Overview

Call 2001: BA (Hons), Trinity College, Cambridge

"Provides invaluable support both to his leader and his solicitor." (Chambers & Partners UK Bar 2015)

"He's bright, responsive and commercial." (Chambers & Partners UK Bar 2015)

"He obviously has a very astute legal brain." (Chambers & Partners UK Bar 2015) (Chambers & Partners Global 2015)

"He rolls up his sleeves and gets in to the less glamorous parts of the case. His written work is excellent, he turns things around quickly and he will come up with creative ideas." (Chambers & Partners UK Bar 2015) (Chambers & Partners Global 2015)

‘Brilliant advocate.' (Legal 500 2014)

‘An extremely good barrister.' (Legal 500 2014)

‘A strong advocate, with great intellect.' (Legal 500 2014)

‘Very much on top of his brief; he is bright, strategic and extremely responsive.' (Legal 500 2014)

“praised by instructing solicitors for his client-focused approach to disputes”. "He is thorough, comprehensive and a pleasure to work with." (Chambers & Partners 2014)

“very diligent, and really gets stuck into the detail of cases, especially those that are factually complex. When we used him he was fantastic” (Chambers & Partners 2014)

“a “very impressive” junior at this set. His widespread commercial practice sees him instructed on a range of arbitration, and he is particularly recommended for his focus on emerging markets and jurisdiction-related issues.” (Chambers & Partners UK Bar 2013)

"He is extremely able and responds well under pressure." (Chambers & Partners UK Bar 2014)

"entirely unflappable and highly confident when dealing with even the most challenging of legal work under severe time pressures." (Chambers & Partners UK Bar 2013)

“a "personable and easy to work with" junior commended for his timely advice and excellent responsiveness. Riches has an impressive body of experience in freezing injunction litigation.” (Chambers & Partners Global Edition 2012)

“a top pick for arbitrations focused on issues of jurisdiction.” (Chambers & Partners 2012)

“an exceptionally clever and hard-working young barrister.” (Chambers & Partners 2011)

Summary

Philip Riches has a busy and wide-ranging commercial practice in arbitration and litigation. He has considerable advocacy experience in applications, trials and appeals, including in applications for freezing injunctions, anti-suit injunctions and other interim relief, full trials (in both arbitration and litigation) with expertise in cross-examination and other witness handling, appeals, arbitration appeals and arbitration award enforcement proceedings.

Philip is recognised as a leading junior in Commercial Litigation, International Arbitration, Insurance and Shipping (Chambers & Partners, Chambers & Partners Global and Legal 500) and in Civil Fraud (Legal 500).

Philip also accepts appointments as an arbitrator, with experience as an ICC arbitrator.

Languages: Advanced Spanish and French. Spoken Mandarin.

Main Practice Areas:

  • International commercial litigation and arbitration
  • Shipping and international trade
  • Energy
  • Civil Fraud
  • Jurisdiction and conflicts of law

Awards:

Bar European Group/ICBET Scholarship 2001

Inner Temple Major Scholarships 1999 and 2000

Trinity College Senior Scholar

Rajiv Gandhi Exhibition

Professional Memberships:

Combar

LCIA

Philip Riches - Commercial

Philip Riches has a busy and wide-ranging commercial practice in arbitration and litigation. His work covers all aspects of commercial dispute resolution. Recent years have seen him involved in a number of complex and very high-value disputes both in court and in arbitration. His cases generally concern cross-border commercial relationships, covering the energy, mining, telecoms, trade and pharmaceuticals industries amongst others. Issues raised cover a broad range of contractual, tortious, civil fraud, jurisdiction, conflicts of laws and procedural matters.

Philip has considerable advocacy experience in applications, trials and appeals, including in applications for freezing injunctions, anti-suit injunctions and other urgent interim relief, full trials (in both arbitration and litigation) with expertise in cross-examination and other witness handling, appeals, arbitration appeals and arbitration award enforcement proceedings.

Philip’s arbitration work includes both ad hoc and institutional arbitrations, including LCIA, ICC, HKIAC, SIAC, SCC and LMAA.

Philip also accepts appointments as and has experience as an arbitrator, including as an ICC arbitrator.

Languages: Advanced Spanish and French. Spoken Mandarin.

Recommendations

Philip is recognised as a leading junior in Commercial Litigation, International Arbitration and Shipping (Chambers & Partners, Chambers & Partners Global and Legal 500) and in Civil Fraud (Legal 500).

