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Slaughter and May

Living Wage
Work 020 7600 1200
Fax 020 7090 5000
Beijing, Brussels, Hong Kong, London

Efstathios Michael

Work 020 7600 1200
Slaughter and May

Work Department

Dispute resolution.


Partner with extensive experience in commercial litigation, arbitration and dispute resolution; practice involves a broad spectrum of commercial, contractual and regulatory disputes; particular experience of London market and international insurance and reinsurance disputes, risk management, pensions litigation, regulatory investigations and disciplinary actions in the financial services area and mediation; also advised on a number of high-profile corporate restructuring and insolvency matters; acts for a broad range of clients in relation to numerous substantial and complex disputes, frequently with an international element.


Trained Slaughter and May; qualified 1995; partner Slaughter and May 2002.


Bancroft’s School, Woodford Green; Worcester College, Oxford (1992 MA Law).


Football, music, family.

London: Crime, fraud and licensing

Fraud: civil

Within: Fraud: civil

Slaughter and May¬†¬†advises on investigations, litigation, freezing orders, asset tracing, arbitrations and advisory work in relation to civil fraud. The firm continues to advise Mercuria with regards to carousel fraud claims brought against it and its co-defendant RBS in a case valued at ¬£84m. It also acts for Barratt in a bribery case concerning a former employee. Sarah Lee¬†heads the team, supported by the ‚Äėvery smart and very strategic‚Äô Deborah Finkler. Jonathan Cotton¬†and Efstathios Michael¬†are recommended. Nick Gray¬†and Richard Clark¬†retired.

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London: Dispute resolution

Commercial litigation

Within: Commercial litigation

Acting for FTSE 100 clients across all industry sectors, Slaughter and May's 'excellent team' is widely respected for high-stakes commercial and corporate litigation, including the full range of post-acquisition, joint venture, shareholder and partnership disputes that frequently have cross-border elements.  Sarah Lee, who was elected head of the firm's dispute resolution group, acted for Mercuria Energy Europe Trading in claims brought against it, and its co-defendant, RBS, in the Financial List, which arose out of trading in the carbon emissions market in 2009; the claims relate to alleged missing trader intra-Community VAT fraud. In other significant matters, Jonathan Cotton acted for Diageo in proceedings against Vijay Mallya (the owner of both Force India Formula 1 team and Kingfisher Airlines), his son and various associated entities; the claim relates to various alleged breaches by the defendants of numerous commercial agreements. Other highly rated advisers include Richard Swallow, whose practice covers banking and financial services disputes, fraud and asset tracing, energy sector matters and contentious antitrust issues, including follow-on damages actions; and Damian Taylor, who 'provides clear and pragmatic advice on difficult questions'. Also recommended are Deborah Finkler, Efstathios Michael, Ewan Brown, Jonathan Clark, Richard Jeens and James Stacey, while Camilla Sanger is a key associate. Richard Clark retired from the partnership and Nick Gray joined international arbitration think tank, Newton Arbitration. 

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International arbitration

Within: International arbitration

Slaughter and May is 'great for bet-the-company cases; the firm has excellent partners as well as a raft of fantastically smart, hard-working and down-to-earth associates and trainees'. The firm's international arbitration practice in relation to Africa continues to grow; other recent work involved fraud issues, contractual disputes, breach of warranty claims and energy sector disputes. Damian Taylor, who is 'bright and incisive' and the 'very impressive' James Stacey co-head the international arbitration group, and Sarah Lee is dispute resolution group head. Also key to the group is Efstathios Michael, who 'has an extraordinarily detailed understanding of his cases and impeccable judgement and strategic nous as to which points will hit home with tribunals'. Richard Clark retired from the firm, while Nick Gray joined international arbitration think tank, Newton Arbitration.

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London: Insurance

Insurance and reinsurance litigation

Within: Leading individuals

Efstathios Michael - Slaughter and May

Within: Insurance and reinsurance litigation

The ‚Äėstellar‚Äô team at¬†Slaughter and May¬†‚Äėadopts a rigorous but commercially sensible approach to insurance and reinsurance litigation‚Äô. Across disputes in a variety of insurance sectors, including multi-jurisdictional coverage, reinsurance insolvency subrogation issues, product recall, and professional indemnity insurance, the practice maintains ‚Äėa great track record‚Äô.¬†Sarah Lee¬†leads a team that includes the pre-eminent Efstathios Michael,¬†who ‚Äėhas a great intellect, but also very good commercial instincts, and always adopts a practical approach to insurance dispute resolution‚Äô. Highlights included successfully representing Equitas in proceedings in the High Court regarding its pursuit of multiple, substantial and complex reinsurance claims against its reinsurer, R&Q, as well as advising Marsh in respect of a claim in the Commercial Court brought by Meinl Bank.

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London: Transport


Within: Aviation

Slaughter and May is active across disputes, regulatory and real estate instructions in the aviation sector. It is representing British Airways in multi-party litigation relating to the European Commission’s investigation into alleged cartel activity in respect of air freight services involving a number of airlines. It advised Rolls-Royce in relation to a criminal investigation conducted by the SFO into allegations of bribery and corruption at Rolls-Royce and Rolls-Royce Energy Systems. Efstathios Michael handles international litigation and arbitration, while Bertrand Louveaux, who is based across the London and Brussels offices, advises on merger control and competition matters.

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