Payam is a partner in the Middle East, specialised in complex disputes, with a focus on the financial services sector, contentious regulatory matters and investigations. He represents clients before the Courts of England and Wales, the DIFC Courts, the ADGM Courts, regulatory bodies as well as in arbitrations. In addition, Payam sits as an arbitrator and advises clients on anti-bribery and corruption matters, cyber-crime, data protection and privacy laws.
- Recent Work
- acting for the liquidators in a complex Dubai International Financial Centre (DIFC) liquidation including advising on a range of related cross-border disputes, multi-jurisdictional regulatory issues and related investigations
- acting for a private wealth financial institution in a major DIFC Court misselling claim
- acting for UAE bank in an urgent interim injunction application
- acting for a global financial institution in a seminal DIFC Court case involving complex issues of jurisdiction
- acting for an individual market participant in relation to a regulatory investigation into alleged market manipulation and insider dealing
- acting for a global financial institution in relation to a wide-scale investigation into the activities of its wealth management department
- acting for a global financial institution in relation to a regulatory investigation arising out of a series of 'rogue trader' incidents and advising on subsequent remedial action
- conducting an investigation for the Dubai branch of a global financial institution in relation to allegations of harassment between employees.
Payam joined Simmons & Simmons as a partner in January 2017 from the disputes and contentious regulatory department of a leading international law firm, where he worked in their London, Paris and Sao Paulo offices. Payam has also spent time as secondee to the disputes departments of Citi and Goldman Sachs in London.
Payam was listed In Chambers & Partners 2016 as "one to watch ": "Regarding Payam Beheshti, one client enthused: 'He's been excellent. We're very comfortable dealing with him as the lead lawyer on our matters."