"Provides invaluable support both to his leader and his solicitor." (Chambers & Partners UK Bar 2015)

"He's bright, responsive and commercial." (Chambers & Partners UK Bar 2015)

"He obviously has a very astute legal brain." (Chambers & Partners UK Bar 2015) (Chambers & Partners Global 2015)

"He rolls up his sleeves and gets in to the less glamorous parts of the case. His written work is excellent, he turns things around quickly and he will come up with creative ideas." (Chambers & Partners UK Bar 2015) (Chambers & Partners Global 2015)

‘Brilliant advocate.' (Legal 500 2014)

‘An extremely good barrister.' (Legal 500 2014)

‘A strong advocate, with great intellect.' (Legal 500 2014)

‘Very much on top of his brief; he is bright, strategic and extremely responsive.' (Legal 500 2014)

“praised by instructing solicitors for his client-focused approach to disputes”. "He is thorough, comprehensive and a pleasure to work with." (Chambers & Partners 2014)

“very diligent, and really gets stuck into the detail of cases, especially those that are factually complex. When we used him he was fantastic” (Chambers & Partners 2014)

“a “very impressive” junior at this set. His widespread commercial practice sees him instructed on a range of arbitration, and he is particularly recommended for his focus on emerging markets and jurisdiction-related issues.” (Chambers & Partners UK Bar 2013)

"He is extremely able and responds well under pressure." (Chambers & Partners UK Bar 2014)

"entirely unflappable and highly confident when dealing with even the most challenging of legal work under severe time pressures." (Chambers & Partners UK Bar 2013)

“a "personable and easy to work with" junior commended for his timely advice and excellent responsiveness. Riches has an impressive body of experience in freezing injunction litigation.” (Chambers & Partners Global Edition 2012)

“a top pick for arbitrations focused on issues of jurisdiction.” (Chambers & Partners 2012)

“an exceptionally clever and hard-working young barrister.” (Chambers & Partners 2011)

Recent Commercial Work:

Diag Human SE v Czech Republic [2014] EWHC 1639 (Comm)

Enforcement of foreign arbitration award in England against sovereign state under New York Convention. Establishes principle that issue estoppel can arise out of foreign enforcement proceedings so as to prevent enforcement in England.

UNCITRAL rules arbitration (2014)

Acting for Belgian trading company in dispute with Colombian coking coal distributor over force majeure allegations arising out of La Niña disruption to Colombian distribution in 2011.

LCIA arbitration (2014)

Acting for former chairman of Russian bank in high-value dispute concerning his exit from bank, raising issues concerning the need for notice of satisfaction of a condition precedent to a contract coming into existence and the meaning of “best endeavours”.

Zim Integrated Shipping Services Ltd v European Container KS [2013] EWHC 3581 (Comm)

Clarification of the court’s jurisdiction under section 44(3) Arbitration Act 1996 to grant interim injunctive relief in support of arbitration and of the extent to which contractual rights come within meaning of “assets” under section 44(3) following Cetelem v Roust.

Diag Human SE v Czech Republic [2013] EWHC 3190 (Comm)

Dispute over entitlement of award debtor to obtain order for security for costs against award creditor in arbitration award enforcement proceedings, whether permitted under New York Convention and who is the “claimant” for the purposes of the CPR security for costs regime.

Ad hoc London arbitration (ongoing)

High net worth family dispute between New York-based family members concerning high value, well-known works of art (in particular by Monet).

Wu v Hillard, Wade And Others [2013] EWHC (Ch) LTL 26/11/2013

Appeal by Chinese directors of English company in liquidation. Dispute over existence, extent and application in practice of court’s inherent jurisdiction to order security for costs.

LCIA Arbitration (2013):

$2 billion LCIA dispute concerning the Russian and Ukrainian mining and metals industry involving questions of fraud, reflective loss and entitlement to injunctive relief.

SCC Arbitration (ongoing):

US$450m joint venture dispute in the SCC arising out of development of Ukrainian gas fields and concerning recent political and economic developments in Ukraine.

ICC arbitration (ongoing):

Dispute arising out of fraudulent management of Caribbean investment trust (Bahamian law) in Italy and Switzerland. 

LCIA Arbitration (2013):

Dispute concerning construction of licence agreement and cutting-edge research agreement between bio-tech research company and global pharmaceutical company, in particular as to the restrictions placed on the former in relation to its genetic engineering of applications.

Chinacast Education Corp v Chan & ors [2013] HKCFI 1855

Dispute concerning one of China’s largest education companies and use of offshore companies to avoid RMB convertibility restrictions. Issues include the extent of the Chabra jurisdiction in injunction proceedings.

