Max Schaefer

Practice Areas

Max has been instructed in some of the most significant commercial disputes of recent years, often involving complex financial or economic issues. Current and recent instructions acting for Hewlett-Packard group companies in their US $5 billion fraud claims against former executives of Autonomy; for Asda and other high-street retailers in competition damages claims against MasterCard (and, previously, Visa) relating to the networks’ multilateral interchange fees (Max’s clients succeeded before both the Court of Appeal in 2018 and the Supreme Court in 2020); for Goldman Sachs International in a jurisdiction dispute relating to US $830 million claims against Novo Banco, a Portuguese “rescue bank” (before the High Court, Court of Appeal, and Supreme Court); and for Banco Central de Venezuela in its efforts to release €930 million of the value of gold bars held in the Bank of England to fund COVID-19 relief via the United Nations Development Programme.