Shaistah Akhtar > Mishcon de Reya LLP > London, England > Lawyer Profile
Mishcon de Reya LLP Offices
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Dispute Resolution: Fraud
Shaistah is a Partner in the Dispute Resolution group specialising in complex commercial litigation, fraud, investigations and regulatory compliance. She is an expert on sanctions law and leads the team in this area.
Her experience spans a number of industry sectors ranging from financial services (global investment banks, investment funds, asset management firms and private equity houses) to pharmaceutical companies, real estate developers, software firms and the defence industry. She also acts for high net worth individuals.
She has particular experience in advising on contentious investor related claims and investigations, including shareholder and partnership disputes, fraud, negligence and misrepresentation claims, as well as matters involving contractual interpretation, warranties and termination. Shaistah has also acted in disputes and on enforcement actions both for and against governments involving state immunity issues.
Shaistah has a long track record of acting for life sciences companies in both general commercial litigation and specialist areas such as follow on damages claims, product liability, procurement disputes and arbitration under the PPRS scheme. She has also advised on industry compliance issues arising under the ABPI Code, UK Bribery Act and FCPA.
Examples of her work include: representing senior individuals in the Central Bank of Bahrain investigation as part of the US$10 billion Saad v Al-Gosaibi dispute; acting for UK and offshore insolvent investment funds in litigation and regulatory investigations to recover significant assets, including recovering almost £100 million for Connaught Income Series I Fund UCIS investors in its claim against Capita Financial Managers Limited; and advising senior management of GlaxoSmithKline in the Chinese Government’s corruption investigation. She is representing parties involved in a multi-billion dollar tax evasion investigation encompassing offshore trust litigation and multi-jurisdictional criminal and civil proceedings.
She also led the team acting for the Government of Nigeria in challenging a $10 billion arbitral award in favour of a BVI company arising from a failed gas deal, on the basis that the underlying contract and the award itself were procured through fraud and corruption. A successful application was made to the English Commercial Court to secure an unprecedented extension of time to challenge the arbitral award more than three years after it was made, extending the usual 28 day limit in which arbitral awards must be appealed, on the grounds that there was strong prima facie evidence of fraud and bribery.
Shaistah’s practice frequently has an international element and she has extensive experience of litigation and investigations in a number of European, Middle Eastern, Asian and African jurisdictions. This includes advising on sanctions involving Russia, Iran, the Middle East and North Africa, in addition to many other jurisdictions where sanctions are in operation, in both an advisory and contentious capacity. She has led internal investigations relating to alleged violations and advised on regulatory challenges involving sanctions in numerous sectors including financial services, life sciences and the travel industry, including making reports to HM Treasury and OFAC. She has also advised the Law Society and OFSI on its Guidance on sanctions regulations.
Shaistah is a recommended lawyer in legal directories, described as “excellent” for commercial litigation, “tenacious” and a “real street fighter”, achieving successful outcomes in some of the most challenging cases. She has spoken at and chaired a number of conferences, including regular slots with the BVCA and the Cambridge Economic Crime Symposium. Shaistah is Co-Editor of Dispute Resolution in the Gulf: GCC Approaches and Egyptian Influences.
Lawyer Rankings(Leading individuals)
Businesses ranging from owner-manager operations to household name multi-national entities value Mishcon de Reya LLP‘s ability to handle complex, cross-border litigation with ‘real aplomb‘. Leadership duties are split three ways: Kasra Nouroozi heads up the dispute resolution offering, Richard Leedham oversees the commercial litigation group, and Janet Tobin helms private commercial litigation. Shaistah Akhtar is the team’s sanctions expert, while Nicola Bridge stands out for her in-depth telecoms and gaming knowledge.
- Leading individuals - London > Dispute resolution > Commercial litigation: premium
- Commercial litigation: premium - London > Dispute resolution
Top Tier Firm Rankings
- Private client > Art and cultural property
- Private client > Contentious trusts and probate
- Employment > Employers
- Private client > Family
- Crime, fraud and licensing > Fraud: civil
- Crime, fraud and licensing > Gaming and betting
- Transport > Travel
- Employment > Immigration
- TMT (technology, media and telecoms) > Intellectual property: trade marks, copyright and design
- Employment > Health and safety
- Private client > Personal tax, trusts and probate
- Real estate > Property litigation
- Real estate > Residential property
- Employment > Senior executives
- Public sector > Administrative and public law
- Real estate > Commercial property: investment
- Dispute resolution > Competition litigation
- Public sector > Education: individuals
- Crime, fraud and licensing > Fraud: white-collar crime (advice to individuals)
- Insurance > Insurance litigation: for policyholders
- Corporate and commercial > Partnership
- Crime, fraud and licensing > Private prosecutions
- TMT (technology, media and telecoms) > Reputation management
- Industry focus > Retail and consumer
- Real estate > Commercial property: development
- Real estate > Construction: non-contentious
- Risk advisory > Data protection, privacy and cybersecurity
- Employment > Employee share schemes
- Corporate and commercial > Financial services: contentious
- TMT (technology, media and telecoms) > Franchising
- TMT (technology, media and telecoms) > Intellectual property: patents (contentious and non-contentious)
- TMT (technology, media and telecoms) > PATMA: Trade mark attorneys
- Real estate > Planning
- Risk advisory > Regulatory investigations and corporate crime (advice to corporates)
- Dispute resolution > Tax litigation and investigations
- Industry focus > TMT
- Public sector > Civil liberties and human rights
- Corporate and commercial > Commercial contracts
- Dispute resolution > Commercial litigation: premium
- Corporate and commercial > Corporate tax
- Industry focus > Hospitality and leisure
- Dispute resolution > International arbitration
- TMT (technology, media and telecoms) > IT and telecoms
- Industry focus > Life sciences and healthcare
- Corporate and commercial > M&A: lower mid-market deals, £50m-£500m
- Real estate > Property finance
- TMT (technology, media and telecoms) > Sport
- Dispute resolution > Banking litigation: investment and retail
- Real estate > Construction: contentious
- TMT (technology, media and telecoms) > Media and entertainment (including media finance)
- Corporate and commercial > Private equity: transactions - mid-market deals (up to £250m)
- Corporate and commercial > EU and competition
- Private client > Charities and not-for-profit