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Founded in 2012, Signature Litigation has grown into one of London’s pre-eminent specialist dispute resolution practices. From the outset, we set out to do things differently: a conflict-free, disputes-only platform designed to give clients the undivided focus and strategic agility that complex, high-stakes matters demand.
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Established in 2017, Signature Litigation's Gibraltar office was founded to address growing demand for specialist expertise in commercial litigation and private wealth disputes on the Rock.
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Signature Litigation AARPI houses one of France’s most enviable product liability practices, with the team also handling commercial and corporate litigation, insurance and reinsurance, toxic tort and ESG, civil fraud and asset tracing, international arbitration, administrative and public law.
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Frankfurt has emerged as one of Europe's foremost financial and commercial centres and, increasingly, as a bridge between European and Asian markets. With that growth comes an increasing demand for sophisticated dispute resolution. Signature Litigation established its Frankfurt office to meet this need, bringing our conflict-free, disputes-only platform to the German market.
FIND OUT MOREPartner Hermès Marangos comments in Insurance Post's article on the British Airways data breach as the first major case since the General Data Protection Regulation became law. Hermès' comments were published in Insurance Post, 8 January 2019. The full article can be found here.
In September 2018, BA issued a statement confirming that 380,000 payment card details had been compromised between 21 August and 5 September.
The market response to the announcement was swift and punishing – the share price of BA’s parent company, IAG, slumped 4% the following day. To add to the company’s woes, on the 10 September, the UK arm of an American legal firm, Sanders Phillips Grossman, announced it was bringing a GBP 500m group action against BA for the company’s failure to “offer financial compensation to individuals affected by the data breach for the inconvenience, distress and misuse of their private information”.
“One of the biggest issues is that the criminals and individuals involved in this kind of hacking are basically relying on companies not taking proper steps in running their businesses,” says Hermes Marangos, a partner at Signature Litigation.
He argues that from an insurance perspective, not protecting the digital assets of your business is equivalent to the impact that leaving windows and doors open would have on a home contents policy.
“As an insurer you wouldn’t want to let people be cavalier with the security of their business,” he says. But he questions, in a world that is seemingly hooked on the outsourcing of IT: “Who is liable if the software has not been updated properly? It could be the supplier [rather than the main company].”
