Fountain Court warmly congratulates Adam Sher and Richard Power on their appointments to King’s Counsel, announced by the Lord Chancellor today.

Adam is particularly renowned for his expertise in banking and finance disputes (in which he has been ranked for many years in Tier 1 in both Chambers and Partners and the Legal 500), although his work extends across a wide range of commercial disputes, including insurance and civil fraud. Recent highlights include Loreley 30 v Credit Suisse, the FDIC-R LIBOR litigation and the Russian Aircraft litigation.

Adam has been described in the directories as “always willing to think beyond the immediate question … he never fails to be ahead of everyone else in the room on the most intricate of details”, as “Absolutely superb, exceptionally clever, good on paper and really nice to work with” and “In a league of his own”.

Richard has a broad commercial practice, with a particular focus on civil fraud and injunctions. He is first and foremost a courtroom advocate who is willing to take on, and win, difficult or challenging cases. The directories say: “Walks into court and knocks it out of the park in terms of the arguments he is giving. He is approachable, straight-talking and always charming. Clients love him”. “His ability to analyse legal arguments is incredible; he gives very far-sighted advice. In court, he is an exceptional advocate and someone you always want on your side”.

He has been involved in some of the most substantial litigation in recent years, including the US$13 billion Magomedov claim (concerning an alleged unlawful means conspiracy) in which (as sole advocate) Richard secured summary judgment for his client. Other recent highlights as sole or lead advocate include: Kea Investments v Ivory Castle (leading case on quasi-proprietary freezing injunctions), Tripwire v Astor (unlawful means conspiracy claim in the arms industry), A v B (No 1) & (No 2) (setting aside an order enforcing a US$39 million arbitration award, described by Mr Justice Foxton as “a triumph of advocacy”), Mountain Ash v Vasilyev (setting aside a judgment on a US$100 million guarantee), Andoro v Dolfin (multi-million cryptocurrency fraud claim), and FCA v Papadimitrakopoulos (market abuse claim, alleged abuse of process).