Tim McMahon

My Approach

I am a Senior Associate Solicitor in the Banking & Finance Litigation team, though my caseload encompasses a wide range of legal sectors. Since joining Ellis Jones in June 2021 in the expanding London office, my goal is to provide pragmatic advice, tailored to the individual circumstances of each client. Litigation can often be complex, so I aim to provide clear advice which allows the firm’s clients to make informed decisions, ultimately leading to a positive outcome.

Area of Expertise

Banking and Financial Litigation

• Financial disputes – including negligent advice by banks and financial advisors;
• Consumer banking disputes including authorised push payment (APP) scams, credit disputes and Financial mis-selling;
• Unregulated lending disputes;
• Financial fraud matters and disputes, including representing clients involved in formal redress reviews
• Financial Ombudsman Service (FOS) and Financial Service Compensation Scheme (FSCS) complaints;
• Correspondence with the Financial Conduct Authority (FCA);
• Financial regulatory advice, including but not limited to application of exemptions under FSMA (Financial Promotions) Order 2005; and
• Personal and Commercial Banking issues.

Commercial Disputes

• Contractual disputes and advice;
• Shareholder/joint venture/director disputes; and
• Professional negligence.

Insolvency and Asset Recovery

• Winding Up Petitions and Bankruptcy Petitions;
• Wrongful Trading and Misfeasance Claims or advice;
• Unfair Prejudice and Derivative Claims or advice; and
• Asset recovery for appointed insolvency practitioners.

Cryptocurrency

• Cryptocurrency fraud claims and asset recovery;
• Freezing Injunctions in relation to crypto-assets; and
• Disputes with cryptocurrency exchanges in relation to withheld funds and KYC verification.

Gambling and Betting Disputes

• Breaches of self-exclusion policy;
• Contractual disputes including unpaid winnings;
• Breaches of Gambling Commission's License Conditions and Codes of Practice in relation to social responsibility.

Recent Work

• Significant involvement in representing numerous clients in the HBOS Reading Fraud Re-Review, conducted by Sir David Foskett. Participants in the Re-Review deemed to be victims of the fraud are entitled to a fixed sum award of £3,000,000, net of tax.
• Obtaining a freezing injunction and Norwich Pharmacal Order in respect of stolen cryptocurrency held in two exchanges.
• Successfully mediating in respect of a fraudulent misappropriation by a director of company funds.
• Obtaining injunctive relief for a limited company providing elderly care services to prevent a winding-up petition further to a statutory demand, including a significant costs recovery.
• Securing a 100% recovery of a client’s unpaid winnings from a national betting operator.
• Advising directors on the process of negotiating an exit from corporate ventures in several complex and contentious circumstances.

Professional Associations & Qualifications

• R3 Association of Business Recovery Professionals.
• Qualified as a solicitor in January 2021.
• LPC, BPP University.
• LLB (Hons) Law Degree from the University of Southampton.