Vedanta Hedging is the UK’s leading derivative expert witness service. We have acted in more than 420 legal disputes involving derivatives. These range from vanilla and structured interest rate derivatives, foreign exchange derivatives, commodity derivatives, credit derivatives, commercial mortgage backed securities and investment management.
Most businesses will try to avoid derivatives disputes and litigation as they are time consuming, expensive, and may have other negative ramifications.
Without in-depth product knowledge and experience, it may be difficult to assess whether or not a business has a credible claim, and, if so, what the quantum of that claim should be and the technical strengths and weakness of a case. In addition, where a bank offers an alternative derivative, it is important that independent advice is sought before entering into a binding, and potentially very expensive, contract.
It may be difficult to know whether a business should contest or settle a claim that has been made against it. A bank has deep expertise in derivatives and a client needs to be fully, independently and impartially informed as to the implications of derivative-based disputes.
It is vitally important that an independent valuation is obtained from derivatives experts of the relevant assets or transactions on the issues under consideration
from someone who has had first-hand experience of dealing with such assets, transactions and issues in an investment banking context.
Our consultants are experienced in the procedural requirements of litigation and can act on an advisory or formal CPR 35 basis.
Vedanta Hedging is fully authorised by the FCA, and understands the sales processes and conventions, as well as the advice that banks should be providing in order to comply with FCA rules. Banks face a delicate balancing act between increasing the profits they generate from selling derivatives, and determining the appropriateness of derivatives for the client.
We have formally advised our own regulatory body, the FCA.
We have advised many Government Ministers, and the Government has published our advice and recommendations on best practices on hedging for SMEs.
We frequently provide analysis to Government Ministers and regularly appear in national media. We have also been interviewed by Sky News, ITV News, Bloomberg, The Times, Channel 4, The Telegraph, The Daily Mail, International Business Times, Reuters, and many more on multiple occasions regarding our expertise on hedging.
Vedanta Hedging has been routinely instructed by the leading barrister chambers in London including 3 Verulam Buildings, Fountain Court, One Essex Court, Blackstone Chambers, 39 Essex Chambers, Outer Temple, Maitland Chambers, 24 Old Buildings, One Gray’s Inn, Guildhall Chambers and many more.
Our expert witnesses have received instructions from leading international law firms in the UK, USA, Germany and Israel. These firms include Clyde & Co, Collyer Bristow, Enyo Law, Hausefeld, Quinn Emmanuel, Hewitstons, Withers, Fladgate, Teacher Stern, Shakespeares, Cooke Young & Keidan, Carter Ruck, Evans Dodd, Kingsley Napley, Berg Law, Bircham Dyson Bell, Mischon de Reya, Stewarts Law, Lexlaw, Pennington Manches, Ellis Jones and many more.