Yasseen is a partner in the London office who focuses on complex, high value commercial disputes in the banking, finance, financial services, restructuring and insolvency, white collar, civil fraud and sanctions spaces. His experience spans an array of sectors, including fund management, property, telecoms, aviation, oil and gas, insurance, construction, utilities and metals. For the last five years, Yasseen has been named as a “Next Generation Partner” in The Legal 500, and is praised by his clients as “a truly outstanding lawyer” with a “natural, fierce intellect” whose work is “always first class”.
Yasseen’s practice routinely involves representing clients in bet the company cases with hundreds of millions, or billions, of dollars at stake. He has deep expertise in disputes relating to derivatives and structured financial products, benchmark manipulation, margin calls, valuation issues, private equity, M&A, and joint ventures. His practice is heavily international, with a focus in recent years on advising UK and US clients on complex transatlantic disputes; European (and especially Italian) clients involved in disputes in the UK; complex cross-border restructuring, insolvency and enforcement mandates; and, drawing on his Iraqi heritage, Middle Eastern clients in cases before the English courts and international arbitration tribunals.
Recent significant matters have included:
- Acting for an ad-hoc group of bondholders challenging Thames Water’s £3 billion interim restructuring plan.
- Acting for a family office in an ongoing, $100 million claim against Credit Suisse arising out of an allegedly wrongful margin call, and the related disposal of collateral at an undervalue.
- Acting for Aircastle in ongoing proceedings before the UK Supreme Court as to the scope and effect of Regulation 28 of the Russia (Sanctions) (EU Exit) Regulations and section 44 of the Sanctions and Money Laundering Act 2018 (reported at first instance and on appeal at [2023] EWHC 663 (Comm), [2023] EWHC 1071 (Comm), and [2025] 1 WLR 196).
- Acting for the Federal Deposit Insurance Corporation in ongoing proceedings against Barclays, Lloyds, Rabobank, UBS, RBS and the British Bankers Association arising out of the alleged collusive and fraudulent suppression of USD LIBOR during the 2007-2009 financial crisis.
- Acting for the selling shareholders of an emerging markets telecommunications business in a $500 million SIAC arbitration, following the purchaser’s failure to close the transaction.
- Together with colleagues in our Los Angeles office, acting for the Joint Administrators of an insolvent UK company in bringing complex fraud claims against a high net worth defendant before the California Superior Court.
- The Federal Deposit Insurance Corporation
- Polus Capital Management
- Alvarez & Marsal
- Titan Wealth Group
- Cimolai S.p.A.
- M1 Group
- Aircastle
- Kartesia
- Acting for The Federal Deposit Insurance Corporation in ongoing English High Court proceedings to recover losses suffered by 19 failed US banks as a result of the alleged suppression of USD LIBOR during the 2007-2009 financial crisis.
- Acting for Aircastle in an ongoing claim to enforce a letter of credit issued by a European bank following the Russian invasion of Ukraine in 2022 (now pending before the UK Supreme Court).
- Acting for a family office in an ongoing, $100 million claim against Credit Suisse arising out of an allegedly wrongful margin call, and the related disposal of collateral at an undervalue.
- Acting for an ad-hoc group of bondholders in challenging Thames Water’s recent £3 billion interim restructuring plan.
- Acting for Cimolai S.p.A. in obtaining recognition in the UK under the Cross Border Insolvency Regulations 2006 of its concordato preventivo proceedings (the first time an Italian insolvency proceeding has been granted such recognition), and defending numerous claims commenced against Cimolai in England pending their compromise under a UK restructuring plan.
- Acting for PCP Capital Partners in claims arising from fraudulent misrepresentations made by Barclays Bank PLC during Barclays’ £7.0 billion capital raising from Middle Eastern investors in October and November 2008.
- Advising on multiple litigation and arbitration proceedings in England, France, Ghana, Sudan and other African and Middle East jurisdictions arising from a $5.5 billion emerging markets M&A transaction.
- Bankruptcy & Restructuring
- Investment Fund Litigation
- Lender Liability & Other Banking Financial Institution Litigation
- Litigation Representing Plaintiffs
- Mergers & Acquisitions Litigation
- Securities Litigation
- Structured Finance & Derivatives Litigation
- Transnational Litigation
- Russia Disputes Practice
- Accounting & Financial Reporting Litigation
- Commodities and Derivatives
- Gonville and Caius College, University of Cambridge
(M.A., Honours, Law, 2005) - New York University School of Law
(LL.M., 2006)
- Solicitor, England and Wales
- Solicitor Advocate, England and Wales
- French
- German
- Arabic
- Dewey & LeBoeuf
- Weil, Gotshal & Manges
- Named as a "Next Generation Partner" by Legal 500 UK for Banking litigation: Investment and Retail (2025)
- "Yasseen Gailani plays a leading role in litigation, from financial products disputes and sanctions cases to investor-state disputes."
- Named as a "Recommended Lawyer" by Legal 500 UK for Banking litigation: Investment and Retail (2025)
- Named as a "Recommended Lawyer" by Legal 500 UK for Corporate Restructuring & Insolvency (2025)
- Ranked by Lawdragon 500 Global Plaintiff Lawyers for Financial Litigation, Inc. Plaintiff (2024 and 2025)
- Ranked as “Future Leaders” by Who's Who Legal for Commercial Litigation (2024)
- Ranked as a “Next Generation Partner” by Legal 500 UK for Banking Litigation: Investment & Retail (2024)
- Ranked as “Recommended Individual” by Legal 500 UK for Corporate Restructuring & Insolvency (2024)
- Listed by Legal 500 UK as a “Next Generation Partner” for Commercial Litigation (2021-2024)
- Ranked by Lawdragon 500 Leading Global Litigators Guide for International Litigation, Arbitration, Investigations (2023-2024)
- Named a “Rising Star” in Commercial Litigation by Legal 500 UK (2020)
- Not so secret commissions? Landmark ruling on motor finance commissions may affect consumer finance, QE Client Alert, 29 January 2025.
- Changing tack: beyond damages in M&A disputes, New Law Journal, 22 November 2024.
- Debenture declared void as against administrators (Binyon and another v Suzerain Investment Holdings Ltd and others [2024] EWHC 749 (Ch)), Lexis PSL, 3 May 2024.
- The Quincecare phoenix: pleading and proving misappropriation by rogue agents post-Philipp, QE Client Alert, 20 November 2023.
- The Brave New World of Artificial Intelligence: Legal and Regulatory Challenges, QE Client Alert, 26 October 2003.
- High Court refuses to sanction restructuring plan seeking to compromise HMRC debt (In re Nasmyth Group Ltd [2023] EWHC 696 (Ch)), Lexis PSL, 21 June 2023.
- Characterising claims by foreign tax authorities (Skatteforvaltningen v Solo Capital Partners LLP [2022] EWCA Civ 234), LexisPSL, 3 March 2022.
- Margin Call Disputes - Key Issues for Investors Under English Law, QE Client Alert, 14 December 2020.
- Skandinaviska Enskilda Banken AB v Conway & Anor (as Joint Official Liquidators of Weavering Macro Fixed Income Fund Ltd) (2020) 1 JIBFL 62 at 65.