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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

Paul Brehony

Tel:
Work 020 7822 8000
Email:
Web:
www.stewartslaw.com/people/paul-brehony/
Stewarts Law LLP

Work Department

Commercial Litigation and Tax Litigation

Position

Partner in the Commercial Litigation and Tax Litigation departments. Paul has extensive experience of complex multi-jurisdictional commercial and insolvency related disputes, generally claimant focused, often with a heavy investigative bias. His clients include most of the leading accountancy firms and their officeholders as well as individuals and corporates.

Expertise
Paul’s cases include complex banking and financial services/products litigation, a significant amount of contentious insolvency, misfeasance and fraud work, along with professional negligence actions, shareholders’ disputes and tax.

Publications
Articles written by Paul have featured in the New Law Journal, the Solicitors Journal and the Journal of International Banking and Financial Law. He has also appeared on Sky TV discussing bank mis-selling claims on Jeff Randall Live.

Career

Paul trained and practiced at Simmons & Simmons before joining SJ Berwin. He then spent six years at PwC Legal, latterly leading the Commercial Litigation Group before joining Stewarts as a partner in 2010.

Member

Paul is a member of the Association of Business Recovery Professionals (R3) and INSOL, its international equivalent. He is a member of the IBA and is regularly amongst the firm’s representatives at IBA conferences and events. He is also a member of the LSLA and the CLF.

Education

Brighton College; London University; Goldsmith’s (Holloway and King’s) College (BA Hons history (2.1)); College of Law, Lancaster Gate (CPE; LSF).


London: Dispute resolution

Banking litigation: investment and retail

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: 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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