LCIA Arbitration (2010):

LCIA dispute arising out of non-performance of an underlying loan contract for a Russian textile company based in Hong Kong and of the loan guarantee. Issues included the validity of a guarantee when the underlying contract has been amended and the power of an arbitrator to order a party to put up security for the claim in LCIA arbitration.

Aynak Copper Project, Afghanistan:

Advising Global Witness pro bono in their consultation with the Afghan Government over the investment by a Chinese state-owned company into the Aynak Copper Project. This is the largest foreign investment in Afghanistan to date and raises issues of contract structure and of sovereign immunity of Chinese state-owned entities.

Awards:                                                                       

Bar European Group/ICBET Scholarship 2001

Inner Temple Major Scholarships 1999 and 2000

Trinity College Senior Scholar

Rajiv Gandhi Exhibition

Professional Memberships:

Combar

LCIA

Philip Riches - Shipping & International Trade

Philip Riches’ busy and wide-ranging commercial practice includes a considerable amount of shipping, commodities, energy and insurance work, both in arbitration and litigation. His work covers all aspects of dry shipping disputes, including cargo, charterparty, ship finance, and sale and purchase matters. He also has considerable experience of shipbuilding disputes having been involved in a large number of shipbuilding arbitrations arising out of overcapacity of Chinese yards following the financial crisis.

Philip has considerable advocacy experience in applications, trials and appeals, including in applications for freezing injunctions, anti-suit injunctions and other urgent interim relief, full trials (in both arbitration and litigation) with expertise in cross-examination and other witness handling, appeals, arbitration appeals and arbitration award enforcement proceedings.

Philip’s arbitration work includes both ad hoc and institutional arbitrations, including LCIA, ICC, HKIAC, SIAC, SCC and LMAA.

Philip also accepts appointments as and has experience as an arbitrator, including as an ICC arbitrator.

Languages: Advanced Spanish and French. Spoken Mandarin.

Recommendations 

Philip is recognised as a leading junior in Commercial Litigation, International Arbitration, Insurance and Shipping (Chambers & Partners, Chambers & Partners Global and Legal 500) and in Civil Fraud (Legal 500).

"Provides invaluable support both to his leader and his solicitor." (Chambers & Partners UK Bar 2015)

"He's bright, responsive and commercial." (Chambers & Partners UK Bar 2015)

"He obviously has a very astute legal brain." (Chambers & Partners UK Bar 2015) (Chambers & Partners Global 2015)

"He rolls up his sleeves and gets in to the less glamorous parts of the case. His written work is excellent, he turns things around quickly and he will come up with creative ideas." (Chambers & Partners UK Bar 2015) (Chambers & Partners Global 2015)

‘Brilliant advocate.' (Legal 500 2014)

‘An extremely good barrister.' (Legal 500 2014)

‘A strong advocate, with great intellect.' (Legal 500 2014)

‘Very much on top of his brief; he is bright, strategic and extremely responsive.' (Legal 500 2014)

“praised by instructing solicitors for his client-focused approach to disputes”. "He is thorough, comprehensive and a pleasure to work with." (Chambers & Partners 2014)

“very diligent, and really gets stuck into the detail of cases, especially those that are factually complex. When we used him he was fantastic” (Chambers & Partners 2014)

“a “very impressive” junior at this set. His widespread commercial practice sees him instructed on a range of arbitration, and he is particularly recommended for his focus on emerging markets and jurisdiction-related issues.” (Chambers & Partners UK Bar 2013)

"He is extremely able and responds well under pressure." (Chambers & Partners UK Bar 2014)

"entirely unflappable and highly confident when dealing with even the most challenging of legal work under severe time pressures." (Chambers & Partners UK Bar 2013)

“a "personable and easy to work with" junior commended for his timely advice and excellent responsiveness. Riches has an impressive body of experience in freezing injunction litigation.” (Chambers & Partners Global Edition 2012)

“a top pick for arbitrations focused on issues of jurisdiction.” (Chambers & Partners 2012)

“an exceptionally clever and hard-working young barrister.” (Chambers & Partners 2011)

Recent Shipping Work:

Zim Integrated Shipping Services Ltd v European Container KS [2013] EWHC 3581 (Comm) (Males J)

Ship finance dispute concerning ship sale and leaseback contracts for four vessels. Application for urgent relief ahead of final arbitral hearing. Court gave clarification of its jurisdiction under section 44(3) Arbitration Act 1996 to grant interim injunctive relief in support of arbitration and of the extent to which contractual rights come within meaning of “assets” under section 44(3) following Cetelem v Roust.

