Ranked in 1 Practice Areas
5

Band 5

Banking Litigation

UK-wide

4 Years Ranked

About

Provided by Clare Stothard

UK

Career

Clare trained in the City of London with Lovell White Durrant (now Hogan Lovells) qualifying into its litigation team, where she spent several years acting for a leading toy manufacturer.

She joined Matthew Arnold & Baldwin in 1993 and was made a partner in 1996. In 2012 she was appointed to Matthew Arnold & Baldwin's management board, which she chaired between 2012 and 2016. Having co-founded the Banking and Finance practice in Matthew Arnold & Baldwin's Watford office, together with Steven Mills, Clare oversaw that firm’s appointment to numerous legal panels over a 10-year period whilst building a national reputation for banking litigation and winning a number of awards along the way. Recent Legal 500 commentary states that her team is “more than a match for City firms”.

In February 2016 Clare joined Dentons UK and Middle East LLP. She was appointed to its Board in 2017 and made responsible for the delivery element of its 3 year strategic plan in 2018. Clare was the relationship partner for two of the firms largest banking clients.

Clare joined TLT in November 2020 together with all of her clients.

Clare is highly experienced in all aspects of investment and retail banking litigation, financial crime, regulatory compliance and investigations. In recent years her particular focus has been on litigation relating to the misselling of derivatives and she has taken the lead role for one particular financial institution in setting up a section 166 Review and subsequently taking numerous cases to hearings and trial in both the High Court and Court of Appeal in respect of the duty of care owed by the banks. She has recently also obtained judgment for Barclays in the leading case of Philipp v Barclays Bank PLC which is the first time that a court has considered the application of the Quincecare duty in the context of authorised push payment fraud.

Chambers Review

Provided by Chambers

Chambers Guide to the Legal Profession

Banking Litigation - UK-wide

5
Band 5
Individual Editorial
Clare Stothard is experienced in handling claims that concern financial mis-selling and benchmark manipulation. She also assists banks and other financial institutions with regulatory matters, including compliance and investigations.

Strengths

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