Biography
Sarah is a Senior Associate with experience in complex multi-party international disputes, many of which have focussed on transactions adversely affected by the global financial crisis, and in particular the insolvency of a major international bank.
Sarah has experience in dealing with disputes involving a wide range of financial products including derivatives, notes, warrants, Collateralized Debt Obligation (CDO) squared programmes and share issuances. Her experience covers pre-action, High Court litigation and mediation. Sarah also has broad transactional experience in a wide variety of complex financial structures including credit, equity and fund-linked OTC derivatives, loan origination, securitisation and transfers of loan portfolios.
Prior to joining Signature Litigation, Sarah was an associate in the Global Finance team at leading US law firm Sidley Austin LLP. Sarah qualified at Sidley Austin LLP in September 2013.
Sarah is a member of the Junior LSLA.
Experience
Commercial Litigation
- Acting for a large institutional and retail claimant group in complex group litigation against a large UK bank and its former directors in relation to allegations of breach of statutory obligations under s.90 FSMA with respect to alleged omissions and/or misleading statements in a prospectus. The areas of complaint include liquidity, capital, credit market exposures, risk management, VAR and LIBOR.
- Acting for an Italian pension fund in its action against a major international bank in relation to a dispute over the quantum of a termination payment under a principal protected constant proportion portfolio insurance (CPPI) product.
- Acting for a Korean insurance company in a dispute against a major international bank in relation to the distribution of collateral and entitlement to a termination amount in a CDO squared transaction.
- Acting for a ‘Class X’ noteholder in several securitisations nearing their maturity date in relation to an alleged miscalculation of interest payments.
Acting for a major US hedge fund in relation to its claim against a major international bank in respect of warrants issued by that bank.
Training and other experience
- Acting for an American multinational investment management firm in relation to a multi-million Euro commercial mortgage-backed note issuance in relation to property portfolios in the Hellenic Republic and admitted to trading on the Irish Stock Exchange.
- Acting for a leading international asset manager in relation to its role as arranger of a multi-million pound facility agreement relating to the refinancing of an acquisition of 14 properties let to a major national furniture retailer.
- Acting for a major international bank in relation to a loan facility it provided to a bank in Botswana.
- Acting for numerous clients in establishing new funds.
- Advising clients in respect of international European regulations in relation to derivatives (European Market Infrastructure Regulations).
- Drafting ISDA documentation.
Areas of Expertise
Sarah Shearman's Latest Published Articles
@SignatureLitLLP
.@florepoloni & Thibaud Roujou de Boubée discuss two recent rulings of the Paris Court of Appeals re potential breaches of international public policy due to corruption allegations in Revue Internationale de la Compliance et de l'Ethique des Affaires bit.ly/2V0JaaG pic.twitter.com/iIrYA040ow
Signature Partners
Ioannis Alexopoulos
Ioannis is ranked in the Chambers UK Guide for international arbitration and is recognised in The Legal 500 UK 2021 as a ‘Recommended Lawyer’ for international arbitration. He is praised as a “brilliant advocate” and the Guide also notes that he is “is experienced in cases involving Greece, the Balkans, Russia and Central Asia, the Middle East, Brazil and sub-Saharan Africa“. Ioannis is also ranked in Chambers Global for his international arbitration practice. He has been commended for his ability to “see right to the heart of sprawling banking disputes.”
Paul Brehony
Paul is recognised as a “notable practitioner” in banking litigation by The Legal 500 UK Guide and is also “highly recommended” for commercial litigation expertise. He is further described as “charming, well organised and a pleasure to litigate with.”
Natalia Chumak
Natalia is ranked in the Chambers UK and The Legal 500 UK Guides for her International Arbitration expertise. She has previously been praised by The Legal 500 and Chambers UK for her “fantastic experience and responsiveness“, for being an “extremely good tactical mind“, a “steely litigator with excellent litigation instincts” and she has been praised for her ability to “remain incredibly calm under pressure“.
Julian Connerty
Julian has been ranked in Chambers for Civil Fraud and the Guide notes he “has considerable expertise in international fraud cases.” Julian is recommended in The Legal 500 UK 2021 for his civil fraud and banking litigation expertise. The Legal 500 notes that Julian is an “extremely experienced practitioner” and “a specialist in international fraud and asset recovery actions”. Julian is also described as “subtle and meticulous” and “inspires great confidence in all around him”.
Sylvie Gallage-Alwis
Sylvie is described by Who’s Who Legal as a “dynamic and determined litigator“, who is “a firm favourite among clients” as “she always goes the extra mile to support her clients, and is proactive in seeking commercial solutions to disputes” and is “analytical, intelligent and responsive“. The Legal 500 EMEA Guide ranks Sylvie as a ‘Next Generation Partner’ for Product Liability Litigation in France and she is recognised for her work on “high-profile toxic tort and product liability cases, handing a number of asbestos claims.”
