Carola Binney

Carola is developing a broad commercial practice and has experience of complex and high-profile multi-party litigation. Several of her recent instructions have had multi-jurisdictional aspects. She is comfortable dealing with complex quantum issues and has experience of specialist proceedings, including claims under the Arbitration Act. Her recent instructions include:

• Currently acting for investors bringing claims under s. 90A of the Financial Services and Markets Act for the publication of misleading information by two public companies (led by Andrew Onslow KC and Shail Patel).
• Suppipat & Ors v Narongdej & Ors [2023] EWHC 1988 (Comm): acted on behalf of the successful claimants in a 19-week, $2 billion fraud trial with a significant foreign law dimension, led by Justin Fenwick KC and George Spalton KC. The case was one of The Lawyer’s Top 20 Cases of 2022.
• HPII (In Liquidation) & Others v Ruhan & Stevens [2022] EWHC 383 (Comm): led by George Spalton KC in a three-week, £100 million Commercial Court trial before Foxton J, involving allegations of fraudulent breach of directors’ duties, equitable compensation and dishonest assistance, as well as complex limitation arguments.
• Instructed, as sole counsel, in respect of a successful High Court application to enforce an arbitration award worth over £180,000.
• Instructed on behalf of the claimant payment services provider in respect of its claim for restitution of sums paid in reliance on an incorrect FX rate (led by Ben Smiley).
• Instructed in a s.68 Arbitration Act challenge to an award in a dispute worth c. £10 million, involving allegations of apparent bias on the part of the tribunal.
• Instructed, as sole counsel, by a PLC in respect of a successful strike out hearing of a product liability claim.
• Instructed, as sole counsel, in respect of enforcement proceedings (including an examination order) arising from a successful breach of contract claim.
• Assisted, during pupillage, in a $150 million international investment arbitration dispute concerning the alleged expropriation of several construction sites in Saudi Arabia.

Carola is a member of COMBAR.