Addleshaws continues to build litigation with Lloyds hire

Addleshaw Goddard has continued it litigation hiring spree with the appointment of Chris Brennan, until now head of regulatory in Lloyds Banking Group’s legal team.

It comes on the back of the hires of Clarissa Coleman, who joined from Consensus Business Group, which advises property entrepreneur Vincent Tchenguiz and the Tchenguiz Family Trust (25 November 2011), and fraud specialist and reinsurance lawyer Mark Pring, who joined the firm from Chadbourne & Parke (12 January 2012).

Brennan joins the firm after just five months with Lloyds Bank Group, prior to which he headed legacy Clyde & Co firm Barlow Lyde & Gilbert’s (BLG) financial services regulatory team. Before joining BLG he spent several years with the FSA as it developed the financial regulatory regime.

Head of  litigation Richard Leedham said the hire would boost the firm’s regulatory capability.

“The FSA’s focus on ’intrusive supervision’ over recent years has made FSA-regulated businesses acutely aware of the risk of breaching its  rules,” he said.

“When faced with this challenge, they place high value on the kind of specialist advice individuals like Chris, with experience of the FSA enforcement division, can bring.”