
Ian Weatherall
Ian Weatherall
I am head of the Finance Insolvency Recoveries and Sales team. This is one of the most successful teams in the firm, dedicated to all aspects of financial litigation. It has just produced a banking update to help keep clients up-to-speed with the latest legal developments in the sector.
Tel: +44 (0)121 210 5042
Email: ian_weatherall@wragge.com
Best brains in ...
Tackling complex insolvencies and financial claims to spot frauds and follow the trail to recoup the hidden funds. Dealing with detailed legal issues in upholding the enforceability of a regulated agreement when it is challenged by borrowers. Reacting fast to problems and giving commercial solutions and options to secure my client's position and maximise recoveries.
Highlight of your career so far?
Acting for a major lender in defending matters akin to a group action involving approximately 250 borrowers. My client was successful on all issues which went to trial. The strategy also looked at a co-ordinated settlement approach, which was only effective if a percentage in number and value accepted the terms.
Most challenging job you've ever done?
Securing the first unchallenged appointment of an English Insolvency Practitioner over a German company. Not only was this ground-breaking but it involved flying to Germany late on 23 December and lodging the papers on 24 December. The client and I contemplated an eggnog Christmas together as the snow descended at Frankfurt Airport at 7.00pm on Christmas Eve.
What about outside the UK?
Advising a large car manufacturing company on the largest (in terms of jurisdictions) centre of main interest insolvency appointment made by an English court. My client was concerned to ensure it continued to receive supply in relation to 12 plants throughout the world. This was achieved without interruption.
What's your definition of going the extra mile... And when have you done it?
I always look to be available to my clients. I like to be seen as part of their team and will often spend time sitting in clients' offices for an extended period to achieve this.
When have you ever given a client a real competitive edge?
I am committed to providing clients with effective commercial advice in a legal context. I will not hide behind the law to avoid giving a precise answer. In particular I take time to understand my clients' business drives and objectives and recoveries criteria.
What's your single greatest contribution to Wragge & Co's corporate responsibility?
I regularly take part in marathons and triathlons to raise funds for charities, principally supporting sick children.
What's been written or said about you that you're most proud of?
'Incisive, tenacious, and quick to get the job done'. 'He is highly rated for his thorough understanding of issues and solutions'. Chambers UK.