Graham Huntley
Graham is consistently recognised by The Legal 500 and Chambers as one of the UK’s highest ranked commercial and banking litigators and has been involved in some of the most significant cases of recent years. Chambers UK describes him as “an intense and effective solicitor with an incredibly client-focused approach” and he has previously been described as “very bright, very hard-working, a good tactician” and “very committed and driven”. The Legal 500 recognises Graham for being a “a leading figure in commercial dispute resolution and widely regarded as a rainmaker.”
Abdulali Jiwaji
Abdul is regarded as a ‘Recommended Lawyer’ in The Legal 500 UK 2021 for Banking Litigation: Investment and Retail and Commercial Litigation. The Guide notes he “is always on the ball and has a good tactical brain” and recognises he “has always provided sound and very considered advice”. Abdul is also praised for being “a steady hand during turbulent times”. Chambers Global has described him as a “technically sound, sensible and robust litigator who always finds practical solutions”.
Emmanuèle Lutfalla
Emmanuèle is recognised as a ‘Thought Leader’ in Who’s Who Legal’s France 2020 Guide. She is also ranked as both a ‘National’ (in France) and ‘Global’ Leader for Product Liability Defence in Who’s Who Legal. The Guide notes Emmanuèle “excels in handling disputes at the intersection of product liability and insurance matters, representing clients from the life sciences sector in litigation and product risk management.” The Legal 500 EMEA Guide ranks Emmanuèle as a ‘Recommended Lawyer’ for insurance and notes she is “very renowned in the insurance sector“. The Legal 500 also ranks the insurance and reinsurance litigation practice very highly in Paris, and also notes the department “unites an impressive bench of stellar litigators“.
Hermès Marangos
Hermès is recognised as a ‘Leading Individual’ in The Legal 500 UK 2021 for his insurance and reinsurance litigation practice. Hermès is ranked as a Band 3 expert in Chambers Global 2021 and Chambers Latin America 2021 for his Insurance expertise in the region.
Elliott Phillips
Elliott is an internationally recognised barrister and specialises in global commercial litigation and international contentious trusts disputes. He has been recognised in The Legal 500 for his experience in dispute resolution work and is also ranked as a Band 2 individual in both Chambers Global and Chambers Europe for General Business Law: Dispute Resolution — Gibraltar. Elliott is also recognised as one of the world’s leading private client lawyers and trusts and estates litigators, and is listed in the Private Client Global Elite community. The Legal 500 EMEA Guide recognises Elliott as a ‘Recommended Lawyer’ for dispute resolution in Gibraltar, and notes he “is a specialist in international trusts and estates disputes.” A referee in the 2021 Guide praises Elliott as “an accomplished litigator, highly experienced, knowledgeable and great to have on your side.“
Flore Poloni
Ranked in Who’s Who Legal Arbitration – Future Leaders, Flore is described as “the most dynamic young arbitration practitioner in Paris“, “a very dynamic and multi-skilled lawyer” and praised for her “excellent communication skills and perfect knowledge of arbitration“. The Legal 500 EMEA 2021 Guide ranks Flore as a ‘Recommended Lawyer’ for dispute resolution and has been recognised as a ‘Rising Star’ lawyer for International Arbitration. Flore has been praised for her “extensive expertise in international arbitration” and described as “extremely capable”.
Thomas Rouhette
Thomas is ranked Band 2 by both Chambers Global and Europe for his litigation and aviation law expertise, with sources praising him for his “invaluable” advice, experience and knowledge. The Legal 500 EMEA Guide consistently recognises Thomas as a ‘Leading Individual’ for his aviation and commercial litigation practices. Who’s Who Legal regards Thomas as the “finest product liability lawyer in the country and one of the very best on the continent.”
Tom Snelling
Highly ranked in the Chambers UK Guide for his commercial litigation expertise, Tom Snelling is described in the 2020 Guide as “extraordinarily good” and an “utter pleasure to work with and enormously talented, with a sixth sense for where a case is going and very sound judgement”. The Guides have also noted that Tom is “amazingly dedicated with strong credentials in international litigation” and that he is both “practical and commercial”. Tom is recognised as a ‘Recommended Lawyer’ in The Legal 500 UK 2021 for his Banking Litigation: Investment and Retail and Commercial Litigation expertise.
Daniel Spendlove
The Legal 500 UK Guide describes Daniel as “an exceptionally committed, exceptionally hard working lawyer, with a careful and thorough approach to issues” and “a really effective litigator“. He has also been described as “very smart, client focused and details-oriented” and “excellent, with great attention to detail, wide experience and excellent client care’“. He has also been praised as “highly professional”, and “a strategic thinker” who “brings real energy to cases”. He is highly ranked across the Commercial Litigation, International Arbitration and Professional Negligence categories. He was recently described, by Commercial Dispute Resolution magazine, as “one of a new breed of independent and forceful commercial litigation partners”.
Josh Wong
Josh is recognised as a ‘Recommended Lawyer’ in The Legal 500 UK 2021 for his international arbitration expertise, and the Guide notes that he is “an expert in security, asset tracing and enforcement actions involving multiple jurisdictions”. He has also been ranked in Chambers Global as a ‘Foreign Expert Based in UK’ for his Chinese dispute resolution, arbitration expertise, and as a ‘Foreign Expert for China’ for UK dispute resolution.
