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Stewarts Law LLP

5 NEW STREET SQUARE, LONDON, EC4A 3BF, ENGLAND
Tel:
Work 020 7822 8000
Fax:
Fax 020 7822 8037
Email:
Web:
www.stewartslaw.com
Leeds, London

Clive Zietman

Tel:
Work +44 (0)20 7822 8075
Email:
Web:
www.stewartslaw.com/people/clive-zietman/
Stewarts Law LLP

Work Department

Commercial Litigation

Position

Partner and head of Commercial Litigation

Career

On qualification in 1985, Clive joined Herbert Smith where he worked for many years as an assistant. He set up his own firm in 1994, which grew to become a 13-partner firm seven years later. Clive was Head of Commercial Litigation at Manches from 2004 until 2009, when he joined Stewarts.

Expertise:

Clive leads the Commercial Litigation team at Stewarts. Over the past few years, he has been involved in several actions against banks, a task that most central London law firms are unable to undertake as a result of conflicts of interest.

Clive also acts as a supervising solicitor appointed by the court in search order cases. He has been involved in several high-profile search order cases including the Ferrari secrets case and the Elton John stolen refuse dispute.

Experience:

Clive has acted in several well-publicised cases, including:

  • Acting for 83 bankers in a case against Commerzbank regarding unpaid bonuses
  • The RBS shareholder litigation concerning the 2008 right issue
  • The high-profile diamond business dispute between Lev Leviev and Arcadi Gaydamak

Recognition:

Chambers describes Clive as “a great lawyer who’s very good at understanding the case and bringing it forward to court in a clear manner”and “a well-known practitioner” who “has immense experience” and “amazing energy”. It also notes that he has a “brilliant reputation in the market”, and is “fantastic with clients”.

The Legal 500 notes that Clive “obtains first-class results” and is “an excellent strategist”.

Publications:

Clive has written widely about fraud and dispute resolution both in the legal and national press and lectures regularly on both subjects.

 


London: Crime, fraud and licensing

Fraud: civil

Within: Fraud: civil

Stewarts Law LLP¬†advises on large-scale civil fraud matters with cross-border aspects. The firm is advising RAKIA, which invests the sovereign wealth of Ras Al Khaimah; in a fraud case against a former CEO and other individuals valued at $1.5b. It also continues to act for the liquidators of Kaupthing in connection with a ‚ā¨500m claim against Deutsche Bank which related to the sale of banking derivatives during the credit crunch. Clive Zietman¬†heads the team, he is supported by the ‚Äėimpressive‚Äô Sean Upson¬†who ‚Äėtypically identifies very quickly the available courses of action and then provides prompt and reliable advice as to which option is most feasible and appropriate‚Äô. Ian Gatt¬†QC joined as partner from Herbert Smith Freehills LLP¬†and David Hughes¬†joined as partner from Dechert LLP. Laura Jenkins¬†and Lucy Ward¬†were promoted to partner. Daniel Loblowitz¬†and Fiona Stewart¬†left the firm.

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London: Dispute resolution

Banking litigation: investment and retail

Within: Leading individuals

Clive Zietman - Stewarts Law LLP

Within: Banking litigation: investment and retail

'A top firm for claimants and highly recommended for banking litigation', the 'smart and user-friendly' conflict-free firm¬†Stewarts Law LLP¬†is the largest litigation-only law firm in the UK and acts for some of the world‚Äôs biggest financial institutions, companies, multinational corporations and high-net-worth individuals; the team has also expanded into new areas of disputes work, such as securities litigation. The practice acts in complex, large-scale and high-value banking disputes and has significant experience of litigation funding; and the civil fraud group's work often involves complex financial instruments and structures. In a high-value, complex matter involving multiple jurisdictions, it acted for the liquidators of Kaupthing in connection with a ‚ā¨500m claim against Deutsche Bank, which arose from the sale of complex banking derivatives; and in¬†a dispute that raised fundamental questions about the duties of banks that issue Islamic corporate bonds, the team acted for both hedge funds that bought a bond and the company that issued the bond. ¬†Clive Zietman¬†is department head,¬† Marc Jones¬†'runs litigation very well', and Fiona Gillett¬†is 'a¬†very able lawyer, who has a great touch with clients'. Other key advisers are¬†¬†Sean Upson,¬†Keith Thomas,¬†Paul Brehony,¬†Ian Gatt QC¬†and¬†David Hughes¬†. Lucy Ward¬†and Laura Jenkins¬†were promoted to the partnership.¬†Elaina Bailes¬†is a key senior associate.

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Commercial litigation

Within: Leading individuals

Clive Zietman - Stewarts Law LLP

Within: Commercial litigation

Stewarts Law LLP is the largest litigation-only law firm in the UK and one of the few firms able to accept instructions against banks and financial institutions as well as other major corporates. It 'provides an excellent service with able lawyers, who are ready to drop everything and get up to speed at short notice when necessary'. The practice acted for 112 institutional investors, as claimants, in seeking damages further to Tesco's admission that its earlier financial statements were overstated by at least £326m as a result of manipulation of its commercial income; the case is one of the first cases to be brought under new legislation that is designed to address serious corporate mis-statements in published statements.Clive Zietman heads the commercial litigation department and the 'ultra-responsive' Ian Gatt QC 'has a good understanding of clients' priorities'. Other highly rated advisers include Marc Jones, Fiona Gillett, Keith Thomas, Sean Upson, Paul Brehony and Andrew Hill. David Hughes was recruited from Dechert LLP, while Fiona Stewart left the firm.

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