Kari McCormick

Partner

Qualifications: LLB (Hons)/BCom 1993: Barrister and Solicitor in New Zealand 2001: Solicitor in England and Wales with Higher Rights of Audience

Tel: +44 (0) 117 902 6620

kari.mccormick@burges-salmon.com

Kari joined Burges Salmon from Clifford Chance, where she was a partner in the Litigation group. Prior to this she worked at McElroys in New Zealand acting solely for insurers on coverage and subrogated actions across all policy types.

Kari has a wealth of experience in dispute resolution (mediation, arbitration and litigation) and manages complex multi-party disputes for insurance companies, banks and corporates in many different jurisdictions. Kari also assists insurance and banking clients with domestic and multi-jurisdictional regulatory investigations.

Kari specialises in the following areas:

• insurance and reinsurance
• professional negligence (including accountants, solicitors, barristers, IFA’s and real estate agents)
• banking and commercial litigation

Kari also regularly provides advice on insurance issues that arise in corporate and banking transactions and on directors and officers liability insurance.

Examples of work include:

• advising an insurer on its dispute with a distributor of its payment protection policies and the associated regulatory issues
• advising the Scheme Administrators of an insolvent insurance company on issues relating to its exposure to asbestos related claims under employer and public liability policies written by it, including dealing with the FSCS
• advising on insurance issues related to Split Capital Investment Trust disputes
• acting for a major European bank in relation to its insurance claim regarding the conversion of goods by a bailee
• representing the Taiwanese subsidiary of a major US insurance company in a reinsurance arbitration concerning group accident and sickness insurance
• advising on reinsurance disputes arising out of the collapse of the World Trade Centre, Enron and Worldcom
• representing Deloitte & Touche (Singapore) in a complex audit negligence claim brought by the liquidators of Barings Bank in relation to rogue trader Nick Leeson (reported Barings Futures v Coopers & Lybrand [2003] Lloyd’s Rep IR 566)
• representing Freightliner Limited in proceedings brought against it by the purchaser of its subsidiary ERF Limited and the associated audit negligence claim (reported MAN v Freightliner [2005] EWHC 2347 / [2008] 2BCLC 22)
• advising a major European bank on its prospects of successfully recovering as lender and on behalf of investors against the advisors of funds that invested with Madoff entities
• acting for a major bank in pursuing contribution claims against independent financial advisors in relation to a tax scheme challenged by the tax authorities
• advising a major bank on the responsibilities of service providers involved in a complex commercial mortgage backed securitisation
• advising a major bank in a multi-jurisdictional investigation of its compliance with US and European regulatory requirements