Magomedov v TPG Group: Important clarification of the “good arguable case” test in freezing injunctions
In this article, 4 New Square’s Saaman Pourghadiri considers the recent case…
Legal 500
“Saaman is totally on top of his brief, and combines an energetic, dynamic approach with technical excellence and creative, practical thinking. He is a real team player, whose performance in the courtroom suggests that he is far more experienced than he really is.”
Saaman Pourghadiri has a diverse domestic and international practice focusing on commercial disputes, civil fraud, pensions, professional negligence and offshore matters. His work in the English courts often involves conflict of law, jurisdiction or foreign law issues.
Saaman is a confident and persuasive advocate who is recognised by the legal directories as “intellectually first rate, practical and hard-working and an excellent team player”. He is comfortable working in teams or as sole counsel and is often instructed to act unled against silks, being seen as “more than a match for more senior counsel”.
Recent highlights include:
Saaman is ranked in the legal directories in five areas (i) commercial disputes, (ii) civil fraud, (iii) pensions, (iv) banking and finance and (v) professional negligence. he is described as follows:
“Saaman is laser focused, very client friendly and easy to work with.”
“Saaman is clear, confident and thinks on his feet very well. He’s also a really good team player, especially on larger cases.”
“Saaman is totally on top of his brief, and combines an energetic, dynamic approach with technical excellence and creative, practical thinking. He is a real team player, whose performance in the courtroom suggests that he is far more experienced than he really is.“
“Saaman is a tremendously likeable individual who generates massive support and goodwill from clients. He can turn his mind to just about any commercial dispute”
“Saaman inspires confidence and is very hard-working. He has a very good courtroom style and he is very good at knowing where to focus and what to leave – he is great at thinking on his feet.”
“Very clever (but wears it lightly) but also practical and sensible – a pleasure to work with. Written advocacy is direct and focused and has a good courtroom manner. Inspires the confidence of clients.”
“A fantastic mind and very accessible and user-friendly.”
“He’s great to deal with, very hard-working and clever. His attention to detail is fantastic.”
“Academically very strong but with a practical approach and never loses sight of the client’s overall objectives. He is a clear and persuasive advocate, both in writing and on his feet.”
“Saaman has a track record of working on top flight banking disputes, and clearly has a strong future in that area of the market.” “A rising star.”
“He has an impressive commercial practice and does very good-quality drafting.”
“He is really impressive – he is extraordinarily clever and knows how to apply that practically.” “A very bright junior.”
“He’s a rising star. He demonstrates impressive judgement for his level of call.”
“He’s very calm and very measured.”
“He’s got a real ability to get across detail quickly and propose well thought through strategies and arguments.”
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“Saaman is laser focused, very client friendly and easy to work with.” – Chambers & Partners
“Saaman is totally on top of his brief, and combines an energetic, dynamic approach with technical excellence and creative, practical thinking. He is a real team player, whose performance in the courtroom suggests that he is far more experienced than he really is.” – Legal 500
Saaman regularly appears in the Commercial Court and Chancery Division both led and unled. Seen as “a rising star”, his expertise covers a wide variety of contractual issues (for example termination and breach of warranty), fraud, professional negligence and company issues spanning a variety of sectors including banking and financial services, manufacturing, IT, telecoms, energy, sports, hospitality and logistics. His diverse practice involves high value, complicated disputes and he specialises in conflict of law and jurisdictional issues. Clients comment on that fact that “he’s great to work with, very hard working and clever. His attention to detail is fantastic”.
Examples of his work
“Exceptionally strong advocate, who takes a considered and effective approach to his cases.” – Legal 500
Saaman has extensive expertise of commercial fraud claims and handles all aspects of such claims including misrepresentations, misappropriation, dishonesty, conspiracy, breach of trust, breach of duty, and asset recovery. His practice covers claims in a variety of sectors including banking and financial services, trusts, sports and property development. He is experienced in the variety of ways such claims can be brought and the procedural tools by which they can be advanced. Saaman has expertise in how such claims can be impacted by regulatory and criminal intervention. He particularly enjoys both seeking and resisting injunctive relief.
Featured Civil Fraud cases
Saaman has long standing expertise in pensions litigation and contentious pensions regulatory matters and has been ranked by the legal directories in this area for several years.