UNCITRAL rules arbitration (2014)

Acting for Belgian trading company in dispute with Colombian coking coal distributor over force majeure allegations arising out of La Niña disruption to Colombian coking coal sale contract in 2011. Case also raised quality issues regarding coal on delivery and turned on oral evidence as to misrepresentations made in negotiations.

Latvian Shipping Co v Russian People’s Insurance Co OJSC (“The Ojars Vacietis”) [2012] EWHC 1412 (Comm) (Field J)

Section 68 and section 69 appeals arising out of LMAA award, raising issues as to the court’s approach to section 68 challenges and as to the jurisdiction of the court to address challenges to its own decision granting permission to appeal on a point of law.

LMAA arbitration (2012)

Dispute over commission in a US$63 million shipbuilding contract involving the London/Hong Kong shipbroker, Korean buyers and a Shanghai shipyard.

SCC Arbitration (2010-2014)

US$450m joint venture dispute in the SCC arising out of development of Ukrainian gas fields.

LMAA arbitration (2011)

Insurance claim in respect of grounding of bulk carrier off Eastern USA raising issues as to scope of marine insurance policies and expert evidence as to damage caused by grounding.

HKIAC arbitration (2011)

Dispute concerning alleged frustration in relation to Government Port Authority restrictions at Indian port and raising issues as to the calculation of damages and as to the nature of a State authority’s pronouncements on port entry restrictions.

LMAA arbitration (2011)

Dispute concerning fire in hold of vessel off Shanghai, raising procedural issues over meaning of the LMAA procedural provisions for interim awards as well as substantive issues regarding apportionment of responsibility between Owners and Charterers as regards deck welding and fire on board.

A v B (2010)

Commercial Court dispute arising out of breached ship financing contract and subsequent litigation pursuing the debt in the Singapore High Court and in Luxembourg. Judgment successfully obtained following Unless Orders in relation to provision of information regarding Luxembourg banking arrangements.

LMAA arbitration (2011)

Acting for a state-owned Chinese chemical company in a LMAA dispute with an Indian commodities supplier.

LMAA arbitrations (2008-2011)

Acting for Chinese shipyard in 4 major LMAA arbitration disputes with German buyers of vessels regarding delayed delivery following Typhoon Morakot in 2009.

T v T (2009)

Dispute concerning US$20 million pay out under investment agreement relating to Turkish oil field project, brought against the company leading the development of shale gas extraction under Paris.

O v T (2009)

Commercial Court dispute arising out of arbitration concerning the extent of the Court’s powers under s.44(3) of the Arbitration Act 1996 to grant urgent interim relief in support of arbitral proceedings relating to a failure to discharge cargo in Saudi Arabia.

LCIA Arbitration (2008)

LCIA dispute concerning the bulk cargo rice trade between China and West Africa and a related appeal to the Singapore Court of Appeal (with Steven Gee QC).

Parrott v Parkin [2007] EWHC 210 (Admlty)

Admiralty dispute concerning ownership of yacht.

Re Namco [2003] EWHC 989 (Ch)

Insolvency dispute concerning diamond mining vessel off South Africa

Alphapoint v Rotem Amfert Negev Ltd (“Agios Dimitrios”) [2005] 1 Lloyd’s Rep 23

Commercial Court application under ss.68 and 69 of the Arbitration Act.

Triton Navigation Ltd v Vitol SA (“The Nikmary”) [2004] 1 Lloyd’s Rep 55 (CA)

Triton Navigation Ltd v Vitol SA (“The Nikmary”) [2003] 1 Lloyd’s Rep. 151

Dispute concerning the obligation of a charterer to deliver cargo (with Vasanti Selvaratnam QC).

Awards:                                                                       

Bar European Group/ICBET Scholarship 2001

Inner Temple Major Scholarships 1999 and 2000

Trinity College Senior Scholar

Rajiv Gandhi Exhibition

Professional Memberships:

Combar

LCIA

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Contact Details

Stone Chambers London
4 Field Court, Gray's Inn, London WC1R 5EF
LDE 483
T: +44(0)20 7440 6900
F: +44(0)20 7242 0197
E: clerks@stonechambers.com

Contact Details

Stone Chambers Singapore
10 Collyer Quay, Ocean Financial Centre Level 40, Singapore 049315
T: +65 6808 6161
F: +65 6808 6299
E: singapore@stonechambers.com