Aviation Finance & Leasing
United Kingdom
20 August 2025
Large-scale, high-profile disputes continue to be hallmarks of Milbank’s competition litigation team. A standout mandate is the firm’s ongoing representation of Visa in multiple proceedings before the High Court and CAT concerning alleged competition law infringements related to multilateral interchange fees. Practice chair Julian Stait focuses on competition litigation and cross-border investigations. Andrea Hamilton, noted for her focus on industrial clients, is also recommended.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Milbank has a small and highly skilled and specialised team with strong experience in financial services-related competition litigation.'
‘Mark Padley is a very strategic thinker and has a very good understanding of the subject that allows him to put challenging questions to the economists.'
‘An excellent team.'
‘Julian Stait is a brilliant litigator: incredibly analytical, but also realistic, tough but polite, and immensely experienced.'
‘Very strong commercial litigation team with good experience in competition litigation’
‘Julian Stait is one of the best litigators in the City. Mark Padley is very clever and has a growing set of relationships.’
Key clients
- Visa Europe Limited
- Coöperatieve Rabobank U.A.
- Brugg Kabel AG
Work highlights
Acting for Visa in multiple sets of proceedings in the High Court and Competition Appeal Tribunal in relation to alleged infringements of competition law relating to the setting and implementation of multilateral interchange fees.
Acting for Rabobank in defending a High Court claim brought by the Federal Deposit Insurance Corporation on behalf of several failed US banks.
Practice head
Julian Stait
Other key lawyers
Andrea Hamilton; Emma Hogwood; Mark Padley; Emily Norton