He is seen as:
“He is a very effective junior: bright and personable with a real ability to get across detail quickly and propose well thought through strategies.” – Legal 500
“Saaman is clear, confident and thinks on his feet very well. He’s also a really good team player, especially on larger cases.” – Chambers & Partners
“A clear and persuasive advocate and more than a match for much more senior counsel. He is intellectually first rate, practical, hard-working and an excellent team player on large cases.’ – Legal 500
“Saaman inspires confidence and is very hard-working. He has a very good courtroom style and he is very good at knowing where to focus and what to leave – he is great at thinking on his feet.” – Chambers & Partners
“A fantastic mind and very accessible and user-friendly.” – Chambers & Partners
“‘Very clever (but wears it lightly) but also practical and sensible – a pleasure to work with. Written advocacy is direct and focused and has a good courtroom manner. Inspires the confidence of clients.’ – Legal 500
“He is really impressive – he is extraordinarily clever and knows how to apply that practically.” – Chambers & Partners
“He’s a rising star. He demonstrates impressive judgement for his level of call, as well as an ability to assimilate huge amounts of disclosure with no fuss.” – Chambers & Partners
Regulatory
High Court
Saaman has wide ranging expertise in relation to banking and financial services disputes. He also handles technical financial services regulation and enforcement matters assisted by a secondment to the Bank of England Legal Directorate. He is experienced in appearing before the regulatory tribunals, including a number of appearances before the Upper Tribunal. Saaman is comfortable dealing with a wide variety of lending, security, ISDA and associated documentation.
The legal directories note that he “has a track record of working on top flight banking disputes and clearly has a strong future in that area of the market”. They also comment that he is ” a tremendously likeable individual who generates massive support and goodwill from clients. He can turn his mind to just about any commercial dispute but has been exposed to some substantial banking and financial market disputes where his regulatory and civil fraud background has proved vital”.
Examples of his Banking work
Saaman has deep and longstanding expertise in financial services regulatory matters.
Examples of his work
“Very good at swift and accurate views on matters and his assessment is accurate and reasonable. In particular, his mastery of the figures and how to use them is crucial, though his skills go far beyond that.” – Legal 500
Saaman is experienced in acting for claimants and defendants in professional liability and negligence claims. His practice focuses on solicitors, accountants and financial advisers. Saaman has a particular interest in disputes involving financial services, tax, pensions, and corporate/company issues. He also has a thorough understanding of the regulatory and disciplinary context professionals operate in with extensive experience of SDT, FRC, FCA, and TPR disciplinary proceedings.
Saaman strong general banking and financial services expertise to bear on professional negligence claims make him a natural choice for professional negligence claims in these areas. For further details please see the “Banking and Financial Services” section of his profile.
Examples of his work include:
As a recognised expert in pensions litigation, Saaman brings his deep general pensions expertise to bear on professional negligence claims concerning all aspects of pensions schemes. For further details please see the “Pensions” section of his profile.
Examples of his work include:
Saaman brings his broad commercial expertise to bear on professional negligence claims involving corporate and commercial transactions and those involving company law and insolvency issues. For further details please see the “Commercial Litigation” and “Company & Insolvency” sections of his profile.
Examples of his work include:
Saaman has broad experience of working in offshore jurisdictions, in particular Gibraltar, the Channel Islands and the Caribbean.
Recent Work
Saaman is experienced in dealing with company issues particularly as they relate to the breakdown in relations between shareholders and the conduct of directors. He has particular expertise in unfair prejudice petitions. His insolvency experience is similarly focused on directors’ misconduct.
Featured Company & Insolvency cases
Saaman is regularly instructed to deal with High Court employment matters, recently acting unled against a silk in successfully resisting an application for a springboard injunction – [2022] I.R.L.R. 975 . He is experienced in advising and acting on team moves and other issues arising from restrictive covenants. He compliments this expertise with his experience of actions for and against directors and his experience as an advocate in the Employment Tribunals.
Saaman’s disciplinary practice is principally focussed on the financial services, pensions and accountancy sectors. He is experienced in defending individuals facing enforcement action by the FCA and financial regulators abroad. Saaman has also acted in a number of actions brought by the Pensions Regulator against trustees. Saaman acted in FRC proceedings relating to the collapse of Carillion.
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Saaman studied law at the University of Oxford where he was awarded the Peter Carter prize for the best examination results at his college.
Saaman is a member of:
Saaman is a trustee of RCJ Citizens Advice.
In this article, 4 New Square’s Saaman Pourghadiri considers the recent case…
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