marc florent

Marc Florent

Partner
Baker & McKenzie LLP

Biography

Marc Florent is a partner in the Baker McKenzie Dispute Resolution team based in London. Marc joined the Firm from another leading multinational firm in 2019 having been a partner there for 17 years and having been involved in several of the most significant cases in his field. Marc is a native English and French speaker.

Chambers 2019 describes Marc as "notable for his expertise in structured finance disputes, particularly with regard to matters involving financial derivatives". In the Chambers 2020 Banking Litigation category, sources describe him as "a very good technical lawyer and a decisive team leader," who can "deploy his very substantial litigation experience to highly impressive effect."

Practice Focus

Marc acts for clients in the financial, commercial and industrial sectors in connection with a wide variety of complex, high value and multi-party disputes. Marc has particular expertise in the field of structured products and financial derivatives and extensive experience in all court related and/or contentious matters and situations arising from restructuring and insolvency. Marc's cases have been conducted in various jurisdictions including London, Hong Kong, Bermuda and the Cayman Islands.

Representative Legal Matters

Prior to joining Baker McKenzie, Marc acted for:

  • Attestor Value Master Fund in its successful opposition to the MF Global CVA becoming effective the Administrators of Phones 4 U in their successful summary dismissal of a counterclaim by EE for approximately GBP 220 million.

  • Citibank, N.A. in its capacity as Trustee in an urgent application to the English Court seeking directions as to the construction of various contractual provisions in the face of a jurisdiction challenge by certain bondholders.

  • Société Générale International Limited in its successful defence of a claim for unlawful means conspiracy involving trading in tin forwards contracts on the London Metal Exchange.

  • Rabobank International in connection with proceedings brought by Landbanki in the Commercial Court relating to an ISDA close out determination concerning foreign exchange trades in the context of a significantly depreciated currency.

  • KBC in connection with proceedings brought by Lehman Brothers Finance AG in the Commercial Court relating to a disputed ISDA close out.

  • ISDA as intervener both at first instance and in the Court of Appeal in a test case to determine the meaning and effect of S.2(a)(iii) of the ISDA Master Agreement.

  • Société Générale and certain of its affiliates in proceedings relating to certain structured hedge fund products and, amongst other things termination and redemption rights thereunder. The case was listed in the Lawyer as one of the top cases of 2011.

  • HBOS in its successful defence of the test case brought against it (and several other banks and one building society) by the OFT challenging the lawfulness of overdraft charges, at first instance, in the Court of Appeal and in the House of Lords.

  • The KPMG administrators of TXU in their successful defence of a challenge by dissenting creditors of various interlocking CVAs on grounds of material irregularity and unfair prejudice.

Professional Associations and Memberships

  • Law Society of England & Wales - Member
  • Associate of Business Recovery Professionals - Member

Admissions

  • England & Wales~United Kingdom

Education

  • College of Law (1990)
  • King's College London (LLB English and French Law) (1989)
  • Université Paris I Panthéon Sorbonne (1989)

Languages

  • English
  • French