The Wall Street Journal
18 April 2012
London-based Stewarts Law, a Top 100 law firm and the UK's largest litigation-only firm, has today announced the launch of Stewarts Law US LLP with offices in New York and Delaware.
Stewarts Law confirmed the appointment of litigators David Straite and Ralph Sianni as US Partners and Executive Committee Members of the US LLP.
The US practice will initially focus on investor protection litigation, including securities litigation, corporate governance and alternative entity litigation, as well as antitrust and commercial litigation. Other practice areas are likely to follow.
David and Ralph have represented some of the largest institutional investors in the United States and Europe in all aspects of investor protection litigation including hedge fund disputes, shareholder derivative actions and securities class actions.
David has worked in both the New York office of Skadden, Arps, Slate, Meagher & Flom LLP and the Delaware office of Grant & Eisenhofer P.A., and is a graduate of Tulane and Villanova. Ralph is a graduate of Yale, Penn and Boston University, and also worked in G&E's Delaware office. David will be resident in the New York office and head the new Investor Protection Litigation department. Ralph will manage the US offices and will be based in Delaware.
The US team is expected to be immediately involved in a number of heavyweight cases including: In re: Facebook Internet Tracking Litigation (N.D. Cal.); Peters v. JinkoSolar Holding Co., Ltd., et al. (S.D.N.Y.); Schad v. Harbinger Capital Partners LLC, et al. (S.D.N.Y.); and In re: Advance America Shareholders Litigation (Del. Chancery).
John Cahill, UK Managing Partner of Stewarts Law and Chairman of the US Executive Committee said, "I am delighted that David Straite and Ralph Sianni have agreed to lead the US practice. The opening of a US practice is an important strategic step for us. Expansion to the US will increase our global reach and international litigation capability."
He added, "Our US practice will bridge a cultural gap for UK and European clients litigating in the US Courts. We will continue to work closely with those US firms who have a proven track record in our chosen specialisations. We plan to remain litigation-only, highly specialist, and conflict-free."
David Straite commented, "Stewarts Law is an excellent fit and will enable Ralph and me to deliver outstanding litigation capability in the US for both UK and European institutional investor and corporate clients. We hope to provide a new voice for UK and European investors in the US courts."
Ralph Sianni added, "A number of US litigation firms have expanded into the UK but few have moved the other way, and we expect this move to resonate here in the United States."
The offices of Stewarts Law US LLP will be open in New York and Wilmington, Delaware on May 1, 2012.
ABOUT STEWARTS LAW:
London-based Stewarts Law LLP is the UK's largest litigation-only law firm with an outstanding record for winning litigation. The firm acts for corporate, institutional investor and individual clients and has leading and specialist departments in antitrust litigation, aviation and travel, clinical negligence, commercial litigation, divorce and family, employment and personal injury.
Stewarts Law is global in its perspective and has strategic partnerships in place with litigation law firms around the world, enabling its clients to take a cross border approach to litigation. Stewarts is recognized by clients and peers alike as second to none:
- Top-ranked in both the Legal 500 and Chambers UK.
- Winner, Niche Law Firm of the Year, 2009 (The Lawyer Awards).
- Winner, Best Managed Firm, 2010 Managing Partners Forum European Practice Management Awards.
- Winner, Niche Law Firm of the Year (Leeds Office), 2010 Yorkshire Lawyer Awards.
- Described by the Legal 500 as "acts against major UK banks, but also acts in commercial disputes, fraud, professional negligence, property, insolvency and international trade matters. It is appreciated for its 'deep knowledge and expertise'." Also described as "the preeminent firm in this country dealing with personal injury/fatal accident claims from aviation accidents."
- Noted by Chambers and Partners as "the firm of choice for countless wealthy City professional, entertainment and sports industry clients looking for advice and representation in complex divorce proceedings."
- Steadfastly conflict-free, able to act against banks and auditors.
Stewarts Law also has a well-developed corporate social responsibility program. Attorneys at the firm provide several thousand hours of free legal advice and assistance each year in a broad range of legal areas including debt, pension, insurance and human rights issues. The Firm established a charitable foundation and donates a proportion of profit to the foundation on an annual basis and will provide charitable donations of $2 million in its first three years of operation.