Mark Sachs > Penningtons Manches Cooper LLP > London, England > Lawyer Profile

Penningtons Manches Cooper LLP
125 WOOD STREET
LONDON
EC2V 7AW
England

Work Department

Shipping, Commercial dispute resolution, International trade

Position

Mark has a broad practice in shipping, commodity and commercial litigation. He has conducted arbitrations in London, Singapore, China, Hong Kong and Stockholm either as counsel or lead partner. He also has considerable wet shipping experience having handled all types of casualties. He has litigated shipbuilding, construction and mining disputes.

A fluent Mandarin Chinese speaker, Mark studied in China and is adept at working with Chinese evidence, both oral and written. He was one of the first foreign maritime lawyers to work in China in the late 1980s. 

In London arbitration he was the lead partner in a significant arbitration arising out of a cancellation dispute involving the vessel Atalanta. This has generated consequential High Court litigation in Westwood Shipping Lines and Weyerhaeuser NR Company v Universal Schifffahrtsgesellschaft mbH [2012].

Career

Mark has acted for Japan-based marine insurers for over 25 years and in 2018-2019 has been instructed in several high-profile marine casualties in South Africa (collision and total loss) and at Suez (multi-vessel collisions).

Mark opened the firm’s Singapore office in 1996.

Languages

Mandarin Chinese

Education

His first degree was in Chinese Literature (First Class) from the University of British Columbia followed by an LLB. He is qualified as a barrister and solicitor in British Columbia and was admitted as an English solicitor in 1998.

Lawyer Rankings

London > Transport > Shipping

Praised for its ‘dedication to its clients and a pragmatic commercial attitude’, Penningtons Manches Cooper LLP sports a robust shipping practice that is regularly involved in a wide spectrum of disputes. Darryl Kennard receives frequent instructions from shipowners, underwriters and salvage companies, handling both wet and dry matters; he jointly leads the team with Alex McIntosh, whose areas of focus include charterparties, bills of lading, and casualties. Mark Sachs retains strong ties with clients in the Japanese insurance sector.

London > Finance > Trade finance

Penningtons Manches Cooper LLP has a ‘knowledgeable and approachable practice that is always frank and concise with honest and straightforward comments‘. The practice, which counts among its clients Bank of China, Ghana International Bank, and National Bank of Greece, is frequently involved in financing transactions in Africa and Brazil, and it is called upon to advise on the implications of Russian sanctions. Head of financial services Grant Eldred, who is ‘always very hands on and directly to the point, ‘ has particular expertise in advising the London branches of overseas banks on a broad range of their operational, regulatory and transactional requirements. Trade finance litigation specialist Mark Sachs plays a key role in the practice, and banking and finance associate Ellis van der Vos is recommended for bilateral and syndicated lending, and international trade finance.

London > Dispute resolution > Commodities disputes

(Leading individuals)

Mark SachsPenningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is known for ‘speed, availability, wide legal knowledge, and pragmatism‘. The firm’s international trade and commodities group is known for its presence in commodities, shipping and trade finance matters, with its work spanning soft commodities, metals, mining, and oil and gas. ‘Availability and approachability are key selling points of the firm and he is a standout example‘, say clients of George Mingay, who leads the practice with vastly experienced shipping and commodities partner Mark Sachs. The have recently acted for numerous of soft commodity clients on GAFTA and FOSFA arbitration proceedings in arbitration and in respect of related litigation and potential challenges under the Arbitration Act 1996.