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Chambers of Michael Todd QC

Work 020 7242 5532
Fax 020 7831 0125

Stephen Smith QC

Work 020 7242 5532
Erskine Chambers (Chambers of Michael Todd QC)


Stephen specialises in complex commercial litigation, often with chancery (including company and insolvency) or jurisdictional element and/or involving restraints on disposals of assets, tracing and receiverships, professional negligence, civil fraud, insolvency and property disputes and arbitrations. Acted for BTA Bank (Kazakhstan) to recover billions of dollars of stolen funds - UK proceedings generated over 70 reported decisions, including 15 in the Court of Appeal and two in the Supreme Court; several committals resulting in prison sentences; and judgments being entered for over $1bn. Other cases of note include: Mezhprombank v Pugachev; Thevarajah v Riordan; Trustor v Smallbone; Derby v Weldon; Morris v Mahfouz (BCCI); FTIT Ltd v Morgan Stanley (Maxwell); AK Investments;  and Algosaibi v. SICL. Appeared over 20 times in the Supreme Court and Privy Council, and countless times (at first instance and on appeal) in the BVI, the Bahamas, the Isle of Man and Cayman.


Called to the Bar 1983; Eastern Caribbean Bar 1994;  QC 2000; Bar of the Bahamas (ad hoc) 2004 and 2016, 2018 & 2019; licensed in IoM (ad hoc) 2007; Cayman Islands (ad hoc) 2010, 2018 & 2019; Recorder 2004; Deputy High Court Judge, Chancery Division 2006.


Middle Temple, Chancery Bar Association.


University College, Oxford (BA Jurisprudence (1st)), Wronker Prizewinner.

London Bar

Commercial litigation

Within: Commercial litigation – Leading silks

Stephen Smith QC - Erskine ChambersA powerful and pugnacious barrister.

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Company and partnership

Within: Company – Leading silks

Stephen Smith QC - Erskine ChambersSpecialises in breaches of directors’ duties.

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Fraud: civil

Within: Fraud: civil – Leading silks

Stephen Smith QC - Erskine ChambersA leader in his field, he’s rewritten the law on freezing injunctions.

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Within: Insolvency – Leading silks

Stephen Smith QC - Erskine ChambersHe is a wonder.

Within: Insolvency

One of the premier sets in insolvency and corporate’, Erskine Chambers offers ‘a good balance of advice and litigation’. Members are noted for their ‘technical expertise’, while the clerks are singled out for being ‘prompt, helpful and responsive’. Peter Arden QC continues to advise on aspects of the fallout from the Lehman Brothers collapse, while Stephen Smith QC led a team acting for the claimant liquidator in JSC Mezhprombank v Pugachev, resulting in successful civil and criminal claims.

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