Greg Standing
Risk management has been identified as an increasingly important business driver as Gowling WLG becomes a more complex and international business.
An enterprise-wide approach to risk management enables the firm to consider the potential impact of all types of risk: operational, financial, strategic, reputational and legal/regulatory. Our ERM programme lessens the risk and consequences of risks materialising and delivers the benefits of better informed decisions, successful delivery of change and increased operational efficiency.
Greg Standing is formerly one of the leading lawyers in consumer, automotive and asset finance. He was renown for his commercial approach to the interpretation and practical application of the ever changing and often perplexing law and regulation in the financial services sector. This is one of the advantages he brings to the Enterprise Risk Management Team, drawing on his 15 years' plus experience as a problem-solving litigation and regulatory lawyer.
Recognition
Greg was the only lawyer to have been named in Motor Finance's Top 50 most powerful people in Motor Finance since its inception in 2013 to 2017.
He has been commended in the Fraud category of the Financial Times' Most Innovative Lawyers Awards for his work in recovering the entirety of the proceeds of a leasing fraud for a syndicate of seven finance company clients. The money was confiscated by SOCA following a raid on safety deposit boxes at Harrods and was the first case of its kind to go through the courts and widely reported, including in The Times.
Several reported cases including:
Nationwide Building Society v Balmer Radmore [1999] Lloyds Rep PN 240 - this case is a leading authority on professional negligence claims against valuers and solicitors.
Bank of Scotland v Bennett [2004] EWCA Civ 988 - one of the conjoined cases heard as part of RBS v Etridge (No2), acting for the lender, this case established in the Court of Appeal that a judgment creditor's right to extend the time limit for enforcement by obtaining a second judgment based on the unpaid original judgment.
Fairfax Gerrard Holdings Ltd v Capital Bank Plc 2007 EWCA Civ 1226 - again acting for the lender, in this case we established in the Court of Appeal that title in the goods had passed to the lender notwithstanding the existence of a retention of title (Romalpa) clause in the sales documentation.