting agreement (BHL v Leumi ABL Limited [2017] EWHC 1871 (QB)); and

Regulatory disputes: Tom acts for clients responding to quasi-contentious communications from FCA Supervision and investigations led by FCA Enforcement into alleged misconduct, including systems and controls violations, market abuse, misselling, and other breaches of regulation and guidance. He is familiar with all stages of the FCA Enforcement process.

Internal investigations: Tom carries out internal investigations for clients and advises on strategic regulatory risk management issues - for example past business reviews, remediation activity, thematic reviews and s166 skilled person reviews.