What the team is known for
Stephenson Harwood represents Indian corporates and high net worth individuals on cross-border dispute resolution, including breach of contract and shareholder issues. Also a popular choice of counsel among Indian financial institutions. Maintains a leading reputation for work in the shipping industry and additionally active on disputes in the pharmaceutical, mining and metals sectors. Primarily acts out of London, and also handles India-related disputes from Singapore and Dubai. Key clients include ICICI Bank and Axis Bank.
Stephenson Harwood represented Mr Ravi Ruia and Mr Prashant Ruia in successfully defending a USD1.5 billion freezing order and disclosure applications brought on notice by the claimant as part of a long-running dispute between ArcelorMittal USA and the Essar conglomerate.
London-based Kamal Shah is a key contact.