Department profile
Stewarts

Asset Tracing & Recovery (Law Firms)

Litigation Support Guide 2026 : Global-wide


Stewarts

Rankings

About

Provided by Stewarts

We are a leading team of contentious insolvency and asset recovery specialists. We act for officeholders and other stakeholders including lenders, directors, shareholders and investors.

We resolve disputes, monetise claims and pursue the recovery of assets in an insolvency or distressed context. Our team has an outstanding track record of working effectively with the insolvency and business recovery teams at the major global accounting practices.

As a conflict-free litigation-only law firm, we are uniquely placed to work on disputes where other law firms may be conflicted. This often arises in intrabanking, financial services and other disputes involving major corporates.

Our team has unrivalled experience in putting together innovative costs arrangements. We deploy risk sharing fee agreements, third-party funding and after the event insurance to enable our clients to pursue claims and recover assets from a position of financial strength.

Our lawyers frequently coordinate claims in multiple jurisdictions, working alongside specialist law firms from around the world. We are also experts in obtaining recognition of foreign insolvency proceedings in the UK, and UK insolvency proceedings overseas.

Where necessary, we draw on the expertise of our litigation specialists in trusts, employment, competition and tax to provide a comprehensive insolvency litigation and asset recovery service to our clients.

Chambers Review

Provided by Chambers

Asset Tracing & Recovery (Law Firms) - Global-wide

Band 4

Band 4


What the Team is Known For

Stewarts is a litigation firm with cross-border experience in complex asset tracing and recovery mandates. Its lawyers assist with high value recoveries in international civil fraud and insolvency cases.

Strengths

Provided by Chambers

  • Stewarts is a firm that holds firm in difficult situations and stands by its clients.

    Asset Tracing & Recovery (Law Firms) respondentLitigation Support
  • Stewarts has a hands-on approach, with outstanding investigative capabilities. Despite being a compact team, they operate seamlessly, demonstrating strong cohesion and adaptability. The team handled sensitive, time-critical, and urgent matters with professionalism and discipline.

    Asset Tracing & Recovery (Law Firms) respondentLitigation Support
  • Stewarts stands out for its strategic clarity, forensic grip on the detail, and the ability to run complex litigation with discipline and momentum. The law firm is rigorous in its analysis, highly organised in execution, and very clear-eyed about risk, cost, and endgame from an early stage.

    Asset Tracing & Recovery (Law Firms) respondentLitigation Support

Notable Practitioners

Provided by Chambers

  • Band 2Alex Jay
    Band 2Alex Jay

    Alex Jay

    Alex Jay leads the insolvency and asset recovery team at Stewarts and specialises in complex asset tracing and recovery in insolvency-related disputes, often involving fraud and breach of duty. He frequently acts for liquidators in high-value fraud investigations and is recognised for handling multi-jurisdictional cases and maximising recoveries for clients.

    • Alex sits alongside his clients, combining critical thinking, case specific commercial awareness and the flexible thinking required to deal with very tricky issues.

      Asset Tracing & Recovery (Law Firms) respondentLitigation Support
    • Alex is an strong litigator and team leader. He really knows his stuff and can always be relied upon to see a new angle. He is also a master tactician.

      Asset Tracing & Recovery (Law Firms) respondentLitigation Support
    • Alex is well suited in high-value, high-risks disputes and handles such matters well.

      Asset Tracing & Recovery (Law Firms) respondentLitigation Support
    • Alex is a client’s dream lawyer. He is engaged, intelligent, responsible and savvy.

      Asset Tracing & Recovery (Law Firms) respondentLitigation Support

Ranked Individuals at Stewarts (1)

Global-wide

Members

Provided by Stewarts

What success is built on

Chambers is the leading data and intelligence partner for the legal sector.

Explore thought leadership