Philip Blyghton

Philip Blyghton

Senior Associate, Litigation

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Philip is a Senior Associate whose practice focuses on the resolution of high-value, complex corporate and commercial cross-border disputes by way of litigation, arbitration and alternative dispute resolution. His litigation experience includes proceedings in England before the High Court, Court of Appeal and Supreme Court. Philip regularly advises clients in respect of civil fraud claims, freezing orders, contractual and shareholder disputes, regulatory issues and general commercial litigation.

He acts for clients in a wide range of sectors, including natural resources, financial services and investments, retail and sports. He also has extensive experience of group litigation acting against financial institutions, as well as contentious and non-contentious insolvency matters.

Prior to joining Wallace, Philip trained and qualified at a leading international firm.

He is ranked in the 2025 edition of Legal 500 as a Leading Associate for Commercial Litigation where he is described as “technically excellent and extremely able”. Previous editions of Legal 500 have described him as a “brilliant senior associate” who can “almost single-handedly manage large-scale litigation”.

Philip can get on top of the detail in complex cases quickly and likes to give clear and straightforward advice to clients, who describe him as “extremely efficient and industrious”, combining “unfaltering attention to detail” with “astute commercial judgement”.

““Phil is an excellent lawyer and also shows great endurance, commitment and integrity. I would recommend him to anyone involved in a commercial litigation matter.””

— Marcus Struik – Independent Technical Adviser

Work Highlights

Acting for three foreign-domiciled HNWIs in their successful defence of US$2 billion claims in fraud and conspiracy in Commercial Court proceedings brought against them by one of the largest mining businesses in the world - Vale SA v Steinmetz & Ors [2022] EWHC 343 (Comm).
Acting for Dan Fallows, a highly-regarded Formula One aerodynamicist in contentious High Court proceedings relating to his well-publicised move from Red Bull to Aston Martin.
Acting for the Aaqua Group and its well-known CEO in successfully discharging worldwide freezing injunctions with an order for indemnity costs and an inquiry into damages.
Acting for a group of several thousand retail investors in the LF Woodford Equity Income Fund bringing substantial multi-million pound claims against Hargreaves Lansdown and Link Fund Solutions following the Fund's high-profile suspension and winding up.
Acting for a prominent claimant group, including a number of well-known high street retailers, in claims valued in excess of £100 millionagainst MasterCard and Visa in respect of unlawful interchange fees charged on customer transactions.
Acting for two HNWIs in their successful jurisdiction challenge in response to two sets of significant multi-jurisdictional Commercial Court proceedings worth in excess of US$100 million brought against them by companies in an international mining and metals business ultimately owned and controlled by Kazakh oligarchs – Cunico Resources NV v Daskalakis and Mundhra [2019] EWHC 57 (Comm).
Acting for two HNWIs in their successful defence of long-running multimillion-pound High Court proceedings brought against them by a disgruntled investor.
Acting for a well-known HNWI in LCIA arbitration proceedings, defending a multimillion-pound claim brought by a company owned by a well-known Russian businessman.
Acting for a number of property development companies incorporated in England and Wales and their offshore financiers whose assets were the subject of worldwide freezing orders granted on the basis that the companies were Non-Cause of Action Defendants to substantial and long-running Commercial Court proceedings valued in excess of £72 million - Phoenix Group Foundation & Ors v Cochrane & Ors [2018] EWHC 2179 (Comm) (02 July 2018).
Acting for a proprietary trading house, its New York-incorporated parent company and two individuals in response to a worldwide freezing order obtained by a group of European investors as a precursor to multimillion pound claims issued in the Commercial Court.
Representing the Corporate Compliance Monitor of HSBC Holdings plc appointed by the U.S. Department of Justice, the UK Financial Conduct Authority, and the Board of Governors of the Federal Reserve System, in connection with a monitorship resulting from a US$1.9 billion resolution of money laundering and sanction violations.
Acting for a committee of note-holders in structured finance litigation arising from the bankruptcy of Lehman Brothers before the Supreme Court, which remains the leading authority on the meaning of balance sheet insolvency.