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Barristers

Isaac Jacob

Overview

Described by "The Lawyer" as one of the stars of the Chancery Commercial Bar, he has great experience in many fields and has appeared in nearly a hundred reported decisions.

Recently he has appeared in:
  • Kotonou & another v National Westminster Bank PLC [2010] EWHC 1659 (Ch), Chancery Division, Mr Justice Morgan, 5 July 2010 and [2010] All ER (D) 42 (Jul)
  • Varsani v Relfo (in liquidation) 2010 EWCA 560, [2010] All ER (D) 272 (May) where the Court of Appeal upheld in part Mr Jules Sher QC's interpretation of "usual or last known residence" for the purposes of the revised CPR Rule 6.9 (noted at CPR 6.9.3.1) and suggested the Rule be considered by the Rules Committee.
  • Kotonou v Secretary of State (Norris J.) [2010] EWHC 19 (Ch), [2010] All ER (D) 148 (Jun) - An appeal against a directors disqualification order. View decision
  • William Old International -v- Arya [2009] 2 P&CR 20 – Derogation from grant; Easements; Electricity supply; Servient tenement; Wayleaves
  • Kay and Brummer (a firm) v Cuby and another - [2008] All ER (D) 329 (Jun)
  • A High Court claim between family members to a substantial property, which explored the subject of a locus poenentitiae where a contract was unenforceable for illegality and the satisfaction of an equity in proprietary estoppel. Q v Q [2008] AER (D) 146; [2008] EWHC 1874 Fam.
  • An action in Jersey (assisting Jersey advocates) on a claim for $97 million presently continuing.
  • An arbitration between some of the former German Partners of a "Magic Circle" firm of London solicitors against the firm; arbitrator, Lord Griffiths.
  • An arbitration, settled by a mediation in Toronto between a consortium of insurers and the insured, a US healthcare provider, in relation to a claim for $200 million.
  • A dispute concerning one of the country’s leading show jumping horse "Locarno"
  • Axa General Insurance Axa General Insurance v Gottlieb [2005] 1 All ER (Comm) 445 CA and HL (leave refused) which decided an unresolved point of law relating to fraudulent insurance claims;
  • Margaretta Ltd, Re, Freeman v Customs and Excise Comrs [2005] STC 610, [2005] All ER (D) 262 (Feb) an important decision on the nature of the Quistclose trust;
  • Inglorest Investments Ltd v Campbell [2004] 2 P & CR D17, [2004] All ER (D) 50 (Apr) which dealt with points of inheritance law and
  • Great Future International Ltd v Sealand Housing Corp [2002] EWHC 2454 (Ch) and also at [2003] 07 LS Gaz R 35, [2002] All ER (D) 391 (Jul) which considered difficult points of law in a year long assessment of damages in a substantial fraud action.
Between 1996 and 2002 he acted on behalf of over two hundred former BCCI employees in their disputes with the liquidators of BCCI and has been responsible for the case management of the actions under the generic title BCCI v Khan & Ali and several of the larger individual cases. Reported decisions in this complex litigation include (No 1) [1999] 2 AER 2005, (No 2) [1999] 4 AER 83 and C.A [2000] 3 AER 51 which went to the House of Lords and is reported as Bank of Credit and Commerce International SA (in liq) v Ali [2002] 1 AC 251, and at [2001] All ER (D) 21 (Nov) Ch D, [2002] All ER (D) 328 (Nov) CA and [2002] EWCA Civ 82, [2002] 3 All ER 750, [2002] ICR 1258,

He has frequently appeared in very substantial litigation in the Caribbean and in Gibraltar, leading local lawyers.

Other important cases in which he has led in the House of Lords include Grovit v Doctor [1997] 1 WLR 640 and Ruxley Electronics & Construction Ltd v Forsyth [1996] AC 344.

He bore the brunt of all the civil litigation in which Asil Nadir, formerly of Polly Peck was involved and has acted in relation to Eagle Trust and Barlow Clowes.

He has special expertise in trusts (see e.g. Neville v Wilson [1997] Ch 144 CA) and in partnership law and considerable expertise in the fields of Property, Insolvency, Intellectual Property and Company Law.

He was counsel in Re Bird Precision Bellows [1984] Ch 419 and [1986] Ch 658 the seminal decision on the rights of minorities in quasi partnership companies and Casson Beckman v Papi [1991] BCC 68 which defined the position of insolvency practitioners in relation to their employers or partners

He has advised on and drafted legislation for the Government of Gibraltar. He is available to take the most complex cases involving considerable documentation and very large sums of money. Recorder of the Crown Court, Assistant Parliamentary Boundary Commissioner, Former Chairman of ILEA Disciplinary Tribunal,

Memberships: Chancery Bar Association, Fellow of the Chartered Institute of Arbitrators

Publications: Legal qualifications: Called to California Bar 1979, Called to Arizona Bar 1991,

Other Notable Reported Cases include:
  • Bank of Credit and Commerce International SA (in liquidation) v Zafar [2001] All ER (D) 21 (Nov) Ch D and [2002] All ER (D) 328 (Nov) CA
  • Quadmost Ltd v Reprotech (Pebsham) Ltd [2001] BPIR 349
  • QBD
  • Country and Metropolitan Homes Surrey Ltd v Topclaim Ltd [1996] 3 WLR 525
  • Broxton v McClelland and Another (No 2) (1996) Times, 27 November
  • Berkeley Administration Inc v McClelland [1996] I L Pr 772
  • Broxton v McClelland [1995] EMLR 485,
  • Re a company (No 009080 of 1992) [1993] BCLC 269
  • Polly Peck International plc v Nadir and others [1992] BCLC 746
  • Re Wisepark Ltd [1994] ChD [1994] BCC 221
  • Barclays de Zoete Wedd Securities Ltd v Asil Nadir, The Times 25 March 1992,
  • Bhimji and others v Chatwani and others (No 2), [1992] 1 WLR 1158,
Isaac Jacob
Practice Areas
  • Trusts
  • Partnership law
  • Land and Property
  • Insolvency
  • Intellectual Property
  • Company Law
Call: 1963
LLB, FCI Arb


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