Martin Davies is a partner in the London office of Latham & Watkins and Global Vice Chair of the firm’s Litigation & Trial Department. An accomplished trial lawyer, Mr. Davies has more than 20 years' experience advising clients on a broad range of complex, high-profile commercial disputes, including corporate and shareholder disputes, banking and financial litigation, and fraud.
Mr. Davies has deep knowledge in the financial services, communications, entertainment, sports and media, and technology sectors, combining significant High Court experience with a recognized track record in domestic and international arbitration, including before specialist tribunals, such as the Copyright Tribunal, the Court of Arbitration for Sport, and IFTA (Independent Film and Television Alliance), both in the UK and US.
Mr. Davies also regularly advises on public law issues, conducting judicial reviews for both applicants and regulators, and has considerable experience running internal investigations on behalf of clients, including appearing before the regulator.
Chambers & Partners UK described Mr. Davies as “a brilliant litigator” who is “very level-headed and measured.” Last year, Martin acted in the RBS Rights Issue litigation, one of the largest cases currently before the courts.
Mr. Davies’ representative experience includes:
Acting for Legal & General, Standard Life, The Prudential, Aviva, and USS (Universities Superannuation Scheme) in relation to the 2008 rights issue by RBS, representing one of the largest ever cases to have come before UK courts. After being listed for 10 months before reaching settlement, the court’s decision returned hundreds of millions of pound sterling to the shareholders. The case, decided under Section 90 of the Financial Services and Markets Act (FSMA), developed the law pertaining to issuer liability for third-party loss suffered as a result of acquiring securities.*
Acting for an international conglomerate encompassing companies and investments in property in London and related trading entities across Africa, and Rothschild as the trustees of various trust holdings, including proceedings in London and related proceedings in Guernsey involving Beddoes applications and advising on the duties and role of trustees.*
- Acting for a FTSE 100 company in the contentious restructuring of their loan and debt agreements.*
- Acting for a European national railway company adverse to their bankers over a credit defeasance agreement.*
- Advising various entities over potential recourse under FSMA adverse to the issuers of securities.*
- Acting for a leading fund management company adverse to certain funds in relation to the disputed terms of the management agreement.*
- Advising the guarantor of a film finance agreement with a view to the successful renegotiation of the guarantee terms.*
- Advising the Post Office and acting for them in relation to numerous matters arising from the decision to close post offices across the UK.*
- Acting for a leading Internet service provider (ISP) in relation to potential challenges to certain tax treatments of that, and other, ISPs.*
- Acting for Wimbledon Football Club in their successful ground from Wimbledon in South London to Milton Keynes. The Club’s initial application to the Football League was rejected and Mr. Davies acted in the subsequent FA arbitration to overturn the refusal and then in the FA constituted FA Commission of Inquiry resulting in permission being granted, a decision many say will never be repeated.*
- Acting for a Premier League Club in an arbitration adverse to their main shirt sponsor, to ensure the full compliance by the sponsor of all contractual terms of the sponsorship arrangements.*
- Appointed by ITV to carry out an independent inquiry into phone voting irregularities at the British Comedy Awards, to include presenting those findings to OFCOM.*
- Acting for ITV Plc and various Group companies for over 20 years in relation to a number of different contractual and regulatory issues.*
- Acting for the BPI (British Phonographic Industry) in the Copyright Tribunal reference that set the royalty rates for music downloads and streaming.*
- Acting for PPL (Public Performance Limited) (i) adverse to one of the major TV and radio broadcasters in relation to both past royalties (dispute held before the courts) and future royalty rates (before the Copyright Tribunal), and (ii) in relation to a reference relating to the appropriate royalty for music video channels.*
*Matters handled prior to joining Latham