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Adam Silver focuses his practice on commercial and financial litigation, fraud and contentious insolvency. He is particularly experienced in handling capital markets related litigation as well as advising on cross-border disputes and enforcement actions in a wide variety of jurisdictions. His work in relation to financial disputes is noted in The Legal 500 UK, 2015 where he is credited for his “good, clear advice”.

Mr. Silver has practiced before the High Court of England & Wales, the Court of Appeal and the House of Lords (now the Supreme Court).

Significant Representations


Commercial Litigation

  • Advising the offshore holding company of a Ukrainian business group in a successful U.S.$200 million claim in the English Court against a Russian individual and a company controlled by him - Avonwick Holdings Limited v Webinvest Limited and Another. The matter involved various interloctorty applications including an important finding by the Court of Appeal in favour of our client relating to the scope of the “without prejudice” rule. 
  • Advising liquidators of an off shore company and others in relation to a claim in the English Court for unlawful means conspiracy as well as claw back actions under the Insolvency Act against two Russian business men and companies controlled by them relating to the diversion of assets of U.S.$300 million. The claim has involved ancillary attachment proceedings in the Netherlands. 
  • Advising hedge funds seeking to set aside the restructuring of bonds issued by a leading Russian retail group and claiming damages for conspiracy (Spinnaker v Starling & Others). The matter involved multi-party litigation in the English Commercial Court, ancillary attachment proceedings in Germany and resulted in a confidential settlement of the claims. 
  • Advising Noteholders in a St. Petersburg-based property group in respect of claims arising from a fraudulent restructuring, including LCIA arbitration proceedings in London and related litigation in Cyprus and Russia. 
  • Advising hedge funds in relation to a partial arbitration award rendered against them in an arbitration under the SIAC rules. The matter involved successfully having the award set aside by the Singaporean Court and then that decision upheld by the Singaporian Court of Appeal, resisting enforcement of the award and dealing with various aspect of the arbitration. 
  • Advising a Bahraini bank and a Saudi Arabian real estate company in relation to a claim against the bank's former CEO and others for conspiracy and related matters. The claim involved litigation in the English Commercial Court. 
  • Acting for Liberty Bank JSC of Georgia in relation to a successful application to the English Court for the appointment of joint receivers over an English LLP for the purposes of ongoing litigation in the Georgian Court. 
  • Acting for a Russian corporate group in relation to multiple arbitration claims brought by a state owned Russian bank. The matter involved successfully resisting an application for injunctive relief in the English Court and subsequently settled on a favourable terms for our clients. 
  • Acting for various bondholders in relation to defaults by Shiv-Vani Oil and Gas Services Limited in respect of a U.S.$80 million convertible bond, involving obtaining summary judgment in England and subsequent multi-jurisdiction enforcement actions.
  • Advising Russian Commercial Bank (Cyprus) Limited and its parent VTB (Russia's second largest bank) in respect of claims in excess of U.S.$500 million against an oligarch and various companies controlled by him in relation to oil and gas assets (Russian Commercial Bank (Cyprus) Ltd v Khoroshilov [2011] EWHC 1721).* 
  • Advising Cadogan Petroleum plc (an LSE listed company) in relation to claims relating to the alleged misconduct by former management and others. The litigation involved a claim in the English High Court with parallel proceedings in multiple jurisdictions and ultimately involved settlements with all the main defendants.* 
  • Advising the Republic of Georgia in relation to various commercial disputes involving proceedings in the English Commercial Court and successfully discharging an injunction relating to the enforcement of an arbitral award.* 
  • Advising a Russian business man and corporate entities controlled by him in relation to various fraud and bribery claims brought in the English High Court, (Part of the Fiona Trust litigation).* 
  • Advising the Republic of Georgia in relation to various commercial disputes involving proceedings in the English Commercial Court and successfully discharging an injunction relating to the enforcement of an arbitral award.* 
  • Acting for the BCCI liquidators in their claim against Bank of England, including acting on the landmark House of Lords case on legal professional privilege (Three Rivers District Council & Others v The Governor & Company of the Bank of England).*

Insolvency Litigation and Restructuring 
  • Acting for Trustees in Bankruptcy in relation to multi jurisdiction investigations and asset recovery actions, including in: the UK, France, Luxembourg, Liechtenstein, Latvia, Malta, Switzerland, Russia, the BVI and St Vincent and Grenadine. 
  • Advising a creditor of Indah Kiat International Finance Company B.V. in challenging a scheme of arrangement before the English High Court. 
  • Advising Deutsche Bank AG, London Branch in relation to restructuring of a Russian and Ukrainian agricultural business (the Valinor Group). 
  • Advising Noteholders in relation to the restructuring of a UK and Russian oil and gas group Vostok Energy plc. 
  • Advising Noteholders in relation to the restructuring of a Kazakh oil and gas company Tristan Oil Ltd. 
  • Advising creditors of Russian Standard Bank in relation to the restructuring of the company’s debt via a UK scheme of arrangement. 
  • Advising Noteholders in relation to the restructuring of a Polish steel group (the Cognor Group). 
  • Advising Noteholders of Sazka a.s. (Czech lottery company) in relation to issues arising from default of issuer and its subsequent insolvency.* 
  • Advising the Committee of international bondholders of International Industrial Bank JSC (Russian bank).* 
  • Advising the senior lenders of IMO Carwash in relation to the dispute with mezzanine lenders regarding the restructuring of the group by way of schemes of arrangement and a pre-pack administration.* 
  • Advising creditors (and a court-appointed representative creditor) of Global Trader (Europe) Limited (in liquidation) in a dispute over assets held by the derivatives broker that has led to a leading judgment on the interpretation of the FSA Client Money Rules.* 
  • Advising the administrators and then liquidators of AY Bank in respect of a variety of claims against debtors and on a multi-party disputed proof of debt proceedings before the English Court involving the successor states to the former Yugoslavia. 
  • Advising Langbar International Limited on a novel scheme of arrangement involving the assignment of creditor claims against third parties to facilitate a fraud claim.* 
  • Advising the administrators (then liquidators) of a company in the MG Rover group.*

*Matter handled prior to joining Dechert.

Education

University of Oxford, B.A., First Class Hons
The College of Law, London, CPE, LPC

Bar Admissions/Qualifications

Solicitor, England and Wales

Memberships

R3: Association of Business Recovery Professionals
Insolvency Lawyers Association