Home|Global Directory|Christian F. McDermott
Next Generation Partner – IT and TelecomsThe Legal 500 UK 2021
Christian F. McDermott
Echristian.mcdermott@lw.com
T+44.20.7710.1198
London EC2M 3XF
Christian McDermott, an experienced technology lawyer, advises clients on large-scale technology contracts, commercial collaborations, as well as fintech and payments transactions.
Mr. McDermott advises global and UK-based clients — including major financial institutions as well as publicly listed, private, and emerging companies — on the development, use, and commercialization of technology, in particular:
Large-scale technology and outsourcing projects
Complex commercial collaborations
Fintech contracts
Established and emerging payments technologies
Licensing and distribution arrangements
Diligence on technology and fintech M&A and IPOs
Transitional services arrangements
General commercial law and intellectual property matters
Mr. McDermott draws on more than a decade of experience with technology and fintech matters. He has a keen sense of what is at market, utilizes effective collaboration strategies, and has developed a reputation as a skilled negotiator who knows how to get deals done.
Mr. McDermott's representative transactions include advising:
Outsourcing and Technology
A global retail and investment bank on the multi-billion Euro global outsourcing of its investment banking IT infrastructure
A leading UK insurer on both: the outsourcing of policy administration activities; and the outsourcing of certain IT and business processes
A global UK-headquartered retail and investment bank on the top-down renegotiation of its relationship with its biggest IT supplier, comprising individual hardware, software, and services streams
A European financial services provider on the formation of a joint venture with a leading US telecoms company, including the drafting and negotiation of various associated business and outsourcing arrangements, as well as the launch of a co-branded credit card
A global media company, negotiating framework services agreements with the client's three main offshore service providers
Thomas Cook Group plc on the payments-related aspects of its attempted rescue, in particular the renegotiation of arrangements with its three largest payment service providers
Interswitch on its strategic partnership with Visa, which made Interswitch one of the most valuable African FinTech businesses with a valuation of US$1 billion
A nation state on the development of a new domestic and international payments system, including the drafting the various underlying commercial contracts
CVC and Blackstone in connection with the £2.96 billion acquisition by a consortium comprised of Blackstone and CVC Capital, of Paysafe Group, a UK-based online payment solutions company
The underwriting banks on the US$2.4 billion IPO of Nets — Scandinavia's largest payments processor
Latham & Watkins Advises Square in Acquisition of Verse
Latham & Watkins Advises Interswitch on Strategic Partnership with Visa
Firm Launches Global Fintech and Payments Blog
Pay.UK Releases Paper on Protections in Consumer-to-Business Payments
Privacy and Payments: New Draft EU Advice for Financial Institutions
FSB Launches Consultation on Global Stablecoins
WORD OF THE DAY® – Mining
Latham Talks Tech – COVID-19 and Technology Contracting: What is the "New Normal"?
Regulatory Web of Commodity, Securities and Privacy Laws Related to Stablecoins
England and Wales (Solicitor)
Scotland (Solicitor)
QLTT, College of Law, London, 2010
Master of Laws, Cambridge University, 2007
Diploma in Legal Practice, University of Edinburgh, 2006
Bachelor of Laws, University of Edinburgh, 2005
First Class Honours