The practice at Stephenson Harwood is ‘excellent in assisting with complex and contentious situations’ for clients that include global banks, investment companies, sovereign wealth funds, and hedge funds. The team is able to draw on the knowledge of the financial services and regulation practice of the firm, providing clients with comprehensive advice. Edward Davis leads the team alongside the ‘force of nature’ Sue Millar, both acting on highly complex mandates undertaken by the team. Key to the practice is the ’absolute star’ Genevieve Quierin and the ‘extremely clever and astute’ Stephen Ashley, along with Richard Garcia, who has a ’tremendous grasp of complex financial arrangements’.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Unparalleled experience in the team, excellent in assisting with complex and contentious situations.’

  • ‘Jon Proctor and Jayesh Patel provide a wealth of knowledge that in my opinion is second-to-none in the market. Years of experience means that their advice is considered, sound and wholly reliable.’

  • ‘Guy Harper: Impressive and engaged partner with a sound commercial mind. Richard Garcia has a tremendous grasp of complex financial agreements and disputes relating to them.’

  • ‘An excellent team with a relentless focus on getting clients results. Excellent on legal strategy and maintaining a clear perspective on the key issues in litigation.’

  • ‘Genevieve Quierin is an absolute star with a remarkable appetite for detail while maintaining a clear sense of overall strategy.'

  • 'Donna Newman and Adam Polonsky are excellent leaders of a litigation team and relentless hunting down results.’
  • ‘Very talented team, diverse, forward looking with specialist expertise in areas such as sanctions with exceptional knowledge of unusual jurisdictions.’

  • ‘Sue Millar is a force of nature: inspiring leader and brilliant litigator Stephen Ashley is an extremely clever and astute lawyer.’

Key clients

  • RCI Financial Services Limited
  • Mauritius Commercial Bank
  • Alpha Bank Cyprus Ltd, Bank of Cyprus Public Company Limited, Cyprus Popular Bank Public Co Ltd
  • Natixis S.A.
  • Over 1600 claimants including WorldRemit, BMW Financial Services, Benaulim BV, Henderson & Jones and Bet365
  • Shanghai Commercial and Savings Bank Limited (Taiwan)
  • Gordian Holdings Limited

Work highlights

  • Representing over 1,600 corporate claimants within the financial services, hospitality, leisure, retail, arts, ticketing, online betting, financial services in Europe-wide group claims brought against Mastercard and Visa.
  • Advising a number of major Cypriot banks in relation to a large number of claims based on alleged 'mis-selling' brought in the UK and Cyprus, in group actions involving hundreds of parties.
  • Acting for Shanghai Commercial and Savings Bank Limited (Taiwan) in its defence of a claim brought by Vegesentials and Fibre Water Limited for vicarious liability arising out of a fraudulent misrepresentation.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Stephenson Harwood
Sue is an experienced and well-respected litigator whose expertise is recognised in the leading directories. Her practice is  broad, encompassing finance litigation, sanctions, civil fraud and corporate and commercial disputes. Clients value her responsiveness and her commitment to finding solutions to complex problems. She leads the firm's sanctions practice and co-heads the firm's "technically strong" finance litigation team. Sue is recognised as a leading individual for commercial litigation and banking litigation in Legal 500 2023. Clients have described her as 'a very experienced litigation partner, with the magical combination of being a tough litigator while also being easy and fun to work with!’ and as 'a force of nature and a brilliant litigator. While she has excellent common sense and an instinctive grasp of the commercialities of a case, she is also a talented lawyer and team leader.’ (Legal 500 2023). Meanwhile, she is described as "excellent" in Chambers UK 2023. Sue also leads the firm's sanctions practice, having practised sanctions law for over 14 years. She advises on a range of contentious and non-contentious issues arising in relation to the Russian, Iranian, Libyan and Syrian sanctions regimes. There are very few firms in the City which can match Stephenson Harwood's experience in this area.
Stephenson Harwood
Genevieve acts for corporate and individual clients in a broad range of commercial disputes. She frequently represents companies in the banking and finance, private equity, hospitality and leisure, retail, media and telecoms sectors. Her expertise spans pre-action strategic advice to directors, shareholders and company founders through to high value, multi-jurisdictional High Court litigation. Genevieve has a leading banking and finance litigation practice as well as a specialism in competition private enforcement actions, and is currently representing over 1,000 companies in group claims against Visa and MasterCard. She is equally at ease acting for claimants and defendants, and frequently works with third party litigation funders. Recent work includes: strategic advice to founder of high profile media business involving breach of directors’ duties and unfair prejudice to minority shareholders; defending a £50m+ breach of warranty claim; breach of contract and rectification action acting for PE fund; advising US hedge fund in relation to material adverse effect clause; acting for a major global trust company in several multi-jurisdictional actions involving allegations of fraud; advising corporate director in relation to round tripping allegations; providing advice on potential liabilities arising from the Grenfell Tower Fire to global bank. Genevieve is co-chair of the Cambridge Forum on European Collective Redress, a member of the International Bar Association and a frequent conference speaker.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Sue Millar, Edward Davis

Other key lawyers

Genevieve Quierin, Stephen Ashley, Richard Garcia, Donna Newman, Jon Proctor, Jayesh Patel, Guy Harper, Adam Polonsky