Year of call: 2012 (Inner Temple); 2010 (Solicitor of England and Wales); 2004 (Supreme Court of Victoria and High Court of Australia)
E: sralston@3vb.com

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JuniorsPMs@3vb.com

Scott undertakes a broad range of commercial and banking work. He has more than a decade of experience in complex and high value commercial litigation. Prior to joining chambers in 2012, he practised as a solicitor in Melbourne and with Clifford Chance LLP in London. Recent instructions include:

  • The RBS Rights Issue litigation, acting for one of the institutional lead claimant groups in this multi-billion pound group litigation, with a particular focus on the extent to which RBS’s 2008 rights issue prospectus accurately depicted the credit market exposures on its balance sheet (led by Andrew Onslow QC and Adam Kramer).
  • Brogden & Reid v Investec Bank Plc, acting for the defendant bank in first instance and on appeal resisting a £6m claim for contractual bonuses by the managers of a structured equity derivatives desk (led by Jonathan Nash QC).
  • TJH and Sons Consultancy Limited v CPP Group Plc, acting for the appellant in the Court of Appeal in relation to the proper construction of a consultancy agreement (sole advocate).
  • Many mis-selling cases in the County Court and High Court, particularly those arising out of the sale of interest rate hedging products.

Scott has been recognised as a Leading Junior in banking & finance in Legal 500 UK 2015 and 2016.


‘A very thoughtful and able written advocate, liked for his down-to-earth approach.’

Legal 500 UK 2015

‘A very thoughtful and able written advocate, liked for his down-to-earth approach.’

Legal 500 UK 2015

The RBS Rights Issue litigation (Ch). Long-running group litigation arising out of the £12 billion Rights Issue in 2008. Acted for one of the institutional lead claimant groups (represented by Stewarts Law) in this claim under s.90 of FSMA that the prospectus was misleading and incomplete. The claims settled in December 2016. Main focus was on the extent to which the prospectus accurately depicted the credit market exposures on RBS’s balance sheet (then the world’s largest bank). Particular asset classes included CDOs, monolines, leveraged loans, ABS (led by Andrew Onslow QC and Adam Kramer).

TJH and Sons Consultancy Limited v CPP Group Plc [2017] EWCA Civ 46. Appeal concerning the  proper construction of a consultancy agreement against the background of a prior employment relationship. Issues concerning the express incorporation of terms, contractual discretion, and proper use of pre-contractual negotiations.

Brogden & Reid v Investec Bank Plc [2016] EWCA Civ 1031 (CA); decision of Leggatt J below [2014] EWHC 2785 (Comm). A dispute concerning the proper calculation of bankers' bonuses under an employment contract and in particular the nature and application of the formula for calculating the profit made by the bank’s structured equity derivatives desk (led by Jonathan Nash QC). 

Freehold v NWB [2014] EWHC 4621 (Comm). Short matter concerning the costs consequences of the discontinuance of swaps mis-selling claims (led by Matthew Parker). 

A client of a regional law firm (Ch). Acted for a claimant advancing claims of professional negligence and breach of fiduciary obligations, and a defence of illegality with parallel criminal proceedings (led by Andrew Sutcliffe QC).

A former employee (Comm). Acted for a senior employee facing personal and proprietary claims and a freezing order arising out of the alleged dishonest misappropriation of company assets. Issues concerning the circumstances in which a senior employee will owe fiduciary obligations, and common law and equitable tracing through London property (led by Jonathan Nash QC).

A hotel owner (Merc). Acted for a hotelier advancing claims of deceit and breach of fiduciary obligations arising out of an agency agreement for hotel management (led by Matthew Parker).

Prior to transferring to the bar, at Clifford Chance notable cases included:

The Blue Sky litigation, which concerned complex arrangements in connection with US sanctions and involving issues of private international law, Iranian law, US law, Dutch law, and Armenian law: [2009] EWHC 3314 (Comm); [2010] EWHC 128 (Comm); [2010] EWHC 631 (Comm); [2011] EWCA Civ 544; [2011] EWCA Civ 771.

Lomas v Firth Rixson [2010] EWHC 3372 (Ch), Briggs J’s first instance decision in relation to the proper construction of s.2(a)(iii) of the 1992 ISDA Master Agreement.

Anthracite v LBSF [2011] EWHC 1822 (Ch), concerning the proper construction of bespoke early close-out provisions in two cash settled put options incorporating the 1992 ISDA Master Agreement.

Alpstream AG v PK Airfinance [2011] EWHC 1002 (Comm), resisting pre-action disclosure.

PLC Note on enforcing guarantees: guarantor’s rights, May 2017.

Chapter on unfair relationships/lender liability/consumer credit in Malek QC and Odgers QC (eds.) Paget's Law of Banking (14th ed., 2014).

Co-author "Disregard the merits? Interim Injunctions under American Cyanamid Co v Ethicon Ltd" in McDougall and Wilson (eds.) Cases that Changed our Lives Vol 2 (2014).

Contributor, Tolaney QC (ed.) Key Authorities in Banking Law (2013).

"Remoteness and the Usual Undertaking as to Damages" (2011) 127 Law Quarterly Review 180.

"Freezing orders in the Court of Appeal: what safeguards is the respondent entitled to expect?" (2010) 29 Civil Justice Quarterly 19.

University of Oxford - Distinction in the Bachelor of Civil Law

ANU - Minter Ellison Prize for Litigation & Dispute Resolution

ANU - Baker & McKenzie Prize for Intellectual Property

ANU - Butterworths' Prize for Law in Context

ANU - Honours Scholarship

Inner Temple

Commercial Bar Association (COMBAR)